Wolfe Research Forecasts Strong Price Appreciation for Quanta Services (NYSE:PWR) Stock

Quanta Services (NYSE:PWR) had its price objective hoisted by investment analysts at Wolfe Research from $477.00 to $576.00 in a report released on Friday,MarketScreener reports. The brokerage currently has an “outperform” rating on the construction company’s stock. Wolfe Research’s target price suggests a potential upside of 4.24% from the company’s current price.

Other equities analysts also recently issued research reports about the company. Roth Mkm reiterated a “buy” rating and set a $600.00 price target on shares of Quanta Services in a research report on Friday. Truist Financial reaffirmed a “buy” rating and set a $643.00 target price (up from $548.00) on shares of Quanta Services in a research note on Friday. Citigroup lifted their price target on shares of Quanta Services from $540.00 to $640.00 and gave the company a “buy” rating in a research note on Friday. The Goldman Sachs Group set a $495.00 price target on shares of Quanta Services in a report on Monday, November 24th. Finally, Robert W. Baird increased their price objective on shares of Quanta Services from $490.00 to $606.00 and gave the company an “outperform” rating in a report on Friday. Sixteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $537.05.

Quanta Services Stock Performance

PWR opened at $552.59 on Friday. The firm has a fifty day moving average price of $464.58 and a 200 day moving average price of $434.03. Quanta Services has a 1 year low of $227.08 and a 1 year high of $565.93. The stock has a market cap of $82.40 billion, a P/E ratio of 81.26, a P/E/G ratio of 2.68 and a beta of 1.15. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.14 and a quick ratio of 1.30.

Quanta Services (NYSE:PWR) last released its quarterly earnings results on Thursday, February 19th. The construction company reported $3.16 EPS for the quarter, beating the consensus estimate of $3.02 by $0.14. The company had revenue of $7.84 billion for the quarter, compared to analyst estimates of $7.38 billion. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. The firm’s revenue was up 19.7% on a year-over-year basis. During the same quarter last year, the business earned $2.94 earnings per share. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. Equities research analysts anticipate that Quanta Services will post 9.34 earnings per share for the current year.

Institutional Trading of Quanta Services

A number of hedge funds have recently bought and sold shares of PWR. Cedar Mountain Advisors LLC increased its stake in Quanta Services by 321.4% during the fourth quarter. Cedar Mountain Advisors LLC now owns 59 shares of the construction company’s stock worth $25,000 after acquiring an additional 45 shares during the last quarter. Darwin Wealth Management LLC purchased a new position in shares of Quanta Services during the 2nd quarter worth $26,000. Activest Wealth Management increased its position in shares of Quanta Services by 94.1% during the 3rd quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock worth $27,000 after purchasing an additional 32 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new stake in Quanta Services in the 4th quarter valued at about $28,000. Finally, Solstein Capital LLC lifted its position in Quanta Services by 185.7% in the second quarter. Solstein Capital LLC now owns 80 shares of the construction company’s stock valued at $30,000 after buying an additional 52 shares during the last quarter. Institutional investors and hedge funds own 90.49% of the company’s stock.

Quanta Services News Summary

Here are the key news stories impacting Quanta Services this week:

• Positive Sentiment: Q4 beat and record backlog — Quanta posted Q4 revenue of $7.84B and adjusted EPS of $3.16 (above estimates), with year-end total backlog near $44B, strengthening revenue visibility. Read More.
• Positive Sentiment: Strong FY2026 guidance — management set adjusted EPS of $12.65–$13.35 and revenue of ~$33.25–$33.75B, well above consensus, signaling double‑digit growth expectations that underpin valuation re-rating. Read More.
• Positive Sentiment: Analysts raising targets — UBS boosted its PT to $646 (buy) and Truist raised its PT to $643, reflecting upgraded earnings/valuation assumptions and creating further upside reference points for investors. Read More.
• Neutral Sentiment: Earnings call and analyst commentary — management emphasized accelerating electric-infrastructure demand and tuck-in acquisitions; call transcripts and summaries provide color on margin drivers and backlog composition. Read More.
• Negative Sentiment: Insider and institutional flows mixed — recent reporting shows notable insider sales and some large institutional position reductions alongside others adding shares; such flows can add volatility and signal portfolio rebalancing. Read More.

About Quanta Services

Quanta Services, Inc is a leading specialty contractor that provides comprehensive infrastructure solutions for the electric power, pipeline and energy, and communications markets. Headquartered in Houston, Texas, the company delivers engineering, procurement, construction, installation, maintenance and repair services that support the development, modernization and ongoing operation of critical energy and communications networks.

In the electric power sector, Quanta works on transmission and distribution systems, substation construction and grid modernization projects that include integration of renewable generation and energy storage.