Quanta Services, Inc. (NYSE:PWR) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Analyst consensus: Quanta Services has a consensus rating of "Moderate Buy" from 25 brokers (18 buy, 7 hold) with an average 12‑month price target of about $650.73, and several firms have hiked targets into the ~$775–$805 range (e.g., BMO, Evercore, JPMorgan).
• Quarterly beat and stronger guidance: Q1 results topped estimates (revenue $7.87B vs. $7.0B; EPS $2.68 vs. $2.04) and management raised FY‑2026 guidance to $13.55–$14.25 EPS and roughly $34.7–$35.2B in revenue.
• Big institutional buying: Major funds increased or initiated positions (Norges Bank ~$817M new position; Bank of America, Victory Capital, Corient, Sands among sizable buyers), and roughly 90.5% of the stock is held by institutions.

Shares of Quanta Services, Inc. (NYSE:PWR - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the twenty-five research firms that are covering the company, MarketBeat.com reports. Seven research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $650.7273.

Several research firms have recently weighed in on PWR. Wolfe Research raised their price objective on shares of Quanta Services from $477.00 to $576.00 and gave the company an "outperform" rating in a research report on Friday, February 20th. Sanford C. Bernstein raised their price objective on shares of Quanta Services from $515.00 to $538.00 in a research report on Wednesday, April 1st. BMO Capital Markets raised their price objective on shares of Quanta Services from $650.00 to $800.00 and gave the company an "outperform" rating in a research report on Friday. Stifel Nicolaus set a $784.00 price objective on shares of Quanta Services in a research report on Friday. Finally, Bank of America raised their price objective on shares of Quanta Services from $500.00 to $610.00 and gave the company a "buy" rating in a research report on Friday, February 20th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in PWR. Norges Bank acquired a new position in shares of Quanta Services in the fourth quarter worth about $817,285,000. Bank of America Corp DE boosted its holdings in shares of Quanta Services by 35.6% in the third quarter. Bank of America Corp DE now owns 2,916,540 shares of the construction company's stock worth $1,208,672,000 after buying an additional 765,822 shares during the period. Victory Capital Management Inc. boosted its holdings in shares of Quanta Services by 35.2% in the fourth quarter. Victory Capital Management Inc. now owns 2,915,440 shares of the construction company's stock worth $1,230,493,000 after buying an additional 758,862 shares during the period. Corient Private Wealth LLC boosted its holdings in shares of Quanta Services by 137.6% in the fourth quarter. Corient Private Wealth LLC now owns 1,151,650 shares of the construction company's stock worth $486,065,000 after buying an additional 667,050 shares during the period. Finally, Sands Capital Management LLC acquired a new position in shares of Quanta Services in the fourth quarter worth about $243,485,000. 90.49% of the stock is currently owned by institutional investors and hedge funds.

Quanta Services Stock Performance

Shares of PWR opened at $741.44 on Monday. The firm has a 50-day moving average price of $578.99 and a 200 day moving average price of $498.52. The firm has a market capitalization of $111.26 billion, a PE ratio of 101.71, a P/E/G ratio of 3.37 and a beta of 1.24. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.57. Quanta Services has a 52-week low of $315.00 and a 52-week high of $742.33.

Quanta Services (NYSE:PWR - Get Free Report) last announced its earnings results on Thursday, April 30th. The construction company reported $2.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.04 by $0.64. Quanta Services had a net margin of 3.67% and a return on equity of 18.64%. The firm had revenue of $7.87 billion during the quarter, compared to analyst estimates of $7 billion. During the same quarter in the prior year, the firm posted $1.78 EPS. Quanta Services's revenue was up 26.3% compared to the same quarter last year. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. On average, sell-side analysts anticipate that Quanta Services will post 11.97 earnings per share for the current fiscal year.

Quanta Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Thursday, April 2nd were given a dividend of $0.11 per share. The ex-dividend date was Thursday, April 2nd. This represents a $0.44 annualized dividend and a dividend yield of 0.1%. Quanta Services's dividend payout ratio (DPR) is 6.47%.

Trending Headlines about Quanta Services

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

• Positive Sentiment: Record Q1 results and guidance lift — Quanta reported $7.87B revenue and adjusted EPS $2.68 (well above estimates), disclosed record backlog/RPO and raised FY‑2026 guidance to $13.55–$14.25 EPS and ~$34.7–$35.2B revenue; this operational beat and higher outlook underpin the rally. PR Newswire: Q1 Results
• Positive Sentiment: Top-line and execution coverage — multiple outlets highlight the EPS/revenue beat and raised outlook, signaling broad market recognition of stronger infrastructure demand and margin improvement. Zacks: Q1 Earnings Top Estimates
• Positive Sentiment: Major broker upgrades/target hikes — Several firms raised price targets and kept/added outperform/overweight ratings (BMO to $800, Evercore to $800, JPMorgan to $805, Robert W. Baird to $777). These increases endorse the company’s growth trajectory and likely attract additional demand for the stock. MarketScreener: BMO MarketScreener: Evercore MarketScreener: JPMorgan
• Neutral Sentiment: Market commentary and transcript coverage — Coverage from The Motley Fool, Seeking Alpha and other outlets explains the rally and details from the earnings call; useful for context but less likely to move price than hard results or broker actions. Fool: Why Quanta Is Powering Higher Seeking Alpha: Q1 Call Transcript
• Negative Sentiment: One dissenting analyst view — Mizuho raised its target to $693 but kept a neutral rating; that PT sits below the current share price and could temper gains if investors focus on that lower valuation. MarketScreener: Mizuho

Quanta Services Company Profile

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.

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