Quanta Services (NYSE:PWR) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded Quanta Services (PWR) from "hold" to "buy", joining multiple brokers in lifting ratings and targets; the consensus is a Moderate Buy with an average price target of $650.73 and 18 analysts rated Buy versus 7 Hold.
• Quanta delivered a strong Q1 beat — $2.68 adjusted EPS vs $2.04 expected and $7.87B revenue — and raised FY2026 guidance to $13.55–$14.25 EPS and roughly $34.7–$35.2B revenue, driven by record backlog/RPO.
• Shares have run to about $741 (12‑month high $742.33), valuing the company at roughly $111.3B with a P/E near 109, indicating strong momentum but an elevated valuation.

Quanta Services (NYSE:PWR - Get Free Report) was upgraded by Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Saturday.

Other research analysts also recently issued reports about the company. B. Riley Financial reaffirmed a "neutral" rating on shares of Quanta Services in a research report on Friday. UBS Group lifted their price target on Quanta Services from $518.00 to $646.00 and gave the stock a "buy" rating in a research report on Friday, February 20th. BMO Capital Markets lifted their price objective on Quanta Services from $650.00 to $800.00 and gave the stock an "outperform" rating in a report on Friday. Bank of America lifted their price objective on Quanta Services from $500.00 to $610.00 and gave the stock a "buy" rating in a report on Friday, February 20th. Finally, Roth Mkm lifted their price objective on Quanta Services from $600.00 to $650.00 and gave the stock a "buy" rating in a report on Monday, April 6th. Eighteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $650.73.

Quanta Services Stock Performance

Shares of NYSE PWR opened at $741.44 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.57. The business's 50 day moving average is $578.99 and its two-hundred day moving average is $497.61. The company has a market cap of $111.26 billion, a P/E ratio of 109.04, a P/E/G ratio of 3.30 and a beta of 1.24. Quanta Services has a 12 month low of $315.00 and a 12 month high of $742.33.

Quanta Services (NYSE:PWR - Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The construction company reported $2.68 EPS for the quarter, topping the consensus estimate of $2.04 by $0.64. The company had revenue of $7.87 billion for the quarter, compared to the consensus estimate of $7 billion. Quanta Services had a return on equity of 18.64% and a net margin of 3.67%.The company's revenue for the quarter was up 26.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.78 EPS. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. On average, equities analysts expect that Quanta Services will post 11.97 EPS for the current year.

Institutional Trading of Quanta Services

Several institutional investors have recently bought and sold shares of the stock. Cedar Mountain Advisors LLC boosted its stake in Quanta Services by 321.4% in the fourth quarter. Cedar Mountain Advisors LLC now owns 59 shares of the construction company's stock worth $25,000 after purchasing an additional 45 shares in the last quarter. Activest Wealth Management boosted its stake in Quanta Services by 94.1% in the third quarter. Activest Wealth Management now owns 66 shares of the construction company's stock worth $27,000 after purchasing an additional 32 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new position in Quanta Services in the fourth quarter worth $28,000. Darwin Wealth Management LLC acquired a new position in Quanta Services in the second quarter worth $26,000. Finally, MV Capital Management Inc. acquired a new position in Quanta Services in the fourth quarter worth $30,000. Institutional investors and hedge funds own 90.49% of the company's stock.

Key Quanta Services News

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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