Sanford C. Bernstein Boosts Quanta Services (NYSE:PWR) Price Target to $725.00

Key Points

• Sanford C. Bernstein raised its price target on Quanta Services to $725 from $538 but kept a "market perform" rating, which the firm says implies about a 5.32% downside from the prior close.
• Multiple major analysts also boosted targets—UBS to $900, Goldman Sachs to $826, Evercore to $800—leaving a consensus target around $695.73 and a consensus rating of "Moderate Buy" (18 Buys, 7 Holds).
• Quanta reported a strong quarter (Q1 EPS $2.68 vs. $2.04 expected; revenue $7.87B vs. $7B) and set FY2026 guidance of 13.55–14.25 EPS, but the stock trades at a high valuation (P/E ~104) and near its 12‑month high, posing valuation and execution risk.

Quanta Services (NYSE:PWR - Get Free Report) had its price objective lifted by equities researchers at Sanford C. Bernstein from $538.00 to $725.00 in a research note issued on Tuesday,MarketScreener reports. The firm currently has a "market perform" rating on the construction company's stock. Sanford C. Bernstein's price target points to a potential downside of 5.32% from the stock's previous close.

PWR has been the subject of several other reports. Bank of America increased their price objective on Quanta Services from $500.00 to $610.00 and gave the company a "buy" rating in a research report on Friday, February 20th. Mizuho raised their target price on Quanta Services from $580.00 to $693.00 and gave the stock a "neutral" rating in a research report on Friday. UBS Group raised their target price on Quanta Services from $646.00 to $900.00 and gave the stock a "buy" rating in a research report on Monday. The Goldman Sachs Group raised their target price on Quanta Services from $685.00 to $826.00 and gave the stock a "buy" rating in a research report on Monday. Finally, Evercore raised their target price on Quanta Services from $635.00 to $800.00 and gave the stock an "outperform" rating in a research report on Friday. Eighteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $695.73.

Quanta Services Stock Performance

Shares of PWR traded up $8.41 during mid-day trading on Tuesday, hitting $765.75. The company's stock had a trading volume of 223,465 shares, compared to its average volume of 1,095,150. Quanta Services has a one year low of $315.45 and a one year high of $775.06. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.09 and a current ratio of 1.14. The firm has a market capitalization of $114.91 billion, a PE ratio of 104.69, a price-to-earnings-growth ratio of 3.37 and a beta of 1.24. The stock's 50-day moving average is $578.99 and its two-hundred day moving average is $498.52.

Quanta Services (NYSE:PWR - Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The construction company reported $2.68 earnings per share for the quarter, beating the consensus estimate of $2.04 by $0.64. Quanta Services had a return on equity of 18.64% and a net margin of 3.67%.The company had revenue of $7.87 billion during the quarter, compared to analysts' expectations of $7 billion. During the same period in the prior year, the business earned $1.78 earnings per share. Quanta Services's revenue for the quarter 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. As a group, sell-side analysts anticipate that Quanta Services will post 11.97 EPS for the current year.

Institutional Trading of Quanta Services

A number of hedge funds and other institutional investors have recently made changes to their positions in PWR. Cedar Mountain Advisors LLC increased its stake in shares of Quanta Services by 321.4% in the fourth quarter. Cedar Mountain Advisors LLC now owns 59 shares of the construction company's stock valued at $25,000 after buying an additional 45 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of Quanta Services in the second quarter valued at $26,000. Activest Wealth Management increased its stake in shares of Quanta Services by 94.1% in the third quarter. Activest Wealth Management now owns 66 shares of the construction company's stock valued at $27,000 after buying an additional 32 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of Quanta Services in the fourth quarter valued at $28,000. Finally, Cornerstone Planning Group LLC increased its stake in shares of Quanta Services by 213.0% in the third quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company's stock valued at $30,000 after buying an additional 49 shares in the last quarter. 90.49% of the stock is currently owned by institutional investors and hedge funds.

Quanta Services News Summary

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

• Positive Sentiment: Multiple analyst price‑target increases and reiterated buy ratings — UBS raised its target to $900 and kept a buy rating, Goldman Sachs raised to $826 (buy), and TD Cowen boosted its target to $775 — signaling stronger sell‑side conviction. UBS Price Target Goldman Price Target TD Cowen Forecast
• Positive Sentiment: Quarterly results and commentary continue to look strong — Q1 revenue and EPS outperformed consensus and management gave robust FY guidance, which underpins the analyst upgrades. Earnings Coverage
• Positive Sentiment: Secular demand tailwind from AI/data‑center buildouts boosting electricity and grid work — analysts and commentators are highlighting Quanta as a key beneficiary of the accelerating data‑center and electrification projects. AI Data Center Demand
• Positive Sentiment: High-profile endorsements and coverage (Jim Cramer, Motley Fool pieces) are raising retail and institutional visibility for Quanta’s long‑term growth story. Cramer Mention Motley Fool
• Neutral Sentiment: Consensus analyst rating remains around “Moderate Buy,” reflecting broad support but not unanimous enthusiasm — the upgrades tighten conviction but consensus is not unanimous. Consensus Rating
• Negative Sentiment: Valuation and positioning risks — PWR trades at a high P/E (~104) and is near its 12‑month high, so upside may be limited absent continued earnings acceleration; investors should weigh the premium vs. execution risk and cyclical project timing.

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.

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