UBS Group Increases Quanta Services (NYSE:PWR) Price Target to $900.00

Key Points

• UBS raised its price target on Quanta Services to $900 (from $646) and maintained a "buy" rating, implying roughly a 19% upside from the stock's recent price.
• Quanta beat quarterly expectations with $2.68 EPS vs. $2.04 estimated and revenue of $7.87 billion vs. $7.0 billion, reported 26.3% YoY revenue growth, and set FY2026 guidance of 13.55–14.25 EPS.
• Other brokers have also raised targets (Goldman, TD Cowen, Bank of America, etc.), the consensus is a "Moderate Buy" with an average target of $678, and institutional investors own about 90.5% of the stock.

Quanta Services (NYSE:PWR - Get Free Report) had its price objective hoisted by equities researchers at UBS Group from $646.00 to $900.00 in a report released on Monday,MarketScreener reports. The brokerage currently has a "buy" rating on the construction company's stock. UBS Group's price objective would indicate a potential upside of 19.34% from the stock's current price.

PWR has been the subject of several other research reports. The Goldman Sachs Group upped their target price on Quanta Services from $495.00 to $685.00 and gave the company a "buy" rating in a research note on Tuesday, February 24th. Roth Mkm raised their price target on shares of Quanta Services from $600.00 to $650.00 and gave the stock a "buy" rating in a research note on Monday, April 6th. Bank of America lifted their price target on shares of Quanta Services from $500.00 to $610.00 and gave the stock a "buy" rating in a report on Friday, February 20th. TD Cowen upped their price objective on shares of Quanta Services from $570.00 to $775.00 and gave the company a "buy" rating in a research note on Monday. Finally, Wolfe Research lifted their target price on shares of Quanta Services from $477.00 to $576.00 and gave the stock an "outperform" rating in a research note on Friday, February 20th. Eighteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $678.00.

Quanta Services Trading Up 1.6%

NYSE PWR opened at $754.17 on Monday. The firm's 50-day moving average is $578.99 and its two-hundred day moving average is $498.52. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.14 and a quick ratio of 1.09. Quanta Services has a 12 month low of $315.00 and a 12 month high of $750.04. The stock has a market capitalization of $113.17 billion, a P/E ratio of 103.33, a PEG ratio of 3.37 and a beta of 1.24.

Quanta Services (NYSE:PWR - Get Free Report) last posted 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 business had revenue of $7.87 billion during the quarter, compared to the consensus estimate of $7 billion. Quanta Services had a net margin of 3.67% and a return on equity of 18.64%. The company's quarterly revenue was up 26.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.78 earnings per share. 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 year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Lansforsakringar Fondforvaltning AB publ grew its stake in Quanta Services by 5.4% in the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 46,609 shares of the construction company's stock valued at $19,316,000 after buying an additional 2,375 shares during the last quarter. Chilton Capital Management LLC lifted its holdings in Quanta Services by 63.3% during the 3rd quarter. Chilton Capital Management LLC now owns 166,536 shares of the construction company's stock worth $69,016,000 after buying an additional 64,560 shares in the last quarter. Atria Investments Inc grew its holdings in Quanta Services by 20.4% during the 3rd quarter. Atria Investments Inc now owns 13,818 shares of the construction company's stock worth $5,727,000 after acquiring an additional 2,340 shares during the period. Westfield Capital Management Co. LP boosted its stake in Quanta Services by 44.4% during the 3rd quarter. Westfield Capital Management Co. LP now owns 245,506 shares of the construction company's stock worth $101,743,000 after acquiring an additional 75,449 shares during the last quarter. Finally, Yahav Achim Ve Achayot Provident Funds Management Co Ltd. bought a new position in shares of Quanta Services during the third quarter worth $1,752,000. 90.49% of the stock is owned by institutional investors and hedge funds.

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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