Quanta Services (NYSE:PWR) Releases FY 2026 Earnings Guidance

Quanta Services (NYSE:PWRGet Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 12.650-13.350 for the period, compared to the consensus EPS estimate of 11.980. The company issued revenue guidance of $33.3 billion-$33.8 billion, compared to the consensus revenue estimate of $31.2 billion.

Quanta Services Stock Performance

Shares of PWR traded up $20.22 during midday trading on Thursday, reaching $539.53. 805,388 shares of the stock were exchanged, compared to its average volume of 1,081,793. The stock’s 50 day simple moving average is $460.55 and its 200 day simple moving average is $431.77. The company has a market cap of $80.45 billion, a P/E ratio of 79.93, a PEG ratio of 2.54 and a beta of 1.15. Quanta Services has a twelve month low of $227.08 and a twelve month high of $546.91. The company has a quick ratio of 1.30, a current ratio of 1.34 and a debt-to-equity ratio of 0.66.

Quanta Services (NYSE:PWRGet Free Report) last released its quarterly earnings results on Thursday, February 19th. The construction company reported $3.16 EPS for the quarter, topping analysts’ consensus estimates of $3.02 by $0.14. Quanta Services had a net margin of 3.74% and a return on equity of 18.74%. The business had revenue of $7.84 billion for the quarter, compared to analyst estimates of $7.38 billion. During the same period last year, the firm earned $2.94 earnings per share. Quanta Services’s revenue for the quarter was up 19.7% compared to the same quarter last year. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. On average, sell-side analysts expect that Quanta Services will post 9.34 earnings per share for the current year.

Analysts Set New Price Targets

PWR has been the subject of a number of analyst reports. Stifel Nicolaus lifted their price target on shares of Quanta Services from $495.00 to $517.00 and gave the company a “buy” rating in a research report on Monday, January 26th. Sanford C. Bernstein lifted their price objective on Quanta Services from $428.00 to $471.00 and gave the company a “market perform” rating in a report on Monday, February 9th. Argus set a $540.00 target price on Quanta Services in a report on Friday, October 31st. Mizuho set a $415.00 price target on Quanta Services in a research note on Tuesday, October 28th. Finally, Weiss Ratings upgraded shares of Quanta Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 12th. Thirteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $464.15.

View Our Latest Research Report on PWR

Quanta Services News Roundup

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

Hedge Funds Weigh In On Quanta Services

Institutional investors and hedge funds have recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new position in shares of Quanta Services in the 2nd quarter worth approximately $26,000. Meeder Asset Management Inc. lifted its holdings in Quanta Services by 221.7% in the fourth quarter. Meeder Asset Management Inc. now owns 74 shares of the construction company’s stock valued at $31,000 after buying an additional 51 shares during the period. Quarry LP acquired a new position in Quanta Services in the fourth quarter valued at $40,000. Kemnay Advisory Services Inc. acquired a new stake in Quanta Services during the 4th quarter worth about $44,000. Finally, JPL Wealth Management LLC bought a new position in shares of Quanta Services in the 3rd quarter worth about $49,000. Institutional investors and hedge funds own 90.49% of the company’s stock.

Quanta Services Company Profile

(Get Free Report)

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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Earnings History and Estimates for Quanta Services (NYSE:PWR)

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