Quanta Services (NYSE:PWR – Get Free Report) had its price target upped by research analysts at JPMorgan Chase & Co. from $515.00 to $627.00 in a research note issued to investors on Friday,MarketScreener reports. The brokerage presently has an “overweight” rating on the construction company’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 13.47% from the company’s previous close.
PWR has been the subject of several other reports. DA Davidson raised their price objective on Quanta Services from $450.00 to $575.00 and gave the company a “neutral” rating in a research note on Friday. Evercore restated an “outperform” rating and issued a $604.00 price target on shares of Quanta Services in a research report on Friday. The Goldman Sachs Group set a $495.00 price objective on shares of Quanta Services in a research report on Monday, November 24th. Sanford C. Bernstein raised their target price on shares of Quanta Services from $428.00 to $471.00 and gave the company a “market perform” rating in a report on Monday, February 9th. Finally, Argus set a $540.00 target price on shares of Quanta Services in a research report on Friday, October 31st. Sixteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Quanta Services currently has a consensus rating of “Moderate Buy” and an average target price of $537.05.
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Quanta Services Stock Performance
Quanta Services (NYSE:PWR – Get Free Report) last issued its earnings results on Thursday, February 19th. The construction company reported $3.16 earnings per share for the quarter, topping the consensus estimate of $3.02 by $0.14. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. The company had revenue of $7.84 billion for the quarter, compared to analyst estimates of $7.38 billion. During the same period in the prior year, the business posted $2.94 earnings per share. The firm’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. Analysts expect that Quanta Services will post 9.34 earnings per share for the current fiscal year.
Institutional Trading of Quanta Services
A number of hedge funds have recently added to or reduced their stakes in PWR. Cedar Mountain Advisors LLC increased its position in Quanta Services by 321.4% during 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 during the last quarter. Darwin Wealth Management LLC acquired a new position in shares of Quanta Services in the 2nd quarter valued at $26,000. Activest Wealth Management grew its stake in shares of Quanta Services by 94.1% during the 3rd quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock valued at $27,000 after buying an additional 32 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in shares of Quanta Services during the 4th quarter worth $28,000. Finally, Solstein Capital LLC raised its position in shares of Quanta Services by 185.7% in the 2nd quarter. Solstein Capital LLC now owns 80 shares of the construction company’s stock worth $30,000 after buying an additional 52 shares during the period. 90.49% of the stock is owned by institutional investors and hedge funds.
Key Stories Impacting Quanta Services
Here are the key news stories impacting Quanta Services this week:
- Positive Sentiment: Q4 beat and record backlog — Quanta posted Q4 revenue of $7.84B and adjusted EPS of $3.16 (above estimates), with year-end total backlog near $44B, strengthening revenue visibility. Read More.
- Positive Sentiment: Strong FY2026 guidance — management set adjusted EPS of $12.65–$13.35 and revenue of ~$33.25–$33.75B, well above consensus, signaling double‑digit growth expectations that underpin valuation re-rating. Read More.
- Positive Sentiment: Analysts raising targets — UBS boosted its PT to $646 (buy) and Truist raised its PT to $643, reflecting upgraded earnings/valuation assumptions and creating further upside reference points for investors. Read More.
- Neutral Sentiment: Earnings call and analyst commentary — management emphasized accelerating electric-infrastructure demand and tuck-in acquisitions; call transcripts and summaries provide color on margin drivers and backlog composition. Read More.
- Negative Sentiment: Insider and institutional flows mixed — recent reporting shows notable insider sales and some large institutional position reductions alongside others adding shares; such flows can add volatility and signal portfolio rebalancing. Read More.
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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