Quanta Services, Inc. (NYSE:PWR) Stock Has Average Price Target of $768.12 According to Brokerages

Quanta Services, Inc. (NYSE:PWR) has earned an average recommendation of “Moderate Buy” from the thirty-three ratings firms that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, seven have given a hold recommendation, twenty-two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $768.12.

A number of equities research analysts recently weighed in on PWR shares. TD Cowen raised their price objective on Quanta Services from $775.00 to $785.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Morgan Stanley downgraded shares of Quanta Services to an “underweight” rating in a report on Monday, August 3rd. JPMorgan Chase & Co. restated a “neutral” rating and issued a $714.00 price target on shares of Quanta Services in a report on Tuesday, July 21st. Raymond James Financial assumed coverage on shares of Quanta Services in a research note on Friday, July 31st. They set an “outperform” rating for the company. Finally, Cantor Fitzgerald started coverage on shares of Quanta Services in a research report on Friday, July 31st. They set an “outperform” rating for the company.

Key Quanta Services News

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

• Positive Sentiment: Strong data-center demand: Quanta is being positioned as a major beneficiary of the estimated $735 billion Big Tech investment in data centers. Its electrical-construction and power-infrastructure work gives it exposure to the growing need to generate, transmit, and connect electricity for artificial-intelligence facilities. Quanta Services posts record revenue as Big Tech pours $735 billion into data centers Big Tech Will Spend $735 Billion on Data Centers
• Positive Sentiment: Potential earnings beat: Zacks says Quanta has a strong earnings-surprise history and favorable estimate trends, supporting expectations for another quarterly earnings beat. Will Quanta Services Beat Estimates Again
• Positive Sentiment: Analyst support: Piper Sandler initiated or reiterated a Buy view on PWR, while the reported average analyst price target of $768.12 remains above the current trading level. Quanta Services Gets a Buy from Piper Sandler Quanta Services Stock Has Average Target Price of $768.12
• Positive Sentiment: Margin opportunity: Improving resource utilization and a more favorable mix of work could drive additional margin expansion in Quanta’s large Electric segment, potentially lifting overall earnings. Can Quanta’s Electric Business Drive Further Margin Expansion
• Neutral Sentiment: Analyst commentary compares PWR with GE Vernova as investors assess which power-infrastructure stock offers more upside from the AI-driven electricity buildout. GE Vernova vs. Quanta Services
• Negative Sentiment: Valuation and execution risk: Quanta’s growth platform and backlog are attractive, but its premium valuation means delays, cost overruns, or weaker-than-expected execution could pressure the stock. Quanta Services: A Powerful Growth Platform With Little Room for Execution Errors

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cedar Mountain Advisors LLC boosted its holdings 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 acquiring an additional 45 shares in the last quarter. Boreal Capital Management LLC acquired a new position in shares of Quanta Services during the first quarter valued at about $27,000. MV Capital Management Inc. purchased a new position in shares of Quanta Services in the 4th quarter valued at approximately $30,000. Cornerstone Financial Management LLC raised its position in shares of Quanta Services by 70.4% in the 2nd quarter. Cornerstone Financial Management LLC now owns 46 shares of the construction company’s stock valued at $33,000 after purchasing an additional 19 shares during the last quarter. Finally, Nemes Rush Group LLC acquired a new stake in Quanta Services in the 4th quarter worth approximately $34,000. 90.49% of the stock is currently owned by hedge funds and other institutional investors.

Quanta Services Stock Up 2.2%

Quanta Services stock opened at $677.11 on Thursday. The company has a quick ratio of 1.05, a current ratio of 1.10 and a debt-to-equity ratio of 0.56. The firm has a market cap of $101.80 billion, a P/E ratio of 77.56, a P/E/G ratio of 2.00 and a beta of 1.27. The business has a fifty day moving average of $643.17 and a two-hundred day moving average of $654.16. Quanta Services has a twelve month low of $404.51 and a twelve month high of $788.75.

Quanta Services (NYSE:PWR) last announced its quarterly earnings results on Thursday, July 30th. The construction company reported $4.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.31 by $0.93. The business had revenue of $9.56 billion for the quarter, compared to the consensus estimate of $8.61 billion. Quanta Services had a return on equity of 20.55% and a net margin of 4.03%.The business’s revenue was up 41.1% compared to the same quarter last year. During the same period last year, the business posted $2.48 EPS. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. On average, analysts forecast that Quanta Services will post 15.37 earnings per share for the current fiscal year.

Quanta Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Thursday, October 1st will be given a dividend of $0.11 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.1%. Quanta Services’s dividend payout ratio is presently 5.04%.

Quanta Services Company Profile

Quanta Services, Inc is an infrastructure solutions provider headquartered in Houston, Texas. The company delivers design, engineering, procurement, construction, repair and maintenance services for critical infrastructure across the electric power, energy and communications industries.

Quanta’s electric power operations support transmission and distribution networks, substations, renewable energy projects and related grid infrastructure. Its energy services include work on natural gas and other pipeline systems, utility infrastructure, industrial facilities and energy transition projects.