Quanta Services (NYSE:PWR) Sets New 12-Month High on Earnings Beat

Quanta Services, Inc. (NYSE:PWR)’s share price hit a new 52-week high on Thursday following a better than expected earnings announcement. The company traded as high as $545.00 and last traded at $531.81, with a volume of 149894 shares trading hands. The stock had previously closed at $519.31.

The construction company reported $3.16 EPS for the quarter, topping analysts’ consensus estimates of $3.00 by $0.16. Quanta Services had a net margin of 3.74% and a return on equity of 18.74%. The firm had revenue of $7.84 billion for the quarter, compared to the consensus estimate of $7.38 billion. During the same quarter in the previous year, the firm earned $2.94 earnings per share. The firm’s revenue was up 19.7% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS.

Key Headlines Impacting Quanta Services

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

• Positive Sentiment: Q4 beat — Adjusted EPS of $3.16 vs. consensus $3.00 and revenue of $7.84B (up ~19.7% YoY), signaling strong demand and execution. Quanta Services (PWR) Beats Q4 Earnings and Revenue Estimates
• Positive Sentiment: Raised FY‑2026 guidance — company now sees EPS $12.65–$13.35 (above consensus) and revenue ~$33.3B–$33.8B, implying double‑digit revenue growth and >20% EPS growth opportunity. QUANTA SERVICES REPORTS FOURTH QUARTER AND FULL-YEAR 2025 RESULTS
• Positive Sentiment: Record backlog and strong cash generation — year-end total backlog ~$44.0B and RPO ~$23.8B, plus robust free cash flow and adjusted EBITDA, supporting revenue visibility and capital flexibility. Quanta Services Posts Record 2025 Results, Backlog Surges
• Positive Sentiment: Investor narrative shifting toward electric-infrastructure and AI/data‑center exposure — analysts and headlines highlight Quanta as a beneficiary of grid buildout and data‑center demand, supporting multiple expansion expectations. This S&P 500 AI Data Center Play Eyes New Highs On Earnings; 20% Profit Growth Expected
• Neutral Sentiment: Analyst sentiment: the consensus rating is around “Moderate Buy,” reflecting broadly positive but measured broker views. Quanta Services, Inc. (NYSE:PWR) Given Average Rating of “Moderate Buy” by Brokerages
• Negative Sentiment: Execution risks remain — analysts warn margin pressure and project-timing variability can swing quarterly results despite strong backlog; investors should watch margin trends and backlog conversion. Quanta is Set to Report Q4 Earnings: Here’s What Investors Must Know

Analyst Ratings Changes

PWR has been the topic of several research analyst reports. Stifel Nicolaus raised their target price on shares of Quanta Services from $495.00 to $517.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. Robert W. Baird set a $490.00 price objective on Quanta Services in a report on Friday, October 31st. Jefferies Financial Group reduced their target price on Quanta Services from $517.00 to $506.00 and set a “buy” rating on the stock in a report on Tuesday, January 13th. Evercore upped their price target on Quanta Services from $410.00 to $480.00 and gave the stock an “outperform” rating in a research note on Friday, October 31st. Finally, JPMorgan Chase & Co. upgraded Quanta Services from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $457.00 to $515.00 in a report on Monday, December 8th. Thirteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Quanta Services presently has an average rating of “Moderate Buy” and a consensus price target of $464.15.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Quanta Services by 2.2% during the third quarter. Vanguard Group Inc. now owns 18,143,619 shares of the construction company’s stock worth $7,519,079,000 after buying an additional 386,937 shares in the last quarter. JPMorgan Chase & Co. increased its position in Quanta Services by 0.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 6,821,962 shares of the construction company’s stock valued at $2,579,259,000 after acquiring an additional 49,334 shares in the last quarter. State Street Corp raised its position in Quanta Services by 2.1% in the 4th quarter. State Street Corp now owns 6,206,761 shares of the construction company’s stock worth $2,619,626,000 after purchasing an additional 126,014 shares during the last quarter. Geode Capital Management LLC raised its stake in Quanta Services by 2.8% during the 4th quarter. Geode Capital Management LLC now owns 4,086,544 shares of the construction company’s stock worth $1,718,371,000 after buying an additional 110,360 shares during the period. Finally, Bank of America Corp DE lifted its position in Quanta Services by 35.6% during the 3rd quarter. Bank of America Corp DE now owns 2,916,540 shares of the construction company’s stock worth $1,208,672,000 after buying an additional 765,822 shares in the last quarter. 90.49% of the stock is currently owned by institutional investors and hedge funds.

Quanta Services Price Performance

The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.30 and a current ratio of 1.34. The business has a fifty day moving average of $460.55 and a two-hundred day moving average of $431.77. The firm has a market capitalization of $81.27 billion, a price-to-earnings ratio of 80.74, a price-to-earnings-growth ratio of 2.54 and a beta of 1.15.

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.