Quanta Services (NYSE:PWR – Free Report) had its target price raised by Jefferies Financial Group from $654.00 to $857.00 in a research note released on Monday,MarketScreener reports. The brokerage currently has a buy rating on the construction company’s stock.
Other equities research analysts have also recently issued research reports about the company. Stifel Nicolaus set a $784.00 price objective on Quanta Services in a research note on Friday. Citigroup boosted their price objective on Quanta Services from $640.00 to $733.00 and gave the company a “buy” rating in a research note on Monday, April 27th. JPMorgan Chase & Co. boosted their price objective on Quanta Services from $627.00 to $805.00 and gave the company an “overweight” rating in a research note on Friday. Bank of America boosted their price objective on Quanta Services from $500.00 to $610.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Finally, Cantor Fitzgerald boosted their price objective on Quanta Services from $520.00 to $630.00 and gave the company an “overweight” rating in a research note on Friday, February 20th. Eighteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $695.73.
View Our Latest Analysis on PWR
Quanta Services Stock Up 1.4%
Quanta Services (NYSE:PWR – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The construction company reported $2.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.64. The firm had revenue of $7.87 billion during the quarter, compared to the consensus estimate of $7 billion. Quanta Services had a return on equity of 18.64% and a net margin of 3.67%.The firm’s quarterly revenue was up 26.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.78 earnings per share. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. As a group, analysts forecast that Quanta Services will post 11.97 EPS for the current fiscal year.
Quanta Services Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd were given a $0.11 dividend. The ex-dividend date was Thursday, April 2nd. This represents a $0.44 annualized dividend and a yield of 0.1%. Quanta Services’s dividend payout ratio is presently 6.04%.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the business. Cedar Mountain Advisors LLC raised its position 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. Activest Wealth Management raised its position in Quanta Services by 94.1% in the third quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock worth $27,000 after acquiring an additional 32 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new position in Quanta Services in the fourth quarter worth $28,000. Darwin Wealth Management LLC purchased a new position in Quanta Services in the second quarter worth $26,000. Finally, MV Capital Management Inc. purchased a new position in shares of Quanta Services in the fourth quarter valued at $30,000. Hedge funds and other institutional investors own 90.49% of the company’s stock.
Trending Headlines about Quanta Services
Here are the key news stories impacting Quanta Services this week:
- Positive Sentiment: Multiple analyst price‑target increases and reiterated buy ratings — UBS raised its target to $900 and kept a buy rating, Goldman Sachs raised to $826 (buy), and TD Cowen boosted its target to $775 — signaling stronger sell‑side conviction. UBS Price Target Goldman Price Target TD Cowen Forecast
- Positive Sentiment: Quarterly results and commentary continue to look strong — Q1 revenue and EPS outperformed consensus and management gave robust FY guidance, which underpins the analyst upgrades. Earnings Coverage
- Positive Sentiment: Secular demand tailwind from AI/data‑center buildouts boosting electricity and grid work — analysts and commentators are highlighting Quanta as a key beneficiary of the accelerating data‑center and electrification projects. AI Data Center Demand
- Positive Sentiment: High-profile endorsements and coverage (Jim Cramer, Motley Fool pieces) are raising retail and institutional visibility for Quanta’s long‑term growth story. Cramer Mention Motley Fool
- Neutral Sentiment: Consensus analyst rating remains around “Moderate Buy,” reflecting broad support but not unanimous enthusiasm — the upgrades tighten conviction but consensus is not unanimous. Consensus Rating
- Negative Sentiment: Valuation and positioning risks — PWR trades at a high P/E (~104) and is near its 12‑month high, so upside may be limited absent continued earnings acceleration; investors should weigh the premium vs. execution risk and cyclical project timing.
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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