Quanta Services, Inc. (NYSE:PWR) Stock Has Consensus Target Price of $761.24 According to Brokerages

Posted by Brenda Bartman on Oct 31st, 2026

Quanta Services, Inc. (NYSE:PWR – Get Free Report) has earned a consensus rating of “Moderate Buy” from the thirty-three analysts that are presently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and twenty-three have given a buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $766.62.

Several equities analysts recently issued reports on the company. Weiss Ratings upgraded Quanta Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, October 13th. Wall Street Zen lowered shares of Quanta Services from a “buy” rating to a “hold” rating in a research note on Saturday, September 12th. TD Cowen increased their target price on shares of Quanta Services from $785.00 to $830.00 and gave the stock a “buy” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft cut shares of Quanta Services to a “sell” rating in a research note on Friday, July 31st. Finally, Jefferies Financial Group restated a “buy” rating and issued a $833.00 target price on shares of Quanta Services in a report on Thursday, August 13th.

Check Out Our Latest Analysis on Quanta Services

Quanta Services Trading Down 2.3%

Shares of PWR stock opened at $620.50 on Monday. Quanta Services has a twelve month low of $408.36 and a twelve month high of $788.75. The company has a market capitalization of $93.29 billion, a price-to-earnings ratio of 56.20, a PEG ratio of 1.88 and a beta of 1.27. The firm has a 50-day moving average price of $632.80 and a 200 day moving average price of $623.16. The company has a current ratio of 1.16, a quick ratio of 1.05 and a debt-to-equity ratio of 0.60.

Quanta Services (NYSE:PWR – Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The construction company reported $6.06 EPS for the quarter, topping the consensus estimate of $5.02 by $1.04. The firm had revenue of $12.01 billion during the quarter, compared to analyst estimates of $11.03 billion. Quanta Services had a net margin of 4.51% and a return on equity of 23.56%. Quanta Services’s revenue for the quarter was up 57.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.33 earnings per share. Research analysts forecast that Quanta Services will post 15.36 earnings per share for the current fiscal year.

Quanta Services Dividend Announcement

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

Quanta Services News Summary

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

Positive Sentiment: Record results beat expectations. Quanta reported third-quarter revenue of $12.01 billion, up 57.4% year over year and above the $11.03 billion consensus estimate. Adjusted diluted EPS was $6.06, exceeding expectations of approximately $5.02-$5.03 and rising from $3.33 a year earlier. Quanta Services Reports Third Quarter 2026 Results
Positive Sentiment: Demand and visibility remain strong. Electric infrastructure activity helped drive results, while total backlog reached a record $63.7 billion and remaining performance obligations totaled $41.8 billion. Operating cash flow was $1.5 billion and free cash flow was $1.2 billion. PWR Q3 Earnings Beat on Electric Strength
Positive Sentiment: Management raised its 2026 outlook. The company now expects full-year revenue of $41.3 billion to $41.6 billion and diluted EPS of $12.57 to $12.97, reflecting confidence in continued infrastructure spending and execution.
Neutral Sentiment: Technical momentum is mixed. Reports noted that PWR broke above its 200-day moving average, a potentially bullish signal, although the share price has since moved back near that level. Technical traders may view the move as either a confirmation of long-term strength or a possible “sell-the-news” setup. Quanta Services Shares Break Above 200-Day Moving Average
Negative Sentiment: Valuation and insider selling may be limiting upside. PWR trades at roughly 71 times earnings, leaving the stock vulnerable to profit-taking even after the earnings beat. Separately, reported insider activity showed substantial selling and no insider purchases during the past six months, which may add to investor caution.

Institutional Trading of Quanta Services

Several hedge funds have recently modified their holdings of the company. Boreal Capital Management LLC acquired a new stake in Quanta Services in the first quarter valued at $27,000. Cornerstone Financial Management LLC lifted its position in Quanta Services by 70.4% during the second quarter. Cornerstone Financial Management LLC now owns 46 shares of the construction company’s stock worth $33,000 after purchasing an additional 19 shares during the period. JNBA Financial Advisors boosted its stake in shares of Quanta Services by 1,733.3% in the 2nd quarter. JNBA Financial Advisors now owns 55 shares of the construction company’s stock valued at $40,000 after purchasing an additional 52 shares in the last quarter. SJS Investment Consulting Inc. grew its holdings in shares of Quanta Services by 100.0% during the first quarter. SJS Investment Consulting Inc. now owns 82 shares of the construction company’s stock worth $45,000 after purchasing an additional 41 shares during the last quarter. Finally, SouthState Bank Corp increased its stake in shares of Quanta Services by 23.5% in the first quarter. SouthState Bank Corp now owns 84 shares of the construction company’s stock valued at $46,000 after buying an additional 16 shares during the period. Institutional investors and hedge funds own 90.49% of the company’s stock.

Quanta Services Company Profile

(Get Free Report)

Quanta Services, Inc is an infrastructure solutions provider headquartered in Houston, Texas. The company designs, installs, repairs, maintains and upgrades essential infrastructure for the electric power, communications, pipeline, industrial and energy industries.

Its services include electric transmission and distribution construction, substation and renewable-energy infrastructure, storm restoration, fiber-optic and wireless communications networks, natural gas and pipeline construction, and related engineering and maintenance work.