Quanta Services’ (PWR) Neutral Rating Reiterated at JPMorgan Chase & Co.

Posted by Stanley Muller on Jul 21st, 2026

Quanta Services (NYSE:PWR – Get Free Report)‘s stock had its “neutral” rating reaffirmed by research analysts at JPMorgan Chase & Co. in a report issued on Tuesday,Benzinga reports. They currently have a $714.00 price target on the construction company’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 12.54% from the stock’s previous close.

A number of other equities analysts have also recently commented on PWR. Evercore lifted their target price on shares of Quanta Services from $635.00 to $800.00 and gave the company an “outperform” rating in a report on Friday, May 1st. Wall Street Zen raised shares of Quanta Services from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Cantor Fitzgerald lifted their price objective on shares of Quanta Services from $630.00 to $901.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Stifel Nicolaus set a $784.00 target price on shares of Quanta Services in a report on Friday, May 1st. Finally, BNP Paribas Exane started coverage on Quanta Services in a report on Tuesday, April 14th. They set a “neutral” rating on the stock. Eighteen analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $745.55.

Check Out Our Latest Report on Quanta Services

Quanta Services Stock Performance

Shares of NYSE PWR traded up $1.88 during trading hours on Tuesday, reaching $634.44. The stock had a trading volume of 120,055 shares, compared to its average volume of 1,163,672. The firm has a 50-day moving average of $700.55 and a 200-day moving average of $600.86. The firm has a market cap of $95.20 billion, a price-to-earnings ratio of 87.07, a PEG ratio of 2.47 and a beta of 1.21. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.57. Quanta Services has a fifty-two week low of $363.01 and a fifty-two week high of $788.75.

Quanta Services (NYSE:PWR – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The construction company reported $2.68 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.64. The company had revenue of $7.87 billion during the quarter, compared to analysts’ expectations of $7 billion. Quanta Services had a return on equity of 18.64% and a net margin of 3.67%.The firm’s revenue for the quarter was up 26.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.78 earnings per share. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. Equities research analysts predict that Quanta Services will post 12.8 earnings per share for the current year.

Quanta Services announced that its board has approved a stock repurchase plan on Friday, May 22nd that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the construction company to repurchase up to 0.9% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling

In related news, CAO Paul Nobel sold 4,000 shares of Quanta Services stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $756.98, for a total value of $3,027,920.00. Following the sale, the chief accounting officer directly owned 8,080 shares in the company, valued at $6,116,398.40. The trade was a 33.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Earl C. Jr. Austin sold 25,992 shares of the company’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $770.71, for a total value of $20,032,294.32. Following the transaction, the chief executive officer directly owned 16,508 shares in the company, valued at $12,722,880.68. This represents a 61.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 159,992 shares of company stock worth $123,244,714. Company insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On Quanta Services

A number of large investors have recently made changes to their positions in PWR. Cedar Mountain Advisors LLC boosted its holdings 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 buying an additional 45 shares in the last quarter. Darwin Wealth Management LLC purchased a new position in Quanta Services in the second quarter valued at about $26,000. Boreal Capital Management LLC acquired a new stake in shares of Quanta Services during the 1st quarter valued at approximately $27,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Quanta Services during the 4th quarter worth approximately $28,000. Finally, MV Capital Management Inc. purchased a new stake in shares of Quanta Services during the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 90.49% of the company’s stock.

About Quanta Services

(Get Free Report)

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.