Quanta Services (NYSE:PWR – Get Free Report) is projected to announce its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of $3.31 per share and revenue of $8.6098 billion for the quarter. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. Individuals can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 9:00 AM ET.
Quanta Services (NYSE:PWR – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The construction company reported $2.68 EPS for the quarter, topping analysts’ consensus estimates of $2.04 by $0.64. The business 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%.Quanta Services’s quarterly revenue was up 26.3% on a year-over-year basis. During the same quarter last year, the company posted $1.78 earnings per share. On average, analysts expect Quanta Services to post $13 EPS for the current fiscal year and $15 EPS for the next fiscal year.
Quanta Services Price Performance
Shares of NYSE PWR opened at $619.98 on Tuesday. The company has a quick ratio of 1.09, a current ratio of 1.14 and a debt-to-equity ratio of 0.57. The business’s 50 day moving average price is $687.90 and its two-hundred day moving average price is $608.07. The company has a market cap of $93.03 billion, a PE ratio of 85.05, a price-to-earnings-growth ratio of 2.46 and a beta of 1.21. Quanta Services has a twelve month low of $363.01 and a twelve month high of $788.75.
Quanta Services Dividend Announcement
Quanta Services declared that its Board of Directors has approved a stock buyback program on Friday, May 22nd that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the construction company to repurchase up to 0.9% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its stock is undervalued.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on PWR shares. Truist Financial increased their price target on Quanta Services from $851.00 to $940.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. UBS Group lifted their price objective on shares of Quanta Services from $646.00 to $900.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Robert W. Baird increased their price objective on shares of Quanta Services from $606.00 to $777.00 and gave the company an “outperform” rating in a research report on Friday, May 1st. Wall Street Zen cut shares of Quanta Services from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, CICC Research assumed coverage on shares of Quanta Services in a report on Thursday, May 21st. They set an “outperform” rating and a $872.00 target price for the company. Seventeen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $745.55.
Check Out Our Latest Stock Analysis on Quanta Services
Insider Transactions at Quanta Services
In other Quanta Services news, CAO Paul Nobel sold 4,000 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $756.98, for a total transaction of $3,027,920.00. Following the transaction, the chief accounting officer owned 8,080 shares in the company, valued at $6,116,398.40. This represents a 33.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Earl C. Jr. Austin sold 130,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $770.65, for a total transaction of $100,184,500.00. Following the transaction, the chief executive officer directly owned 556,911 shares in the company, valued at $429,183,462.15. This represents a 18.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 159,992 shares of company stock worth $123,244,714. 0.60% of the stock is owned by insiders.
Institutional Investors Weigh In On Quanta Services
Large investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC acquired a new stake in shares of Quanta Services during the 4th quarter worth $298,000. Seven Mile Advisory acquired a new position in Quanta Services in the third quarter valued at about $206,000. Fayez Sarofim & Co bought a new stake in Quanta Services during the fourth quarter worth about $203,000. MUFG Securities EMEA plc acquired a new stake in Quanta Services during the second quarter worth about $166,000. Finally, Osterweis Capital Management Inc. bought a new position in Quanta Services in the 2nd quarter valued at about $113,000. Institutional investors and hedge funds own 90.49% of the company’s stock.
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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