Quanta Services (NYSE:PWR) Releases FY 2026 Earnings Guidance

Quanta Services (NYSE:PWR) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 12.650-13.350 for the period, compared to the consensus estimate of 11.980. The company issued revenue guidance of $33.3 billion-$33.8 billion, compared to the consensus revenue estimate of $31.2 billion.

Analysts Set New Price Targets

Several research analysts recently issued reports on PWR shares. Sanford C. Bernstein upped their target price on Quanta Services from $428.00 to $471.00 and gave the company a “market perform” rating in a research report on Monday, February 9th. Robert W. Baird set a $606.00 price objective on shares of Quanta Services in a research report on Friday. Mizuho set a $415.00 target price on shares of Quanta Services in a research report on Tuesday, October 28th. Jefferies Financial Group decreased their price target on shares of Quanta Services from $517.00 to $506.00 and set a “buy” rating for the company in a report on Tuesday, January 13th. Finally, Stifel Nicolaus lifted their price objective on shares of Quanta Services from $495.00 to $517.00 and gave the stock a “buy” rating in a research note on Monday, January 26th. Thirteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $475.45.

Quanta Services Stock Performance

PWR opened at $553.15 on Friday. The firm has a fifty day moving average price of $462.27 and a 200 day moving average price of $432.61. Quanta Services has a 1 year low of $227.08 and a 1 year high of $554.64. The stock has a market cap of $82.49 billion, a P/E ratio of 81.95, a P/E/G ratio of 2.52 and a beta of 1.15. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.34 and a quick ratio of 1.30.

Quanta Services (NYSE:PWR) last released its quarterly earnings data on Thursday, February 19th. The construction company reported $3.16 earnings per share for the quarter, beating analysts’ consensus estimates of $3.02 by $0.14. Quanta Services had a net margin of 3.74% and a return on equity of 18.74%. The company had revenue of $7.84 billion during the quarter, compared to analysts’ expectations of $7.38 billion. During the same quarter in the previous year, the company earned $2.94 earnings per share. The firm’s revenue for the quarter was up 19.7% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. Equities research analysts anticipate that Quanta Services will post 9.34 earnings per share for the current year.

Trending Headlines about Quanta Services

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

• Positive Sentiment: Q4 results beat expectations: Revenue of $7.84B and adjusted EPS of $3.16 topped estimates, showing ~20% revenue growth year-over-year and solid margins — the core trigger for the rally. QUANTA SERVICES REPORTS FOURTH QUARTER AND FULL-YEAR 2025 RESULTS
• Positive Sentiment: High FY2026 guidance: Management raised full-year guidance to adjusted EPS $12.65–$13.35 and revenue roughly $33.25–$33.75B, both above consensus, implying double‑digit profit growth and giving investors clearer forward visibility. Quanta Q4 Earnings & Revenues Beat Estimates on Electric Strength
• Positive Sentiment: Record backlog and electric demand: Year-end total backlog (~$44.0B) and RPO metrics reached all‑time highs, driven by Electric Infrastructure Solutions — improving revenue visibility and supporting the higher guidance. Quanta Services jumps as Q4 results and 2026 outlook highlight record backlog and accelerating demand
• Positive Sentiment: Tuck‑in acquisitions expand capabilities: Management highlighted recent acquisitions (Tri‑City, Wilson, Billings) that bolster electrical infrastructure and utility program capacity — a strategic tailwind for the electric grid buildout theme. Quanta Services jumps as Q4 results and 2026 outlook highlight record backlog and accelerating demand
• Neutral Sentiment: Analyst sentiment mostly constructive: Multiple recent buy ratings and price targets cluster above current levels, supporting momentum, but analyst targets vary — investors should watch revisions. QuiverQuant coverage including analyst notes
• Neutral Sentiment: Macro narrative: Coverage highlights Quanta as an AI/data-center and grid-buildout play; positive long‑term demand drivers are priced in, so execution vs. elevated expectations matters. Quanta Services earnings in focus as grid buildout accelerates
• Negative Sentiment: Insider sales and institutional churn: Recent disclosures show multiple insider sales and large institutional position shifts (some big sellers), which could concern momentum traders or signal opportunistic selling. QuiverQuant insider & institutional activity
• Negative Sentiment: Valuation is rich: The shares trade at a high multiple (elevated P/E), so the stock is sensitive to execution risk and any guidance or margin misses. Quanta Services (PWR) Reports Q4 Earnings: What Key Metrics Have to Say

Institutional Trading of Quanta Services

A number of institutional investors and hedge funds have recently made changes to their positions in PWR. Brighton Jones LLC acquired a new stake in Quanta Services in the 4th quarter valued at $298,000. Woodline Partners LP lifted its holdings in Quanta Services by 40.7% during the first quarter. Woodline Partners LP now owns 12,471 shares of the construction company’s stock valued at $3,170,000 after purchasing an additional 3,606 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Quanta Services in the second quarter valued at about $4,632,000. Marshall Wace LLP purchased a new stake in shares of Quanta Services during the second quarter worth about $996,000. Finally, StoneX Group Inc. purchased a new position in Quanta Services in the 2nd quarter valued at about $204,000. 90.49% of the stock is currently owned by hedge funds and other institutional investors.

Quanta Services Company Profile

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.