UBS Group Issues Positive Forecast for Quanta Services (NYSE:PWR) Stock Price

Quanta Services (NYSE:PWR) had its target price increased by UBS Group from $518.00 to $646.00 in a report published on Friday morning, Marketbeat Ratings reports. UBS Group currently has a buy rating on the construction company’s stock.

PWR has been the subject of a number of other reports. Evercore restated an “outperform” rating and set a $604.00 price objective on shares of Quanta Services in a research note on Friday. DA Davidson raised their price target on shares of Quanta Services from $450.00 to $575.00 and gave the company a “neutral” rating in a report on Friday. Citigroup boosted their price objective on shares of Quanta Services from $540.00 to $640.00 and gave the stock a “buy” rating in a research note on Friday. Robert W. Baird increased their target price on shares of Quanta Services from $490.00 to $606.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Roth Mkm reaffirmed a “buy” rating and issued a $600.00 price target on shares of Quanta Services in a report on Friday. Fourteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Quanta Services has an average rating of “Moderate Buy” and an average target price of $525.85.

Quanta Services Stock Down 0.3%

NYSE:PWR opened at $552.59 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.14 and a quick ratio of 1.30. Quanta Services has a 1-year low of $227.08 and a 1-year high of $565.93. The company has a 50-day moving average of $464.58 and a 200 day moving average of $433.72. The firm has a market cap of $82.40 billion, a PE ratio of 81.26, a price-to-earnings-growth ratio of 2.68 and a beta of 1.15.

Quanta Services (NYSE:PWR) last posted its quarterly earnings results on Thursday, February 19th. The construction company reported $3.16 EPS for the quarter, beating the consensus estimate of $3.02 by $0.14. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. The business had revenue of $7.84 billion during the quarter, compared to analyst estimates of $7.38 billion. During the same quarter in the previous year, the business posted $2.94 EPS. The company’s quarterly revenue was up 19.7% compared to the same quarter last year. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS. As a group, research analysts anticipate that Quanta Services will post 9.34 EPS for the current fiscal year.

Institutional Trading of Quanta Services

Several large investors have recently added to or reduced their stakes in the company. Mediolanum International Funds Ltd grew its position in shares of Quanta Services by 15.5% in the second quarter. Mediolanum International Funds Ltd now owns 33,158 shares of the construction company’s stock valued at $12,642,000 after purchasing an additional 4,451 shares in the last quarter. Calamos Advisors LLC grew its holdings in Quanta Services by 17.1% in the 3rd quarter. Calamos Advisors LLC now owns 105,401 shares of the construction company’s stock valued at $43,680,000 after buying an additional 15,388 shares in the last quarter. Chilton Capital Management LLC increased its stake in shares of Quanta Services by 63.3% in the 3rd quarter. Chilton Capital Management LLC now owns 166,536 shares of the construction company’s stock worth $69,016,000 after acquiring an additional 64,560 shares during the last quarter. Exchange Traded Concepts LLC boosted its position in shares of Quanta Services by 59.9% during the 3rd quarter. Exchange Traded Concepts LLC now owns 44,392 shares of the construction company’s stock valued at $18,397,000 after acquiring an additional 16,637 shares during the last quarter. Finally, Yahav Achim Ve Achayot Provident Funds Management Co Ltd. purchased a new stake in shares of Quanta Services in the third quarter valued at about $1,752,000. Hedge funds and other institutional investors own 90.49% of the company’s stock.

Key Headlines Impacting Quanta Services

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

• Positive Sentiment: Q4 beat and record backlog — Quanta posted Q4 revenue of $7.84B and adjusted EPS of $3.16 (above estimates), with year-end total backlog near $44B, strengthening revenue visibility. Read More.
• Positive Sentiment: Strong FY2026 guidance — management set adjusted EPS of $12.65–$13.35 and revenue of ~$33.25–$33.75B, well above consensus, signaling double‑digit growth expectations that underpin valuation re-rating. Read More.
• Positive Sentiment: Analysts raising targets — UBS boosted its PT to $646 (buy) and Truist raised its PT to $643, reflecting upgraded earnings/valuation assumptions and creating further upside reference points for investors. Read More.
• Neutral Sentiment: Earnings call and analyst commentary — management emphasized accelerating electric-infrastructure demand and tuck-in acquisitions; call transcripts and summaries provide color on margin drivers and backlog composition. Read More.
• Negative Sentiment: Insider and institutional flows mixed — recent reporting shows notable insider sales and some large institutional position reductions alongside others adding shares; such flows can add volatility and signal portfolio rebalancing. Read More.

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.