Q2 Earnings Forecast for Quanta Services Issued By KeyCorp

Quanta Services, Inc. (NYSE:PWR) – Equities research analysts at KeyCorp issued their Q2 2026 earnings estimates for shares of Quanta Services in a research report issued to clients and investors on Tuesday, April 14th. KeyCorp analyst S. Jain forecasts that the construction company will earn $2.72 per share for the quarter. The consensus estimate for Quanta Services’ current full-year earnings is $11.94 per share. KeyCorp also issued estimates for Quanta Services’ FY2026 earnings at $11.87 EPS.

Quanta Services (NYSE:PWR) last released its quarterly earnings data on Thursday, February 19th. The construction company reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $3.02 by $0.14. The company had revenue of $7.84 billion during the quarter, compared to the consensus estimate of $7.38 billion. Quanta Services had a net margin of 3.61% and a return on equity of 18.10%. Quanta Services’s quarterly revenue was up 19.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.94 EPS. Quanta Services has set its FY 2026 guidance at 12.650-13.350 EPS.

Other analysts also recently issued research reports about the stock. BMO Capital Markets upgraded shares of Quanta Services from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $600.00 to $650.00 in a report on Friday, March 27th. JPMorgan Chase & Co. raised their price target on shares of Quanta Services from $515.00 to $627.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. B. Riley Financial increased their price objective on Quanta Services from $450.00 to $565.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Robert W. Baird increased their price objective on Quanta Services from $490.00 to $606.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Finally, UBS Group increased their price objective on Quanta Services from $518.00 to $646.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Eighteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, Quanta Services presently has a consensus rating of “Moderate Buy” and a consensus target price of $599.00.

Quanta Services Stock Up 0.2%

PWR stock opened at $606.31 on Monday. The company has a market cap of $90.98 billion, a price-to-earnings ratio of 89.16, a PEG ratio of 2.75 and a beta of 1.10. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.58. Quanta Services has a 12 month low of $254.98 and a 12 month high of $611.64. The firm has a 50-day moving average of $562.74 and a two-hundred day moving average of $488.01.

Hedge Funds Weigh In On Quanta Services

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PWR. Lansforsakringar Fondforvaltning AB publ raised its position in shares of Quanta Services by 5.4% in the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 46,609 shares of the construction company’s stock valued at $19,316,000 after acquiring an additional 2,375 shares during the period. Calamos Advisors LLC raised its position in shares of 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 acquiring an additional 15,388 shares during the period. Chilton Capital Management LLC raised its position 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 valued at $69,016,000 after acquiring an additional 64,560 shares during the period. Exchange Traded Concepts LLC raised its position in shares of Quanta Services by 59.9% in 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 period. Finally, Atria Investments Inc raised its position in shares of Quanta Services by 20.4% in the 3rd quarter. Atria Investments Inc now owns 13,818 shares of the construction company’s stock valued at $5,727,000 after acquiring an additional 2,340 shares during the period. Hedge funds and other institutional investors own 90.49% of the company’s stock.

Quanta Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 2nd were given a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, April 2nd. Quanta Services’s dividend payout ratio (DPR) is currently 6.47%.

Key Quanta Services News

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

• Positive Sentiment: Truist raised its price target on PWR from $643 to $713 and maintained a Buy, signaling roughly ~18% upside from recent levels and providing an analyst-led catalyst for the stock. Truist raises price target (Benzinga) Truist raises price target (The Fly)
• Positive Sentiment: Zacks highlights PWR as a strong momentum stock, pointing to favorable style scores that may attract momentum-focused flows and help sustain the recent rally. Here’s Why Quanta Services (PWR) is a Strong Momentum Stock
• Positive Sentiment: Zacks and other coverage note Quanta’s history of beating estimates and say the company has the setup to beat again in the next report — reinforcing investor expectations after the recent quarterly beat and raised FY26 guidance. Will Quanta Services (PWR) Beat Estimates Again
• Positive Sentiment: An earnings preview from Barchart flags an expected double-digit rise in Q1 profit, supporting the market’s upbeat stance ahead of results and helping justify current multiples. Quanta Services Earnings Preview: What to Expect
• Positive Sentiment: InsiderMonkey/Carillon commentary highlights Quanta’s solid execution in Q1, noting operational strength within mid-cap infrastructure peers — a signal that fundamentals are supporting the share move. Quanta Services (PWR) Gains from Solid Execution
• Neutral Sentiment: EMCOR vs. Quanta comparative pieces evaluate which infrastructure name is the better buy amid a multi-year capex cycle; useful for relative-value investors but not an immediate stock-specific catalyst. EMCOR vs. Quanta: Which Infrastructure Stock is the Better Buy Now?
• Neutral Sentiment: KeyCorp coverage and other analyst notes are monitoring Q2 outlook and guidance sensitivity; these updates keep attention on forward guidance but so far are informational rather than negative. KeyCorp Weighs in on Quanta Services’ Q2 Earnings (NYSE:PWR)

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.