Quanta Services (NYSE:PWR) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

Quanta Services (NYSE:PWR) had its price objective boosted by research analysts at BMO Capital Markets from $650.00 to $800.00 in a research note issued on Friday,MarketScreener reports. The brokerage presently has an “outperform” rating on the construction company’s stock. BMO Capital Markets’ price target would indicate a potential upside of 7.90% from the stock’s current price.

Several other equities analysts have also recently issued reports on the company. The Goldman Sachs Group boosted their target price on Quanta Services from $495.00 to $685.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Quanta Services in a research report on Friday, April 10th. Mizuho upped their price target on Quanta Services from $580.00 to $693.00 and gave the stock a “neutral” rating in a report on Friday. DA Davidson raised their price objective on Quanta Services from $450.00 to $575.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Finally, B. Riley Financial boosted their target price on Quanta Services from $450.00 to $565.00 and gave the stock a “neutral” 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 company’s stock. According to MarketBeat, Quanta Services has a consensus rating of “Moderate Buy” and an average price target of $650.73.

Quanta Services Stock Performance

NYSE PWR opened at $741.44 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.57. The business’s 50 day moving average is $578.99 and its two-hundred day moving average is $498.07. Quanta Services has a 12-month low of $315.00 and a 12-month high of $742.33. The stock has a market capitalization of $111.26 billion, a price-to-earnings ratio of 101.71, a PEG ratio of 3.37 and a beta of 1.24.

Quanta Services (NYSE:PWR) last released its earnings results on Thursday, April 30th. The construction company reported $2.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.64. Quanta Services had a return on equity of 18.64% and a net margin of 3.67%.The company had revenue of $7.87 billion for the quarter, compared to analysts’ expectations of $7 billion. During the same quarter in the previous year, the firm posted $1.78 EPS. The firm’s quarterly revenue was up 26.3% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. Research analysts expect that Quanta Services will post 11.97 EPS for the current year.

Institutional Investors Weigh In On Quanta Services

A number of institutional investors and hedge funds have recently bought and sold shares of PWR. Brighton Jones LLC purchased a new stake in Quanta Services in the 4th quarter valued at approximately $298,000. Woodline Partners LP lifted its stake in Quanta Services by 40.7% in the 1st quarter. Woodline Partners LP now owns 12,471 shares of the construction company’s stock valued at $3,170,000 after buying an additional 3,606 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in Quanta Services in the 2nd quarter valued at approximately $4,632,000. Marshall Wace LLP purchased a new stake in Quanta Services in the 2nd quarter valued at approximately $996,000. Finally, StoneX Group Inc. purchased a new stake in Quanta Services in the 2nd quarter valued at approximately $204,000. Hedge funds and other institutional investors own 90.49% of the company’s stock.

More Quanta Services News

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

• Positive Sentiment: Record Q1 results and guidance lift — Quanta reported $7.87B revenue and adjusted EPS $2.68 (well above estimates), disclosed record backlog/RPO and raised FY‑2026 guidance to $13.55–$14.25 EPS and ~$34.7–$35.2B revenue; this operational beat and higher outlook underpin the rally. PR Newswire: Q1 Results
• Positive Sentiment: Top-line and execution coverage — multiple outlets highlight the EPS/revenue beat and raised outlook, signaling broad market recognition of stronger infrastructure demand and margin improvement. Zacks: Q1 Earnings Top Estimates
• Positive Sentiment: Major broker upgrades/target hikes — Several firms raised price targets and kept/added outperform/overweight ratings (BMO to $800, Evercore to $800, JPMorgan to $805, Robert W. Baird to $777). These increases endorse the company’s growth trajectory and likely attract additional demand for the stock. MarketScreener: BMO MarketScreener: Evercore MarketScreener: JPMorgan
• Neutral Sentiment: Market commentary and transcript coverage — Coverage from The Motley Fool, Seeking Alpha and other outlets explains the rally and details from the earnings call; useful for context but less likely to move price than hard results or broker actions. Fool: Why Quanta Is Powering Higher Seeking Alpha: Q1 Call Transcript
• Negative Sentiment: One dissenting analyst view — Mizuho raised its target to $693 but kept a neutral rating; that PT sits below the current share price and could temper gains if investors focus on that lower valuation. MarketScreener: Mizuho

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.