Sanford C. Bernstein Boosts Quanta Services (NYSE:PWR) Price Target to $725.00

Quanta Services (NYSE:PWR) had its price target hoisted by equities research analysts at Sanford C. Bernstein from $538.00 to $725.00 in a research note issued to investors on Tuesday,MarketScreener reports. The brokerage currently has a “market perform” rating on the construction company’s stock. Sanford C. Bernstein’s price target would suggest a potential downside of 5.32% from the company’s current price.

Several other equities analysts have also recently issued reports on the company. Stifel Nicolaus set a $784.00 price target on Quanta Services in a report on Friday. BNP Paribas Exane started coverage on Quanta Services in a report on Tuesday, April 14th. They set a “neutral” rating on the stock. Robert W. Baird raised their target price on Quanta Services from $606.00 to $777.00 and gave the stock an “outperform” rating in a report on Friday. BMO Capital Markets raised their target price on Quanta Services from $650.00 to $800.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Mizuho raised their target price on Quanta Services from $580.00 to $693.00 and gave the stock a “neutral” rating in a report on Friday. Eighteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $695.73.

Quanta Services Trading Up 1.1%

Quanta Services stock traded up $8.41 during mid-day trading on Tuesday, hitting $765.75. The stock had a trading volume of 223,465 shares, compared to its average volume of 1,095,150. The stock has a 50-day simple moving average of $578.99 and a two-hundred day simple moving average of $498.52. The stock has a market capitalization of $114.91 billion, a PE ratio of 104.69, a P/E/G ratio of 3.37 and a beta of 1.24. Quanta Services has a 12 month low of $315.45 and a 12 month high of $775.06. The company has a current ratio of 1.14, a quick ratio of 1.09 and a debt-to-equity ratio of 0.57.

Quanta Services (NYSE:PWR) last posted its quarterly earnings results on Thursday, April 30th. The construction company reported $2.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.64. The business had revenue of $7.87 billion for 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%.The firm’s quarterly revenue was up 26.3% compared to the same quarter last year. During the same quarter last year, the business earned $1.78 earnings per share. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. As a group, sell-side analysts forecast that Quanta Services will post 11.97 EPS for the current year.

Hedge Funds Weigh In On Quanta Services

Several institutional investors have recently modified their holdings of PWR. Cedar Mountain Advisors LLC lifted its holdings in shares of Quanta Services by 321.4% during the 4th quarter. Cedar Mountain Advisors LLC now owns 59 shares of the construction company’s stock valued at $25,000 after purchasing an additional 45 shares in the last quarter. Darwin Wealth Management LLC bought a new position in shares of Quanta Services during the 2nd quarter valued at about $26,000. Activest Wealth Management lifted its holdings in shares of Quanta Services by 94.1% during the 3rd quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock valued at $27,000 after purchasing an additional 32 shares in the last quarter. Flagship Harbor Advisors LLC bought a new position in shares of Quanta Services during the 4th quarter valued at about $28,000. Finally, Cornerstone Planning Group LLC lifted its holdings in shares of Quanta Services by 213.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 72 shares of the construction company’s stock valued at $30,000 after purchasing an additional 49 shares in the last quarter. Institutional investors own 90.49% of the company’s stock.

Key Stories Impacting Quanta Services

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

• Positive Sentiment: Multiple analyst price‑target increases and reiterated buy ratings — UBS raised its target to $900 and kept a buy rating, Goldman Sachs raised to $826 (buy), and TD Cowen boosted its target to $775 — signaling stronger sell‑side conviction. UBS Price Target Goldman Price Target TD Cowen Forecast
• Positive Sentiment: Quarterly results and commentary continue to look strong — Q1 revenue and EPS outperformed consensus and management gave robust FY guidance, which underpins the analyst upgrades. Earnings Coverage
• Positive Sentiment: Secular demand tailwind from AI/data‑center buildouts boosting electricity and grid work — analysts and commentators are highlighting Quanta as a key beneficiary of the accelerating data‑center and electrification projects. AI Data Center Demand
• Positive Sentiment: High-profile endorsements and coverage (Jim Cramer, Motley Fool pieces) are raising retail and institutional visibility for Quanta’s long‑term growth story. Cramer Mention Motley Fool
• Neutral Sentiment: Consensus analyst rating remains around “Moderate Buy,” reflecting broad support but not unanimous enthusiasm — the upgrades tighten conviction but consensus is not unanimous. Consensus Rating
• Negative Sentiment: Valuation and positioning risks — PWR trades at a high P/E (~104) and is near its 12‑month high, so upside may be limited absent continued earnings acceleration; investors should weigh the premium vs. execution risk and cyclical project timing.

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.