Quanta Services, Inc. (PWR), headquartered in Houston, Texas, provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries. Valued at $104.5 billion by market cap, the company also installs transportation control and lighting systems and provides specialty electric power and communication services for industrial and commercial customers. The leading provider of specialized contracting services is expected to announce its fiscal third-quarter earnings for 2026 in the near future.
Ahead of the event, analysts expect Quanta Services to report a profit of $4.68 per share on a diluted basis, up 52% from $3.08 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.
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For the full year, analysts expect Quanta Services to report EPS of $15.37, up 56.8% from $9.80 in fiscal 2025. Its EPS is expected to rise 17.2% year over year to $18.02 in fiscal 2027.
www.barchart.comPWR stock has outperformed the S&P 500 Index’s ($SPX) 17.3% gains over the past 52 weeks, with shares up 59.8% during this period. Similarly, it outperformed the State Street Industrial Select Sector SPDR ETF’s (XLI) 11.4% rise over the same time frame.
www.barchart.comQuanta Services surged following a blockbuster Q2 2026 earnings report driven by robust demand for power grid, power-generation, and data-center infrastructure. Backed by a record $53.4 billion backlog and strong multi-sector momentum tied to the AI infrastructure boom, further reinforced by the appointment of AI and tech expert Ellen Rubin to its Board of Directors, management significantly raised its full-year 2026 financial expectations, projecting revenue of $39.5 billion and adjusted EPS of $16.70.
Analysts’ consensus opinion on PWR stock is bullish, with a “Strong Buy” rating overall. Out of 28 analysts covering the stock, 24 advise a “Strong Buy” rating, and four give a “Hold.” PWR’s average analyst price target is $800.86, indicating a potential upside of 16.3% from the current levels.
On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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