Quanta Services, Inc. (PWR) Stock Price & Analysis

Quanta Services, Inc. (PWR) closed at USD 552.44 on Thursday, October 22, 2026, down 8.10% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 601.14; the Oct 22, 2026 session ranged USD 543.06–588.38 on volume of 2,007,115 shares. Market capitalization is $83.06B, with a 52-week range of USD 408.36–788.75 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:16 UTC.

Also available as compact Markdown for AI agents: nexqual.com/PWR.md

Key facts (PWR)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (PWR)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$13.0B$17.1B$20.9B$23.7B$28.5B$32.9B
Gross profit$1.95B$2.53B$2.94B$3.51B$4.28B—
Operating income$664M$872M$1.13B$1.35B$1.61B$2.04B
Net income$486M$491M$745M$905M$1.03B$1.33B
EPS (diluted)$3.34$3.32$5.00$6.03$6.80—
Free cash flow$197M$703M$1.14B$1.48B$1.62B$2.39B
Gross margin15.0%14.8%14.1%14.8%15.0%—
Operating margin5.1%5.1%5.4%5.7%5.7%6.2%
Net margin3.7%2.9%3.6%3.8%3.6%4.0%
Revenue growth+15.9%+31.5%+22.3%+13.4%+20.3%—
Cash + short-term investments$229M$429M$1.29B$742M$440M—
Total debt$3.74B$3.73B$4.20B$4.16B$5.99B—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (PWR)

P/E 62.6x · P/S 2.5x · EV/EBITDA 35.7x · EV/Sales 2.7x · P/FCF 34.7x · P/B 8.6x · FCF yield 2.88% · Earnings yield 1.60% · Dividend yield (paid, TTM) 0.08% · Buyback yield (TTM) 0.00% · Net debt $5.59B · EV $88.6B

P/E at fiscal year-ends: Dec 2025 62.1x, Dec 2024 52.4x, Dec 2023 43.1x.

Superinvestors (SEC 13F-HR, Q2 2026) (PWR)

1 of 80 tracked investors hold PWR. Each row is the investor's latest 13F; change is vs their prior-quarter share count.

InvestorFirm% of portfolioValueChange
First Eagle InvestmentFirst Eagle Investment Management<0.01%$1.3MUnchanged

Insider sales (SEC Form 4, open-market, last ~7 months) (PWR)

0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-05-05Austin Earl C. Jr.President and CEO155,992$120M21.5%NoToo little history (no open-market trades in 2025)
2026-05-04Nobel PaulChief Accounting Officer & SVP4,000$3.0M33.2%NoToo little history (no open-market trades in 2023–2025)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (PWR)

Consensus Buy (mean 2.23 on a 1–5 scale), 31 analysts; mean target USD 760.39 (low 410, high 945).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-05Truist SecuritiesTarget loweredBuy$976 → $945
2026-09-28Piper SandlerTarget loweredOverweight$731 → $714
2026-09-24BernsteinUpgradeMarket Perform → Outperform$748 → $775
2026-09-09Piper SandlerInitiatedOverweight$731
2026-08-07KeybancUpgradeSector Weight → Overweight$807
2026-08-03TD CowenTarget raisedBuy$775 → $785
2026-08-03Truist SecuritiesTarget raisedBuy$940 → $976
2026-08-03MizuhoTarget raisedNeutral$659 → $741
2026-07-31CitigroupTarget raisedBuy$837 → $871
2026-07-21JP MorganDowngradeOverweight → Neutral$714
2026-07-10JefferiesTarget loweredBuy$857 → $784
2026-07-02Truist SecuritiesTarget raisedBuy$851 → $940

Total return (dividends reinvested) (PWR)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return+29.4%+371.5%
S&P 500 (SPY)+14.9%+80.3%
Per year+29.5%+36.3%
Volatility (annualized)44.5%32.4%
Max drawdown-29.6% (May 2026→Oct 2026)-33.1% (Jan 2025→Mar 2025)

PWR revenue by business segment (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Electric$7.84B82.0%+43.6%
Underground and Infrastructure$1.72B18.0%+30.7%
Total revenue$9.56B100%—

PWR revenue by region (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
United States$9.10B95.3%+45.0%
Canada$215.8M2.3%-9.5%
Australia$206.6M2.2%+4.3%
Others$31.2M0.3%-45.8%
Total revenue$9.56B100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

PWR suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
PartnerLUMA Energy“For example, our joint venture LUMA is exposed to various of these risks operating in Puerto Rico.”

Quoted from the company's 10-K filed Feb 19, 2026.

Companies that name PWR in their SEC reports

Relationship to PWRCompanyFilingSentence
partnerCipher Digital Inc. (CIFR)10-K Feb 24, 2026“We have also secured a key partnership with Quanta Services, Inc. (NYSE:PWR), a key engineering, construction and procurement partner for our development of sites like Black Pearl and Barber Lake.”

PWR company outlook (results filed Jul 30, 2026)

Quoted word-for-word from the SEC 8-K results press release.

PWR analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$4.99$4.24+17.7%$10.91B22
Next quarter (ends Dec 2026)$4.83$3.78+27.8%$11.22B20
Current fiscal year (ends Dec 2026)$16.75$14.02+19.5%$39.58B26
Next fiscal year (ends Dec 2027)$19.89$16.49+20.6%$45.80B25

PWR options: expected move

Options price a move of about ±13.3% (±$73.15) by Nov 20, 2026, which includes earnings on Oct 29, 2026. Over the last 8 reports the stock moved ±8.4% on average.

ExpirationDaysATM implied volatilityExpected move
Nov 20, 20262859.0%±13.3%
Dec 18, 20265652.3%±16.5%
Jan 15, 20278449.1%±18.9%
Feb 19, 202711949.1%±22.4%
Mar 19, 202714748.4%±24.4%
May 21, 202721047.9%±28.9%
Jun 17, 202723747.5%±30.3%
Sep 17, 202732946.7%±34.9%

30-day implied volatility 58.1% vs 46.4% realized over the last 30 trading days. Put/call ratio (volume) 5.55. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 09:16 UTC)

PriceUSD 552.44
Change▼ 8.10% (down)
Previous CloseUSD 601.14
OpenUSD 588.38
Day RangeUSD 543.06 – 588.38
52-Week RangeUSD 408.36 – 788.75
Volume2,007,115 shares
Market Cap$83.06B
ExchangeNYQ

Technical Analysis (PWR)

Nexqual's technical model rates PWR "SELL" based on 3 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:16 UTC.

Overall SignalSELL
RSI (14)29.74 (oversold)
vs SMA50Below (USD 644.14)
MACD-13.96 (negative)

Analyst Ratings (PWR)

Wall Street analysts rate PWR "Buy" based on 31 analysts, with a mean price target of USD 760.39 (range USD 410–945), per Nexqual as of October 23, 2026 at 09:16 UTC.

Consensus RatingBuy
Analyst Count31
Mean TargetUSD 760.39
High TargetUSD 945
Low TargetUSD 410
Buy / Hold / Sell25 / 5 / 1

Earnings (PWR)

Next Earnings Date2026-10-29
EPS EstimateUSD 4.99
Revenue Estimate$10.91B

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 4.24 vs est 3.31 ▲ beat
2026-03-31USD 2.68 vs est 2.03 ▲ beat
2025-12-31USD 3.16 vs est 3.02 ▲ beat
2025-09-30USD 3.33 vs est 3.26 ▲ beat

Source: Nexqual, October 23, 2026 at 09:16 UTC.

Financials & Fundamentals (PWR)

Total Revenue$32.91B
Revenue Growth (latest quarter, YoY)+41.10%
Gross Margin+15.46%
Operating Margin+7.22%
Profit Margin+4.03%
ROE+15.34%
Debt / Equity0.68
Current Ratio1.1
Total Cash$506.43M
Total Debt$6.60B
Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K)$2.39B (7.3% of revenue)

Source: Nexqual, October 23, 2026 at 09:16 UTC.

Financial Health Score (PWR)

Nexqual rates Quanta Services, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:16 UTC.

GrowthStrong — Revenue +20% YoY (annual)
ProfitabilityMixed — Gross margin 15%, operating 7% (last 12 months)
Balance SheetSolid — $506M cash and investments vs $6.10B debt (Jun 2026, SEC)
Cash FlowSolid — FCF $2.39B (last 4 quarters to Jun 2026, SEC), 7% margin
EfficiencySolid — ROE 15%, ROA 5.2%

Ownership (PWR)

Insider Ownership+0.67%
Institutional Ownership+94.07%
Shares Outstanding150.34M
Float148.97M
Short % of Float+2.44%

Source: Nexqual, October 23, 2026 at 09:16 UTC.

Leadership (PWR)

Quanta Services, Inc. is led by Earl C. Austin, President, CEO & Director, per Nexqual as of October 23, 2026 at 09:16 UTC.

President, CEO & DirectorEarl C. Austin
Chief Financial OfficerJayshree S. Desai
President of Strategic OperationsGerald A. Ducey
President of Electric PowerKarl W. Studer
Vice President of Investor RelationsKip A. Rupp C.F.A.

Major Backers & Investors (PWR)

Notable institutional backers of Quanta Services, Inc. include JPMorgan, Peconic Partners, LLC, FMR, LLC, according to Nexqual as of October 23, 2026 at 09:16 UTC.

Active Investors

InvestorStake
JPMorgan3.53%
Peconic Partners, LLC3.14%
FMR, LLC2.34%
Bank of America Corporation2.11%
Morgan Stanley1.54%
Fidelity1.3%

Index Funds (Passive)

FundStake
Vanguard Group11.13%
BlackRock8.69%
State Street4.38%
Geode Capital2.34%

Source: Nexqual, October 23, 2026 at 09:16 UTC.

From Quanta Services, Inc.'s Latest SEC 10-K Filing (filed 2026-02-19)

Key Strengths & Strategy (as disclosed to the SEC)

Partnerships

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

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JJacobs Solutions Inc.USD 146.26▲ 2.65%
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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:16 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt