Quanta Services (PWR) Stock Forecast & Price Target

$328.41 +5.82 (+1.80%)

(As of 12/20/2024 05:45 PM ET)

Quanta Services - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 18 Analyst Ratings

Sell
0

Hold
4

Buy
14

Based on 18 Wall Street analysts who have issued ratings for Quanta Services in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 18 analysts, 4 have given a hold rating, 13 have given a buy rating, and 1 has given a strong buy rating for PWR.

Consensus Price Target

$324.25
-1.27% Downside

According to the 18 analysts' twelve-month price targets for Quanta Services, the average price target is $324.25. The highest price target for PWR is $399.00, while the lowest price target for PWR is $250.00. The average price target represents a forecasted downside of -1.27% from the current price of $328.41.

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PWR Analyst Ratings Over Time

Type	Current Forecast 12/23/23 to 12/22/24	1 Month Ago 11/23/23 to 11/22/24	3 Months Ago 9/24/23 to 9/23/24	1 Year Ago 12/23/22 to 12/23/23
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	13 Buy rating(s)	12 Buy rating(s)	11 Buy rating(s)	7 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$324.25	$314.27	$286.69	$211.25
Forecasted Upside	-1.27% Downside	-8.08% Downside	-3.12% Downside	-1.30% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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PWR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PWR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Quanta Services Stock vs. The Competition

Type	Quanta Services	Construction Companies	S&P 500
Consensus Rating Score	2.83	2.61	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	-1.27% Downside	22.00% Upside	14.53% Upside
News Sentiment Rating	Positive News See Recent PWR News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/19/2024	Truist Financial 2 of 5 stars		Boost Target	Buy ➝ Buy	$358.00 ➝ $399.00	+23.94%
12/11/2024	Stifel Nicolaus 4 of 5 stars		Boost Target	Buy ➝ Buy	$343.00 ➝ $374.00	+14.42%
12/9/2024	Citigroup 3 of 5 stars		Boost Target	Buy ➝ Buy	$348.00 ➝ $394.00	+21.96%
12/6/2024	Daiwa America Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Ip Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
12/6/2024	Daiwa Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$355.00	+7.19%
11/1/2024	Northland Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$280.00 ➝ $328.00	+8.54%
Get the Latest News and Ratings for PWR and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Quanta Services and its competitors with MarketBeat's FREE daily newsletter.
11/1/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$320.00 ➝ $333.00	+10.40%
10/23/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$313.00 ➝ $367.00	+19.31%
10/15/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$280.00 ➝ $335.00	+7.72%
10/7/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$297.00	-2.85%
9/19/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Fleishman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$313.00	+15.05%
9/4/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$256.00	-0.62%
8/2/2024	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$286.00 ➝ $303.00	+23.24%
5/30/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$285.00 ➝ $310.00	+10.33%
5/28/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$259.00 ➝ $286.00	+0.52%
5/7/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$255.00 ➝ $288.00	+6.94%
5/7/2024	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$225.00 ➝ $250.00	-7.77%
1/10/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight ➝ Sector Weight
8/4/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$201.00 ➝ $238.00	+17.05%
12/27/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$155.00 ➝ $165.00	+14.12%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 10:27 AM ET.

Should I Buy Quanta Services Stock? PWR Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, December 15, 2024. Please send any questions or comments about these Quanta Services pros and cons to contact@marketbeat.com.

Quanta Services
Bull Case

Here are some ways that investors could benefit from investing in Quanta Services, Inc.:

Quanta Services, Inc. recently reported a quarterly earnings per share (EPS) of $2.72, exceeding analysts' expectations of $2.46, indicating strong financial performance and effective management.
The company has shown a year-over-year revenue increase of 15.5%, reflecting its growth potential and ability to capture market opportunities.
Quanta Services, Inc. has a current stock price of $333.32, which is near its 52-week high of $350.19, suggesting strong investor confidence and market demand.
Analysts have a consensus rating of "Moderate Buy" with a price target averaging around $314.27, indicating positive sentiment and potential for price appreciation.
The company has recently increased its quarterly dividend from $0.09 to $0.10 per share, demonstrating a commitment to returning value to shareholders and financial stability.

Quanta Services
Bear Case

Investors should be bearish about investing in Quanta Services, Inc. for these reasons:

The stock has a high price-to-earnings (P/E) ratio of 61.80, which may indicate that it is overvalued compared to its earnings, potentially leading to a price correction.
Despite strong revenue growth, the company reported a net margin of only 3.54%, which may raise concerns about profitability and cost management.
Quanta Services, Inc. has a relatively low dividend yield of 0.12%, which may not be attractive for income-focused investors.
Recent trading volumes have been below average, suggesting a lack of strong investor interest or confidence in the stock at current levels.
Institutional investors own 90.49% of the company's stock, which could lead to volatility if large shareholders decide to sell their positions.

PWR Forecast - Frequently Asked Questions

: According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for Quanta Services is $324.25, with a high forecast of $399.00 and a low forecast of $250.00.
: 18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Quanta Services in the last year. There are currently 4 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PWR shares.
: According to analysts, Quanta Services's stock has a predicted downside of -1.27% based on their 12-month stock forecasts.
: Over the previous 90 days, Quanta Services's stock had 1 upgrade by analysts.
: Quanta Services has been rated by research analysts at Citigroup, Daiwa America, Daiwa Capital Markets, JPMorgan Chase & Co., Northland Securities, Robert W. Baird, Stifel Nicolaus, TD Cowen, Truist Financial, and UBS Group in the past 90 days.
: Analysts like Quanta Services more than other "construction" companies. The consensus rating score for Quanta Services is 2.83 while the average consensus rating score for "construction" companies is 2.61. Learn more on how PWR compares to other companies.

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This page (NYSE:PWR) was last updated on 12/22/2024 by MarketBeat.com Staff

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Quanta Services (PWR) Stock Forecast & Price Target