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Quanta Services (PWR) Stock Forecast, Price Target & Predictions

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PWR Stock Forecast

Quanta Services stock forecast is as follows: an average price target of $327.40 (represents a 1.49% upside from PWR’s last price of $322.59) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.

PWR Price Target

The average price target for Quanta Services (PWR) is $327.40 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $358.00 to $295.00. This represents a potential 1.49% upside from PWR's last price of $322.59.

PWR Analyst Ratings

Buy

According to 9 Wall Street analysts, Quanta Services's rating consensus is 'Buy'. The analyst rating breakdown for PWR stock is 0 'Strong Buy' (0.00%), 8 'Buy' (88.89%), 1 'Hold' (11.11%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Quanta Services Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 04, 2024Julian Dumoulin-SmithJefferies$299.00$304.32-1.75%-7.31%
Nov 04, 2024Brent ThielmanD.A. Davidson$295.00$304.32-3.06%-8.55%
Oct 16, 2024Alex RygielB.Riley Financial$343.00$305.5412.26%6.33%
Oct 10, 2024Brian BrophyStifel Nicolaus$342.00$303.0112.87%6.02%
Oct 09, 2024Jamie CookTruist Financial$358.00$308.6715.98%10.98%
Sep 03, 2024Julian Dumoulin-SmithJefferies$256.00$257.60-0.62%-20.64%
May 30, 2024John StaszakArgus Research$310.00$278.4311.34%-3.90%
May 07, 2024Brent ThielmanD.A. Davidson$250.00$269.31-7.17%-22.50%
May 03, 2024Alex RygielB.Riley Financial$286.00$256.3711.56%-11.34%
Mar 13, 2024Jamie CookTruist Financial$301.00$241.8324.47%-6.69%
Dec 30, 2022Cowen CowenCowen & Co.$165.00$142.7015.63%-48.85%
Jun 13, 2022Steven FisherUBS$156.00$125.8124.00%-51.64%
Apr 20, 2022UBS$145.00$137.885.16%-55.05%
Sep 03, 2021Brent ThielmanD.A. Davidson$108.00$115.81-6.74%-66.52%
Sep 03, 2021Sean EastmanKeyBanc$129.00$115.8111.39%-60.01%
Jun 08, 2021Noelle DiltsStifel Nicolaus$105.00$94.3011.35%-67.45%

The latest Quanta Services stock forecast, released on Nov 04, 2024 by Julian Dumoulin-Smith from Jefferies, set a price target of $299.00, which represents a -1.75% decrease from the stock price at the time of the forecast ($304.32), and a -7.31% decrease from PWR last price ($322.59).

Quanta Services Price Target by Period

1M3M12M
# Anlaysts-510
Avg Price Target-$327.40$304.00
Last Closing Price$322.59$322.59$322.59
Upside/Downside-100.00%1.49%-5.76%

In the current month, the average price target of Quanta Services stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Quanta Services's last price of $322.59. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 04, 2024JefferiesHoldHoldHold
Oct 15, 2024Cowen & Co.BuyBuyHold
Oct 04, 2024CitigroupBuyBuyHold
Sep 19, 2024Wolfe ResearchOutperformInitialise
Sep 03, 2024JefferiesHoldInitialise
Aug 08, 2024Cowen & Co.BuyBuyHold
Jul 22, 2024CitigroupBuyBuyHold
May 07, 2024Evercore ISIOutperformOutperformHold
May 03, 2024B. RileyBuyBuyHold
Nov 08, 2023Goldman SachsBuyUpgrade
Feb 24, 2023OppenheimerOutperformOutperformHold
Dec 27, 2022Cowen & Co.OutperformOutperformHold
Jun 13, 2022UBSBuyUpgrade

Quanta Services's last stock rating was published by Jefferies on Nov 04, 2024. The company gave PWR a "Hold" rating, the same as its previous rate.

Quanta Services Financial Forecast

Quanta Services Revenue Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Revenue---------------------$5.62B$5.05B$4.43B$4.42B$4.46B$4.23B$3.97B$3.92B$3.35B
Avg Forecast$12.00B$11.58B$11.16B$10.77B$12.29B$11.12B$6.95B$5.95B$8.34B$8.09B$6.87B$6.06B$7.18B$7.22B$6.56B$5.90B$6.61B$6.56B$5.51B$4.94B$5.18B$5.26B$4.71B$4.08B$4.28B$4.40B$4.03B$3.58B$3.65B$3.43B
High Forecast$12.63B$12.18B$11.75B$11.33B$12.93B$11.70B$7.31B$6.26B$8.77B$8.51B$7.23B$6.37B$7.55B$7.59B$6.90B$6.14B$6.79B$6.58B$5.51B$4.94B$5.23B$5.35B$4.95B$4.29B$4.50B$4.40B$4.03B$3.58B$3.65B$3.43B
Low Forecast$11.65B$11.24B$10.84B$10.46B$11.94B$10.80B$6.75B$5.78B$8.10B$7.85B$6.67B$5.88B$6.97B$7.01B$6.37B$5.68B$6.53B$6.54B$5.51B$4.94B$5.13B$5.19B$4.57B$3.96B$4.15B$4.40B$4.03B$3.58B$3.65B$3.43B
# Analysts44443333333344461152241099888899
Surprise %---------------------1.07%1.07%1.09%1.03%1.01%1.05%1.11%1.07%0.98%

Quanta Services's average Quarter revenue forecast for Dec 23 based on 4 analysts is $5.18B, with a low forecast of $5.13B, and a high forecast of $5.23B. PWR's average Quarter revenue forecast represents a -7.85% decrease compared to the company's last Quarter revenue of $5.62B (Sep 23).

Quanta Services EBITDA Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts44443333333344461152241099888899
EBITDA---------------------$400.33M$279.27M$207.65M$358.27M$328.00M$351.56M$308.19M$314.51M$337.59M
Avg Forecast$972.81M$938.28M$904.98M$872.87M$996.43M$901.69M$563.25M$482.63M$675.79M$655.56M$557.22M$490.96M$581.96M$585.04M$531.35M$478.06M$535.67M$531.82M$446.47M$123.43M$419.86M$426.12M$381.51M$112.21M$314.07M$302.51M$276.87M$102.01M$251.29M$235.75M
High Forecast$1.02B$987.05M$952.02M$918.24M$1.05B$948.56M$592.52M$507.72M$710.92M$689.63M$586.18M$516.48M$612.21M$615.45M$558.97M$497.98M$550.23M$533.29M$446.47M$148.12M$423.93M$433.66M$401.34M$134.65M$376.88M$302.51M$276.87M$122.41M$251.29M$235.75M
Low Forecast$944.58M$911.06M$878.72M$847.54M$967.52M$875.52M$546.90M$468.63M$656.18M$636.53M$541.05M$476.72M$565.08M$568.06M$515.93M$460.53M$529.20M$530.36M$446.47M$98.75M$415.78M$420.61M$370.44M$89.77M$251.25M$302.51M$276.87M$81.61M$251.29M$235.75M
Surprise %---------------------0.94%0.73%1.85%1.14%1.08%1.27%3.02%1.25%1.43%

4 analysts predict PWR's average Quarter EBITDA for Dec 23 to be $419.86M, with a high of $423.93M and a low of $415.78M. This is 4.88% upper than Quanta Services's previous annual EBITDA (Sep 23) of $400.33M.

Quanta Services Net Income Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts44443333333344461152241099888899
Net Income---------------------$272.84M$165.90M$95.05M$162.57M$155.96M$88.02M$84.64M$106.30M$174.37M
Avg Forecast$692.51M$699.42M$597.50M$501.38M$623.60M$613.16M$513.24M$435.51M$521.09M$519.76M$434.91M$333.18M$438.16M$454.10M$372.66M$281.81M$394.78M$404.33M$285.17M$90.23M$298.42M$318.22M$246.22M$82.03M$104.65M$264.59M$227.96M$74.57M$209.77M$217.67M
High Forecast$739.31M$746.68M$637.87M$535.26M$665.73M$654.59M$547.92M$464.94M$556.30M$554.88M$464.30M$355.70M$467.76M$484.79M$397.84M$325.69M$412.72M$411.59M$285.24M$108.28M$305.99M$343.86M$262.86M$98.44M$125.58M$264.59M$227.96M$89.49M$209.77M$217.67M
Low Forecast$666.39M$673.04M$574.96M$482.47M$600.07M$590.03M$493.88M$419.08M$501.43M$500.15M$418.50M$320.62M$421.63M$436.97M$358.60M$251.44M$387.30M$397.08M$285.10M$72.19M$283.27M$286.55M$236.94M$65.62M$83.72M$264.59M$227.96M$59.66M$209.77M$217.67M
Surprise %---------------------0.86%0.67%1.16%1.55%0.59%0.39%1.13%0.51%0.80%

Quanta Services's average Quarter net income forecast for Dec 23 is $298.42M, with a range of $283.27M to $305.99M. PWR's average Quarter net income forecast represents a 9.38% increase compared to the company's last Quarter net income of $272.84M (Sep 23).

Quanta Services SG&A Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts44443333333344461152241099888899
SG&A---------------------$386.54M$384.17M$384.55M$341.13M$347.45M$323.25M$324.89M$367.65M$274.85M
Avg Forecast$978.80M$944.06M$910.56M$878.24M$1.00B$907.24M$566.72M$485.60M$679.96M$659.59M$560.65M$493.99M$585.55M$588.64M$534.63M$481.01M$538.97M$535.10M$449.22M$344.78M$422.44M$428.75M$383.86M$313.44M$367.13M$356.99M$326.74M$284.94M$296.54M$278.20M
High Forecast$1.03B$993.13M$957.89M$923.89M$1.05B$954.40M$596.17M$510.84M$715.30M$693.88M$589.79M$519.66M$615.98M$619.24M$562.41M$501.05M$553.62M$536.57M$449.22M$413.74M$426.54M$436.33M$403.81M$376.12M$440.55M$356.99M$326.74M$341.93M$296.54M$278.20M
Low Forecast$950.40M$916.67M$884.14M$852.76M$973.48M$880.92M$550.27M$471.51M$660.23M$640.45M$544.38M$479.65M$568.56M$571.56M$519.11M$463.37M$532.46M$533.62M$449.22M$275.82M$418.34M$423.20M$372.72M$250.75M$293.70M$356.99M$326.74M$227.95M$296.54M$278.20M
Surprise %---------------------0.90%1.00%1.23%0.93%0.97%0.99%1.14%1.24%0.99%

Quanta Services's average Quarter SG&A projection for Dec 23 is $422.44M, based on 4 Wall Street analysts, with a range of $418.34M to $426.54M. The forecast indicates a 9.29% rise compared to PWR last annual SG&A of $386.54M (Sep 23).

Quanta Services EPS Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts44443333333344461152241099888899
EPS---------------------$1.88$1.14$0.66$1.14$1.09$0.61$0.59$0.74$1.25
Avg Forecast$4.60$4.65$3.97$3.33$4.14$4.07$3.41$2.89$3.46$3.45$2.89$2.21$2.91$3.02$2.48$1.87$2.62$2.69$1.89$1.29$1.98$2.11$1.64$1.12$1.60$1.77$1.52$1.21$1.40$1.45
High Forecast$4.91$4.96$4.24$3.56$4.42$4.35$3.64$3.09$3.69$3.69$3.08$2.36$3.11$3.22$2.64$2.16$2.74$2.73$1.89$1.29$2.03$2.28$1.75$1.20$1.71$1.77$1.52$1.21$1.40$1.45
Low Forecast$4.43$4.47$3.82$3.20$3.99$3.92$3.28$2.78$3.33$3.32$2.78$2.13$2.80$2.90$2.38$1.67$2.57$2.64$1.89$1.29$1.88$1.90$1.57$1.08$1.54$1.77$1.52$1.21$1.40$1.45
Surprise %---------------------0.89%0.70%0.59%0.71%0.62%0.40%0.49%0.53%0.86%

According to 4 Wall Street analysts, Quanta Services's projected average Quarter EPS for Dec 23 is $1.98, with a low estimate of $1.88 and a high estimate of $2.03. This represents a 5.43% increase compared to PWR previous annual EPS of $1.88 (Sep 23).

Quanta Services Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
KBRKBR$56.82$82.0044.32%Buy
DYDycom Industries$176.99$230.5030.23%Buy
BLDTopBuild$338.29$431.0027.41%Buy
FIXComfort Systems USA$454.47$575.0026.52%Buy
APGAPi Group$38.77$46.5019.94%Buy
TTEKTetra Tech$41.49$48.0015.69%Buy
FLRFluor$53.45$60.0012.25%Buy
MTZMasTec$136.54$151.0010.59%Buy
ACMAECOM$110.40$109.40-0.91%Buy
PWRQuanta Services$336.43$327.40-2.68%Buy
MYRGMYR Group$163.42$138.33-15.35%Buy
GVAGranite Construction$91.78$70.00-23.73%

PWR Forecast FAQ

Is Quanta Services a good buy?

Yes, according to 9 Wall Street analysts, Quanta Services (PWR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 88.89% of PWR's total ratings.

What is PWR's price target?

Quanta Services (PWR) average price target is $327.4 with a range of $295 to $358, implying a 1.49% from its last price of $322.59. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Quanta Services stock go up soon?

According to Wall Street analysts' prediction for PWR stock, the company can go up by 1.49% (from the last price of $322.59 to the average price target of $327.4), up by 10.98% based on the highest stock price target, and down by -8.55% based on the lowest stock price target.

Can Quanta Services stock reach $500?

PWR's average twelve months analyst stock price target of $327.4 does not support the claim that Quanta Services can reach $500 in the near future.

What are Quanta Services's analysts' financial forecasts?

Quanta Services's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $36.32B (high $38.21B, low $35.27B), average EBITDA is $2.94B (high $3.1B, low $2.86B), average net income is $2.19B (high $2.33B, low $2.1B), average SG&A $2.96B (high $3.12B, low $2.88B), and average EPS is $14.52 (high $15.5, low $13.97). PWR's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $45.51B (high $47.88B, low $44.19B), average EBITDA is $3.69B (high $3.88B, low $3.58B), average net income is $2.49B (high $2.66B, low $2.4B), average SG&A $3.71B (high $3.9B, low $3.6B), and average EPS is $16.54 (high $17.66, low $15.92).

Did the PWR's actual financial results beat the analysts' financial forecasts?

Based on Quanta Services's last annual report (Dec 2022), the company's revenue was $17.07B, beating the average analysts forecast of $16.28B by 4.88%. Apple's EBITDA was $1.2B, beating the average prediction of $995.46M by 20.66%. The company's net income was $491.19M, missing the average estimation of $671.77M by -26.88%. Apple's SG&A was $1.34B, beating the average forecast of $1.34B by 0.07%. Lastly, the company's EPS was $3.57, missing the average prediction of $6.1 by -41.49%. In terms of the last quarterly report (Sep 2023), Quanta Services's revenue was $5.62B, beating the average analysts' forecast of $5.26B by 6.92%. The company's EBITDA was $400.33M, missing the average prediction of $426.12M by -6.05%. Quanta Services's net income was $272.84M, missing the average estimation of $318.22M by -14.26%. The company's SG&A was $386.54M, missing the average forecast of $428.75M by -9.85%. Lastly, the company's EPS was $1.88, missing the average prediction of $2.11 by -11.05%