Quanta Services (PWR) Stock Forecast, Price Target & Predictions
PWR Stock Forecast
Quanta Services stock forecast is as follows: an average price target of $266.33 (represents a -19.86% downside from PWR’s last price of $332.34) 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 $266.33 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 $129.00. This represents a potential -19.86% downside from PWR's last price of $332.34.
PWR Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 04, 2024 | Julian Dumoulin-Smith | Jefferies | $299.00 | $304.32 | -1.75% | -10.03% |
| Nov 04, 2024 | Brent Thielman | D.A. Davidson | $295.00 | $304.32 | -3.06% | -11.24% |
| Oct 16, 2024 | Alex Rygiel | B.Riley Financial | $343.00 | $305.54 | 12.26% | 3.21% |
| Oct 10, 2024 | Brian Brophy | Stifel Nicolaus | $342.00 | $303.01 | 12.87% | 2.91% |
| Oct 09, 2024 | Jamie Cook | Truist Financial | $358.00 | $308.67 | 15.98% | 7.72% |
| Sep 03, 2024 | Julian Dumoulin-Smith | Jefferies | $256.00 | $257.60 | -0.62% | -22.97% |
| May 30, 2024 | John Staszak | Argus Research | $310.00 | $278.43 | 11.34% | -6.72% |
| May 07, 2024 | Brent Thielman | D.A. Davidson | $250.00 | $269.31 | -7.17% | -24.78% |
| May 03, 2024 | Alex Rygiel | B.Riley Financial | $286.00 | $256.37 | 11.56% | -13.94% |
| Mar 13, 2024 | Jamie Cook | Truist Financial | $301.00 | $241.83 | 24.47% | -9.43% |
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 -10.03% decrease from PWR last price ($332.34).
Quanta Services Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 6 | 10 |
| Avg Price Target | $297.00 | $315.50 | $304.00 |
| Last Closing Price | $332.34 | $332.34 | $332.34 |
| Upside/Downside | -10.63% | -5.07% | -8.53% |
In the current month, the average price target of Quanta Services stock is $297.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a -10.63% decrease as opposed to Quanta Services's last price of $332.34. This month's average price target is down -5.86% compared to last quarter, and down -2.30% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 04, 2024 | Jefferies | Hold | Hold | Hold |
| Oct 15, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Oct 04, 2024 | Citigroup | Buy | Buy | Hold |
| Sep 19, 2024 | Wolfe Research | - | Outperform | Initialise |
| Sep 03, 2024 | Jefferies | - | Hold | Initialise |
| Aug 08, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Jul 22, 2024 | Citigroup | Buy | Buy | Hold |
| May 07, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| May 03, 2024 | B. Riley | Buy | Buy | Hold |
| Nov 08, 2023 | Goldman Sachs | - | Buy | Upgrade |
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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 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 | $7.20B | $6.53B | $5.87B | $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 | $12.44B | $11.99B | $11.57B | $11.16B | $12.74B | $11.53B | $7.20B | $6.17B | $8.64B | $8.38B | $7.12B | $6.28B | $7.44B | $7.46B | $6.77B | $6.12B | $6.79B | $6.58B | $5.51B | $4.94B | $5.23B | $5.35B | $4.88B | $4.23B | $4.43B | $4.40B | $4.03B | $3.58B | $3.65B | $3.43B |
| Low Forecast | $11.72B | $11.30B | $10.90B | $10.51B | $12.00B | $10.86B | $6.79B | $5.81B | $8.14B | $7.90B | $6.71B | $5.91B | $7.01B | $7.03B | $6.38B | $5.66B | $6.53B | $6.54B | $5.51B | $4.94B | $5.13B | $5.19B | $4.60B | $3.98B | $4.18B | $4.40B | $4.03B | $3.58B | $3.65B | $3.43B |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 11 | 5 | 2 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 |
| 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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 11 | 5 | 2 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $400.33M | $279.27M | $207.65M | $358.27M | $328.00M | $351.56M | $308.19M | $314.51M | $337.59M |
| Avg Forecast | $965.46M | $931.19M | $898.15M | $866.27M | $988.91M | $894.88M | $558.99M | $478.98M | $670.69M | $650.61M | $553.01M | $487.25M | $577.57M | $579.24M | $525.26M | $472.53M | $531.60M | $527.81M | $443.09M | $123.43M | $416.69M | $422.91M | $378.63M | $112.21M | $314.07M | $302.51M | $276.87M | $102.01M | $251.29M | $235.75M |
| High Forecast | $1.00B | $964.84M | $930.60M | $897.58M | $1.02B | $927.21M | $579.19M | $496.29M | $694.92M | $674.11M | $573.00M | $504.86M | $598.44M | $600.17M | $544.24M | $492.22M | $546.05M | $529.26M | $443.09M | $148.12M | $420.73M | $430.38M | $392.31M | $134.65M | $376.88M | $302.51M | $276.87M | $122.41M | $251.29M | $235.75M |
| Low Forecast | $942.71M | $909.26M | $876.99M | $845.86M | $965.61M | $873.79M | $545.82M | $467.70M | $654.88M | $635.28M | $539.98M | $475.77M | $563.96M | $565.59M | $512.88M | $455.20M | $525.17M | $526.35M | $443.09M | $98.75M | $412.64M | $417.43M | $369.71M | $89.77M | $251.25M | $302.51M | $276.87M | $81.61M | $251.29M | $235.75M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.74% | 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 $416.69M, with a high of $420.73M and a low of $412.64M. This is 4.09% upper than Quanta Services's previous annual EBITDA (Sep 23) of $400.33M.
Quanta Services Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 11 | 5 | 2 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 |
| 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 | $520.15M | $519.49M | $436.27M | $333.50M | $438.10M | $457.73M | $374.49M | $281.81M | $395.18M | $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 | $725.04M | $732.28M | $625.56M | $524.93M | $652.89M | $641.97M | $537.35M | $455.97M | $544.59M | $543.89M | $456.76M | $349.16M | $458.68M | $479.23M | $392.08M | $325.68M | $414.71M | $411.59M | $285.24M | $108.28M | $305.99M | $343.86M | $257.79M | $98.44M | $125.58M | $264.59M | $227.96M | $89.49M | $209.77M | $217.67M |
| Low Forecast | $671.30M | $678.00M | $579.20M | $486.02M | $604.50M | $594.38M | $497.52M | $422.17M | $504.22M | $503.58M | $422.91M | $323.28M | $424.68M | $443.71M | $363.02M | $251.43M | $377.15M | $397.08M | $285.10M | $72.19M | $283.27M | $286.55M | $238.68M | $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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 11 | 5 | 2 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 |
| 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 | $679.95M | $659.60M | $560.65M | $493.99M | $585.55M | $587.24M | $532.52M | $479.06M | $538.94M | $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 | $1.01B | $978.18M | $943.46M | $909.98M | $1.04B | $940.03M | $587.20M | $503.15M | $704.53M | $683.43M | $580.91M | $511.84M | $606.71M | $608.46M | $551.76M | $499.02M | $553.60M | $536.57M | $449.22M | $413.74M | $426.54M | $436.33M | $397.73M | $376.12M | $440.55M | $356.99M | $326.74M | $341.93M | $296.54M | $278.20M |
| Low Forecast | $955.74M | $921.82M | $889.11M | $857.55M | $978.95M | $885.87M | $553.36M | $474.16M | $663.93M | $644.06M | $547.44M | $482.35M | $571.75M | $573.41M | $519.97M | $461.49M | $532.43M | $533.62M | $449.22M | $275.82M | $418.34M | $423.20M | $374.82M | $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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 11 | 5 | 2 | 2 | 4 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 |
| 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 | $3.45 | $3.45 | $2.90 | $2.22 | $2.91 | $3.04 | $2.49 | $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 | $4.82 | $4.86 | $4.16 | $3.49 | $4.34 | $4.26 | $3.57 | $3.03 | $3.62 | $3.61 | $3.03 | $2.32 | $3.05 | $3.18 | $2.60 | $2.16 | $2.75 | $2.73 | $1.89 | $1.29 | $2.03 | $2.28 | $1.71 | $1.17 | $1.68 | $1.77 | $1.52 | $1.21 | $1.40 | $1.45 |
| Low Forecast | $4.46 | $4.50 | $3.85 | $3.23 | $4.02 | $3.95 | $3.30 | $2.80 | $3.35 | $3.34 | $2.81 | $2.15 | $2.82 | $2.95 | $2.41 | $1.67 | $2.51 | $2.64 | $1.89 | $1.29 | $1.88 | $1.90 | $1.59 | $1.09 | $1.55 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TTEK | Tetra Tech | $40.22 | $164.00 | 307.76% | Buy |
| KBR | KBR | $58.08 | $73.20 | 26.03% | Buy |
| DY | Dycom Industries | $176.56 | $205.17 | 16.20% | Buy |
| APG | APi Group | $36.00 | $41.00 | 13.89% | Buy |
| BLD | TopBuild | $351.10 | $396.50 | 12.93% | Buy |
| FIX | Comfort Systems USA | $476.25 | $525.00 | 10.24% | Buy |
| FLR | Fluor | $52.53 | $57.83 | 10.09% | Buy |
| ACM | AECOM | $109.47 | $105.14 | -3.96% | Buy |
| MTZ | MasTec | $140.82 | $134.67 | -4.37% | Buy |
| MYRG | MYR Group | $145.46 | $138.33 | -4.90% | Buy |
| PWR | Quanta Services | $332.34 | $266.33 | -19.86% | Buy |
| GVA | Granite Construction | $97.25 | $70.00 | -28.02% | - |