Quanta Services (NYSE:PWR) Given New $693.00 Price Target at Mizuho

02 May 2026, 13:04 by Renee Jackson · The Cerbat Gem

Quanta Services (NYSE:PWR – Free Report) had its target price boosted by Mizuho from $580.00 to $693.00 in a research note published on Friday morning, Marketbeat Ratings reports. They currently have a neutral rating on the construction company’s stock.

Other analysts have also recently issued research reports about the stock. TD Cowen lifted their price target on shares of Quanta Services from $425.00 to $570.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Citigroup boosted their price target on shares of Quanta Services from $640.00 to $733.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Wolfe Research increased their price target on shares of Quanta Services from $477.00 to $576.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. Sanford C. Bernstein increased their price target on shares of Quanta Services from $515.00 to $538.00 in a research note on Wednesday, April 1st. Finally, Robert W. Baird increased their price target on shares of Quanta Services from $490.00 to $606.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. Eighteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Quanta Services currently has a consensus rating of “Moderate Buy” and an average target price of $650.73.

Check Out Our Latest Stock Report on Quanta Services

Quanta Services Trading Up 1.9%

Shares of NYSE PWR traded up $13.67 during trading hours on Friday, hitting $741.44. The company’s stock had a trading volume of 1,327,706 shares, compared to its average volume of 915,688. The business has a 50-day simple moving average of $578.99 and a 200-day simple moving average of $497.61. The stock has a market cap of $111.26 billion, a price-to-earnings ratio of 109.04, a P/E/G ratio of 3.30 and a beta of 1.24. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.09 and a current ratio of 1.14. Quanta Services has a 12 month low of $315.00 and a 12 month high of $742.33.

Quanta Services (NYSE:PWR – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The construction company reported $2.68 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.64. Quanta Services had a return on equity of 18.64% and a net margin of 3.67%.The business had revenue of $7.87 billion during the quarter, compared to analysts’ expectations of $7 billion. During the same quarter last year, the business posted $1.78 EPS. The business’s revenue was up 26.3% on a year-over-year basis. Quanta Services has set its FY 2026 guidance at 13.550-14.250 EPS. On average, analysts anticipate that Quanta Services will post 11.97 earnings per share for the current fiscal year.

Quanta Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Thursday, April 2nd were paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, April 2nd. Quanta Services’s dividend payout ratio is presently 6.47%.

Hedge Funds Weigh In On Quanta Services

Institutional investors and hedge funds have recently made changes to their positions in the business. Cedar Mountain Advisors LLC increased its stake in shares of Quanta Services by 321.4% during the fourth quarter. Cedar Mountain Advisors LLC now owns 59 shares of the construction company’s stock valued at $25,000 after purchasing an additional 45 shares in the last quarter. Activest Wealth Management raised its stake in Quanta Services by 94.1% during the third quarter. Activest Wealth Management now owns 66 shares of the construction company’s stock valued at $27,000 after buying an additional 32 shares during the last quarter. Flagship Harbor Advisors LLC bought a new stake in Quanta Services in the fourth quarter worth $28,000. Darwin Wealth Management LLC purchased a new stake in shares of Quanta Services in the second quarter worth $26,000. Finally, MV Capital Management Inc. bought a new position in shares of Quanta Services during the fourth quarter valued at $30,000. Institutional investors own 90.49% of the company’s stock.

Key Quanta Services News

Here are the key news stories impacting Quanta Services this week:

Positive Sentiment: Record Q1 results and guidance lift — Quanta reported $7.87B revenue and adjusted EPS $2.68 (well above estimates), disclosed record backlog/RPO and raised FY‑2026 guidance to $13.55–$14.25 EPS and ~$34.7–$35.2B revenue; this operational beat and higher outlook underpin the rally. PR Newswire: Q1 Results
Positive Sentiment: Top-line and execution coverage — multiple outlets highlight the EPS/revenue beat and raised outlook, signaling broad market recognition of stronger infrastructure demand and margin improvement. Zacks: Q1 Earnings Top Estimates
Positive Sentiment: Major broker upgrades/target hikes — Several firms raised price targets and kept/added outperform/overweight ratings (BMO to $800, Evercore to $800, JPMorgan to $805, Robert W. Baird to $777). These increases endorse the company’s growth trajectory and likely attract additional demand for the stock. MarketScreener: BMO MarketScreener: Evercore MarketScreener: JPMorgan
Neutral Sentiment: Market commentary and transcript coverage — Coverage from The Motley Fool, Seeking Alpha and other outlets explains the rally and details from the earnings call; useful for context but less likely to move price than hard results or broker actions. Fool: Why Quanta Is Powering Higher Seeking Alpha: Q1 Call Transcript
Negative Sentiment: One dissenting analyst view — Mizuho raised its target to $693 but kept a neutral rating; that PT sits below the current share price and could temper gains if investors focus on that lower valuation. MarketScreener: Mizuho

Quanta Services Company Profile

(Get Free Report)

Quanta Services, Inc is a leading specialty contractor that provides comprehensive infrastructure solutions for the electric power, pipeline and energy, and communications markets. Headquartered in Houston, Texas, the company delivers engineering, procurement, construction, installation, maintenance and repair services that support the development, modernization and ongoing operation of critical energy and communications networks.