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Quanta Services, Inc. (PWR)
NYSE: PWR · IEX Real-Time Price · USD
258.56
-6.15 (-2.32%)
At close: Jul 19, 2024, 4:00 PM
258.88
+0.32 (0.12%)
Pre-market: Jul 22, 2024, 4:02 AM EDT

Quanta Services Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Quanta Services stock have an average target of 287.5, with a low estimate of 252 and a high estimate of 310. The average target predicts an increase of 11.19% from the current stock price of 258.56.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $252 $287.5 $288 $310
Change -2.54% +11.19% +11.39% +19.89%

Analyst Ratings

The average analyst rating for PWR stock from 10 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 455666
Buy 655332
Hold 222222
Sell 000000
Strong Sell 000000
Total 121212111110

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Andrew Wittmann
Baird
 Baird
Buy
Maintains
$287 → $288
 Buy Maintains $287 → $288 +11.39% Jul 19, 2024
John Staszak
Argus Research
 Argus Research
Strong Buy
Maintains
$285 → $310
 Strong Buy Maintains $285 → $310 +19.89% May 30, 2024
Atidrip Modak
Goldman Sachs
 Goldman Sachs
Strong Buy
Maintains
$259 → $286
 Strong Buy Maintains $259 → $286 +10.61% May 28, 2024
Durgesh Chopra
Evercore ISI Group
 Evercore ISI Group
Buy
Maintains
$255 → $288
 Buy Maintains $255 → $288 +11.39% May 7, 2024
Brent Thielman
DA Davidson
 DA Davidson
Hold
Maintains
n/a
 Hold Maintains n/a n/a May 7, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
23.01B
from 20.88B
Increased by 10.17%
Revenue Next Year
25.07B
from 23.01B
Increased by 8.97%
EPS This Year
8.52
from 5.00
Increased by 70.33%
EPS Next Year
9.82
from 8.52
Increased by 15.30%
Year 2019202020212022202320242025202620272028
Revenue
12.11B11.20B12.98B17.07B20.88B23.01B25.07B27.27B30.05B32.50B
Revenue Growth
8.42%-7.51%15.87%31.54%22.30%10.17%8.97%8.79%10.16%8.18%
EPS
2.733.073.343.325.008.529.8211.1312.6613.89
EPS Growth
43.68%12.45%8.79%-0.60%50.60%70.33%15.30%13.32%13.73%9.74%
Forward PE
-----30.3626.3323.2420.4318.62
No. Analysts -----2120833
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 24.1B 26.9B 30.1B 33.7B 36.9B
Avg 23.0B 25.1B 27.3B 30.0B 32.5B
Low 22.0B 23.9B 25.6B 27.4B 29.2B

Revenue Growth

Revenue Growth 20242025202620272028
High
15.4%
17.1%
20.2%
23.5%
22.9%
Avg
10.2%
9.0%
8.8%
10.2%
8.2%
Low
5.3%
3.7%
2.0%
0.3%
-2.9%

EPS Forecast

EPS 20242025202620272028
High 9.03 10.92 12.44 14.10 15.59
Avg 8.52 9.82 11.13 12.66 13.89
Low 8.08 9.07 9.38 11.40 12.40

EPS Growth

EPS Growth 20242025202620272028
High
80.6%
28.2%
26.7%
26.7%
23.2%
Avg
70.3%
15.3%
13.3%
13.7%
9.7%
Low
61.7%
6.4%
-4.4%
2.4%
-2.0%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.