Quanta Services, Inc. (PWR)
NYSE: PWR · Real-Time Price · USD
328.41
+5.82 (1.80%)
Dec 20, 2024, 4:00 PM EST - Market closed
Quanta Services Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Quanta Services stock have an average target of 322.86, with a low estimate of 250 and a high estimate of 399. The average target predicts a decrease of -1.69% from the current stock price of 328.41.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for PWR stock from 16 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 7 | 7 | 8 | 8 | 8 |
| Buy | 2 | 3 | 4 | 4 | 4 | 4 |
| Hold | 2 | 2 | 3 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 12 | 14 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $358 → $399 | Strong Buy | Maintains | $358 → $399 | +21.49% | Dec 19, 2024 |
| Stifel | Stifel | Strong Buy Maintains $343 → $374 | Strong Buy | Maintains | $343 → $374 | +13.88% | Dec 11, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $348 → $394 | Strong Buy | Maintains | $348 → $394 | +19.97% | Dec 9, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Reiterates $280 → $328 | Buy | Reiterates | $280 → $328 | -0.12% | Nov 1, 2024 |
| Baird | Baird | Buy Maintains $320 → $333 | Buy | Maintains | $320 → $333 | +1.40% | Nov 1, 2024 |
Financial Forecast
Revenue This Year
23.95B
from 20.88B
Increased by 14.71%
Revenue Next Year
26.91B
from 23.95B
Increased by 12.35%
EPS This Year
8.75
from 5.00
Increased by 75.09%
EPS Next Year
10.28
from 8.75
Increased by 17.39%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 25.1B | 28.7B | 32.5B | |||
| Avg | 24.0B | 26.9B | 29.5B | |||
| Low | 23.1B | 25.1B | 27.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 20.3% | 19.9% | 20.8% | |||
| Avg | 14.7% | 12.4% | 9.7% | |||
| Low | 10.8% | 4.9% | 3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 9.28 | 11.34 | 13.16 | |||
| Avg | 8.75 | 10.28 | 11.75 | |||
| Low | 8.42 | 9.37 | 9.38 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 85.6% | 29.5% | 28.0% | |||
| Avg | 75.1% | 17.4% | 14.4% | |||
| Low | 68.4% | 7.0% | -8.7% |
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.