Quanta Services, Inc. (PWR)
NYSE: PWR · Real-Time Price · USD
313.43
+0.07 (0.02%)
Oct 29, 2024, 4:00 PM EDT - 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 307.71, with a low estimate of 250 and a high estimate of 367. The average target predicts a decrease of -1.82% from the current stock price of 313.43.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 7 | 7 | 8 |
| Buy | 3 | 3 | 2 | 3 | 4 | 4 |
| Hold | 2 | 2 | 2 | 2 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 10 | 12 | 14 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $313 → $367 | Strong Buy | Maintains | $313 → $367 | +17.09% | Oct 23, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $280 → $335 | Strong Buy | Maintains | $280 → $335 | +6.88% | Oct 15, 2024 |
| Stifel | Stifel | Strong Buy Maintains $283 → $342 | Strong Buy | Maintains | $283 → $342 | +9.12% | Oct 10, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $319 → $358 | Strong Buy | Maintains | $319 → $358 | +14.22% | Oct 9, 2024 |
| JP Morgan | JP Morgan | Hold Initiates $297 | Hold | Initiates | $297 | -5.24% | Oct 7, 2024 |
Financial Forecast
Revenue This Year
24.06B
from 20.88B
Increased by 15.23%
Revenue Next Year
27.10B
from 24.06B
Increased by 12.62%
EPS This Year
8.72
from 5.00
Increased by 74.41%
EPS Next Year
10.26
from 8.72
Increased by 17.61%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 25.2B | 29.4B | 33.1B | ||
| Avg | 24.1B | 27.1B | 29.7B | ||
| Low | 23.2B | 24.3B | 25.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.9% | 22.3% | 22.2% | ||
| Avg | 15.2% | 12.6% | 9.8% | ||
| Low | 11.0% | 1.2% | -4.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.54 | 11.89 | 13.58 | ||
| Avg | 8.72 | 10.26 | 11.82 | ||
| Low | 8.31 | 9.23 | 9.38 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 90.9% | 36.3% | 32.4% | ||
| Avg | 74.4% | 17.6% | 15.2% | ||
| Low | 66.2% | 5.9% | -8.5% |
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.