Quanta Services, Inc. (PWR)
NYSE: PWR · IEX Real-Time Price · USD
243.26
-2.42 (-0.99%)
At close: Apr 19, 2024, 4:00 PM
242.17
-1.09 (-0.45%)
After-hours: Apr 19, 2024, 7:24 PM EDT
Quanta Services Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Quanta Services stock have an average target of 233.91, with a low estimate of 186 and a high estimate of 301. The average target predicts a decrease of -3.84% from the current stock price of 243.26.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 14, 2024.
Analyst Ratings
The average analyst rating for PWR stock from 12 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 5 | 5 |
| Buy | 5 | 5 | 5 | 6 | 5 | 5 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 11 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Initiates $301 | Strong Buy | Initiates | $301 | +23.74% | Mar 14, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $190 → $225 | Hold | Maintains | $190 → $225 | -7.51% | Feb 28, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $227 → $259 | Strong Buy | Maintains | $227 → $259 | +6.47% | Feb 26, 2024 |
| Stifel | Stifel | Strong Buy Maintains $237 → $252 | Strong Buy | Maintains | $237 → $252 | +3.59% | Feb 23, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Initiates $237 | Buy | Initiates | $237 | -2.57% | Feb 13, 2024 |
Financial Forecast
Revenue This Year
22.83B
from 20.88B
Increased by 9.33%
Revenue Next Year
24.84B
from 22.83B
Increased by 8.80%
EPS This Year
8.44
from 5.00
Increased by 68.78%
EPS Next Year
9.68
from 8.44
Increased by 14.71%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.9B | 26.8B | 29.9B | 30.8B | 32.2B |
| Avg | 22.8B | 24.8B | 27.1B | 29.1B | 31.0B |
| Low | 21.9B | 23.0B | 24.9B | 27.8B | 30.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.5% | 17.3% | 20.3% | 13.4% | 10.8% |
| Avg | 9.3% | 8.8% | 9.2% | 7.3% | 6.6% |
| Low | 5.1% | 0.9% | 0.2% | 2.3% | 3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.05 | 11.08 | 12.42 | 12.72 | 13.86 |
| Avg | 8.44 | 9.68 | 10.92 | 11.94 | 13.33 |
| Low | 8.04 | 8.87 | 9.38 | 11.31 | 12.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 81.0% | 31.3% | 28.3% | 16.4% | 16.0% |
| Avg | 68.8% | 14.7% | 12.8% | 9.3% | 11.6% |
| Low | 60.7% | 5.2% | -3.1% | 3.5% | 8.3% |
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.