Quanta Services, Inc. has reported fourth-quarter revenue of $7.84 billion, surpassing consensus estimates, alongside an adjusted EPS of $3.16. The company forecasts revenues between $33.25 billion and $33.75 billion for 2026, supported by a record backlog of $44 billion and significant workforce expansions. Analyst upgrades, including Truist raising its price target to $643, reflect investor confidence as Quanta continues to perform strongly in the market with a year-to-date return of 30.1%.
“Quanta Services, Inc. (NYSE:PWR) · provides infrastructure solutions to · the electric and gas utility, power generation, communications, pipeline, and energy industries”
“Quanta Services, Inc. · reports results under · two reportable segments: Electric Infrastructure Solutions and Underground Utility and Infrastructure Solutions · starting from the first quarter of 2025”