Headquartered in Houston, TX Fiscal year ends December NYSE: PWR quantaservices.com
Quanta Services (NYSE: PWR) provides specialized infrastructure solutions to the utility, power generation, load center (including data centers and other technology infrastructure), communications, pipeline and energy industries. Its services include designing, installing, repairing and maintaining energy, load center and communications infrastructure. It relies on a large craft-skilled, self-perform workforce that can be redeployed across end markets.
The company reports two segments:
- Electric: about 82% of Q3 2026 revenue. Covers electric transmission and distribution, grid modernization and hardening, renewable and other power generation, and related supply chain solutions.
- Underground and Infrastructure: covers pipeline, industrial and energy infrastructure services.
Much of its work is performed under master service agreements and fixed-price or unit-priced contracts, supporting a large backlog. Quanta grows actively through acquisitions, completing five in the first nine months of 2026 and eight in 2025. Recent additions expand its engineering, fabrication and steel monopole manufacturing capabilities. It operates throughout the United States, Canada, Australia and select other international markets. Updated
Backlog hit a record $63.7 billion, the clearest read yet on how much grid and data center work is still ahead. Quanta topped expectations on both lines and raised full-year guidance across every metric, with management flagging double-digit adjusted EPS growth in 2027.
A 6.5% drop wipes roughly $5 billion off an $82.5 billion infrastructure services leader in a single session, a rare one-day swing for this name after its big run this year. Worth watching whether buyers step in near these levels.
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Quanta Services (NYSE: PWR) provides specialized infrastructure solutions to the utility, power generation, load center (including data centers and other technology infrastructure), communications, pipeline and energy industries.
24/7 Wall St.'s 12-month price target for PWR is $777.28, rated Buy. The Wall Street consensus target is $765.87. PWR price prediction →
