UBS raises Quanta Services stock price target on backlog growth
#Quanta Services#UBS#Price Target#Backlog Growth#Stock Performance#Infrastructure Solutions#Mergers and Acquisitions#Analyst Ratings
📌 Key Takeaways
UBS raised Quanta Services price target to $646 from $518
Quanta Services showed better-than-expected backlog growth in Q4
The stock has surged 97% over the past year and is up 31% year-to-date
Multiple other financial firms have also raised their price targets for Quanta Services
Major programs in electric grid represent potential upside to earnings estimates
📖 Full Retelling
UBS raised its price target on Quanta Services (NYSE:PWR) to $646 from $518 on Thursday while maintaining a Buy rating on the shares, citing better-than-expected backlog growth across multiple business segments in the company's fourth-quarter results. The infrastructure solutions provider has seen its stock surge 97% over the past year, currently trading at $557.34 near its 52-week high of $554.64, with shares up 31% year-to-date. UBS emphasized that mergers and acquisitions remain a core component of Quanta's strategy, which continues to drive upside to financial projections as the company positions itself as an integrated solutions provider leveraging a skilled workforce at scale. The analyst firm noted that Quanta has consistently delivered double-digit growth by executing on its stated strategy, with the positive market reaction to fourth-quarter results attributed to broad-based backlog expansion and acquisition activity. Despite the strong momentum, InvestingPro analysis suggests the stock appears overvalued relative to its Fair Value estimate, trading at a P/E ratio of 80.41. UBS also highlighted that major programs in electric grid and power generation are not yet in backlog but are approaching realization within a reasonable investment time horizon, representing potential upside to earnings estimates.
Quanta Services is a U.S. corporation that provides infrastructure services for the electric power, pipeline, industrial and communications industries. Its capabilities include planning, design, installation, program management, maintenance and repair of most types of network infrastructure. The com...
Multinational investment bank headquartered in Switzerland
UBS Group AG (stylized simply as UBS) is a Swiss multinational investment bank and financial services firm founded and based in Switzerland, with headquarters in both Zurich and Basel. It holds a strong foothold in all major financial centres as the largest Swiss banking institution and the world's ...
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry U.S. Supreme Court strikes down Trump’s emergency tariffs Gold prices edge higher; U.S.-Iran tensions prompt weekly gains U.S. military operation in Iran "likely at this stage," Raymond James says This is the key question for the U.S. economy in 2026 (South Africa Philippines Nigeria) UBS raises Quanta Services stock price target on backlog growth By Investing.com Analyst Ratings Published 02/20/2026, 11:25 AM UBS raises Quanta Services stock price target on backlog growth 0 PWR 0.08% Investing.com - UBS raised its price target on Quanta Services (NYSE:PWR) to $646 from $518 on Thursday while maintaining a Buy rating on the shares. The firm increased its estimates for the company following fourth-quarter results that showed better-than-expected backlog growth across multiple business segments. Quanta Services provides infrastructure solutions to utilities, technology companies, and other markets.The stock has surged 97% over the past year and trades at $557.34, near its 52-week high of $554.64, according to InvestingPro data. The shares are up 31% year-to-date. UBS noted that mergers and acquisitions remain a core component of Quanta’s strategy and continue to drive upside to financial projections. The company has positioned itself as an integrated solutions provider leveraging a skilled workforce at scale. The analyst firm said Quanta Services has consistently delivered double-digit growth by executing on its stated strategy. The positive market reaction to fourth-quarter results was partly attributed to broad-based backlog expansion and acquisition activity.Despite the strong momentum, InvestingPro analysis suggests the stock appears overvalued relative to its Fair Value estimate. The company trades at a P/E ratio of 80.41. For deeper insights, investors can access one of 18 additional InvestingPro Tips and a comprehensive Pro Research Report available for PWR. UBS said major programs in electric grid and p...
