Stifel raises Quanta Services stock price target on strong results
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Quanta Services
American infrastructure services corporation
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...
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Dystopian AI report sinks payment and software stocks Gold prices rise on Trump tariff jitters; Russia sold gold holding in January Dow slides 700 points on Trump tariff turmoil, Nasdaq falls on AI research report Trump’s new 15% tariff raises fresh legal and trade questions (South Africa Philippines Nigeria) Stifel raises Quanta Services stock price target on strong results By Investing.com Analyst Ratings Published 02/23/2026, 11:30 AM Stifel raises Quanta Services stock price target on strong results 0 PWR -0.45% Investing.com - Stifel raised its price target on Quanta Services stock (NYSE:PWR) to $647 from $517 while maintaining a Buy rating on Monday. The firm cited fourth-quarter 2025 results that exceeded expectations, driven by strength in the Electric segment and completed acquisitions. The deals included Tri-City for inside electrical work, Wilson for transmission and distribution, and Billings for helicopter services.The strong performance has pushed the stock to trade near its 52-week high of $565.93, with shares delivering a remarkable 105% return over the past year. Yet InvestingPro data suggests the stock is currently overvalued relative to its Fair Value, placing it among companies on the Most Overvalued list. Organic revenue grew 11% in the quarter, with Electric revenue up 17% and Underground revenue down 14%. Total backlog increased 27% year-over-year, or 22% organically, while orders rose 77% year-over-year, or 54% organically. The company’s 2026 revenue guidance came in approximately $2 billion above consensus at the midpoint, primarily due to the fourth-quarter deals contributing $1.7 billion to $1.9 billion. Adjusted earnings per share guidance for 2026 also exceeded consensus by $0.62 at the midpoint, with the acquisitions adding $0.40 to $0.50. Stifel said the acceleration in organic awards supports a positive outlook for 2026, citing upward trends in load growth driving utility inves...
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