Quanta Services, Inc. (PWR) earnings on April 30, 2026
More Quanta Services, Inc. earnings
Prior outlook: Pessimistic Outcome: Missed
The stock price surged significantly after the earnings announcement, ending the day up 15.76%. This indicates a very positive market reaction.
PWR price around the earnings
727.68
Change: +15.8%
2026-04-30, 19:59 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- Market open
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Missed
Analysts cautious — risk outweighs reward.
While the stock has strong momentum and positive news regarding AI, analysts have not raised their price targets, and too many investors are already optimistic. This suggests the potential for further gains may be limited.
Context analyzed before publication
- Summary
- Analysts cautious — risk outweighs reward.
- Reasoning
- While the stock has strong momentum and positive news regarding AI, analysts have not raised their price targets, and too many investors are already optimistic. This suggests the scenario for further gains may be limited.
- Playbook
- The stock appears to be fully valued with limited upside potential and crowded sentiment. The scenario suggests caution until the situation becomes more favorable.
- Trend
- Momentum fading, outlook deteriorating.
Analysts
Drivers
-
Analysts
Negative
Despite a general 'Buy' rating, the projected price targets show no room for growth, indicating a lack of safety. Recent price target increases are not enough to overcome this limited potential.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.7
- Analysts covering the stock
- 24
- Average price target
- 600.67
- Lowest price target
- 380
- Highest price target
- 713
- Upside to price target
- -0.9%
- Quarterly earnings growth
- 3.4%
- Revenue growth
- 19.7%
- Forward EPS
- 15.39
- Trailing EPS
- 6.79
- Analyst moves in the last 60 days
- 7
- Strong buy: 1
- Buy: 18
- Hold: 7
- Sell: 1
- Strong sell: 0
- Strong buy
- 1
- Buy
- 18
- Hold
- 7
- Sell
- 1
- Strong sell
- 0
- April 20, 2026 · Truist Securities: Maintains rating (Buy → Buy)
- April 1, 2026 · Evercore ISI Group: Maintains rating (Outperform → Outperform)
- March 30, 2026 · Mizuho: Maintains rating (Neutral → Neutral)
- March 27, 2026 · BMO Capital: Upgrades rating (Market Perform → Outperform)
- February 24, 2026 · Jefferies: Maintains rating (Buy → Buy)
- February 24, 2026 · Goldman Sachs: Maintains rating (Buy → Buy)
- February 24, 2026 · Mizuho: Maintains rating (Neutral → Neutral)
News and sentiment
Drivers
-
News & sentiment
Negative
A high level of online optimism and positive news about AI suggest that many investors are already involved. This crowded situation increases the risk of disappointment if the stock does not meet high expectations.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (6)
- Truist Securities Maintains Buy on Quanta Services, Raises Price Target to $713 — Benzinga
- Evercore ISI Group Maintains Outperform on Quanta Services, Raises Price Target to $635 — Benzinga
- Mizuho Maintains Neutral on Quanta Services, Raises Price Target to $580 — Benzinga
- $100 Invested In Quanta Services 10 Years Ago Would Be Worth This Much Today — Benzinga
- This Argan Analyst Turns Bullish; Here Are Top 3 Upgrades For Friday — Benzinga
- BMO Capital Upgrades Quanta Services to Outperform, Raises Price Target to $650 — Benzinga
Technicals
Drivers
-
Technical
Positive
The stock has shown strong upward trends in both the short and medium term, outperforming the broader market. However, its extended position heading into earnings reduces any buffer for potential negative surprises.
Evidence
- Average true range (ATR)
- 2.3%
- Distance to 52-week high
- -0.9%
- 14-day change (14d)
- +8.2%
- 30-day change
- +7.5%
- 30-day relative strength
- +3.7%
- Benchmark change
- +3.8%
- Nearest support
- 523.2
- Nearest resistance
- 611.64
- Volume accumulation ratio
- 0.84
Trends
Evidence
- Average earnings surprise
- +3.7%
- February 19, 2026: actual EPS 3.16 vs estimate 3.02 (surprise +4.7%)
- October 30, 2025: actual EPS 3.33 vs estimate 3.26 (surprise +2.2%)
- July 31, 2025: actual EPS 2.48 vs estimate 2.45 (surprise +1.1%)
- May 1, 2025: actual EPS 1.78 vs estimate 1.66 (surprise +6.9%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 3.7%
- 75th percentile move
- 7.1%
- 90th percentile move
- 10%
- Up / down moves
- 10 / 9
- Average up move
- +6.6%
- Average down move
- -2.3%
Monitoring and close
What Quanta Services, Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Missed
- Consolidated
- +15.8%
- Max favorable move (MFE)
- 0%
- Max adverse move (MAE)
- 15.9%