WallStSmart
PWR

Quanta Services Inc

NYSE: PWR · INDUSTRIALS · ENGINEERING & CONSTRUCTION

$727.77
+15.78% today

Updated 2026-04-30

Market cap
$93.76B
P/E ratio
91.75
P/S ratio
3.29x
EPS (TTM)
$6.81
Dividend yield
0.06%
52W range
$281 – $639
Volume
1.1M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Quanta Services Inc (PWR) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$727.77
Consensus
$543.00
-25.39%
2030 Target
$4,036.54
+454.65%
DCF
—
—
22 analysts:
15 Buy7 Hold1 Sell

Management guidance

At 2026 Investor Day, management outlined ambitious long-term targets: $37.5B revenue and $1.7B in earnings by 2028. This implies ~32% cumulative growth from 2025 ($28.48B) through 2028, driven by grid modernization, data center power demand, and expanded power/technology capabilities. For 2026, company guided to $33.25B-$33.75B (midpoint $33.5B), representing ~17.5% YoY growth.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$6,671.50
$50.0B Rev × 20x P/S
Base case (2030)
$4,036.54
$50.0B Rev × 12x P/S
Bear case (2030)
$2,691.02
$50.0B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$20.9B$23.7B$28.4B$33.5B$37.5B$41.3B$45.4B$50.0B
Revenue growth—13.4%19.8%17.5%11.9%10.0%10.0%10.1%
EPS$7.17$8.97$10.75$13.22$15.43$17.89$20.12$22.50
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$2,691.02$3,027.40$3,307.72$3,644.10$4,036.54

Catalysts & risks

Growth catalysts
+ AI data center electrification boom ($1.4T needed by 2030 for infrastructure)
+ Grid modernization and renewable energy integration secular tailwinds
+ Record backlog conversion into revenue (90%+ institutional ownership signals confidence)
+ Potential M&A to expand power/technology capabilities
+ Continued utility and hyperscaler capex commitments
Key risks
- Project execution delays or cost overruns on mega-projects
- Data center build schedule compression or postponement
- Supply chain constraints and labor availability
- Valuation compression if growth decelerates below 15% CAGR
- Tariff or regulatory changes impacting infrastructure spending

Methodology

Quanta Services Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 22 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.