Quanta Services (PWR) has experienced a notable price increase of 3.21%, reaching a 20-day high. This surge in price coincides with a significant rise in options trading volume, which has reached 9,912 contracts today, equating to approximately 991,200 shares, indicating strong market interest.
The high options volume reflects investor expectations, particularly with the $410 strike put option seeing 3,004 contracts traded, suggesting some investors are anticipating potential price declines in the future. This activity highlights a mixed sentiment in the market, as while there is strong interest in options, the presence of put options indicates caution among some investors.
The implications of this options activity could suggest that while PWR is currently performing well, there may be underlying concerns about future price movements. Investors will be watching closely to see how this dynamic unfolds in the coming days.
Wall Street analysts forecast PWR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PWR is 487.00 USD with a low forecast of 424.00 USD and a high forecast of 540.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
17 Analyst Rating
Wall Street analysts forecast PWR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PWR is 487.00 USD with a low forecast of 424.00 USD and a high forecast of 540.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Buy
5 Hold
0 Sell
Moderate Buy
Current: 481.280
Low
424.00
Averages
487.00
High
540.00
Current: 481.280
Low
424.00
Averages
487.00
High
540.00
Stifel
Buy
maintain
$495 -> $517
2026-01-26
New
Reason
Stifel
Price Target
$495 -> $517
AI Analysis
2026-01-26
New
maintain
Buy
Reason
Stifel raised the firm's price target on Quanta Services to $517 from $495 and keeps a Buy rating on the shares. The firm sees opportunity for its electrical and mechanical contractor coverage to outperform consensus expectations in Q4, noting that its survey work found that overall activity improved sequentially and was ahead of expectations, the analyst tells investors.
Citi
Buy
maintain
$526 -> $540
2026-01-26
New
Reason
Citi
Price Target
$526 -> $540
2026-01-26
New
maintain
Buy
Reason
Citi raised the firm's price target on Quanta Services to $540 from $526 and keeps a Buy rating on the shares. The firm adjusted targets in the engineering and construction space ahead of the Q4 reports. Most in the group should report solid Q4 results with initial 2026 outlooks inline with consensus expectations, the analyst tells investors in a research note. Citi continues to preview companies with exposure to growing data center spending.
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Cantor Fitzgerald
Overweight
initiated
$520
2026-01-23
Reason
Cantor Fitzgerald
Price Target
$520
2026-01-23
initiated
Overweight
Reason
Cantor Fitzgerald initiated coverage of Quanta Services with an Overweight rating and $520 price target. The Engineering & Construction sector is entering a multi-year investment cycle fueled by grid modernization, electrification, energy transition initiatives, and rising power demand from data centers and reshoring, while increasing utility capex is driving record backlogs, offering strong near-term revenue visibility and a durable long-term project pipeline, the analyst tells investors in a research note. Quanta Services is essential for a multi-year cycle of grid modernization, electrification, and rising power demand, Cantor says.
Seaport Research
Tom Curran
Neutral -> Buy
upgrade
$503
2026-01-09
Reason
Seaport Research
Tom Curran
Price Target
$503
2026-01-09
upgrade
Neutral -> Buy
Reason
Seaport Research analyst Tom Curran upgraded Quanta Services to Buy from Neutral with a $503 price target. The firm also designated the stock its top large-cap pick for 2026. Quanta should benefit from greater focus on the U.S. power supercycle's "tight" skilled labor market, growth in its Electric division, and acquisition synergies, the analyst tells investors in a research note.
About PWR
Quanta Services, Inc. provides specialized infrastructure solutions to the utility, renewable energy, technology, communications, pipeline, and energy industries in the United States, Canada, Australia and other international markets. Its segments include Electric Infrastructure Solutions (Electric) and Underground Utility and Infrastructure Solutions (Underground and Infrastructure). Electric provides comprehensive services for electric power, renewable energy, technology and communications markets. Services include design, procurement, new construction, upgrade and repair and maintenance services for electric power transmission and distribution infrastructure, both overhead and underground, and substation facilities, along with other engineering and technical services. The Underground and Infrastructure provides comprehensive infrastructure solutions to customers involved in the transportation, distribution, storage, development and processing of natural gas, oil and other products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.