Quanta Services sees growth amid data center demand surge
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 08 2026
0mins
Should l Buy PWR?
Source: Fool
Quanta Services Inc. shares rose 3.23% and reached a 52-week high amid strong market conditions.
The company benefits from a projected $500 billion capital expenditure by hyperscalers like Microsoft and Amazon, driving demand for its electric infrastructure solutions. Additionally, Quanta's recent acquisition of Cupertino Electric enhances its capabilities in the technology sector, contributing to a record backlog of $39.2 billion, indicating robust growth potential.
This surge in demand for data center infrastructure positions Quanta Services favorably in a rapidly evolving market, suggesting continued upward momentum in its stock performance.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy PWR?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on PWR
Wall Street analysts forecast PWR stock price to fall
17 Analyst Rating
12 Buy
5 Hold
0 Sell
Moderate Buy
Current: 525.130
Low
424.00
Averages
487.00
High
540.00
Current: 525.130
Low
424.00
Averages
487.00
High
540.00
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.
Quanta Services to Announce Q4 Earnings on February 19
- Earnings Announcement: Quanta Services is set to announce its Q4 earnings on February 19 before market open, with a consensus EPS estimate of $3.02, reflecting a 2.7% year-over-year increase, which could further solidify its profitability in the industry.
- Revenue Growth Expectations: The anticipated revenue for Q4 is $7.37 billion, representing a 12.5% year-over-year growth, indicating the company's sustained growth potential amid strong market demand, likely attracting more investor interest.
- Performance Beat Record: Over the past two years, Quanta Services has beaten EPS estimates 100% of the time and revenue estimates 75% of the time, showcasing its exceptional capabilities in financial management and market forecasting.
- Analyst Rating Upgrade: Recently, Quanta Services was upgraded to a “Buy” rating by Seaport and identified as a top large-cap power stock pick for 2026, reflecting market optimism regarding its future growth prospects.
See More
Quanta Services Q4 Earnings Exceed Expectations
- Earnings Beat: Quanta Services reported a Q4 non-GAAP EPS of $3.16, surpassing expectations by $0.14, which reflects the company's robust performance and boosts investor confidence.
- Significant Revenue Growth: The company achieved Q4 revenue of $7.84 billion, a 19.7% year-over-year increase, exceeding market expectations by $470 million, indicating strong competitiveness and sustained market demand.
- Optimistic Future Outlook: Quanta expects revenues for 2026 to range between $33.25 billion and $33.75 billion, significantly above the $31.49 billion consensus, demonstrating confidence in future growth prospects.
- Strong Cash Flow Projections: The anticipated free cash flow for 2026 is projected to be between $1.55 billion and $2.05 billion, further solidifying the company's financial health and supporting future investments and expansions.
See More
Stock Movers: Carvana, DoorDash, Figma, Etsy, eBay, Walmart, and Others
- Stock Market Outlook: Stock futures are indicating a downward trend on Thursday.
- Investor Concerns: Investors are closely monitoring the rise in oil prices.
- Geopolitical Tensions: The increase in oil prices is linked to ongoing tensions with Iran.
- Market Reactions: The combination of these factors is influencing investor sentiment and market performance.
See More
U.S. Markets Steady Upward, Energy Stocks Benefit
- Market Performance: The S&P 500 is attempting its first three-session win streak since late January, with solid gains indicating investor confidence in economic recovery, particularly in energy and technology sectors.
- Economic Data Surprises: New orders for manufactured durable goods rose 0.9% in December, surpassing the expected 0.3%, while January industrial production increased by 0.7%, exceeding forecasts of 0.4%, signaling accelerating economic activity.
- Alphabet AI Innovation: Alphabet's launch of the Lyria 3 generative music model allows users to create 30-second tracks via the Gemini app, enhancing the quality of YouTube Shorts soundtracks and potentially attracting more creators to the platform.
- Earnings Season Approaches: Companies like DoorDash and Carvana will report quarterly earnings after Wednesday's close, while Walmart and Quanta Services will announce results before Thursday's open, with the market closely watching the impact of these reports on stock performance.
See More
Market Movers: Norwegian Cruise Line, Masimo, Paramount Skydance, Infosys, ZIM, and Others
- Market Overview: Stock futures experienced a decline on Tuesday.
- Investor Behavior: Investors are continuing to sell off tech stocks.
- Trend Continuation: The selloff in tech stocks is part of a recent trend.
- Market Sentiment: Overall investor sentiment appears to be negative.
See More
Key Companies to Monitor This Week: PCE, Walmart, Palo Alto, Analog Devices, Deere, and Others
- Market Performance: Equities experienced a decline last week, with all three major indexes falling by at least 1.2%.
- Economic Indicators: This downturn occurred despite a better-than-expected jobs report from the Bureau of Labor Statistics and a relatively stable inflation report.
See More
Quanta Services to Announce Q4 Earnings on February 19
- Earnings Announcement: Quanta Services is set to announce its Q4 earnings on February 19 before market open, with a consensus EPS estimate of $3.02, reflecting a 2.7% year-over-year increase, which could further solidify its profitability in the industry.
- Revenue Growth Expectations: The anticipated revenue for Q4 is $7.37 billion, representing a 12.5% year-over-year growth, indicating the company's sustained growth potential amid strong market demand, likely attracting more investor interest.
- Performance Beat Record: Over the past two years, Quanta Services has beaten EPS estimates 100% of the time and revenue estimates 75% of the time, showcasing its exceptional capabilities in financial management and market forecasting.
- Analyst Rating Upgrade: Recently, Quanta Services was upgraded to a “Buy” rating by Seaport and identified as a top large-cap power stock pick for 2026, reflecting market optimism regarding its future growth prospects.
See More
Quanta Services Q4 Earnings Exceed Expectations
- Earnings Beat: Quanta Services reported a Q4 non-GAAP EPS of $3.16, surpassing expectations by $0.14, which reflects the company's robust performance and boosts investor confidence.
- Significant Revenue Growth: The company achieved Q4 revenue of $7.84 billion, a 19.7% year-over-year increase, exceeding market expectations by $470 million, indicating strong competitiveness and sustained market demand.
- Optimistic Future Outlook: Quanta expects revenues for 2026 to range between $33.25 billion and $33.75 billion, significantly above the $31.49 billion consensus, demonstrating confidence in future growth prospects.
- Strong Cash Flow Projections: The anticipated free cash flow for 2026 is projected to be between $1.55 billion and $2.05 billion, further solidifying the company's financial health and supporting future investments and expansions.
See More
Stock Movers: Carvana, DoorDash, Figma, Etsy, eBay, Walmart, and Others
- Stock Market Outlook: Stock futures are indicating a downward trend on Thursday.
- Investor Concerns: Investors are closely monitoring the rise in oil prices.
- Geopolitical Tensions: The increase in oil prices is linked to ongoing tensions with Iran.
- Market Reactions: The combination of these factors is influencing investor sentiment and market performance.
See More
U.S. Markets Steady Upward, Energy Stocks Benefit
- Market Performance: The S&P 500 is attempting its first three-session win streak since late January, with solid gains indicating investor confidence in economic recovery, particularly in energy and technology sectors.
- Economic Data Surprises: New orders for manufactured durable goods rose 0.9% in December, surpassing the expected 0.3%, while January industrial production increased by 0.7%, exceeding forecasts of 0.4%, signaling accelerating economic activity.
- Alphabet AI Innovation: Alphabet's launch of the Lyria 3 generative music model allows users to create 30-second tracks via the Gemini app, enhancing the quality of YouTube Shorts soundtracks and potentially attracting more creators to the platform.
- Earnings Season Approaches: Companies like DoorDash and Carvana will report quarterly earnings after Wednesday's close, while Walmart and Quanta Services will announce results before Thursday's open, with the market closely watching the impact of these reports on stock performance.
See More
Market Movers: Norwegian Cruise Line, Masimo, Paramount Skydance, Infosys, ZIM, and Others
- Market Overview: Stock futures experienced a decline on Tuesday.
- Investor Behavior: Investors are continuing to sell off tech stocks.
- Trend Continuation: The selloff in tech stocks is part of a recent trend.
- Market Sentiment: Overall investor sentiment appears to be negative.
See More
Key Companies to Monitor This Week: PCE, Walmart, Palo Alto, Analog Devices, Deere, and Others
- Market Performance: Equities experienced a decline last week, with all three major indexes falling by at least 1.2%.
- Economic Indicators: This downturn occurred despite a better-than-expected jobs report from the Bureau of Labor Statistics and a relatively stable inflation report.
See More
