70/100BQuanta Services stock forecast 2026–2030What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Quanta Services is 792.38, 33.5% above the current price of 593.71. Their targets range from 684.00 to 960.00.
Of the 19 firms that rated Quanta Services in the past 12 months, 15 rate it buy or strong buy, 4 hold and 0 sell or strong sell (each firm at its latest rating): a Buy consensus.
Analysts' 1-year price targets range from 684.00 to 960.00, with an average of 792.38.
| Buy | 15 | |
| Hold | 4 | |
| Sell | 0 |
12-month price target
| Highest target | 960.00 |
| Average target | 792.38 |
| Lowest target | 684.00 |
| Current price | 593.71 |
Quanta Services price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Quanta Services price target and rating?
How analysts rate Quanta Services, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
15 of 19 firms rate it buy now, against 10 of 15 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Quanta Services analyst upgrades, downgrades and price targets
The latest rating change came on 24 September 2026, when Bernstein upgraded Quanta Services from Market Perform to Outperform. Its price target is 775.00, from 748.00. The most recent new target came from Jefferies on 2 November 2026: 760.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 2 Nov 2026 | Jefferies Julian Dumoulin-Smith | — | 833.00 → 760.00 | -8.8% | 620.51 |
| 29 Oct 2026 | Raymond James | — | 830.00 | — | 635.18 |
| 27 Oct 2026 | Truist Financial Jamie Cook | Reiterated · Buy | 940.00 → 960.00 | +2.1% | 563.93 |
| 22 Oct 2026 | Goldman Sachs | — | 685.00 → 781.00 | +14.0% | 601.14 |
| 7 Oct 2026 | Mizuho Securities | — | 741.00 → 684.00 | -7.7% | 719.56 |
| 5 Oct 2026 | Cantor Fitzgerald Manish Somaiya | — | 630.00 → 862.00 | +36.8% | 676.56 |
| 28 Sept 2026 | Piper Sandler | Reiterated · Overweight | 731.00 → 714.00 | -2.3% | 649.13 |
| 24 Sept 2026 | Bernstein Chad Dillard | Upgraded · Market Perform → Outperform | 748.00 → 775.00 | +3.6% | 634.90 |
| 8 Sept 2026 | Piper Sandler | — | 731.00 | — | 639.05 |
| 13 Aug 2026 | Jefferies Julian Dumoulin-Smith | — | 784.00 → 833.00 | +6.3% | 681.04 |
| 7 Aug 2026 | KeyBanc Sangita Jain | Upgraded · Sector Weight → Overweight | 807.00 | — | 667.84 |
| 5 Aug 2026 | Argus Research | — | 540.00 → 800.00 | +48.1% | 697.56 |
| 3 Aug 2026 | Mizuho Securities Maheep Mandloi | Reiterated · Neutral | 645.00 → 741.00 | +14.9% | 667.36 |
| 31 Jul 2026 | Bernstein Chad Dillard | — | 428.00 → 748.00 | +74.8% | 666.66 |
| 31 Jul 2026 | Guggenheim Joseph Osha | — | 800.00 | — | 672.18 |
| 31 Jul 2026 | Robert W. Baird | — | 777.00 → 728.00 | -6.3% | 657.98 |
| 21 Jul 2026 | JP Morgan | Downgraded · Overweight → Neutral | — | — | — |
| 20 Jul 2026 | Mizuho Securities | — | 693.00 → 645.00 | -6.9% | 628.53 |
| 10 Jul 2026 | Jefferies | Reiterated · Buy | 634.00 → 784.00 | +23.7% | 659.99 |
| 2 Jul 2026 | Truist Financial | Reiterated · Buy | 851.00 → 940.00 | +10.5% | 691.40 |
| 28 May 2026 | Oppenheimer | Upgraded · Perform → Outperform | 800.00 | — | 733.62 |
| 4 May 2026 | UBS | Reiterated · Buy | 413.00 → 900.00 | +117.9% | 753.25 |
| 1 May 2026 | Stifel Nicolaus Brian Brophy | — | 654.00 → 784.00 | +19.9% | 734.99 |
| 1 May 2026 | Truist Financial Jamie Cook | Reiterated · Buy | 713.00 → 851.00 | +19.4% | 725.33 |
| 1 May 2026 | Robert W. Baird | — | 606.00 → 777.00 | +28.2% | 726.91 |
| 1 May 2026 | Mizuho Securities | — | 537.00 → 693.00 | +29.1% | 719.80 |
| 20 Apr 2026 | Truist Financial | Reiterated · Buy | 643.00 → 713.00 | +10.9% | 602.01 |
| 16 Apr 2026 | Stifel Nicolaus | — | 647.00 → 654.00 | +1.1% | 585.85 |
| 27 Mar 2026 | BMO Capital Ameet Thakkar | Upgraded · Market Perform → Outperform | 352.00 → 650.00 | +84.7% | 549.98 |
| 24 Feb 2026 | Mizuho Securities | Reiterated · Neutral | 415.00 → 537.00 | +29.4% | 549.11 |
| 24 Feb 2026 | Jefferies Julien Dumoulin-Smith | Reiterated · Buy | 634.00 | — | 549.11 |
| 24 Feb 2026 | Goldman Sachs Ati Modak | Reiterated · Buy | 495.00 → 685.00 | +38.4% | 549.11 |
| 23 Feb 2026 | Stifel Nicolaus | — | 517.00 → 647.00 | +25.1% | 550.29 |
| 20 Feb 2026 | Truist Financial Jamie Cook | Reiterated · Buy | 521.00 → 643.00 | +23.4% | 557.09 |
| 20 Feb 2026 | D.A. Davidson Brent Thielman | — | 575.00 | — | 559.68 |
| 20 Feb 2026 | Roth Capital | — | 500.00 → 600.00 | +20.0% | 555.59 |
| 20 Feb 2026 | Evercore ISI Nicholas Amicucci | Reiterated · Outperform | 480.00 → 604.00 | +25.8% | 562.98 |
| 20 Feb 2026 | Cantor Fitzgerald | Reiterated · Overweight | 520.00 → 630.00 | +21.2% | 554.00 |
| 20 Feb 2026 | Robert W. Baird Justin Hauke | — | 490.00 → 606.00 | +23.7% | 554.00 |
| 26 Jan 2026 | Stifel Nicolaus | Reiterated · Buy | 495.00 → 517.00 | +4.4% | 468.76 |
| 23 Jan 2026 | Cantor Fitzgerald | — | 520.00 | — | 468.78 |
| 9 Jan 2026 | Seaport Global Tom Curran | — | 503.00 | — | 413.17 |
| 19 Dec 2025 | Bernstein | Reiterated · Market Perform | 428.00 | — | 421.31 |
| 8 Dec 2025 | JP Morgan | Upgraded · Neutral → Overweight | — | — | — |
| 24 Nov 2025 | Goldman Sachs | — | 495.00 | — | 430.15 |
Quanta Services EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect Quanta Services's EPS to grow 54.7% a year until 2028, faster than over the last 5 years (17.2% a year) and the last 3 years (27.0%).
Analysts expect Quanta Services's revenue to grow 25.3% a year until 2028, faster than over the last 5 years (20.4% a year) and the last 3 years (18.4%).
Revenue
EPS
Does Quanta Services beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 10.2% off the result, either way, and their revenue estimate 5.6%, over the last 12 quarters.
- EPS beats
- 76 / 114
- Revenue beats
- 85 / 114
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +10.2%
- Since
- May 1998
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 29 Oct 2026 | 5.02 | 6.06 | +20.7% | 11.03B | 12.01B | +8.9% |
| Q2 FY2026 | 30 Jul 2026 | 3.31 | 4.24 | +28.1% | 8.61B | 9.56B | +11.0% |
| Q1 FY2026 | 30 Apr 2026 | 2.04 | 2.68 | +31.4% | 7.00B | 7.87B | +12.5% |
| Q4 FY2025 | 19 Feb 2026 | 3.02 | 3.16 | +4.6% | 7.36B | 7.84B | +6.5% |
| Q3 FY2025 | 30 Oct 2025 | 3.25 | 3.33 | +2.5% | 7.41B | 7.51B | +1.3% |
| Q2 FY2025 | 31 Jul 2025 | 2.44 | 2.48 | +1.6% | 6.57B | 6.77B | +3.2% |
| Q1 FY2025 | 1 May 2025 | 1.67 | 1.78 | +6.6% | 5.86B | 6.23B | +6.3% |
| Q4 FY2024 | 20 Feb 2025 | 2.62 | 2.94 | +12.2% | 6.61B | 6.55B | -0.9% |
| Q3 FY2024 | 31 Oct 2024 | 2.68 | 2.72 | +1.5% | 6.56B | 6.49B | -1.0% |
| Q2 FY2024 | 1 Aug 2024 | 1.89 | 1.90 | +0.5% | 5.51B | 5.59B | +1.6% |
| Q1 FY2024 | 2 May 2024 | 1.29 | 1.41 | +9.3% | 4.94B | 5.03B | +1.9% |
| Q4 FY2023 | 22 Feb 2024 | 1.98 | 2.04 | +3.0% | 5.18B | 5.78B | +11.7% |
Quanta Services stock price 2026–2030: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Quanta Services's earnings grow at the 32.8% a year analysts expect to FY2028, then 15.0% a year, it would earn about 33.30 a share in FY2030. At the P/E it has traded at over the last five years (33.2 to 53.1) that is 1,106.66 to 1,768.29 a share, or 1,474.30 at its average P/E of 44.3. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 18.08 | 600.96 | 800.61 | 960.25 |
| FY2027 | 21.47 | 713.71 | 950.82 | 1,140.42 |
| FY2028 | 25.18 | 836.79 | 1,114.79 | 1,337.08 |
| FY2029 (extrapolated) | 28.95 | 962.31 | 1,282.00 | 1,537.64 |
| FY2030 (extrapolated) | 33.30 | 1,106.66 | 1,474.30 | 1,768.29 |
Each year's EPS is the analysts' consensus to FY2028; the years after grow 15.0% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (33.2, 44.3, 53.1).
Is Quanta Services stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
Quanta Services's P/E of 53.1 is above the middle of its 5-year range (24.6 to 106.6, median 49.3). Analysts expect faster growth than in recent years, which can explain part of the high P/E. Buyers pay less for each point of growth than usual: a PEG of 1.0 on expected growth against 2.9 on its median P/E and past five years' growth. Growing 54.7% a year, Quanta Services earns a P/E of 25.0 at a PEG of 1 (at most 25): × the next twelve months' EPS of 21.03, a fair value of 525.72; the price, 593.71, is 12.9% above it. Its forward P/E, on the consensus for FY2026, is 32.8.
Fair value on growth is a P/E equal to the EPS growth analysts expect a year (a PEG of 1, at most 25) times the earnings per share of the next twelve months; the ends of the bar are a PEG of 0.75 and 1.25 (a P/E of 18.8 and 31.3). The price against its P/E range
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 53.10
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 49.29
- Five-year P/E range
- 24.6 – 106.6
- Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 32.83
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 1.62
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +33.5%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 235.690 | 464.49205Price 235.69627 | +97.1% | |
| 28.860 | 56.2634Price 28.8696 | +94.9% | |
| 199.110 | 384.58163Price 199.112,644 | +93.1% | |
| 123.990 | 237.24178Price 123.99297 | +91.3% | |
| 157.820 | 297.58169Price 157.82471 | +88.6% | |
| 162.670 | 305.52160Price 162.67396 | +87.8% | |
| 216.610 | 405.38304Price 216.61507 | +87.1% |
Furthest below the fair value on each stock's page, updated every day.