Quanta Services, Inc. (PWR) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$785.24
Price Target
$647.23
Target Range
$428.00 — $851.00
Analyst Rating
Buy
Forward P/E60.0x
Trailing P/E115.5x
Forward PEG3.48
Implied Growth+78.3%
Median Target$634.00
Analyst Spread65.4%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$428
-45.5%
Consensus
$647
-17.6%
Bull Case
$851
+8.4%
Valuation Model TargetsConfidence: 79/100
Bear$383
Base$785
Bull$737
PWR Price Target Analysis
Updated May 7, 2026As of May 7, 2026, Quanta Services, Inc. (PWR) has a Wall Street consensus price target of $647.23, based on estimates from 35 covering analysts. With the stock currently trading at $785.24, this represents a potential downside of -17.6%. The company has a market capitalization of $117.83B.
Analyst price targets range from a low of $428.00 to a high of $851.00, representing a 65% spread in expectations. The median target of $634.00 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 26 analysts rating the stock as a Buy or Strong Buy,9 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, PWR trades at a trailing P/E of 115.5x and forward P/E of 60.0x. The forward PEG ratio of 3.48 reflects a premium valuation. Analysts expect EPS to grow +78.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $785.24, with bear and bull scenarios of $382.64 and $736.59 respectively. Model confidence stands at 79/100, indicating high predictability in the company's fundamentals.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Industrials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+27.4%
Avg Forward P/E37.3x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 EMEEMCOR Group, Inc. | $42.0B | $943.75 | $931.50 | -1.3% | Buy | 32.2x | 12 |
 MYRGMYR Group Inc. | $7.1B | $454.78 | $362.00 | -20.4% | Hold | 46.8x | 21 |
 WLDNWilldan Group, Inc. | $1.1B | $75.71 | $117.50 | +55.2% | Buy | 18.4x | 7 |
 DYDycom Industries, Inc. | $13.3B | $457.78 | $432.71 | -5.5% | Buy | 32.5x | 21 |
 PRIMPrimoris Services Corporation | $5.5B | $101.36 | $160.63 | +58.5% | Buy | 16.9x | 22 |
 MTRXMatrix Service Company | $388M | $13.80 | $24.00 | +73.9% | Buy | 162.4x | 13 |
 JJacobs Solutions Inc. | $14.9B | $126.62 | $154.86 | +22.3% | Buy | 17.8x | 38 |
 ACMAecom | $11.1B | $83.92 | $125.63 | +49.7% | Buy | 14.2x | 25 |
 KBRKBR, Inc. | $4.5B | $35.11 | $51.67 | +47.2% | Buy | 9.2x | 31 |
 MDUMDU Resources Group, Inc. | $4.8B | $22.31 | $21.00 | -5.9% | Buy | 22.8x | 17 |
Upside Potential Comparison
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Start ComparisonPWR — Frequently Asked Questions
Quick answers to the most common questions about buying PWR stock.
What is the PWR stock price target for 2026?
PWR's consensus price target is $647.23, -17.6% below the current price of $785.24. The 35 analysts tracking PWR see downside risk at present valuations.
Is PWR a buy, sell, or hold?
PWR has a consensus rating of "Buy" based on 35 Wall Street analysts. The rating breakdown is predominantly bullish, with 26 Buy/Strong Buy ratings. The consensus 12-month price target of $647.23 implies -17.6% downside from current levels.
Is PWR stock overvalued or undervalued?
At a forward P/E of 60.0378x, PWR trades at a premium valuation. The consensus price target of $647.23 (-17.6% downside) suggests analysts may view current valuations as stretched.
How high can PWR stock go?
The most bullish Wall Street analyst has a price target of $851 for PWR, while the most conservative target is $428. The consensus of $647.23 represents the median expectation. Our quantitative valuation model projects a bull case target of $737 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover PWR stock?
PWR is heavily covered by Wall Street, with 35 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 26 have Buy ratings, 9 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the PWR stock forecast?
The 12-month PWR stock forecast based on 35 Wall Street analysts shows a consensus price target of $647.23, with estimates ranging from $428 (bear case) to $851 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $785, with bear/bull scenarios of $383/$737.
What is PWR's fair value based on fundamentals?
Our quantitative valuation model calculates PWR's fair value at $785 (base case), with a bear case of $383 and bull case of $737. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 79/100.
What is PWR's forward P/E ratio?
PWR trades at a forward P/E ratio of 60.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 115.5x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy PWR stock?
Analysts are cautious on PWR, with 0 Sell ratings and a price target of $647.23 (-17.6% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do PWR price targets vary so much?
PWR analyst price targets range from $428 to $851, a 65% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $647.23 consensus represents the middle ground. Our model's $383-$737 range provides an independent fundamental perspective.