Quanta Services, Inc. (PWR)

Quanta Services' stock has shown strong performance, rising significantly over the past six months. The stock was up 8.8% over the month leading up to late October 2025 and had gained 39.5% since the start of the year, outperforming the Zacks Construction sector and the Engineering - R and D Services industry. The company hit a new 52-week high of $447.17 in late October 2025. Quanta Services reported strong second-quarter 2025 results on July 31, 2025, with revenue of $6.77 billion and earnings per share (EPS) of $2.48, beating consensus estimates. The company announced quarterly cash dividends in May and October 2025. Analysts have emphasized Quanta Services' leadership in AI data center construction, renewable integration, and grid modernization. The company was also awarded a significant $1.7 billion contract for its role in the Grain Belt Express. Quanta Services raised its full-year 2025 financial guidance after its Q2 earnings report. Upcoming earnings are expected around October 30, 2025.

Quanta Services' business is considered less cyclical than many of its peers due to its focus on regulated utility projects. Utility spending tends to be remarkably consistent, contributing to a more stable demand for Quanta's services. The company is benefiting from long-term investment cycles in electrification and digital infrastructure, including the growing demand for AI data centers and ongoing grid modernization efforts. These trends are expected to fuel Quanta's project pipeline over the next five years, suggesting a sustained and growing demand rather than significant seasonality.

Quanta Services, Inc. is a specialized contracting services company providing infrastructure solutions across the electric power, energy, and communications industries. The company operates through Electric Power Infrastructure Services, Underground Utility and Infrastructure Solutions, and Communications Infrastructure Services. They design, install, repair, and maintain electric power transmission and distribution networks, substations, and renewable energy facilities, and offer storm response services. The company focuses on pipeline services for oil and natural gas, gas distribution systems, and water infrastructure. Quanta supports broadband and wireless connectivity through the design, construction, and maintenance of fiber optic cables and wireless infrastructure. The company is classified in the Industrials sector and the Engineering & Construction industry.

Quanta Services has a significant geographic presence, with operations throughout the United States, Canada, Australia, and select other international markets. The majority of its revenue, approximately 91% in fiscal year 2024, comes from the U.S., with Canada and Australia contributing about 7%.

Quanta Services maintains a strong brand reputation as a market leader in the infrastructure services industry. The company's reputation is bolstered by its diverse service offerings, strong financial performance, and involvement in significant infrastructure projects. Analysts generally hold a positive view, with a consensus rating of "Moderate Buy". Quanta Services' leadership in AI data center construction, renewable energy integration, and grid modernization has been highlighted by recent analyst coverage. Quanta Services' stock performance, significantly outpacing its sector and the S&P 500, also reflects positively on its market perception.

Quanta Services, Inc. has a substantial institutional ownership, with 2,323 institutional owners and shareholders holding a total of 161,610,521 shares. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., Capital World Investors, JPMorgan Chase & Co, State Street Corp, and Fmr Llc. Institutional owners hold a significant portion of the company's float, with approximately 90% held by institutions, who injected $8.66 billion into the stock over the past 12 months.