
Quanta Services (PWR) Stock Forecast & Price Target
Quanta Services (PWR) Analyst Ratings
Bulls say
Quanta Services is positioned for significant growth, particularly in the renewables sector, which is expected to enhance free cash flow (FCF) conversion over time. The company's strategic focus on utility investment, driven by grid hardening, modernization efforts, and the adoption of renewable energy, supports a robust operational outlook. Additionally, a shift towards more stable small-to-medium "base" work and a high percentage of self-perform work is anticipated to reduce earnings volatility, further strengthening the financial stability of the company.
Bears say
Quanta Services has revised its outlook for its Electric Infrastructure Solutions (EIS) segment upward, driven by expectations of increased electric transmission and distribution (T&D) spending; however, the Underground Utility and Infrastructure Services (UUIS) segment has seen a downward adjustment due to a weaker gas utility outlook. The company faces significant risks that could negatively impact its target price, including potential shifts in utility T&D spending, communications construction outlook, oil and gas pipeline demand, and the regulatory landscape related to renewable energy. Additionally, concerns over large project delays, supply chain disruptions, and execution challenges further contribute to a cautious outlook on the stock.
This aggregate rating is based on analysts' research of Quanta Services and is not a guaranteed prediction by Public.com or investment advice.
Quanta Services (PWR) Analyst Forecast & Price Prediction
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