Quanta Services stock holds firm as revenue tops forecasts
Published on 08/17/2026 at 14:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Quanta Services Inc. (US74762E1029) is backed by a $685.78 close, a $103.05 billion market cap, and second-quarter revenue of $9.56 billion against $8.61 billion expected. The latest TradingKey snapshot also puts EPS at $7.41 and the 52-week range at $336.57 to $788.75.
Revenue beat still matters
The company reported 2026 second-quarter revenue of $9.56 billion and earnings of $3.01 a share versus a $3.30 forecast in a TradingKey earnings view. That mix shows a top-line beat with a smaller earnings shortfall, and the share price remains well below the 52-week high of $788.75.
Investors are still weighing whether the operating scale can hold after the stock's 1-year gain of 80.08% and year-to-date advance of 62.48%. The comparison is concrete: the current close sits 12.9% below the 52-week high, while the backlog and guidance story from the latest quarter still anchors valuation debate.
Backlog and guidance
TradingKey's news flow on Quanta Services cites record first-quarter backlog of $48.5 billion and a full-year earnings guidance increase after the Q1 2026 beat. Those figures matter because a backlog in that range gives the utility and power-infrastructure contractor more visibility into 2026 revenue conversion.
The same source also notes a $1 billion share repurchase program and a dividend announcement, both of which support capital-return visibility alongside growth. For a company trading at a 92.53 P/E TTM, the market is clearly asking whether earnings can keep pace with the share-price rerating.
Power work remains central
Quanta Services' core work spans electric power infrastructure, communications, and energy-related construction, with the latest earnings view pointing to continued demand in utility and transmission projects. That business mix keeps the focus on backlog conversion, margin control, and project execution rather than one-off contract wins.
Stock level to watch
The stock last changed hands at $685.78, with a 52-week high of $788.75 and a 52-week low of $336.57. The market cap stood at $103.05 billion, giving Quanta Services one of the larger valuations in the U.S. infrastructure services group.
Fact box
Company: Quanta Services Inc.
ISIN: US74762E1029
Ticker: PWR
Exchange: New York Stock Exchange
Price: $685.78 USD
Market cap: $103.05 billion
Sector / Industry: Construction & Engineering
Index membership: S&P 500
