Quanta Services stock trades at USD 645.54 as revenue rises 41.1 percent

Published on 09/25/2026 at 16:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Quanta Services stock traded at USD 645.54 on September 25, 2026, while Bernstein raised its target to USD 775. Second quarter revenue reached USD 9.56 billion.

Makrofoto eines geflochtenen Stahlkabels mit Wassertropfen in Nahaufnahme — Quanta Services Inc. (ISIN US74762E1029) Makroaufnahme zeigt geflochtenes Stahlseil mit Wassertropfen in Detailschärfe, Illustration mit AI erstellt.

Quanta Services stock was trading at USD 645.54 on the NYSE at 10:30 a.m. ET on September 25, 2026, up USD 2.04, or 0.32 percent, from the prior close. The infrastructure contractor's second quarter revenue reached USD 9.56 billion, up 41.1 percent year over year, according to StockTitan.

Quarterly revenue sets a new scale

Quanta Services reported second quarter 2026 net income attributable to common stock of USD 451.4 million and GAAP diluted EPS of USD 2.96. Adjusted diluted EPS was USD 4.24, compared with a consensus estimate of USD 3.31, a USD 0.93 difference, the filing summary showed.

Operating cash flow reached USD 1.1 billion in the same quarter, while free cash flow was USD 0.9 billion. Total backlog stood at USD 53.4 billion, giving the revenue growth a substantial contracted-work base.

Bernstein raises its price target

According to Investing.com on September 24, 2026, Bernstein SocGen Group upgraded Quanta Services from Market Perform to Outperform and raised its price target from USD 748 to USD 775. The target lies 20.05 percent above the intraday price of USD 645.54.

Bernstein linked its assessment to data center construction labor and transmission demand. The report also cited a 25 percent increase in the transmission project pipeline to USD 170 billion since 2025, while projecting 50 basis points of margin growth through 2030.

Guidance points to further growth

Quanta Services lifted its fiscal 2026 outlook to revenue of USD 39.3 billion to USD 39.7 billion and adjusted diluted EPS of USD 16.45 to USD 16.95. The adjusted EPS range is above the USD 15.33 full-year estimate cited in the market coverage, although guidance remains a range rather than a single outcome.

Stock stays below its yearly high

At USD 645.54, the shares stood 18.14 percent below the 52-week high of USD 788.75 and 61.72 percent above the 52-week low of USD 399.18. The session volume was 127,143 shares at the quoted time, versus average volume of 1,134,817.