
Quanta Services (PWR) Stock Forecast & Price Target
Quanta Services (PWR) Analyst Ratings
Bulls say
Quanta Services is poised for significant growth, particularly within the renewables sector, which is expected to enhance its free cash flow conversion over time. The company anticipates steady growth in utility investments, driven by efforts in grid hardening and modernization, as well as the increasing support for renewable energy adoption. Additionally, Quanta's strategy to focus on more stable small-to-medium "base" work and maintaining a high percentage of self-performed tasks is expected to mitigate earnings volatility, further reinforcing a positive outlook for the company’s financial performance.
Bears say
Quanta Services has faced a mixed outlook with its electric infrastructure segment showing positive adjustments, but significant downward revisions in its underground utility and infrastructure segment, particularly concerning gas utilities. There are numerous risks to the company's performance, including fluctuations in utility transmission and distribution spending and potential delays or cancellations of large projects, which could adversely impact financial stability. Additionally, challenges related to supply chain disruptions and a changing regulatory environment for renewable energy further contribute to a negative outlook for 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
Start investing in Quanta Services (PWR)
Order type
Buy in
Order amount
Est. shares
0 shares