
Quanta Services (PWR) Stock Forecast & Price Target
Quanta Services (PWR) Analyst Ratings
Bulls say
Quanta Services is poised for significant growth driven by the increasing demand for renewable energy solutions, which is expected to enhance free cash flow conversion over time. The company's focus on steady utility investment in grid hardening and modernization supports the infrastructure needed for renewable energy adoption, aligning with industry trends. Additionally, strategic initiatives to prioritize stable small-to-medium projects and achieve high levels of self-performance are anticipated to reduce earnings volatility, further contributing to a positive financial outlook.
Bears say
Quanta Services faces a challenging outlook as the assumptions for its electric infrastructure segment (EIS) have been adjusted higher, while the underground utility and infrastructure segment (UUIS) has seen a downward revision, specifically regarding gas utility projects. Key risks affecting the company's performance include potential changes in the outlook for utility transmission and distribution spending, communication construction, oil and gas pipelines, and regulatory environments affecting renewable generation. Furthermore, delays or cancellations of large projects, supply chain disruptions, and execution issues pose significant threats to the company's financial stability and stock performance.
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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