
Quanta Services (PWR) Stock Forecast & Price Target
Quanta Services (PWR) Analyst Ratings
Bulls say
Quanta Services is poised for significant financial growth driven by the anticipated expansion in the renewables sector, which is expected to enhance free cash flow conversion over time. The company is also likely to benefit from continued utility investments in transmission and distribution, spurred by grid hardening and modernization efforts that support the integration of renewable energy sources. Additionally, Quanta’s strategic focus on stabilizing its business model through small-to-medium base work and maintaining a high level of self-perform work, exceeding 80%, is expected to mitigate earnings volatility and contribute to its overall financial health.
Bears say
Quanta Services has adjusted its projections, reflecting a more favorable outlook for its electric infrastructure segment while simultaneously downgrading expectations for its underground utility and infrastructure segment, particularly in the gas utility sector. The company is exposed to significant risks that could adversely affect its financial performance, including potential changes in utility T&D spending, communications construction outlook, and possible delays or cancellations of large projects. Additionally, supply chain disruptions and evolving regulatory environments regarding renewable generation pose further challenges to Quanta Services' operational execution and financial stability.
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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