Quanta Services jumps as Q4 results and 2026 outlook highlight record backlog and accelerating demand

Quanta Services (PWR) is up 4.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The move higher appears tied to Quanta’s fourth-quarter and full-year 2025 results, alongside upbeat 2026 guidance that pointed to continued double-digit growth and strong demand across electric infrastructure. Management also emphasized record backlog, which can improve revenue visibility and support investor confidence.

Details:

Quanta posted fourth-quarter 2025 revenue of $7.84 billion and adjusted diluted EPS of $3.16, alongside record quarterly/full-year metrics across multiple items.

The company issued 2026 guidance that included revenue of $33.25–$33.75 billion and adjusted EPS of $12.65–$13.35, implying strong year-over-year profit growth.

Year-end total backlog was about $44.0 billion, with particularly strong momentum in the Electric Infrastructure Solutions segment, signaling sustained customer spending.

Quanta highlighted recent tuck-in acquisitions (including Tri-City, Wilson, and Billings) that expand capabilities in electrical infrastructure and support large-load and utility programs.

Sources:

Quanta Services Investor Relations, Investors.com, GuruFocus

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$PWR Insider Trading Activity

$PWR insiders have traded $PWR stock on the open market 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 have been sales.

Here’s a breakdown of recent trading of $PWR stock by insiders over the last 6 months:

DONALD WAYNE (EVP and General Counsel) has made 0 purchases and 5 sales selling 14,000 shares for an estimated $6,213,342.
GERALD A JR DUCEY (Pres. - Strategic Operations) sold 7,653 shares for an estimated $3,413,850
WORTHING JACKMAN sold 6,349 shares for an estimated $2,859,907
BERNARD FRIED sold 4,000 shares for an estimated $1,808,760

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$PWR Hedge Fund Activity

We have seen 767 institutional investors add shares of $PWR stock to their portfolio, and 689 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 2,857,087 shares (-70.3%) from their portfolio in Q4 2025, for an estimated $1,205,862,139
KINGSTONE CAPITAL PARTNERS TEXAS, LLC removed 1,721,752 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $713,528,463
CAPITAL WORLD INVESTORS removed 1,018,924 shares (-14.9%) from their portfolio in Q4 2025, for an estimated $430,047,063
BLACKROCK, INC. added 856,400 shares (+7.1%) to their portfolio in Q4 2025, for an estimated $361,452,184
FMR LLC removed 855,569 shares (-14.9%) from their portfolio in Q4 2025, for an estimated $361,101,452
VICTORY CAPITAL MANAGEMENT INC added 758,862 shares (+35.2%) to their portfolio in Q4 2025, for an estimated $320,285,295
CORIENT PRIVATE WEALTH LLC added 667,050 shares (+137.6%) to their portfolio in Q4 2025, for an estimated $281,535,123

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$PWR Congressional Stock Trading

Members of Congress have traded $PWR stock 12 times in the past 6 months. Of those trades, 5 have been purchases and 7 have been sales.

Here’s a breakdown of recent trading of $PWR stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 6 times. They made 4 purchases worth up to $60,000 on 01/30, 11/18, 10/17, 09/12 and 2 sales worth up to $30,000 on 12/24, 12/19.
REPRESENTATIVE APRIL MCCLAIN DELANEY has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 12/02, 11/17.
REPRESENTATIVE LISA C. MCCLAIN has traded it 3 times. They made 1 purchase worth up to $15,000 on 10/30 and 2 sales worth up to $30,000 on 10/31, 10/30.
REPRESENTATIVE VAL T. HOYLE sold up to $15,000 on 09/23.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$PWR Analyst Ratings

Wall Street analysts have issued reports on $PWR in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Jefferies issued a "Buy" rating on 11/03/2025
Citigroup issued a "Buy" rating on 10/31/2025
Stifel issued a "Buy" rating on 10/09/2025

To track analyst ratings and price targets for $PWR, check out Quiver Quantitative's $PWR forecast page.

$PWR Price Targets

Multiple analysts have issued price targets for $PWR recently. We have seen 10 analysts offer price targets for $PWR in the last 6 months, with a median target of $516.0.

Here are some recent targets:

Brian Brophy from Stifel set a target price of $517.0 on 01/26/2026
Andrew Kaplowitz from Citigroup set a target price of $540.0 on 01/26/2026
Manish Somaiya from Cantor Fitzgerald set a target price of $520.0 on 01/23/2026
Chad Dillard from Bernstein set a target price of $428.0 on 12/19/2025
Mark Strouse from JP Morgan set a target price of $515.0 on 12/08/2025
Julien Dumoulin-Smith from Jefferies set a target price of $517.0 on 11/03/2025
Durgesh Chopra from Evercore ISI Group set a target price of $480.0 on 10/31/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.