PWR
Quanta ServicesNYSEIndustrialsEngineering & ConstructionSnapshot 2026-05-08
As of May 8, 2026, PWR has a signal label of "mild_favorable" with a composite score of 10.9. This change from "mixed" to "mild_favorable" is driven by various macroeconomic factors, including growth and labor conditions. The scores indicate medium confidence (72.3) and moderate risk (33.5), with notable strengths in momentum (70.4) and weaknesses in sector performance (16.7) and valuation (20.6). The analysis is provisional.
Price
Daily closes from AlphaVantage. Earnings/event dots are placed inline.
Factor signals
Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.
Thesis
— is this a strong company over a 1–3 year hold?Why this rank
- Direction share1.00
- Slope (norm)0.18
- Bonus0.00
Why this rank
Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3
Why this rank
Joint read: strong + robust historically delivered 80%+ NI-grew rate over T+1y in IT 2024–26 (small N).
Watch
— has something changed worth re-reading?Why this setup
EPS estimate $3.15 → $3.30 (+4.9% / 30d). 14 raised, 1 cut, 19 covering analysts.
0 upgrades, 0 downgrades / 30d, 8 maintained. 69% of analysts rate Buy.
7 PT revisions / 30d. Avg target 11.0% above current price.
1 positive, 0 negative / 30d. See F4 management tile for the event list.
Market and fundamentals agree — analysts are positioned bullishly on a fundamentally strong name.
F4 · Management deep-dive — recent events, stated priorities, guidance track record
Recent 8-K events
3 material events in the last 24 months — top 3 listed below.
Stated priorities
3 priorityies extracted from earnings transcripts (as of 2026-05-08).
- 1.Increase revenue to $34.7-$35.2 billiongrowthbehind14% progress
4/30: “Quanta now expects revenues to range between $34.7 billion and $35.2 billion.”
Why this status
Stated in 2 of last 2 quarters. Revenue guidance increased from $33.25-$33.75 billion in 2025-Q4 to $34.7-$35.2 billion in 2026-Q1. Despite the increase in guidance, the status is behind, indicating limited progress towards achieving the target.
- 2.Achieve EPS of $9.17-$9.87growthbehind14% progress
4/30: “Quanta also now expects diluted earnings per share to range between $9.17 and $9.87.”
Why this status
Stated in 2 of last 2 quarters. EPS guidance increased from $8.36-$9.06 in 2025-Q4 to $9.17-$9.87 in 2026-Q1. Despite the increase in guidance, the status is behind, indicating limited progress towards achieving the target.
- 3.Maintain free cash flow of $1.55-$2.05 billioncapital allocationmixed44% progress
4/30: “Quanta continues to expect free cash flow to range between $1.55 billion and $2.05 billion.”
Why this status
Stated in 2 of last 2 quarters. Free cash flow guidance maintained at $1.55-$2.05 billion for 2026. Despite consistent guidance, the status is behind, indicating limited progress towards achieving the target.
Guidance track record
Insufficient guidance history for this ticker.
Position context
— how violent might the path be while I hold it?Why this risk level
Recent vol — 30d annualized 51%; 252d 35%.
Drawdown — Max 1y −12%. Bad day move −3%.
Beta to sector ETF (XLI) — 1.35 over 1y.
Liquidity — score 100/100.
Sub-scores — vol 42/100, drawdown 77/100, beta 65/100, earnings vol —.
Calm + bullish setup — clean pre-earnings positioning pattern.
via XLI
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-05-08.
What changed
The most important moves since the prior daily snapshot.
- label change · signal_labelseverity 20
Signal changed from 'mixed' to 'mild_favorable'.
As of 2026-05-08, the signal label for PWR changed from "mixed" to "mild_favorable." This reflects a transition to a more favorable assessment. The forward view indicates an unfavorable scenario with a composite delta estimate of -16.0 if next-quarter guidance is cut, while there is a favorable scenario with a composite delta estimate of 5.0 if the industrials sector trend rises to "improving."
as of 2026-05-08
Management scorecard
How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.
What management is focused on
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
- #1
Increase revenue to $34.7-$35.2 billion
GrowthNew since 2026-05-04Quanta aims to increase its revenue to a range of $34.7 billion to $35.2 billion for the fiscal year 2026.
BehindStated in 2 of last 2 quarters. Revenue guidance increased from $33.25-$33.75 billion in 2025-Q4 to $34.7-$35.2 billion in 2026-Q1. Despite the increase in guidance, the status is behind, indicating limited progress towards achieving the target.
14%CEO/CFO:“Quanta now expects revenues to range between $34.7 billion and $35.2 billion.”Multiple sourcesSource dated 2026-04-30Stated 2 of last 8 quartersFirst seen 2026-05-04Show history (2)
- 2026-Q1Multiple sources
“Quanta now expects revenues to range between $34.7 billion and $35.2 billion.”
- 2025-Q4Multiple sources
“Quanta expects revenues to range between $33.25 billion and $33.75 billion.”
- #2
Achieve EPS of $9.17-$9.87
GrowthNew since 2026-05-04Quanta aims to achieve diluted earnings per share between $9.17 and $9.87 for fiscal year 2026.
BehindStated in 2 of last 2 quarters. EPS guidance increased from $8.36-$9.06 in 2025-Q4 to $9.17-$9.87 in 2026-Q1. Despite the increase in guidance, the status is behind, indicating limited progress towards achieving the target.
14%CEO/CFO:“Quanta also now expects diluted earnings per share to range between $9.17 and $9.87.”Multiple sourcesSource dated 2026-04-30Stated 2 of last 8 quartersFirst seen 2026-05-04Show history (2)
- 2026-Q1Multiple sources
“Quanta also now expects diluted earnings per share to range between $9.17 and $9.87.”
- 2025-Q4Multiple sources
“Quanta expects diluted earnings per share to range between $8.36 and $9.06.”
- #3
Maintain free cash flow of $1.55-$2.05 billion
Capital allocationNew since 2026-05-04Quanta aims to maintain free cash flow between $1.55 billion and $2.05 billion for fiscal year 2026.
Behind →MixedStated in 2 of last 2 quarters. Free cash flow guidance maintained at $1.55-$2.05 billion for 2026. Despite consistent guidance, the status is behind, indicating limited progress towards achieving the target.
44%CEO/CFO:“Quanta continues to expect free cash flow to range between $1.55 billion and $2.05 billion.”Multiple sourcesSource dated 2026-04-30Stated 2 of last 8 quartersFirst seen 2026-05-04Show history (2)
- 2026-Q1Multiple sources
“Quanta continues to expect free cash flow to range between $1.55 billion and $2.05 billion.”
- 2025-Q4Multiple sources
“Free cash flow to range between $1.55 billion and $2.05 billion.”
How this stock is priced
Two ways to read price: against peers in the same business, and against the company's own history.
Looks more expensive than peers.
Richer than its own typical valuation.
P/E over the last 5 years
71 monthly pointsHow this compares
A side-by-side read on composite, valuation, and risk versus peers.
| Stock | Composite | Valuation | Risk |
|---|---|---|---|
PWR Quanta Services | +11 | expensive | moderate |
CAT Caterpillar Inc. | +13 | expensive | moderate |
GE GE Aerospace | +11 | expensive | moderate |
GEV GE Vernova | +10 | full | moderate |
RTX RTX Corporation | +20 | fair | moderate |
Risk — how this stock moves
What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.
What could change this view
Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.
- If industrials sector trend rises from +0.05 into 'improving' (>= +0.20)+5.0 pts
- If next-quarter guidance is cut (currently RAISED as of 2026-04-30)-16 pts
- If industrials sector trend falls from +0.05 into 'weakening' (<= -0.20)-5.0 pts
- If growth state reverses from +0.25 (positive) to -0.25 (negative)-4.0 pts
- If labor state reverses from -0.31 (negative) to +0.31 (positive)-3.7 pts
Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-04-308d agoItem 2.02
above, will be posted to the Company’s website at www.quantaservices.com under the “Financial Info” area of the Investor Relations section. Investors should note that Quanta announces financial information in its documents filed with the Securities and Exchange Commission, its press releases, its public conference calls, as well as on its website. Quanta may use the Investor Relations and other sections of its website to communicate with investors and it is possible that the financial and oth…
earnings preannouncementpositivescore 60 - 2026-04-1622d agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (e) On April 10, 2026, the Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of Quanta Services, Inc. (“Quanta” or the “Company”) approved incentive compensation awards to certain senior leadership employees, including each of Earl C. Austin, Jr., Jayshree S. Desai, Karl W. Studer and Gerald A. Ducey, Jr. (named execu…
executive changeneutralscore 34 - 2026-03-042mo agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (e) On February 26, 2026, the Compensation Committee (the “Compensation Committee”) of the Board of Directors (the “Board”) of Quanta Services, Inc. (“Quanta”) adopted the 2026 annual incentive plan for all corporate employees, the 2026 long-term incentive plan for senior leadership and the 2026 discretionary plan for all employees (collectively, t…
executive changeneutralscore 13 - 2026-02-192mo agoItem 2.02
above, will be posted to the Company’s website at www.quantaservices.com under the “Financial Info” area of the Investor Relations section. Investors should note that Quanta announces financial information in its documents filed with the Securities and Exchange Commission, its press releases, its public conference calls, as well as on its website. Quanta may use the Investor Relations and other sections of its website to communicate with investors and it is possible that the financial and oth…
earnings preannouncementneutralscore 11
Score history
The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.