Quanta Services Inc Dossier
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SectorIndustrials IndustryConstruction & Engineering Beta (adjusted)1.15 Intrinsic Value $423.85median of 6 methods · middle span $376-$968based on filings through 30 Jun 2026 Market Price $662.60Price as of 1 Oct 2026 OvervaluedIntrinsic value is 36% below the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $99.6B Enterprise Value $104.5B Shares Outstanding 152.6M diluted Moat Rating Narrow Next Earnings Date2 Nov 2026 Last ex-dividend1 Jul 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Quanta entered the second half of 2026 with record backlog, substantially higher year-over-year revenue and earnings, stronger segment margins, and increased full-year guidance. Structural demand from grid modernization, power generation, data centers, manufacturing reshoring and electrification supports the operating outlook. A Hold recommendation therefore balances strong operating momentum against valuation uncertainty, elevated acquisition integration requirements and meaningful fixed-price project-execution exposure. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$410.00 Mean target$770.04 High · most bullish analyst$976.00 Street targets sit above today's price; our intrinsic value sits below it. Different horizons, different questions. Our research · scenarios, merits, risks, and invalidation triggersResearch as of 2 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $410.0020% The downside case reflects project deferrals, regulatory or permitting delays, adverse weather, skilled-labor and supply-chain pressure, unfavorable fixed-price contract revisions, or weaker-than-expected acquisition integration. These conditions could push adjusted EPS below guidance and reduce backlog toward or below the December 2025 level. Base CaseCentral scenario $770.0450% Matches the consensus meanThe base case assumes Quanta delivers within its updated 2026 ranges of $39.3-$39.7 billion of revenue, $4.09-$4.21 billion of adjusted EBITDA, $16.45-$16.95 of adjusted diluted EPS and $2.0-$2.5 billion of free cash flow. Record backlog and demand provide visibility, while normal project timing, integration costs and working-capital variability temper the outlook. Bull CaseUpside scenario $976.0030% The upside case requires continued conversion of the $53.44 billion backlog, sustained demand for electric and mission-critical infrastructure, successful integration of Phalcon, Enerfab, Percheron and PSD, and realization of their expected 2026 contributions. Further margin improvement and continued strong cash conversion would reinforce Quanta's compounding-growth thesis. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |