Piper Sandler initiated coverage on Quanta Services with an Overweight rating and set a price target of $731, suggesting a 14.39% upside from the current price. The company is expected to see strong growth driven by high demand for electricity linked to AI, grid modernization, and a record project backlog of $53.40 billion. Earnings per share are projected to rise 46.25% to $4.87, while net sales are forecasted to increase 43.75% to $10.97 billion. This positive outlook is supported by a majority of analysts rating Quanta Services as a Strong Buy.
Robinhood Markets has received several bullish price target upgrades from analysts including StoneX, Goldman Sachs, Jefferies, and Cantor Fitzgerald, driven by the company's expansion beyond commission-free trading into prediction markets and IPO und...
Quanta Services reported a nearly 97% increase in net income to $451.4 million and a 41.1% rise in revenue to $9.56 billion in Q2 2026, fueled by strong demand in its infrastructure sectors. The company benefits from a record backlog of $53.4 billion...
