Quanta Services stock heads into earnings with higher estimates
Published on 10/07/2026 at 16:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Quanta Services (ISIN US74762E1029) was trading at USD 688.55 on the NYSE on October 7, 2026 at 10:24 a.m. ET, down 4.31 percent from the previous close. The stock heads into its next earnings report with higher fiscal 2026 earnings expectations, giving the market a clear test of whether strong infrastructure demand can offset valuation pressure.
Fiscal estimates move higher
According to Zacks on October 6, 2026, the fiscal 2026 consensus EPS estimate rose by USD 0.27 to USD 16.70. The same analysis assigned Quanta Services a Zacks Rank of 3, or Hold, alongside a Momentum Style Score of A.
The estimate change matters because the stock was down 4.31 percent in the October 7 session even as the four-week share performance cited by Zacks stood at 9.5 percent. That contrast leaves earnings revisions and the next reported quarter as the more useful checkpoints than short-term momentum alone.
Revenue and backlog set the test
Quiver Quantitative reported that second-quarter 2026 revenue reached USD 9.56 billion, up 41.1 percent from the same quarter of 2025. The company also reported a record project backlog of USD 53.4 billion and 2026 revenue guidance of USD 39.3 billion to USD 39.7 billion.
The figures frame the central investment question: Quanta is converting a large order pipeline into revenue at a rapid pace, but the share price still depends on whether that growth reaches earnings and cash flow. The second-quarter revenue increase and the higher EPS consensus point in the same direction, while the session decline shows that expectations remain demanding.
October earnings date approaches
AltIndex lists October 28, 2026 as Quanta Services' next earnings date and gives the next-quarter EPS estimate as USD 2.36. That report is the next dated checkpoint for testing the USD 16.70 fiscal 2026 consensus figure.
Quanta Services had a market capitalization of USD 103.5 billion on October 7, 2026. Its NYSE price of USD 688.55 stood 12.7 percent below the 52-week high of USD 788.75, keeping the earnings release central to the stock's near-term valuation debate.
Quanta Services stock facts
- Company: Quanta Services, Inc.
- ISIN: US74762E1029
- Ticker: PWR
- Trading venue: NYSE
- Price (as of October 7, 2026, 10:24 a.m. ET): USD 688.55
- Market capitalization: USD 103.5 billion (as of October 7, 2026)
- 52-week range: USD 404.51-788.75 (as of October 7, 2026)
- Sector / Industry: Industrials / Engineering and Construction
Upcoming dates for Quanta Services stock
- October 28, 2026: Next earnings report
