Markets open

Quanta Services, Inc.

PWR · NYSE

Symbol: PWR
Type: Stock
Sector: Industrials
Industry: Engineering & Construction
Country: North America
Exchange: NYSE

Quanta is an industry leader in providing specialized infrastructure solutions to the utility, power generation, load center, communications, pipeline and energy industries. Quanta's comprehensive services include designing, installing, repairing and maintaining energy, load center and communications infrastructure. With operations throughout the United States, Canada, Australia and select other international markets, Quanta has the manpower, resources and expertise to safely complete projects that are local, regional, national or international in scope.

Key Issues

Bullish view

Record backlog and remaining performance obligations provide visible contracted work, while the second-quarter beat and raised 2026 expectations indicate that conversion is currently supporting double-digit growth.

Bearish view

Backlog size alone does not guarantee timely revenue or margin realization; investors still need evidence that Quanta can execute and convert the commitments without delays or operational pressure.