Update shared on04 Aug 2025
Fair value Increased 10%The upward revision in Quanta Services' consensus price target is primarily driven by stronger revenue growth forecasts and a modest increase in future valuation multiples, with the fair value rising to $415.25.
What's in the News
- Seaport Research initiated coverage of Quanta Services with a Neutral rating, indicating a balanced near-term outlook (Periodicals).
- Quanta Services raised its 2025 earnings guidance, now expecting revenues between $27.4B and $27.9B, net income between $978.5M and $1.07B, and diluted EPS between $6.47 and $7.07 (Key Developments).
- Grain Belt Express awarded nearly $1.7B in contractor work to Quanta Services and Kiewit Energy Group for an 800-mile HVDC transmission project spanning Kansas, Missouri, Illinois, and Indiana (Key Developments).
- The Grain Belt Express project aims to add 5,000 MW of U.S. energy delivery capacity, provide $52B in energy cost savings over 15 years, and support construction job creation, with main offices in Overland Park and Lenexa, KS (Key Developments).
- The line will enhance grid security and reliability, facilitate both new and existing power generation, and features a pro-market merchant business model that distributes costs and benefits among willing market participants (Key Developments).
Valuation Changes
Summary of Valuation Changes for Quanta Services
- The Consensus Analyst Price Target has risen from $382.50 to $415.25.
- The Consensus Revenue Growth forecasts for Quanta Services has risen from 11.3% per annum to 12.4% per annum.
- The Future P/E for Quanta Services has risen slightly from 43.43x to 45.30x.
Disclaimer
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