Quanta Services stock holds near USD 645 after earnings beat

Published on 09/23/2026 at 10:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Quanta Services stock traded at USD 645.21 on September 22, 2026, with revenue up 41.1 percent in Q2. EPS reached USD 4.24 versus USD 3.31 consensus.

Makrofoto eines geflochtenen Stahlkabels mit Wassertropfen in Nahaufnahme — Quanta Services Inc. (ISIN US74762E1029) Makroaufnahme zeigt geflochtenes Stahlseil mit Wassertropfen in Detailschärfe, Illustration mit AI erstellt.

Quanta Services stock (ISIN US74762E1029) traded at USD 645.21 on the NYSE on September 22, 2026, after rising USD 2.60 during the session. The infrastructure contractor's latest quarterly figures provide the key explanation: second-quarter 2026 revenue reached USD 9.56 billion, while earnings per share came in at USD 4.24.

Revenue growth stays substantial

According to MarketBeat on September 22, 2026, Quanta reported USD 9.56 billion in second-quarter 2026 revenue, up 41.1 percent from the same quarter of the prior year. The result exceeded the reported consensus estimate of USD 8.61 billion by USD 950 million.

Adjusted EPS was USD 4.24 in the quarter, compared with USD 2.48 in the same quarter of the prior year. It also exceeded the reported consensus estimate of USD 3.31 by USD 0.93, making earnings the sharper operating comparison than the share price alone.

Guidance points to further growth

MarketBeat also reported full-year 2026 EPS guidance of USD 16.45 to USD 16.95. The current-year analyst estimate cited in the same September 22, 2026 report was USD 15.33, placing the midpoint of company guidance USD 1.37 above that estimate.

The valuation leaves less room for operational disappointment. The stock carried a reported price-to-earnings ratio of 74.02 on September 22, 2026, while its 50-day moving average stood at USD 641.38 and its 200-day moving average at USD 649.13. The closing level was therefore USD 3.83 above the shorter average but USD 3.92 below the longer one.

Analyst views remain divided

According to The Globe and Mail on September 22, 2026, Bernstein analyst Hanxu Wang maintained a Hold rating and set a USD 748.00 price target. The same report cited a broader average target of USD 797.40, which was USD 49.40 above the Bernstein target.

That split matters because the latest operating figures are strong while the valuation is already demanding. On September 22, 2026, the stock's reported 12-month range was USD 387.42 to USD 788.75, its market capitalization was USD 97.00 billion, and reported average daily volume was 1,140,693 shares.

Stock remains below its yearly high

Quanta Services closed at USD 645.21 on the NYSE on September 22, 2026. The price was USD 143.54 below the reported 12-month high of USD 788.75 and USD 257.79 above the reported low of USD 387.42, leaving the earnings beat and guidance midpoint as the central reference points for the valuation.