Quanta Services (PWR) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $4.24
- Estimate
- $3.31
- Surprise
- +28.1%
- Revenue (period 2026-06-30)
- $9.56B
- Score at report (before → after)
- 5.6 → 5.7/10
Revenue source: xbrl.
How the report landed
Quanta Services (PWR) beat the $3.31 estimate with diluted EPS of $4.24 — a large 28.1% upside surprise. TrendMatrix's engine moved from Hold (5.6/10) to Buy (Wait) at 5.7/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates PWR Sell at 5.9/10.
4 of the last 4 quarters beat the estimate; this quarter's +28.1% surprise compares with a +16.7% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- Strong earnings beat streak (4/4)
- Strong growth profile
What argues against it
- Concentration risk — Customer: Utility and Power customers (70.0%)
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.6)
- Sector modifier (Industrials): -0.7
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $626.99
- Price target
- $691.83
- Stop
- $578.48
- Upside to target
- +10.3%
- Reward-to-risk
- 1.6:1
The stock trades at 74.6× trailing but 33.0× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-14 — shown for context, not personalized investment advice.
PWR at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Engineering & Construction
- Market cap
- $97.81B
- P/E (fwd)
- 33.0
- P/E (ttm)
- 74.6
- 52-week range
- $373.40–$788.75
- Off 52-week high
- 20.5%
- RSI (14)
- 52
- Volume vs avg
- 1.09×
- Score today
- 5.9/10