Quanta Services (PWR) Q3 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 · Editorial policy
Key numbers
- Adjusted EPS
- $6.06
- Estimate
- $5.03
- Surprise
- +20.5%
- Revenue (period 2026-09-30)
- $12.01B
- Score at report (before → after)
- 6.1 → 6.0/10
Revenue source: xbrl.
How the report landed
Quanta Services (PWR) beat the $5.03 estimate with adjusted EPS of $6.06 — a large 20.5% upside surprise. TrendMatrix's engine moved from Hold (6.1/10) to Sell at 6.0/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates PWR Hold at 6.0/10.
4 of the last 4 quarters beat the estimate; this quarter's +20.5% surprise compares with a +21.3% four-quarter average.
What supports the rating
- Strong earnings beat streak (4/4)
- Positive news sentiment (+0.60)
What argues against it
- Concentration risk — Customer: Utility and Power customers (70.0%)
- Thin upside margin: 7.8%
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.6)
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
- $635.18
- Price target
- $684.81
- Stop
- $590.72
- Upside to target
- +7.8%
- Reward-to-risk
- 0.5:1
The stock trades at 72.8× trailing but 31.2× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 1.6× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — 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
- $95.50B
- P/E (fwd)
- 31.2
- P/E (ttm)
- 72.8
- 52-week range
- $408.36–$788.75
- Off 52-week high
- 19.5%
- RSI (14)
- 36
- Volume vs avg
- 1.61×
- Score today
- 6.0/10