PWR Quanta Services, Inc.

$PWR earnings in the morning. Should be good. What they do is essential for the buildout.

$PWR Quanta Services sits in a firm bullish posture across every horizon, anchored by a $53 billion backlog and a 26.3 percent revenue growth rate that continue to feed the grid and artificial intelligence tailwinds. We see the medium-term and long-term technicals supporting a steady uptrend well above the 200-day moving average of $596.83, while institutional sponsorship remains resilient despite recent trimming. Our read was bullish as of 26 Sep 2026 with an average conviction of 3.62 out of 5, as detailed in the chart attached. We would turn bearish if structural delays eroded the backlog or if macroeconomic tightening caused a sharp breakdown below the 200-day moving average. (Disclosure: we're and this is our own research.)

$PWR Lots of these power names (AI power infrastructure and energy)$NVT etc is setting up an incredible base

$PWR excellent company. Earnings call great. Morning dip on inflation data. Give it a couple of days and new analysts assessment. I know it is premium but trades well and definitely has growth on real data and not hype. I like their approach and the are very healthy financially and mostly institutional owned. The larger dip recently aligns with typical institutional rotation out of biotech at highs and grabbing the low now in tech as media spins the bear narrative and they will paint the tape year end. Rotation into healthcare happened back in June and at momentum highs and tech lows - this sector gets the rotation. So I anticipate PWR up for a swing into year end.

$PWR Big seller at 700. Need to get back to safe zone quickly. So far price volume moving constructively, it should recover in most cases. Wait till end of week for any adjustments. Has position.

$PWR Still looking good. Washed out the early buyers, now retrying to breakout of this huge base

Quite a few of the Grid infrastructure stocks like Quanta Services ($PWR) have begun to strengthen in recent days, and this recent jump-start in momentum is particularly helpful given PWR's push back up OVER prior lows along w/ exceeding the mild downtrend from the Spring. charts found below. Stocks like this won't show up on many momenturm or breakout screens for some time, but compelling near-term strength following a selloff as part of an ongoing stellar uptrend is a good recipe for the start of gains back to all-time highs given the structural improvement This is part of my #UPTICKS list, & like and own

Jim Cramer said Quanta Services remains a stock worth buying, pointing to continued demand from data-center construction and broader infrastructure investment. He acknowledged that election-related uncertainty could temporarily slow new projects, but expects construction activity to pick up once that uncertainty passes. Cramer said he continues to favor the company because of its exposure to the ongoing infrastructure buildout. On Planet Labs, Cramer said he likes the company and its CEO Will Marshall, noting that the stock had previously surged into what he described as a speculative bubble before falling sharply. After its recent rebound, he argued that much of the downside may now be behind the stock and said investors could consider buying. For Duke Energy, Cramer said the stock has declined enough to become attractive, particularly if its dividend yield reaches around 4%. $PWR $PL $DUK

$PWR The Q3 10-Q filed today splits the backlog differently than the release did. Remaining performance obligations were 41.75 billion dollars at Sep 30, up from 33.55 billion in Q2, and MSAs fell to 37% of total backlog from 44% at year end. MSAs are the part customers are not contractually committed on. That share shrinking while RPO is up 75.7% since Dec 31 makes the 63.73 billion dollar backlog a firmer number than the headline total on its own.

Quanta Services reported strong Q3 2026 results, with revenue surging 57.4% year over year to $12.01B, beating the $10.92B consensus. Adjusted diluted EPS reached $6.06 versus analysts’ expectations of approximately $4.95. Management raised its FY2026 revenue guidance to $41.3B–$41.6B from $39.3B–$39.7B and increased adjusted EPS guidance to $17.90–$18.30 from $16.45–$16.95. Total backlog reached a record $63.7B, up 62.6% year over year, providing multiyear revenue visibility from power-grid upgrades, data-center construction and electrification projects. Truist maintained a Buy rating and raised its price target to $960 from $945. Shares climbed despite broader market weakness, with the S&P 500 down 0.3%, the Dow off 0.4% and the Nasdaq falling 1.2%. Quanta rose from an opening price of $627 to an intraday high of $650.95, as record results, stronger guidance and robust backlog outweighed the negative market backdrop. $PWR

$PWR reported earnings before the open: adjusted EPS of $6.06 vs. $5.02 estimated, a beat of 20.7%. I used Stock Meadow to review the results.

$PWR Is Quanta's raised $17.90–$18.30 adjusted EPS guide conservative, given the CEO's expected incremental fourth-quarter strength? 🏢 Quanta Services, a Houston builder of power grid and energy infrastructure, posted third-quarter 2026 revenue of $12.01B, up from $7.63B, and adjusted EPS of $6.06 against $3.33 ⚠️ With $29.45B of revenue and $12.98 of adjusted EPS through nine months, the new full-year guide of $41.3B–$41.6B and $17.90–$18.30 implies fourth-quarter revenue of about $11.85B–$12.15B and adjusted EPS of $4.92–$5.32 🏆 Backlog hit a record $63.7B, up from $39.17B a year earlier with $38.45B due within 12 months, and the CEO cited expected incremental fourth-quarter strength and an opportunity for strong double-digit adjusted EPS growth in 2027 📅 Next: Management's webcast, scheduled for October 29, 2026, is where to hear how the fourth-quarter range squares with the third quarter's pace Source: Quanta release + SEC 8-K, Oct 29

QUANTA SERVICES $PWR Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $12.0B (Est. $11.04B) 🟢; +57% YoY 🔹 Adj. EPS: $6.06 (Est. $5.02) 🟢; +82% YoY 🔹 Adjusted EBITDA: $1.4B 🔹 Total Backlog: $63.7B Raises FY26 Guide: 🔹 Revenue: $41.3B-$41.6B (Est. $39.44B) 🟢 🔹 Adj. EPS: $17.90-$18.30 (Est. $16.74) 🟢 🔹 EBITDA: $3.99B-$4.09B 🔹 Adjusted EBITDA: $4.4B-$4.49B 🔹 Operating Cash Flow: $3.45B-$4.0B 🔹 Free Cash Flow: $2.5B-$3.0B Segment Net Revenue: 🔹 Electric: $9.8B 🔹 Underground & Infrastructure: $2.2B; +52% YoY

$PWR Q3 '26 Earnings Results & Recap • Reported GAAP EPS of $6.06 up 81.98% YoY • Reported revenue of $12.01B up 57.44% YoY • Quanta Services now expects full-year 2026 revenue of $41.3B to $41.6B, adjusted diluted EPS of $17.90 to $18.30, and free cash flow of $2.5B to $3B.

$PWR reports earnings tomorrow before the open. I’m bullish heading into the report: PWR has beaten EPS estimates in 8 of its last 8 reports, according to Stock Meadow.

Citi analyst Andrew Kaplowitz expects engineering and construction companies to meet or exceed third-quarter consensus estimates, despite concerns about the momentum of AI infrastructure investment and broader market trends. Quanta Services remains one of Citi’s highest-conviction stock picks, with the firm confident in its ability to beat earnings expectations, raise guidance and sustain profit growth. The company’s approximately $53 billion backlog, scale, specialized expertise and comprehensive service offering allow it to engage earlier in projects and expand its role across the project lifecycle. Quanta is well positioned to benefit from investments in power generation, transmission and distribution needed to support AI infrastructure and data centers. A better business mix driven by increased collaboration with major cloud providers, productivity improvements and disciplined execution should also support margin expansion over time. $PWR

Lithium-ion batteries are projected to grow at a 17.54% CAGR from 2025 to 2032 within the stationary energy storage market, according to Fortune Business Insights, which also expects utility end-users to account for roughly 70% of the market in 2026. Bimergen Energy develops and operates utility-scale battery energy storage systems across key U.S. markets, with a development pipeline of approximately 2 GW. That pipeline is spread across 23 projects in the United States. $PWR $GNRC $NVT $BESS

$PWR is sitting about 5% under its October high of 722 after a strong run. Tuesday closed at 688.88 on quiet volume. Sales jumped 41% last quarter. Clear 722 on real volume and I'm interested.

$PWR with all the pressure on AI data centers, is this a good buy-in point or do you think we will have a pushdown during the next quarter?