Quanta Services (PWR) PT Raised to $538 at Bernstein SocGen Group

Bernstein SocGen Group analyst Chad Dillard raised the price target on Quanta Services (NYSE: PWR) to $538.00 (from $515.00) while maintaining an Outperform rating.

The analyst commented: "PWR hosted its 2025 Investor Day, updating its operating model and setting the following 2030 mid-point targets: $46.5B in organic revenue (10% CAGR vs. ‘25) vs. street at $52.9B (13% CAGR), 10.5% EBITDA margins vs. street at 11%, and adj. EPS of $24.18 (17.5 CAGR) vs. street’s $24.20 (17.6% CAGR). Despite the focus on updated targets, PWR’s in-depth focus on its operational excellence is what investors should take away."

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