ATLAS News · Earnings

Quanta Services Raises 2026 Outlook After Third-Quarter Results

Published November 8, 2026 · 1 sources

Quanta Services lifted its full-year 2026 guidance after third-quarter revenue of US$12,014.88 million, Simply Wall St reports, citing its record project backlog.

What happened

Simply Wall St reports that Quanta Services (PWR) raised its full-year 2026 outlook after releasing third-quarter results. The company posted revenue of US$12,014.88 million and net income of US$694.86 million for the quarter.

According to the report, the updated guidance calls for revenue of US$41.3b to US$41.6b, with a larger contribution coming from the company's record project backlog.

Simply Wall St also notes that Quanta is pairing the higher guidance with an active acquisition pipeline. Management highlights disciplined capital deployment and continuing opportunities to add businesses that fit its infrastructure platform.

Context

Quanta Services is an infrastructure services company, and companies in that field often use project backlog as a measure of future work.

Why it matters

The raised guidance and growing backlog give investors a fresh data point on how the company describes its own business momentum.

Stocks in this story

Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.

Quanta ServicesPWR

+6.25%

Industrials · NYSE

Live price

$540.90

live price · USD

Latest close before this story: $540.90+6.25% vs. previous close ($509.06) · November 6
Fair value (ATLAS): $432.02Fair range: $272.64 to $684.58The price ($540.90) is 25.2% above that figure.
Chance of a rise in 1 month: 46%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $464.85 and $606.07; 9 in 10, between $367.44 and $766.75.

See the full ATLAS analysis of Quanta Services →

Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.

Sources

ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.

Quanta Services (PWR) Is Up 6.3% What's Changed After Raising 2026 Outlook · Simply Wall St · November 8, 2026

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Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer