Quanta Services (PWR) has reported strong financial results for Q1 2025, leading to an increase in its stock price by 15% in the last week. The company has
surpassed both earnings and revenue estimates, prompting several financial institutions to boost their price target for the company. Despite this success, there were slight setbacks as the LIPA board declined Quanta's bid to oversee the power grid.
Insiders within the company have also begun disposing of stock, which could be seen as a bearish signal. Nevertheless, Quanta maintains a promising outlook with its
revenue and
Adjusted EBITDA raised for FY25 as well as Q1 revenue exceeding $6.23B. In light of these financial achievements, Jim Cramer and Stephanie Link from CNBC have identified PWR as a top buy. The company also maintains a
steady dividend payout despite market variations.
Quanta Services PWR News Analytics from Thu, 31 Oct 2024 07:00:00 GMT to Fri, 02 May 2025 22:00:03 GMT -
Rating 8
- Innovation 2
- Rumor -4
