PWR stock rises 31.7% in a month as earnings beat expectations amid strong demand for grid modernization and renewable energy projects.
Quanta Services (PWR) closed at $773.72 on May 13, 2026, reflecting a 31.71% one-month return and a 127.32% gain over the past year. The company’s market capitalization stands at $116.11 billion.
The infrastructure services provider reported robust Q1 2026 earnings, surpassing Street expectations. Growth was driven by demand for AI and data-center-related projects, alongside secular trends like grid modernization and electrification.
Management reiterated confidence in mid-to-high teens earnings growth through the decade, supported by renewable energy transitions and industrial reshoring.