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Quanta Services Approves Equity Plan Amendment at Annual Meeting

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Quanta Services Approves Equity Plan Amendment at Annual Meeting

Confident Investing Starts Here:

Quanta Services ( (PWR) ) has issued an update.

On May 22, 2025, Quanta Services held its Annual Meeting of Stockholders, where stockholders approved an amendment to the 2019 Omnibus Equity Incentive Plan, increasing the number of shares by 4,190,000. Additionally, Derrick Jensen resigned as Executive Vice President of Business Administration, transitioning to an advisory role. The meeting also saw the election of ten directors and the approval of executive compensation and the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2025.

The most recent analyst rating on (PWR) stock is a Buy with a $288.00 price target. To see the full list of analyst forecasts on Quanta Services stock, see the PWR Stock Forecast page.

Spark’s Take on PWR Stock

According to Spark, TipRanks’ AI Analyst, PWR is a Outperform.

Quanta Services is well-positioned in the Engineering & Construction industry, with strong financial performance and positive earnings guidance. However, the high valuation and potential overbought technical indicators suggest caution. The company’s strategic initiatives and market position contribute positively, but valuation concerns weigh on the overall score.

To see Spark’s full report on PWR stock, click here.

More about Quanta Services

Quanta Services, Inc. operates in the infrastructure services industry, providing comprehensive solutions for the electric power, pipeline, industrial, and communications sectors. The company focuses on delivering infrastructure services that support the development and maintenance of energy and communication networks.

Average Trading Volume: 1,472,996

Technical Sentiment Signal: Buy

Current Market Cap: $50.74B

For detailed information about PWR stock, go to TipRanks’ Stock Analysis page.

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