Quanta Services schedules October 29 results as Quanta Services stock trades at EUR 492.60

Published on 10/23/2026 at 11:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman cut its target from USD 902 to USD 781 on October 22, 2026. Quanta Services stock costs EUR 492.60 on October 23, 2026, ahead of results.

Targets and results schedule

Goldman Sachs cut its Quanta Services target from USD 902 to USD 781 on October 22, 2026.
Second-quarter 2026 revenue reached USD 9.56 billion, up from USD 6.77 billion a year earlier.
Quanta Services stock trades at EUR 492.60 at 11:36 a.m. CEST at Lang & Schwarz on October 23, 2026.

Makrofoto eines geflochtenen Stahlkabels mit Wassertropfen in Nahaufnahme — Quanta Services Inc. (ISIN US74762E1029) Makroaufnahme zeigt geflochtenes Stahlseil mit Wassertropfen in Detailschärfe, Illustration mit AI erstellt.

Quanta Services (ISIN US74762E1029) stock was trading at EUR 492.60 at Lang & Schwarz on October 23, 2026, at 11:36 a.m. CEST. The company is due to publish third-quarter 2026 results on October 29, 2026, while Goldman Sachs cut its price target from USD 902 to USD 781 on October 22, 2026, according to Markets Insider.

Why the target cut matters

Goldman Sachs retained a Buy rating while lowering its target, a move that places more attention on execution and valuation ahead of the results. The target remains a separate USD reference and is not combined with the euro quotation. Quanta Services will host its earnings webcast at 9:00 a.m. Eastern time on October 29, 2026, according to the company's Quanta Services.

What does the backlog mean for revenue?

The latest reported quarter showed substantial scale. Revenue reached USD 9.56 billion in the second quarter of 2026, compared with USD 6.77 billion in the second quarter of 2025. Net income attributable to common stock was USD 451.4 million, versus USD 229.3 million a year earlier, while adjusted diluted earnings per share rose to USD 4.24 from USD 2.48, according to Ticker Scout.

Three results dates and figures

On February 19, 2026, Quanta Services reported fiscal-year 2025 revenue of USD 28.48 billion. On April 30, 2026, first-quarter revenue reached USD 7.87 billion, compared with USD 6.23 billion in the first quarter of 2025. On July 30, 2026, second-quarter revenue reached USD 9.56 billion, compared with USD 6.77 billion in the prior-year quarter. The three figures come from the company's reported filings summarized by Ticker Scout.

Next date for investors

The next substantiated company date is October 29, 2026, when Quanta Services plans to release third-quarter results before the market opens and hold its webcast at 9:00 a.m. Eastern time. The release date gives investors a defined checkpoint for revenue, earnings and execution against the targets now under review.

Stock trades ahead of results

The euro quotation places the stock in a pre-results phase for investors using German trading venues. The main questions are whether the third-quarter figures support the growth shown in the second quarter and whether the company can maintain the operating momentum reflected in its 2026 outlook. The stock was trading at EUR 492.60 at Lang & Schwarz on October 23, 2026 at 11:36 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Quanta Services stock.