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NYSE:PWR 16 October 2025 - 13 June 2026

Quanta Services Stock Climbs as AI Power Demand Keeps PWR in Focus

Quanta Services Stock Climbs as AI Power Demand Keeps PWR in Focus

Quanta Services, Inc. shares ended the week with a strong rebound, closing Friday at $707.74, up $24.45, or 3.58%, as investors continued to price the infrastructure contractor as a major beneficiary of rising electricity demand tied to data centers and artificial intelligence. The move outpaced the S&P 500 ETF, Nasdaq-100 ETF and Industrial Select Sector SPDR ETF, which each rose about 0.6% in the same session.
Quanta Services Stock Surges After Earnings Beat: The $48.5 Billion Backlog Driving the Move

Quanta Services Stock Surges After Earnings Beat: The $48.5 Billion Backlog Driving the Move

Quanta Services Inc. shares jumped Thursday after the Houston-based contractor outpaced Wall Street’s first-quarter profit and revenue targets, lifting its outlook for the year. Analysts polled by FactSet, as cited by MarketScreener, had expected adjusted earnings of $2.04 per share and revenue at $7.00 billion. Quanta delivered $2.68 and $7.87 billion instead, signaling persistent demand for power grid upgrades, large-load infrastructure, and data center work.
Power Play: PSEG’s Long Island Grid Deal Extends Contract – Could Stock Hit $90+?

Power Play: PSEG’s Long Island Grid Deal Extends Contract – Could Stock Hit $90+?

On Sept. 25, 2025 the Long Island Power Authority board voted to extend the contract with PSEG Long Island by five yearsprnewswire.com. This keeps PSEG as the operator of the 1.2+ million–customer electric grid on Long Island and the Rockaways through 2030. PSEG’s CEO Ralph LaRossa praised the decision: “Since 2014, PSEG Long Island has become the No. 1 overhead electric service provider in the State of New York in reliability and customer satisfaction.”prnewswire.com. The agreement was touted as cost-saving and performance-basedenr.com.
16 October 2025
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