Quanta Services – Steady Performer Benefits from Record Order Backlog Driven by AI Power Boom

Quanta constructs power lines, substations, generation facilities, and infrastructure for AI data centers. The order backlog stands at a record high of $53.4 billion. The earnings forecast for 2026 has been significantly raised. By 2030, the adjusted EPS is expected to at least double. A tight labor market gives Quanta an advantage. Quanta Services (PWR) is one of the leading providers of critical energy infrastructure. The company builds high-voltage power lines, substations, energy facilities, and power infrastructure for data centers....