Dec. 26, 2025 3:42 PM ETQuanta Services, Inc. (PWR) StockFirst Principles Partners1.56K FollowersCommentsSummaryQuanta Services is rated a buy, driven by robust electric infrastructure demand and strong execution in data center-related projects.PWR’s backlog reached $39.2 billion in Q3’25, reflecting surging data center demand and multi-year partnerships with major utilities and hyperscalers.Revenue growth is projected at 18.37% YoY for 2025, with continued EPS expansion and a solid liquidity position supporting future obligations.PWR trades at a P/S of 2.33x, appearing undervalued versus peers given its superior forward revenue growth and sector positioning.Oleg Kovtun/iStock Editorial via Getty ImagesIntroduction and Investment RiskI am bullish on Quanta Services, Inc. (NYSE: PWR), driven by the Electric Infrastructure Solution segment, which shows high recurring revenue growth potential. For example, Quanta is selected by NiSource toThis article was written byFirst Principles Partners1.56K FollowersFirst Principles Partners is an equity research analyst specializing in technology, innovation, and sustainability investment. My unique approach, "First Principles," involves breaking down complex problems to their most basic elements in terms of financial and technology, enabling me to uncover overlooked investment opportunities.With a strong background in investment, private equity and venture capital, I have a proven track record of delivering strong returns for readers. Articles on Seeking Alpha focus on emerging technologies, sustainable investing, and the intersection of innovation and finance. I am passionate about sharing insights with a wider audience and learning from fellow investors. Together, we can drive positive change and contribute to a more sustainable and innovative world.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments