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SOLV Energy, Inc.

MWH

Last
$25.84
Day
+0.6%
1y
+442.0%
5y
+422.2%
52w
-46.9%
SPY YTD
+13.3%
XLU
-4.9%
Earnings
2026-11-1232d
EMA 21
25.60
EMA 50
26.79
EMA 200
25.20
20d high
-6.3%
5y high
-46.9%
5y range
49th
Website · 2,600 employees · United States

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Score
10
Hold
watch
Signal
Neutral
Target
$27.97
Stop
$23.79
Stop distance
7.9%
Target vs last
+8.2%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • SOLV Energy, Inc. operates in the rapidly growing renewable energy sector, which is expected to see increased demand as governments and corporations prioritize sustainability.
  • Revenue increased by 41% compared to the prior quarter, reaching $951 million.
  • Operating margin expanded to 7.3% in the latest quarter, indicating improved operational efficiency.
Bear case
  • The company has a high debt-to-equity ratio of 9.824, which may pose financial risks in a volatile market.
  • Gross margin decreased to 14.7% from 17.6% in the prior quarter, suggesting potential challenges in cost management.
  • The trailing P/E ratio is 53.04, indicating that the stock may be overvalued relative to its earnings.

Fundamentals

Market cap$5.20BEnterprise value$3.25BTrailing P/E54.66Forward P/E15.07
PEG—Price / book6.40Beta—Dividend yield0.00%
Revenue growth77.5%Earnings growth—Gross margin17.5%Operating margin8.0%
Profit margin3.8%ROE—ROA—Debt / equity0.10
Current ratio1.09Free cash flow—Analyst recommendationnoneMean target$43.73
52w high$48.4052w low$23.36

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$951M$677M$794M$753M$536M—
Op margin7.3%-1.1%5.7%11.0%10.8%—
Net income$37.0M-$23.4M$67.4M$38.2M$44.3M—
Gross margin14.7%17.6%18.1%19.7%21.1%—
Gross profit$140M$119M$144M$148M$113M—
Operating income$69.7M-$7.2M$45.2M$82.8M$58.1M—
  • Revenue +41% vs prior quarter ($951M vs $677M).
  • Gross margin 14.7% (was 17.6% prior quarter).
  • Operating margin expanded to 7.3%.

Yearly (6y)

2025202420232022
Revenue$2.5B$1.8B$2.1B$2.3B
Op margin7.8%3.5%-2.5%-3.5%
Net income$149M$9.9M-$110M-$122M
Gross margin18.6%14.0%5.2%4.2%
Gross profit$464M$259M$110M$97.9M
Operating income$195M$64.9M-$52.9M-$82.3M
Headline scan

Headlines — positive tone

• [OK · fundamentals] SOLV Energy Inc (MWH) (Q2 2026) Earnings Call Highlights: Record Revenue and Backlog Surge Amid ...

News

MWH · daily-2.9% over 13 sessions
Close EMA21 EMA50 EMA200
23.1624.2625.3726.4727.572026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
-$23M$220M$464M$708M$951M-1%10%21%2025-Q22025-Q32025-Q42026-Q12026-Q2