SOLV Energy, Inc. (MWH)

NASDAQ: MWH · Real-Time Price · USD
38.06
-0.66 (-1.70%)
May 21, 2026, 3:07 PM EDT - Market open
Market Cap7.71B
Revenue (ttm)2.76B +49.3%
Net Income126.54M +1,175.3%
EPS1.10
Shares Out 202.49M
PE Ratio34.69
Forward PE26.40
Dividendn/a
Ex-Dividend Daten/a
Volume1,233,506
Open38.47
Previous Close38.72
Day's Range36.69 - 38.93
52-Week Range26.42 - 48.40
Betan/a
AnalystsStrong Buy
Price Target46.18 (+21.34%)
Earnings DateMay 12, 2026

About MWH

SOLV Energy, Inc. provides infrastructure services to the power industry in the Unites Sates. It offers engineering, procurement, construction, testing, commissioning, operations, maintenance, and repowering services. The company engages in designing, building, and maintaining utility-scale solar and battery storage projects with capacity of 200 MWdc, and larger and related transmission and distribution infrastructure. It also provides operations and maintenance services to existing utility-scale solar energy projects. The company serves projec... [Read more]

Sector Utilities
IPO Date Feb 11, 2026
Employees 2,600
Stock Exchange NASDAQ
Ticker Symbol MWH
Full Company Profile

Financial Performance

In 2025, SOLV Energy's revenue was $2.49 billion, an increase of 34.78% compared to the previous year's $1.85 billion. Earnings were $149.18 million, an increase of 1403.56%.

Financial Statements

Analyst Summary

According to 11 analysts, the average rating for MWH stock is "Strong Buy." The 12-month stock price target is $46.18, which is an increase of 21.34% from the latest price.

Price Target
$46.18
(21.34% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Solv Energy downgraded to Neutral from Buy at UBS

UBS analyst Jon Windham downgraded Solv Energy (MWH) to Neutral from Buy with a price target of $50, up from $42. The firm still likes the company’s end market exposure…

7 days ago - TheFly

Solv Energy price target raised to $49 from $38 at CIBC

CIBC raised the firm’s price target on Solv Energy (MWH) to $49 from $38 and keeps an Outperformer rating on the shares. The firm says Q1 results/update highlighted the company’s…

8 days ago - TheFly

Solv Energy price target raised to $55 from $35 at Roth Capital

Roth Capital analyst Philip Shen raised the firm’s price target on Solv Energy (MWH) to $55 from $35 and keeps a Buy rating on the shares. The company delivered a…

8 days ago - TheFly

Solv Energy price target raised to $51 from $49 at Evercore ISI

Evercore ISI raised the firm’s price target on Solv Energy (MWH) to $51 from $49 and keeps an Outperform rating on the shares. The firm updated its model following Q1…

8 days ago - TheFly

Solv Energy price target raised to $50 from $36 at Baird

Baird raised the firm’s price target on Solv Energy (MWH) to $50 from $36 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results…

8 days ago - TheFly

Solv Energy price target raised to $50 from $36 at KeyBanc

KeyBanc raised the firm’s price target on Solv Energy (MWH) to $50 from $36 and keeps an Overweight rating on the shares. The firm notes the company reported a very…

8 days ago - TheFly

SOLV Energy Q1 Earnings Call Highlights

SOLV Energy NASDAQ: MWH reported sharply higher first-quarter revenue and adjusted earnings, raised its full-year profit outlook and said demand for solar, storage and grid infrastructure remains stro...

9 days ago - MarketBeat

SOLV Energy Earnings Call Transcript: Q1 2026

Q1 2026 delivered strong revenue and margin growth, with adjusted EBITDA up 174% year-over-year and backlog reaching $8.2 billion. Full-year guidance for adjusted gross profit and EBITDA was raised, supported by robust demand, strategic acquisitions, and expanding O&M contracts.

9 days ago - Transcripts

SOLV Energy Earnings release: Q1 2026

SOLV Energy released its Q1 2026 earnings on May 12, 2026, summarizing the period's financial results.

9 days ago - Filings

SOLV Energy Slides: Q1 2026

SOLV Energy has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 12, 2026.

9 days ago - Filings

SOLV Energy Quarterly report: Q1 2026

SOLV Energy has published its Q1 2026 quarterly earnings report on May 12, 2026.

9 days ago - Filings

Solv Energy reports Q1 EPS (20c), consensus 15c

Reports Q1 revenue $676.81M, consensus $618.33M. “With our IPO complete, our focus remains on execution and delivering exceptional services to our customers; a commitment reflected in continued streng...

9 days ago - TheFly

Solv Energy sees FY26 revenue $3.72B-$3.82B, consensus $3.77B

Sees FY26 adjusted EBITDA $435M-$455M. Sees FY26 adjusted gross profit $610M-$650M.

9 days ago - TheFly

SOLV Energy Reports First Quarter 2026 Results

SAN DIEGO, May 12, 2026 (GLOBE NEWSWIRE) -- SOLV Energy, Inc. (“SOLV” or the “Company”) (Nasdaq: MWH), a leading provider of infrastructure services to the power industry, today announced financial re...

9 days ago - GlobeNewsWire

Solv Energy to acquire Roberson Waite Electric, terms undisclosed

Solv Energy (MWH) announced it has entered into an agreement to acquire Roberson Waite Electric, a California-based provider of utility substation construction, testing, commissioning, and related inf...

17 days ago - TheFly

SOLV Energy to Report First Quarter 2026 Financial Results on May 12, 2026

SAN DIEGO, May 04, 2026 (GLOBE NEWSWIRE) -- SOLV Energy, Inc. (“SOLV” or the “Company”) (Nasdaq: MWH) plans to report first quarter 2026 results on Tuesday, May 12, 2026. Management will present resul...

17 days ago - GlobeNewsWire

SOLV Energy Expands Utility Infrastructure Platform with Roberson Waite Electric Acquisition, Advancing Long-Term Growth Strategy for Shareholders

SAN DIEGO, May 04, 2026 (GLOBE NEWSWIRE) -- SOLV Energy, Inc. (Nasdaq: MWH) (“SOLV”), a leading provider of infrastructure services to the power industry, today announced it has entered into an agreem...

17 days ago - GlobeNewsWire

Solv Energy price target raised to $38 from $37 at CIBC

CIBC raised the firm’s price target on Solv Energy (MWH) to $38 from $37 and keeps an Outperformer rating on the shares. The firm said in a Q1 Power &…

4 weeks ago - TheFly

Solv Energy price target raised to $36 from $34 at KeyBanc

KeyBanc raised the firm’s price target on Solv Energy (MWH) to $36 from $34 and keeps an Overweight rating on the shares. The firm thinks Solv has squarely positioned itself…

5 weeks ago - TheFly

SOLV Energy Highlights Industry-Leading O&M Scale and Largest Single-Site Agreement Ahead of AMNA 2026

SAN DIEGO, April 01, 2026 (GLOBE NEWSWIRE) -- SOLV Energy today highlighted its industry‑leading operations and maintenance (O&M) platform, with an O&M portfolio that exceeds 20 GW of utility-scale so...

7 weeks ago - GlobeNewsWire

SOLV Energy Earnings Call Transcript: Q4 2025

Record 2025 results with revenue up 35% and adjusted EBITDA more than doubling year-over-year. Backlog surged to $8 billion, supporting a 2026 revenue outlook of up to $3.82 billion. Strong demand, robust safety metrics, and a focus on solar-plus-storage drive growth.

2 months ago - Transcripts

SOLV Energy Annual report: Q4 2025

SOLV Energy has published its Q4 2025 annual report on March 19, 2026.

2 months ago - Filings

SOLV Energy Earnings release: Q4 2025

SOLV Energy released its Q4 2025 earnings on March 19, 2026, summarizing the period's financial results.

2 months ago - Filings

SOLV Energy Slides: Q4 2025

SOLV Energy has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on March 19, 2026.

2 months ago - Filings

Solv Energy reports Q4 revenue $794M, consensus $791.65M

Reports Q4 adjusted EBITDA $100M vs. $53M last year. “We closed 2025 with record financial performance that reflects the strength of our value proposition and the sustained demand for infrastructure…

2 months ago - TheFly