MWH
SOLV Energy, Inc.
MWH
25.64USD
+7.64%
Nov 08, 2026
Price
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Price Action
Price trend is broken
Longer-term context reads new trend, with a near-term setup of daily advance.
The tactical setup reads daily advance, but the weekly structure is broken.
EntryReset + recovery
The recent reset toward the daily SMA100. Daily structure is recovering above the fast averages, improving the current entry location.
Key Financials
- Market Cap
- $5.2B
- Avg Volume (60D)
- 1.5M
- Revenue Growth YoY
- +77.5%
- Gross Margin
- +17.5%
- Operating Margin
- +8.0%
- Next Earnings
- 2026-11-12
- P/E
- 54.6x
- EV / EBITDA
- 15.7x
- EV / Sales
- 1.5x
60 sessions
Latest quarter
Latest quarter
Market metrics as of Nov 7, 2026
Business Performance
Insufficient evidenceA revenue trend needs at least three unbroken comparable quarters, so none is read here.
Latest reported: Q2 FY2026, ended Jun 30
Revenue growthNot enough data
+78%
$951M in Q2 FY2026 · YoY
YoY growth, last 4 quarters
- n/a
- n/a
- +66%
- +78%
Earnings growthDeclining
-17%
Net income $37.0M. No comparable quarterly EPS is available.
Not enough comparable diluted EPS quarters for a YoY sequence.
Operating marginContracting
7.3%
-3.5 pp YoY · gross margin 14.7% (-6.4 pp)
Business Quality
Not assessedNot assessed yet — too few fiscal years of filings are on record.
Fundamentals & Valuation
Only one valuation perspective could be built for this company, and it reads fair.
SOLV Energy, Inc. has a Fair valuation stance because the price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.
Company Research
Thesis
SOLV Energy is a full-lifecycle utility-scale energy-infrastructure contractor: it engineers, procures, constructs, tests, commissions, operates, maintains, upgrades, and repowers solar, battery-storage, and associated high-voltage assets.
Opportunity
Moderate opportunity
EPC, commissioning, high-voltage integration, and lifecycle-service demand created by developers and utilities building utility-scale solar and standalone or co-located battery-storage capacity to add grid energy and flexible capacity.
Key risk
Dependence on renewable project development cycles.
Economic classification
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Business & Markets
Utilities · Utilities - Renewable
What they do
SOLV Energy, Inc. designs, builds, and maintains utility-scale solar and battery storage projects and related infrastructure in the U.S., providing engineering, procurement, construction, commissioning, operations, maintenance, and repowering services.
How it earns
Project-based revenue from engineering, construction, and lifecycle services for renewable energy infrastructure.
Products & services
Engineering, procurement, and construction (EPC) services
Operations and maintenance services
Testing and commissioning
Repowering services
Customers & end markets
Project developers
Independent power producers
Utilities
Market position
Niche provider focused on utility-scale solar and battery storage EPC and lifecycle services.
Demand drivers
Medium cyclicality
Demand depends on renewable energy project development cycles and capital investment trends.
Peers
Companies validated as economically comparable to MWH — similar business, revenue model and scale.
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