SOLV Energy (NASDAQ:MWH) Given New $42.00 Price Target at Robert W. Baird

SOLV Energy (NASDAQ:MWH) had its target price reduced by Robert W. Baird from $50.00 to $42.00 in a research report released on Friday, Marketbeat Ratings reports. They currently have an outperform rating on the stock.

Other research analysts also recently issued research reports about the stock. Weiss Ratings started coverage on shares of SOLV Energy in a research report on Wednesday, June 3rd. They issued a “sell (d)” rating on the stock. Guggenheim raised their target price on shares of SOLV Energy from $37.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. Canadian Imperial Bank of Commerce lifted their price target on shares of SOLV Energy from $37.00 to $38.00 and gave the stock an “outperformer” rating in a report on Monday, April 20th. Zacks Research raised SOLV Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Finally, KeyCorp increased their price objective on SOLV Energy from $36.00 to $50.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, SOLV Energy has an average rating of “Moderate Buy” and a consensus target price of $39.64.

SOLV Energy Trading Down 2.2%

Shares of SOLV Energy stock opened at $32.00 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.07. The business’s 50-day simple moving average is $30.56. SOLV Energy has a 1 year low of $23.83 and a 1 year high of $48.40.

SOLV Energy (NASDAQ:MWH) last issued its quarterly earnings data on Thursday, August 13th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.04. The business had revenue of $951.24 million for the quarter. The business’s revenue for the quarter was up 77.4% compared to the same quarter last year. Equities analysts expect that SOLV Energy will post 1.49 EPS for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SOLV Energy stock. Neumeier Poma Investment Counsel LLC acquired a new stake in shares of SOLV Energy Inc. (NASDAQ:MWH) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 538,040 shares of the company’s stock, valued at approximately $18,320,262,000. Neumeier Poma Investment Counsel LLC owned about 0.43% of SOLV Energy at the end of the most recent reporting period.

Trending Headlines about SOLV Energy

Here are the key news stories impacting SOLV Energy this week:

• Positive Sentiment: Second-quarter earnings per share were $0.30, exceeding the $0.26 consensus estimate, while revenue surged 77.4% year over year to $951.2 million. Adjusted EBITDA increased to $117 million from $86 million, supported by higher business activity and a growing backlog. SOLV Energy Reports Second Quarter 2026 Financial Results
• Positive Sentiment: SOLV Energy issued fiscal 2026 revenue guidance of $3.9 billion to $4.0 billion, above the approximately $3.8 billion analyst consensus. The outlook reflects continued demand for its power infrastructure services. SOLV Energy Q2 2026 Earnings Call Highlights
• Positive Sentiment: Robert W. Baird maintained an “outperform” rating and sees meaningful potential upside, despite lowering its price target from $50 to $42. The revised target remains well above the current reference price of $32. Benzinga analyst update
• Neutral Sentiment: The earnings call highlighted record revenue and a substantial backlog increase, which may improve future visibility, although investors will likely seek more detail on backlog conversion, project timing, and profitability. SOLV Energy Q2 2026 Earnings Call Transcript
• Negative Sentiment: Gross margin declined to 14.7% from 21.1% a year earlier, while adjusted gross margin fell to 15.2% from 21.1%. The margin compression may be weighing on sentiment despite revenue and EBITDA growth. SOLV Energy financial results
• Negative Sentiment: Baird’s price-target reduction from $50 to $42 signals more cautious valuation assumptions, even though the firm continues to recommend the stock.

SOLV Energy Company Profile

SOLV Energy (NASDAQ: MWH) is a renewable energy company that develops, constructs and operates solar and energy storage projects. The firm provides solutions aimed at reducing customers’ reliance on traditional grid power by pairing photovoltaic systems with battery storage where appropriate. SOLV’s activities are centered on delivering commercial-scale and distributed generation projects for business, institutional and public sector clients.

The company’s services encompass multiple phases of project delivery, including site assessment, system design, procurement, engineering and construction, and ongoing operations and maintenance.