Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Solv Energy Inc (MWH)
NASDAQUtilitiesRenewable UtilitiesSnapshot 2026-11-04
$23.82-9.60%
Close 2026-11-05 · 1-day change
NASDAQUtilitiesRenewable UtilitiesSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
1.63 → 1.69 EPS · FY ending Dec 31, 2027 · 4 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 4 to 4; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for MWH yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Achieve adjusted EBITDA of $400M to $420M in FY26 | A supporting condition in Solv Energy Inc's published investment case. The stated target is >= $400M and <= $420M. | Improving | Adjusted EBITDA falls below $400 million in FY26 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Nov 12, 2026
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
MWH is a growth-oriented Utilities business whose multi-year view depends on continued execution, including contributions from acquisitions. The thesis is intact, but confidence is low and the risk label has risen to elevated.
The evidence characterizes MWH as cheap versus peers, but confidence in that valuation view is low. The snapshot gives no clear measure of the market’s specific expectations, so it is uncertain how much of the stronger guidance is already reflected.
Near term, first-half revenue and adjusted EBITDA growth and raised full-year guidance support the business trajectory. Adjusted gross margin has fallen, and full-year margin guidance was lowered slightly; recent earnings results have also been uneven, which adds execution risk.
The multi-year thesis hinges on delivering the higher 2026 revenue and EBITDA guidance while stabilizing margins. A guidance reversal would damage confidence, while lower interest rates or continued strength among sector peers could support the broader Utilities backdrop.
Over the next 1 to 3 years, MWH’s business setup is supported by strong recent growth, but margin pressure, uneven earnings, and elevated risk make execution central to the long-term thesis. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| A primary condition in Solv Energy Inc's published investment case. The stated target is >= 16.4% and <= 17.0%. |
| Broken |
| Gross margin falls below 16.4% in FY26 |
Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 2 of 2 supplied quarters. Management reported: “Gross and Adjusted Gross Margin in the second quarter of 2026 was 14.7% and 15.2%, respectively, compared to 21.1% in the prior-year period.” “Additionally, and commencing in the second quarter of 2026, Gross and Adjusted Gross Margin now reflect a prospective classification change of certain annual bonus compensation expense to cost of revenue from selling, general and administrative expense; the impact of which is over 60 basis points to Gross and Adjusted Gross Margin in the first half 2026.” Gross profit was $139.613 million in 2026-Q2. Delivery assessment Nov 4, 2026 |
Achieve revenue of $3.72B to $3.82B in FY26 | A primary condition in Solv Energy Inc's published investment case. The stated target is >= $3.72B and <= $3.82B. | Intact | Annual revenue falls below $3.72 billion in FY26 | Revenue: $951.243M FY2026-Q2; GAAP. Published target: >= $3.72B and <= $3.82B. Annual target cannot be compared with a quarterly or TTM observation. Aug 14, 2026951,243,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$1.73 → $1.69 · observed estimates
$4.41B → $4.52B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-08-14 | $1.73 | $4,406,609,251 | 3 / 5 |
| 2026-08-15 | $1.73 | $4,406,609,251 | 3 / 5 |
| 2026-08-16 | $1.73 | $4,406,609,251 | 3 / 5 |
| 2026-08-17 | $1.73 | $4,406,609,251 | 3 / 5 |
| 2026-08-18 | $1.73 | $4,406,609,251 | 3 / 5 |
| 2026-08-19 | $1.73 | $4,406,609,251 | 3 / 5 |
| 2026-08-20 | $1.65 | $4,464,887,374 | 3 / 5 |
| 2026-08-21 | $1.65 | $4,464,887,374 | 3 / 5 |
| 2026-08-22 | $1.65 | $4,450,661,752 | 3 / 5 |
| 2026-08-23 | $1.65 | $4,450,661,752 | 3 / 5 |
| 2026-08-24 | $1.65 | $4,450,661,752 | 3 / 5 |
| 2026-08-25 | $1.65 | $4,450,661,752 | 3 / 5 |
| 2026-08-26 | $1.65 | $4,490,695,577 | 3 / 5 |
| 2026-08-27 | $1.65 | $4,490,695,577 | 3 / 5 |
| 2026-08-28 | $1.65 | $4,490,695,577 | 3 / 5 |
| 2026-08-29 | $1.65 | $4,490,695,577 | 3 / 6 |
| 2026-08-30 | $1.65 | $4,490,695,577 | 3 / 6 |
| 2026-08-31 | $1.65 | $4,490,695,577 | 3 / 6 |
| 2026-09-01 | $1.65 | $4,490,695,577 | 3 / 6 |
| 2026-09-02 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-03 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-04 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-05 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-06 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-07 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-08 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-09 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-10 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-11 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-12 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-13 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-14 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-15 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-16 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-17 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-18 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-19 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-20 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-21 | $1.63 | $4,476,117,307 | 3 / 6 |
| 2026-09-22 | $1.63 | $4,476,129,086 | 3 / 6 |
| 2026-09-23 | $1.63 | $4,476,129,086 | 3 / 6 |
| 2026-09-24 | $1.63 | $4,476,129,086 | 4 / 6 |
| 2026-09-25 | $1.63 | $4,476,129,086 | 4 / 6 |
| 2026-09-26 | $1.63 | $4,476,129,086 | 4 / 6 |
| 2026-09-27 | $1.63 | $4,476,129,086 | 4 / 6 |
| 2026-09-28 | $1.63 | $4,476,129,086 | 4 / 6 |
| 2026-09-29 | $1.63 | $4,476,129,086 | 4 / 6 |
| 2026-09-30 | $1.63 | $4,476,129,086 | 4 / 6 |
| 2026-10-01 | $1.63 | $4,476,129,086 | 4 / 6 |
| 2026-10-02 | $1.63 | $4,476,129,086 | 4 / 6 |
| 2026-10-03 | $1.63 | $4,476,129,086 | 4 / 6 |
| 2026-10-04 | $1.63 | $4,476,129,086 | 4 / 6 |
| 2026-10-05 | $1.63 | $4,476,129,086 | 4 / 6 |
| 2026-10-06 | $1.63 | $4,476,129,086 | 4 / 6 |
| 2026-10-07 | $1.63 | $4,476,129,086 | 4 / 6 |
| 2026-10-08 | $1.63 | $4,476,129,086 | 4 / 6 |
| 2026-10-09 | $1.63 | $4,476,129,086 | 4 / 6 |
| 2026-10-10 | $1.69 | $4,515,249,034 | 4 / 7 |
| 2026-10-11 | $1.69 | $4,515,249,034 | 4 / 7 |
| 2026-10-12 | $1.69 | $4,515,249,034 | 4 / 7 |
| 2026-10-13 | $1.69 | $4,515,249,034 | 4 / 7 |
| 2026-10-14 | $1.69 | $4,515,249,034 | 4 / 7 |
| 2026-10-15 | $1.69 | $4,526,814,131 | 4 / 7 |
| 2026-10-16 | $1.69 | $4,526,814,131 | 4 / 7 |
| 2026-10-17 | $1.69 | $4,526,814,131 | 4 / 7 |
| 2026-10-18 | $1.69 | $4,526,814,131 | 4 / 7 |
| 2026-10-19 | $1.69 | $4,526,814,131 | 4 / 7 |
| 2026-10-20 | $1.69 | $4,526,774,965 | 4 / 7 |
| 2026-10-21 | $1.69 | $4,526,774,965 | 4 / 7 |
| 2026-10-22 | $1.69 | $4,526,774,965 | 4 / 7 |
| 2026-10-23 | $1.69 | $4,526,774,965 | 4 / 7 |
| 2026-10-24 | $1.69 | $4,526,774,965 | 4 / 7 |
| 2026-10-25 | $1.69 | $4,526,774,965 | 4 / 7 |
| 2026-10-26 | $1.69 | $4,526,774,965 | 4 / 7 |
| 2026-10-27 | $1.69 | $4,526,774,965 | 4 / 7 |
| 2026-10-28 | $1.69 | $4,526,774,965 | 4 / 7 |
| 2026-10-29 | $1.69 | $4,522,143,629 | 4 / 7 |
| 2026-10-30 | $1.69 | $4,522,143,629 | 4 / 7 |
| 2026-10-31 | $1.69 | $4,522,143,629 | 4 / 7 |
| 2026-11-01 | $1.69 | $4,522,143,629 | 4 / 7 |
| 2026-11-02 | $1.69 | $4,522,143,629 | 4 / 7 |
| 2026-11-03 | $1.69 | $4,522,143,629 | 4 / 7 |
| 2026-11-04 | $1.69 | $4,522,143,629 | 4 / 7 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 10 Buy / Strong Buy · 1 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 2 recorded
0 raises · 0 cuts · 0 unchanged · 1 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.