374Water Inc (SCWO)
NASDAQIndustrialsIndustrial - Pollution & Treatment ControlsSnapshot 2026-09-04
$3.32+2.15%
Close 2026-09-04 · 1-day change
NASDAQIndustrialsIndustrial - Pollution & Treatment ControlsSnapshot 2026-09-04
QuarterlyIQ Insights · SCWO
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 881.4% |
| Our one-year growth estimate | diamond | -49.5% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 930.9 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 7 industry peers · Company calendar date is not available
SCWO — earnings in line
Dated 2026-03-31
of this Current Report, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “ Exchange Act ”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Why it matters: The Orlando facility is likely to bring in regular revenue. Its success will show if the Waste Destruction Services model can grow.
Supportive ifMonthly revenue from the Orlando WDS facility is over $100,000. Contracts are increasing.
Worry ifMonthly revenue from the Orlando facility is under $100,000. This shows slow growth.
Why it matters: A new CFO can bring fresh strategies and improve financial management. This could stabilize or enhance financial performance.
Watch forPositive financial news or new plans come after the CFO change.
Also watch forFinancial problems continue or no new plans after the change.
Why it matters: If the industrial sector's revenue growth picks up, it may benefit 374Water. This could lead to improved performance and investor interest.
Supportive ifSector revenue growth may speed up to 5% or more in the next quarter.
Worry ifSector revenue growth keeps slowing down below 5%.
Why it matters: New partnerships can enhance growth and market presence for 374Water.
Supportive ifThe company announces at least one new strategic partnership by the end of Q3.
Worry ifNo new partnerships are announced by the end of Q3, indicating stalled growth.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$292 on $10,000 · ±2.9% | How much price usually moves either way. |
| Bad day | $987 loss on $10,000 · 9.9% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $7,493 loss on $10,000 · 74.9% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: This earnings report will provide updates on revenue and operating income. It is a key moment for investors.
Watch forThe earnings report shows revenue growth. It also shows better operating income.
Also watch forThe earnings report shows falling revenue. It also shows worse operating income.
Why it matters: Achieving this revenue target is crucial for the company's growth strategy. It shows demand for their services is increasing.
Supportive ifMonthly revenue is $200,000 or more from initial operations.
Worry ifMonthly revenue is under $100,000. This shows weak demand.
Why it matters: The remaining $2.6 million from the OC San contract shows business progress.
Supportive ifThe company invoices the remaining $2.6 million from the OC San contract by Q3.
Worry ifThe company fails to invoice any amount from the OC San contract in Q3.
Why it matters: Higher operating income means better cost control. This shows the business is healthier.
Supportive ifOperating income is improving. It is getting closer to breaking even.
Worry ifOperating income is still going down or stays negative.
Why it matters: Finishing the St. Cloud project shows the ability to operate and market need.
Supportive ifThe St. Cloud pilot project wraps up successfully by the end of September.
Worry ifThe St. Cloud pilot project experiences major issues or delays past September.
Why it matters: This revenue target is essential for the company's long-term financial health and growth.
Supportive ifMonthly revenue from the Orlando facility is $400,000 or more.
Worry ifMonthly revenue from the site is below $100,000. This shows operational issues.
Why it matters: New partnerships could help 374Water reach more markets and grow revenue faster.
Supportive ifNew partnerships were announced. They will expand the Waste Destruction Services offerings.
Worry ifNo new partnerships were announced. This may slow growth opportunities.
Why it matters: New leaders might bring new ideas to boost financial performance.
Watch forCFO Weiser outlines a clear plan to improve financial results in a press release.
Also watch forCFO Weiser will not share any plans or updates in the next quarter.
Why it matters: Better margins show the company is running efficiently. This is good for financial health.
Supportive ifGross margin improves beyond 88% as indicated in Q2 2026.
Worry ifIf gross margins drop or do not improve, it shows there are operational problems.
Why it matters: Seeing this revenue could help financial results and make investors feel better.
Supportive ifManagement says they see deferred revenue. This will help increase revenue.
Worry ifIf they do not recognize deferred revenue, revenue numbers will remain low.
Why it matters: Positive results could boost confidence in the technology and lead to more contracts.
Supportive ifSuccessful completion of the six-month campaign with positive feedback from the City of St. Cloud.
Worry ifThere are negative results or problems reported during the campaign.
Why it matters: Finishing this project would show that operations are ready. It would help future contracts.
Supportive ifThe OC San equipment contract has met the final volume milestone.
Worry ifThe contract fails to meet the final volume milestone or faces delays.
Why it matters: This deployment is important for gaining an extra $2.6 million in revenue. It shows the company can handle big contracts.
Supportive ifThe AirSCWO system for OC San was delivered. It started operations in October.
Worry ifA delay in deployment or not meeting goals for OC San is a concern.
Why it matters: New partnerships could enhance growth and expand market reach. They are vital for scaling the Waste Destruction Services platform.
Supportive ifNew partnerships were announced. They will improve operations or market access.
Worry ifNo new partnerships were announced, which may slow down growth.