SOLV Energy (MWH) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.33
- Estimate
- $0.24
- Surprise
- +35.8%
- Revenue (period 2026-06-30)
- $951.2M
- Score today
- 6.6/10
Revenue source: xbrl.
How the report landed
SOLV Energy (MWH) beat the $0.24 estimate with diluted EPS of $0.33 — a large 35.8% upside surprise.
Coverage in the report window
- Baird Maintains Outperform on SOLV Energy, Lowers Price Target to $42 — benzinga, 2026-08-14
- Chip Stocks Power S&P 500 to Record Highs, SanDisk Soars 15%: Stock Market Today — benzinga, 2026-08-13
- SOLV Energy Q2 2026 Earnings Call Transcript — benzinga, 2026-08-13
Where TrendMatrix's rating stands now
TrendMatrix currently rates MWH Sell at 6.6/10; no pre/post engine snapshot brackets this report.
1 of the last 1 quarters beat the estimate; this quarter's +35.8% surprise compares with a +35.8% four-quarter average. Next scheduled report: 2026-11-12.
What argues against it
- Concentration risk — Customer: top 10 customers (73.0%)
- Quality below floor (3.8 < 4.0)
- Momentum score 4.2/10 — below 4.5 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $28.45
- Price target
- $39.31
- Stop
- $26.36
- Upside to target
- +38.2%
- Reward-to-risk
- 2.6:1
The stock trades at 48.9× trailing but 15.7× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-08-23 — shown for context, not personalized investment advice.
MWH at TrendMatrix's latest read
Utility earnings are regulatory outcomes on a lag — allowed-return and rate-case posture frame any quarter's print.
- Industry
- Utilities - Renewable
- Market cap
- $5.74B
- P/E (fwd)
- 15.7
- P/E (ttm)
- 48.9
- 52-week range
- $23.83–$48.40
- Off 52-week high
- 41.2%
- RSI (14)
- 47
- Volume vs avg
- 1.28×
- Score today
- 6.6/10