SOLV Energy (NASDAQ:MWH) given New $42.00 price target at Robert W. Baird. August 14, 2026 Key points. * Robert W. Baird lowered SOLV Energy's price target from $50 to $42 while maintaining an "outperform" rating, implying about 28% upside from the prior close. * Analyst sentiment remains broadly positive, with an overall "Moderate Buy" consensus and an average price target of $39.27, despite ratings ranging from strong buy to sell. * SOLV Energy reported quarterly EPS of $0.30, beating estimates by $0.04, while revenue rose 77.4% year over year to $951.24 million; its shares opened at $32.73 after rising 8.8%. * Interested in SOLV Energy? Here are five stocks we like better. SOLV Energy (NASDAQ:MWH - Get Free Report) had its target price decreased by investment analysts at Robert W. Baird from $50.00 to $42.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an "outperform" rating on the stock. Robert W. Baird's target price suggests a potential upside of 28.32% from the stock's previous close. Several other analysts have also weighed in on MWH. Canadian Imperial Bank of Commerce upped their price objective on SOLV Energy from $37.00 to $38.00 and gave the company an "outperformer" rating in a report on Monday, April 20th. KeyCorp upped their price target on shares of SOLV Energy from $36.00 to $50.00 and gave the company an "overweight" rating in a report on Wednesday, May 13th. UBS Group restated a "neutral" rating and set a $50.00 price objective (up from $42.00) on shares of SOLV Energy in a research report on Thursday, May 14th. Weiss Ratings initiated coverage on shares of SOLV Energy in a report on Wednesday, June 3rd. They issued a "sell (d)" rating on the stock. Finally, Zacks Research raised shares of SOLV Energy from a "hold" rating to a "strong-buy" rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, SOLV Energy has an average rating of "Moderate Buy" and an average price target of $39.27. SOLV Energy trading up 8.8%. Shares of MWH opened at $32.73 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a 50-day moving average of $30.57. SOLV Energy has a 52-week low of $23.83 and a 52-week high of $48.40. SOLV Energy (NASDAQ:MWH - Get Free Report) last posted 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 company had revenue of $951.24 million during the quarter. The firm's revenue was up 77.4% compared to the same quarter last year. As a group, sell-side analysts predict that SOLV Energy will post 1.49 EPS for the current year. Institutional trading of SOLV Energy. An institutional investor recently raised its stake in SOLV Energy stock. Bank of New York Mellon Corp grew its position in SOLV Energy Inc. (NASDAQ:MWH - Free Report) by 697.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 98,660 shares of the company's stock after buying an additional 86,290 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.08% of SOLV Energy worth $3,359,000 at the end of the most recent quarter. 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. Discover more Dividend screener tool Stock profit calculator EV market analysis The company's services encompass multiple phases of project delivery, including site assessment, system design, procurement, engineering and construction, and ongoing operations and maintenance. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider SOLV Energy, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SOLV Energy wasn't on the list. While SOLV Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

SOLV Energy reported record financial results for the second quarter of 2026, with revenue increasing 77% year-over-year to $951 million. First-half revenue reached $1.628 billion, up 72% from the previous year, driven by increased construction activity and mergers and acquisitions. The company's total backlog grew 44% year-over-year to approximately $8.9 billion as of 30 June 2026. SOLV now has over 23 GW under contract for operations and maintenance services. Second-quarter gross profit reached $140 million, with first-half results totalling $259 million. On 1 July 2026, SOLV completed its acquisition of Roberson Waite Electric. Chief Executive Officer George Hershman said the company is raising its full-year financial guidance, citing strong execution and growing customer demand for energy infrastructure services.