SOLV Energy Inc. (NASDAQ:MWH) Receives Consensus Recommendation of "Buy" from Analysts

Key Points

• Analysts give SOLV Energy a consensus recommendation of “Buy” from 11 firms (nine buy, one strong buy, one hold) with an average 12‑month price target of $35.10.
• Major firms including JPMorgan, Jefferies, KeyCorp and Guggenheim recently initiated or assumed coverage, issuing buy/overweight ratings with price targets ranging roughly $32–$37.
• SOLV reported an EPS beat on March 19 (EPS $0.30 vs. $0.15 expected) with revenue up 80% year‑over‑year; the stock opened at $29.72 and trades in a 52‑week range of $26.42–$33.00.

Shares of SOLV Energy Inc. (NASDAQ:MWH - Get Free Report) have been given a consensus recommendation of "Buy" by the eleven research firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $35.10.

Several equities analysts have weighed in on the stock. Wall Street Zen upgraded shares of SOLV Energy to a "hold" rating in a report on Sunday, February 22nd. JPMorgan Chase & Co. assumed coverage on shares of SOLV Energy in a report on Monday, March 9th. They set an "overweight" rating and a $34.00 price target for the company. Jefferies Financial Group initiated coverage on SOLV Energy in a report on Monday, March 9th. They issued a "buy" rating and a $32.00 price objective on the stock. KeyCorp started coverage on SOLV Energy in a research report on Monday, March 9th. They issued an "overweight" rating and a $34.00 price objective for the company. Finally, Guggenheim started coverage on SOLV Energy in a research note on Monday, March 9th. They set a "buy" rating and a $37.00 target price for the company.

SOLV Energy Stock Performance

NASDAQ MWH opened at $29.72 on Friday. SOLV Energy has a 52 week low of $26.42 and a 52 week high of $33.00.

SOLV Energy (NASDAQ:MWH - Get Free Report) last announced its quarterly earnings data on Thursday, March 19th. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.15 by $0.15. The business's revenue was up 80.0% compared to the same quarter last year.

About SOLV Energy

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.

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