Consolidated Water: Hawaii Delays Have Crushed Sentiment, But The Thesis Is Still Intact
Consolidated Water Co. Ltd. has experienced a significant decline in stock price due to delays in a key desalination project in Hawaii. Despite these challenges, the company's recurring operations and maintenance revenue remain stable. Analysts still view the stock as a buy, indicating confidence in its long-term prospects.
- ▪Consolidated Water's stock price has dropped 22% due to permitting delays in the Hawaii desalination project.
- ▪The company's Q1FY26 results showed an 11% year-over-year decline in revenue.
- ▪Despite the setbacks, the recurring revenue from operations and maintenance remains stable.
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