Onterris Reaffirms 2026 Outlook Despite Soft Q1 Results

Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Montrose Environmental Group ( (MEG) ) has issued an announcement. On May 6, 2026, Onterris, Inc. reported first-quarter 2026 revenue of $168.5 million, down 5.2% year over year, as lower environmental emergency response work and weather-disrupted Measurement and Analysis activity offset organic growth in its Consulting and Treatment segment. Despite the revenue decline, net loss narrowed to $12.7 million, adjusted EBITDA slipped modestly to $17.8 million, and operating cash flow turned negative largely due to higher 2025 bonus payouts, while leverage stood at 2.8x with $188.4 million in available liquidity. The company reaffirmed its full-year 2026 revenue guidance of $840 million to $900 million and adjusted EBITDA of $125 million to $130 million, implying mid‑single‑digit organic growth and margin expansion, and projected stronger second-quarter revenue of $190 million to $210 million with higher EBITDA margins. Onterris also highlighted its April 17, 2026 rebrand and segment realignment as strategic moves to unify services, enhance cross‑selling, and support a plan to resume small, accretive acquisitions, underscoring management’s confidence that recent weather and emergency-response headwinds are temporary and that demand remains robust. The most recent analyst rating on (MEG) stock is a Hold with a $33.00 price target. To see the full list of analyst forecasts on Montrose Environmental Group stock, see the MEG Stock Forecast page. Spark’s Take on MEG Stock According to Spark, TipRanks’ AI Analyst, MEG is a Neutral. The score is driven primarily by improving financial performance (better cash generation and deleveraging, with operating profitability turning positive) and a supportive earnings outlook targeting further growth and margin expansion. Offsetting this, technicals remain bearish with the stock below key moving averages, and valuation is constrained by ongoing GAAP losses and no dividend support. To see Spark’s full report on MEG stock, click here. More about Montrose Environmental Group Onterris, Inc., formerly Montrose Environmental Group, is a NYSE-listed global environmental solutions company focused on consulting, treatment, measurement, and analysis services that address complex environmental challenges. The company serves clients seeking advanced environmental solutions, with operations organized into Consulting and Treatment and Measurement and Analysis segments. Average Trading Volume: 365,297 Technical Sentiment Signal: Sell Current Market Cap: $771.5M Learn more about MEG stock on TipRanks’ Stock Analysis page.