Smart Utility deployments build a delayed growth pipeline
Flat current-quarter volume reflected project timing rather than weak underlying demand, while larger wins are expected to ramp over multiple periods. This supports a positive read-through for smart water, monitoring, and utility-technology providers.
Within Smart Utility, we continue to see strong underlying demand and are winning projects across municipalities and utilities of all sizes. Recent wins reinforce our confidence in the business's growth trajectory, with a number of larger projects expected to continue over multiple periods as deployments ramp.
Who it touches
- CNMbullish
Winning larger Smart Utility projects and expected deployment ramps support future infrastructure volumes.
- WTSbullish
Smart Utility adoption and larger municipal deployments support demand for water-management technologies.
- ZWSbullish
Municipal technology deployments indicate expanding demand for smart water-system solutions.
- XYLbullish
Strong underlying Smart Utility demand and project wins are constructive for digital water adoption.
About this signal
- Theme
- Water Infrastructure
- Company
- Core & Main, Inc.
- Category
- technology
- Call
- Q2 FY2027