ELWT · Elauwit Connection, Inc.
$7.45
+0.34 (+4.78%)
At close · Aug 31
Going-concern doubt
— cleared Aug 19, 2026
The latest filing states the doubt was alleviated.
“These conditions raise initial substantial doubt about the Company’s ability to continue as a going concern. ... Based on this assessment, management has concluded that the Company’s current liquidity position, existing available financing and expected cash flows are sufficient to fund operations for at least the next twelve months, and that substantial doubt about the Company’s ability to continue as a going concern does not exist as of the date these financial statements are issued.”View the 10-Q filed Aug 19, 2026
Market Cap
$47.07M
Shares
6.62M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$7.45
Open$7.31
Day$7.23–7.60
Available close range$4.14–8.84
Avg vol 30d11K
Short int18K · 0.3% float · 1.6d
Short vol35%
Last earningsAug 18, 2026
DataNov 2025–Aug 2026
Filing10-Q · Aug 19
The closing range uses available history since Nov 5, 2025; less than a full year is stored.
Up next
Next earnings call
Nov 22, 2026
Est · unconfirmed
· in 12 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Aug 19, 2026
AI Brief
Q2 FY26 earnings call · Aug 18, 2026
Q2 FY26
TL;DR. Elauwit posted record contracted-unit growth (+33% YoY, +16% QoQ) with activated units up 94% and billed units up 163% YoY, driven by REIT wins and a broader 98,000-unit pipeline, while Q2 revenue declined due to lumpy construction timing that is expected to reverse in the second half.
Bullish
- + Record contracted-unit growth with 33% YoY and 16% QoY increases, on track to exceed 50,000 units under contract before year-end. new
- + Activated units grew 94% YoY and billed units grew 163% YoY, supporting expansion of long-term recurring services revenue. new
- + Major REIT wins totaling more than 4,100 units across 14 properties, with the two REITs planning portfolio-wide rollouts representing hundreds of thousands of additional unit opportunities. new
- + Backlog of more than $38 million in construction and recurring services revenue provides increasing revenue visibility as the company scales. new
- + Operating-cost and margin benefits from new ERP and inventory platforms are expected to begin showing in Q3 and Q4 2026. new
Bearish
- − Q2 revenue declined in the short term due to lumpiness and timing of construction contracts, despite being on track to full-year goals. new
- − Near-term pullback in sales spending to refocus the go-to-market approach may slow additions to sales velocity before reinvestment. new
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Neutral
SellHoldBuy
Technical
Buy
Momentum
Neutral
Sentiment
Neutral
Fundamentals
Excellent
Quant / Vol
Very High
Market backdrop
VIX 14.9 · calm
Equity put/call 0.70
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+11%
above
Price vs 50-day avg
+0%
above
RSI (14)
48
neutral
MACD trend
Negative
52-week position
70%
mid-range
Volume (OBV)
Bullish div.
accumulating
Momentum
relative strength
1-month return
−14%
trailing
6-month return
+11%
trailing
YTD return
+47%
this year
Relative strength
−3%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $7 › 200d $7 — 50d above 200d
Institutional flow
Distributing
-15% holders QoQ · +3 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
0.28% of float · ▼ -30.3% MoM · 1.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
11 holders — 13F breadth
Squeeze score
41
elevated · 0–100
Fundamentals
Revenue growth
+154%
Y/Y
Gross margin
19%
expanding
EPS growth
+18%
Y/Y
Balance sheet
$4.2M
net cash
Quant / Vol
risk profile
Volatility
85%
annualized · 1-yr
Max drawdown
−48%
past year
ATR
7.4%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Aug 18, 2026
Annualized increase in contracted units
· 2026
at least 46%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+11%
Bullish
Price vs 50-day avg
+0%
Bullish
RSI (14)
48
Neutral
MACD trend
Negative
Bearish
52-week position
70%
Neutral
Volume (OBV)
Bullish div.
Bullish
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $7 › 200d $7 — 50d above 200d
Institutional flow
Distributing
-15% holders QoQ · +3 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
0.28% of float · ▼ -30.3% MoM · 1.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
11 holders — 13F breadth
Price context
position in its available closing range
Range low $4
Now $7 · 70%
Range high $9
vs 200-day avg +11%
vs 50-day avg +0%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | -$3M | the three months ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Net Loss -3.13M
+4K Income tax expense
+27K Interest expense, net
+1K Depreciation and amortization
+95K Stock based compensation expense
= Adjusted EBITDA -3M
|
|||
| Recurring service revenue | $1.2M | the three months ended June 30, 2026 filing | — |
| Adjusted EBITDA (Non-GAAP) non-GAAP | -$5.2M | Six Months Ended June 30, 2026 | — |
|
|
|||
| Backlog | $38.9M | June 30, 2026 | — |
| Activated Units | 24,530 | 3/31/26 | — |
| Billed Units | 20,059 | 3/31/26 | — |
| Contracted units | 34,067 | Full Year 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Telecom Services — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
ELWT
this stock
Elauwit Connection, Inc.
|
$47.07M | +46.9% | +154.5% | — | 0.3% |
|
VZ
Verizon Communications Inc
|
$208.15B | +22.8% | +2.5% | 13.0 | 1.8% |
|
TMUS
T-Mobile US, Inc.
|
$194.55B | -11.1% | +8.3% | 19.0 | 1.6% |
|
SFTBF
Softbank Group Corp.
|
$179.52B | +16.1% | — | — | 0.3% |
|
T
At&T Inc.
|
$178.23B | +4.2% | +2.7% | 8.6 | 1.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| ELWT | +1.9% | -14.0% | +10.5% | -8.6% | +46.9% |
| SPY | +0.5% | +1.2% | +13.3% | +2.7% | +12.5% |
| vs SPY | +1.5% | -15.2% | -2.7% | -11.3% | +34.5% |