Onterris (ONT) AI Stock Analysis

NYSE: ONTAI research summary: business, growth, valuation, analysts, bull and bear case.

ONT AI stock analysis summary

AI Research

Onterris (ONT) is an environmental services company providing consulting, engineering, testing, and remediation solutions. While annual revenue expanded to $830.5M in FY2025, recent quarterly revenue for the period ending June 30, 2026, declined 20.4% year-over-year. The company carries $418.6M in total debt against $12.7M in cash and short-term investments.

Market cap
$492.0M
Revenue (TTM)
$773.3M
P/E
—
1Y return
-50.1%
S&P 500 16.8%
Avg. target
$18.20
29.9% vs last close

Bull case

  • Revenue expanded at a 20.4% compound annual growth rate from FY2020 through FY2025.
  • Free cash flow climbed to $91.2M in FY2025 from $902,000 in FY2024.
  • Wall Street maintains an average price target of $18.20, reflecting a 29.9% premium to the last closing price of $14.01.

Bear case

  • Quarterly revenue fell 20.4% year-over-year in the quarter ended June 30, 2026.
  • The balance sheet carries $405.9M in net debt with only $12.7M in cash and short-term investments.
  • The stock has dropped 50.1% over the past year and trades 29.6% below its 200-day moving average.

What Onterris does

Onterris, Inc., formerly known as Montrose Environmental Group, Inc., provides environmental services across the United States, Australia, Canada, and internationally. The company operates through two segments: Consulting and Treatment, and Measurement and Analysis. Its Consulting and Treatment unit delivers environmental consulting, engineering, regulatory permitting, audits, toxicology consulting, emergency response, and solutions to treat contaminated water and remediate soil. The Measurement and Analysis division conducts environmental testing and laboratory services, analyzing air, soil, stormwater, wastewater, and drinking water. Offerings also include source and ambient air testing, leak detection, and assessing the toxicological effects of contaminants on human health and ecosystems.

Growth and profitability

Onterris expanded its revenue from $546.4M in FY2021 to $830.5M in FY2025, generating a 5-year revenue CAGR of 20.4%. Net margins remained negative across all five fiscal years, moving from -4.6% in FY2021 to -0.1% in FY2025, when net income registered at -$843,000 and EPS reached $1.41. Operating cash flow improved significantly in FY2025 to $107.5M, supporting free cash flow of $91.2M. However, performance slowed in the trailing twelve months, showing revenue of $773.3M and an EPS of -$0.33. For the latest quarter ended June 30, 2026, quarterly revenue fell 20.4% year-over-year, while quarterly earnings dropped 90.9%.

ONT income statement →

Balance sheet and cash flow

As of June 30, 2026, Onterris held $12.7M in cash and short-term investments against $418.6M in total debt, resulting in net debt of $405.9M. Shareholders' equity stood at $430.3M, yielding a debt-to-equity ratio of 0.97, while the current ratio was 2.00. Total assets reached $967.2M. In FY2025, the company deployed cash toward $16.3M in capital expenditures, $122.2M in share buybacks, and $4.2M in dividends paid, while the 5-year share count change was 31.2%.

ONT balance sheet →

Valuation and performance

At $14.01, Onterris trades at an enterprise value of $1.00B and a market capitalization of $492.0M. The stock trades at an EV to EBITDA multiple of 14.2x, slightly above the median of its US-listed Industrials peers of 13.9x. Its price-to-sales multiple is 0.6x, compared to the peer median of 1.5x. Over the past year, the stock fell 50.1%, trailing the S&P 500 (SPY) return of 16.8%. Over a 5-year period, Onterris declined 77.6% while the S&P 500 gained 83.0%.

ONT key metrics →

What analysts expect

Wall Street analysts cover Onterris with 2 Strong Buy, 1 Buy, 2 Hold, and 1 Sell ratings. The mean price target is $18.20, representing 29.9% upside compared to the last close of $14.01. For the current fiscal year ending December 31, 2026, consensus estimates anticipate revenue of $752.2M and EPS of $1.49. For the next fiscal year, 5 analysts project revenue of $813.7M and EPS of $1.62. Onterris beat EPS estimates in each of the last 4 quarters, and its next earnings date is November 3, 2026.

ONT forecast and price target →

Key risks and what to watch

  • Short interest represents 14.5% of the float, indicating elevated market skepticism.
  • Quarterly earnings fell 90.9% year-over-year for the period ending June 30, 2026.
  • Trailing twelve-month net profit margin remained negative at -1.4%.
  • With a beta of 1.83, the stock exhibits substantially higher price volatility than the broader equity market.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this ONT AI stock analysis

This page is an AI-written research summary of Onterris (ONT). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: ONT income statement, ONT balance sheet, ONT key metrics, ONT analyst forecast, ONT chart. See the ONT stock overview for the latest quote and news.

ONT AI stock analysis FAQ

What is Onterris's core business model?

Onterris delivers environmental engineering, compliance, testing, and remediation services across two operating segments: Consulting and Treatment, and Measurement and Analysis.

What are analysts forecasting for Onterris in FY2026 and FY2027?

Analysts expect revenue of $752.2M and EPS of $1.49 for the fiscal year ending December 31, 2026. For the next fiscal year, 5 analysts project revenue of $813.7M and EPS of $1.62.

How does Onterris's valuation compare to industry peers?

Onterris trades at an EV to EBITDA ratio of 14.2x, which is near the median of its US-listed Industrials peers of 13.9x, while its price-to-sales of 0.6x is lower than the peer median of 1.5x.

When does Onterris report earnings next?

Onterris is scheduled to report its next financial results on November 3, 2026.

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