Xylem IncXYL
▲ PositiveDemandrelevance
Xylem raised 2026 profit forecast citing AI-driven demand for water solutions in semiconductor, electricity, and mining.
Impact on stocks 1
Climate Adaptation & Water
Xylem IncXylem raised its 2026 profit forecast, citing growing demand for water solutions tied to artificial-intelligence infrastructure. The water-technology company now expects adjusted earnings between $5.55 and $5.70 per share, up from its prior range of $5.35 to $5.60. The revision followed stronger-than-expected second-quarter results, with adjusted earnings of $1.46 per share beating the $1.34 analyst estimate and revenue rising 2% to $2.34 billion. Chief Executive Matthew Pine said expanding AI infrastructure is increasing demand across semiconductor manufacturing, electricity generation, and mining, while investment from utilities and industrial customers continues to strengthen. The company maintained a more conservative revenue outlook of approximately $9.2 billion, compared with its previous range of $9.2 billion to $9.3 billion, suggesting management expects pricing, savings, and business mix to drive earnings growth more than additional revenue.
Xylem IncXylem raised 2026 profit forecast citing AI-driven demand for water solutions in semiconductor, electricity, and mining.