Babcock (NYSE:BW) Announces Quarterly Earnings Results

Babcock (NYSE:BW) announced its quarterly earnings data on Monday. The technology company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.02 by $0.05, FiscalAI reports. The business had revenue of $319.69 million during the quarter, compared to the consensus estimate of $196.95 million.

Here are the key takeaways from Babcock’s conference call:

• Strong quarterly results and raised guidance: Second-quarter revenue rose 130% year over year to $319.7 million, while adjusted EBITDA increased to $21.8 million. Management raised its full-year 2026 adjusted EBITDA target range to $80 million–$105 million.
• Bookings and backlog expanded sharply: First-half bookings reached $2.7 billion, up more than 1,058% year over year, and second-quarter backlog increased 533% to $2.6 billion, driven by core business growth and the Base Electron project.
• Data-center power opportunity continues to build: B&W’s pipeline exceeds $14 billion and includes 4–6 gigawatts of potential power-generation projects. The Base Electron project is ahead of schedule and on budget, while a second data-center project could receive full notice to proceed this year.
• Debt reduction and shareholder returns: The company announced plans to repurchase its remaining $61.8 million of December 2026 bonds, and the board authorized up to $50 million in share repurchases.
• Skilled-labor shortages pressured costs: A shortage of qualified U.S. workers, particularly welders and electricians, reduced efficiency and increased direct costs on one construction project during the quarter. Management is addressing the issue through union incentives, recruiting, training, rehires, and delayed retirements.

Babcock Stock Performance

NYSE:BW traded down $0.41 during trading hours on Monday, reaching $8.96. The company’s stock had a trading volume of 6,701,380 shares, compared to its average volume of 3,854,411. The stock has a 50 day moving average price of $12.93 and a two-hundred day moving average price of $13.63. The company has a market capitalization of $1.33 billion, a P/E ratio of -10.18 and a beta of 1.22. Babcock has a 12 month low of $1.17 and a 12 month high of $22.03.

Institutional Investors Weigh In On Babcock

Hedge funds have recently made changes to their positions in the stock. Mariner LLC lifted its position in shares of Babcock by 10.8% during the fourth quarter. Mariner LLC now owns 16,608 shares of the technology company’s stock valued at $105,000 after buying an additional 1,620 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of Babcock by 692.8% during the 4th quarter. Wells Fargo & Company MN now owns 20,026 shares of the technology company’s stock worth $127,000 after acquiring an additional 17,500 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in Babcock by 29.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 19,400 shares of the technology company’s stock valued at $123,000 after acquiring an additional 4,400 shares during the last quarter. LPL Financial LLC purchased a new stake in Babcock during the fourth quarter valued at approximately $80,000. Finally, Algert Global LLC acquired a new stake in Babcock in the third quarter valued at approximately $102,000. 83.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on BW shares. Northland Securities set a $23.00 price objective on shares of Babcock in a research report on Tuesday, May 12th. Wall Street Zen downgraded shares of Babcock from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Babcock in a research note on Friday, July 17th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $14.25.

About Babcock

Babcock & Wilcox Enterprises, Inc (NYSE: BW) is a specialized provider of energy and environmental technologies and services serving power generation and heavy industrial markets. The company designs, manufactures and maintains critical components and systems that support the safe and efficient operation of both fossil-fuel and renewable power facilities. Its core offerings include industrial and utility boilers, environmental control systems for emissions reduction, and aftermarket support services ranging from inspection and maintenance to spare parts management.

In addition to its boiler and emissions control portfolio, Babcock & Wilcox Enterprises delivers lifecycle solutions aimed at enhancing plant performance and compliance.