Needham & Company LLC Has Lowered Expectations for Babcock (NYSE:BW) Stock Price

Babcock (NYSE:BW) had its price objective decreased by research analysts at Needham & Company LLC from $20.00 to $15.00 in a report issued on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. Needham & Company LLC‘s price objective suggests a potential upside of 296.30% from the company’s current price.

A number of other research analysts also recently weighed in on BW. Weiss Ratings restated a “sell (d+)” rating on shares of Babcock in a research note on Wednesday, November 4th. Wall Street Zen cut Babcock from a “buy” rating to a “hold” rating in a research note on Sunday, August 23rd. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $15.75.

Babcock Price Performance

Shares of NYSE BW opened at $3.79 on Tuesday. The stock has a market capitalization of $563.81 million, a price-to-earnings ratio of -21.03 and a beta of 1.24. The business has a 50-day moving average of $5.66 and a 200-day moving average of $11.29. The company has a debt-to-equity ratio of 4.21, a current ratio of 1.45 and a quick ratio of 1.33. Babcock has a fifty-two week low of $3.07 and a fifty-two week high of $22.03.

Babcock (NYSE:BW) last released its earnings results on Monday, August 10th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.02. Babcock had a negative return on equity of 4.51% and a negative net margin of 2.17%. The business had revenue of $319.72 million for the quarter, compared to analyst estimates of $196.95 million. As a group, sell-side analysts predict that Babcock will post 0.27 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Philip Moeller bought 5,000 shares of the company’s stock in a transaction dated Thursday, August 13th. The shares were bought at an average cost of $9.50 per share, with a total value of $47,500.00. Following the acquisition, the director owned 240,809 shares in the company, valued at $2,287,685.50. This trade represents a 2.12% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.80% of the company’s stock.

Hedge Funds Weigh In On Babcock

A number of institutional investors have recently bought and sold shares of BW. Integrated Wealth Concepts LLC bought a new stake in Babcock in the second quarter valued at approximately $25,000. Royal Bank of Canada boosted its stake in shares of Babcock by 57.3% during the 1st quarter. Royal Bank of Canada now owns 1,785 shares of the technology company’s stock worth $26,000 after acquiring an additional 650 shares during the period. Rockefeller Capital Management L.P. bought a new position in shares of Babcock during the 4th quarter worth approximately $25,000. State of Alaska Department of Revenue acquired a new position in shares of Babcock during the 3rd quarter worth approximately $50,000. Finally, NewEdge Advisors LLC acquired a new position in shares of Babcock during the 1st quarter worth approximately $162,000. Institutional investors and hedge funds own 83.17% of the company’s stock.

Babcock News Roundup

Here are the key news stories impacting Babcock this week:

• Positive Sentiment: Third-quarter revenue reached $290.8 million, up 109% year over year and above analyst estimates. Adjusted EBITDA rose to $17.7 million from $9.4 million a year earlier, while bookings increased 112% to $228 million. Babcock & Wilcox Enterprises Reports Third Quarter 2026 Results
• Positive Sentiment: Management reiterated its 2026 adjusted EBITDA outlook of $80 million to $105 million and set a 2027 target of $125 million to $140 million. The company also highlighted a pipeline exceeding $16 billion, supporting hopes for further growth. Babcock & Wilcox outlines 2027 adjusted EBITDA target
• Positive Sentiment: Backlog stood at $2.5 billion. B&W also repurchased $38 million of shares and redeemed $61.8 million of 6.5% bonds due in December 2026, which may ease some debt and refinancing concerns. Babcock & Wilcox third-quarter results
• Neutral Sentiment: Reported net income was boosted by an $85.1 million change in the fair value of customer warrants, so headline profit may not reflect recurring performance. Babcock & Wilcox revenue and Q3 results
• Negative Sentiment: Operating cash flow was negative at $130.6 million, a notable caution despite the revenue and adjusted EBITDA gains. Babcock & Wilcox Q3 earnings and cash flow

About Babcock

Babcock & Wilcox Enterprises, Inc is an energy and environmental technology company serving power, industrial and municipal customers. Its offerings include steam-generation equipment, emissions-control systems and related engineering, construction, maintenance and aftermarket services.

The company also develops technologies for renewable and waste-to-energy applications, including systems that use biomass and municipal solid waste to produce energy. Its environmental technologies help customers manage emissions and other byproducts from energy and industrial processes.

The business traces its roots to the Babcock & Wilcox Company, founded in 1867, and serves customers in the United States and international markets.