Streetbeat News

BAER

Bridger Aerospace Group Holdings, Inc. Common Stock

https://www.bridgeraerospace.com

Industry

Security & Protection Services

Bridger Aerospace Group Holdings, LLC offers aerial wildfire management and firefighting services for the U.S. State Governments. The company was founded in 2014 and is based in Belgrade, Montana.

Open

3.40

Mkt cap

158M

Volume

181K

High

3.40

P/E Ratio

-2.02

52-wk high

7.82

Low

2.93

Div yield

N/A

52-wk low

1.71

Bridger Aerospace has reiterated its 2024 revenue outlook of $70M - $86M, supported by early flight activity, increased activity from July, and contributions from FMS Aerospace. The company expects Adjusted EBITDA of $35M - $51M.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:54 pm

Bridger Aerospace Group (NASDAQ: BAER) reported Q2 2024 GAAP EPS of $(0.33), missing the $(0.25) estimate by 32%. Sales were $13.014M, missing the $16.000M estimate by 18.66%. Despite the misses, EPS improved by 40% and sales increased by 12.04% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:16 pm

Canaccord Genuity analyst Austin Moeller maintains a Buy rating on Bridger Aerospace Group (NASDAQ:BAER) but lowers the price target from $5.5 to $5.25.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 5:43 pm

Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER) has acquired FMS Aerospace for $17.51 million in equity and up to $3.09 million in earnout. The deal is expected to be accretive to Bridger's earnings, but the company is not updating its guidance at this time.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 11:13 am

Canaccord Genuity has initiated coverage on Bridger Aerospace Group (NASDAQ: BAER) with a Buy rating and a price target of $5.5.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:57 pm

Bridger Aerospace (BAER) will be added to the Russell 3000, Russell 2000, and Russell Microcap Indexes. This inclusion is expected to increase the stock's visibility and attract more institutional investors.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 12:07 pm

Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER) has responded to recent politically-motivated media attacks, clarifying that its 2023 net loss included investment costs and compensation expenses.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 12:12 pm

Bridger Aerospace Gr reported a significant Q1 loss of $(0.55) per share, a sharp decline from the previous year's earnings of $0.79 per share. However, sales saw a substantial increase to $5.51M from $365.37K YoY.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 8:27 pm

In Wednesday's pre-market session, several industrials stocks showed notable movements. Gainers included Mesa Air Group, voxeljet, Microvast Holdings, Blade Air Mobility, Bridger Aerospace Group, and Complete Solaria with increases ranging from 6.0% to 10.2%. On the losing side, Momentus, OceanPal, NeoVolta, Solidion Technology, Singularity Future Tech, and Richtech Robotics saw declines between 4.58% and 19.2%. Bridger Aerospace Group's movement was attributed to its Q4 earnings report released the previous day.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 1:05 pm

In Tuesday's after-market session, several industrials stocks saw significant movements. Sarcos Technology, Exela Technologies, Li-Cycle Holdings, Bridger Aerospace Gr, Guardforce AI Co, and Limbach Holdings were among the gainers, with increases ranging from 4.49% to 11.5%. On the downside, Momentus, Primech Holdings, Solidion Technology, Recruiter.Com Group, Knightscope, and Energy Vault Holdings experienced declines between 4.1% and 20.8%. Notably, earnings reports influenced some of these movements.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 9:34 pm

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