Babcock (NYSE:BW) Shares Gap Up – Time to Buy?

Shares of Babcock (NYSE:BW) gapped up before the market opened on Thursday . The stock had previously closed at $5.92, but opened at $6.17. Babcock shares last traded at $7.0280, with a volume of 3,150,456 shares.

Babcock News Roundup

Here are the key news stories impacting Babcock this week:

• Positive Sentiment: Babcock selected Siemens Energy to supply steam turbine‑generator sets for its Applied Digital AI Factory power project — a direct commercial contract that creates a tangible revenue opportunity and improves visibility on execution for a large infrastructure build. Babcock & Wilcox Selects Siemens Energy (Business Wire)
• Positive Sentiment: Media reports (MSN, Investing.com, AAII) flagged the Siemens/Applied Digital deal and framed it as an AI‑data‑center catalyst, amplifying investor demand and driving the intraday spike. MSN: Babcock & Wilcox shares jump on Siemens Energy deal
• Neutral Sentiment: A short analyst/market note highlighted that BW is attempting to “turn around its returns,” which supports a longer‑term improvement narrative but is not proof of sustained profitability yet. Yahoo Finance: Will Be Looking To Turn Around Its Returns
• Neutral Sentiment: Trading in BW experienced a brief LULD pause as volume surged — indicates high intraday volatility and active repositioning by traders (neither inherently bullish nor bearish).
• Negative Sentiment: Underlying fundamentals remain mixed: the latest quarter showed an EPS beat but revenue missed consensus and the company is still unprofitable, so the rally may be sentiment‑driven and could reverse if subsequent backlog/revenue details fall short.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on BW shares. DA Davidson boosted their price target on Babcock from $1.50 to $6.00 and gave the company a “neutral” rating in a research report on Wednesday, November 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Babcock in a research note on Wednesday, October 8th. Craig Hallum raised shares of Babcock from a “hold” rating to a “buy” rating and set a $7.00 target price for the company in a research report on Wednesday, November 5th. Lake Street Capital restated a “buy” rating and issued a $9.00 price target on shares of Babcock in a report on Wednesday, November 5th. Finally, Wall Street Zen upgraded shares of Babcock from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $7.33.

Babcock Stock Performance

The stock has a fifty day simple moving average of $5.94 and a two-hundred day simple moving average of $3.44. The stock has a market cap of $884.69 million, a PE ratio of -6.13 and a beta of 1.43.

Babcock (NYSE:BW) last posted its quarterly earnings data on Tuesday, November 4th. The technology company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.04. The firm had revenue of $149.00 million for the quarter, compared to analysts’ expectations of $155.57 million.

Hedge Funds Weigh In On Babcock

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BW. Centiva Capital LP purchased a new stake in shares of Babcock during the third quarter worth about $31,000. Raymond James Financial Inc. grew its stake in Babcock by 11,311.3% during the 3rd quarter. Raymond James Financial Inc. now owns 12,096 shares of the technology company’s stock valued at $35,000 after purchasing an additional 11,990 shares in the last quarter. Sender Co & Partners Inc. purchased a new stake in Babcock during the 3rd quarter worth approximately $50,000. Platform Technology Partners acquired a new position in shares of Babcock in the 3rd quarter valued at approximately $54,000. Finally, Kathmere Capital Management LLC purchased a new position in shares of Babcock during the 3rd quarter valued at approximately $58,000. 83.17% of the stock is owned by hedge funds and other institutional investors.

Babcock Company Profile

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.