Bridger Aerospace Group (NASDAQ:BAER) Releases Quarterly Earnings Results, Misses Estimates By $0.10 EPS

Bridger Aerospace Group (NASDAQ:BAER) issued its quarterly earnings data on Thursday. The company reported ($0.40) EPS for the quarter, missing the consensus estimate of ($0.30) by ($0.10), FiscalAI reports. Bridger Aerospace Group had a negative return on equity of 1.91% and a net margin of 4.96%.The firm had revenue of $8.55 million during the quarter, compared to the consensus estimate of $6.50 million.

Here are the key takeaways from Bridger Aerospace Group’s conference call:

• Bridger delivered a strong full-year 2025 with revenue up 25% to $122.8M, adjusted EBITDA of $45.3M, and net income of $4.1M, achieved despite a below‑average burned acreage season, highlighting resilience and diversified revenue streams.
• Management issued 2026 guidance of $135M–$145M revenue and $55M–$60M adjusted EBITDA (over 25% growth ex‑Spain R2S) and added six aircraft to the balance sheet to drive utilization and margin expansion.
• The company materially improved liquidity via a sale‑leaseback and a new senior secured facility (including a $100M deferred draw), refinancing prior debt and leaving roughly $90M of capacity to fund fleet expansion.
• Q4 showed near‑term strain with Q4 revenue down to $8.5M, adjusted EBITDA of negative $9.5M, and a $15.1M net loss, driven by timing, winter maintenance, higher SG&A (warrant and earn‑out adjustments) and one‑time items.
• Demand and contract momentum remain strong—management reports a 48% unfilled request rate for Super Scoopers, an $18.6M Alaska IDIQ, active European opportunities, and growing FMS/Ignis sensor‑streaming capabilities that can expand higher‑margin, non‑seasonal work.

Bridger Aerospace Group Price Performance

Shares of BAER stock traded down $0.06 during mid-day trading on Friday, hitting $2.28. The company had a trading volume of 167,433 shares, compared to its average volume of 898,251. The stock’s 50 day moving average price is $2.55 and its 200-day moving average price is $2.06. Bridger Aerospace Group has a 52-week low of $1.02 and a 52-week high of $3.44. The company has a market capitalization of $126.63 million, a P/E ratio of -4.38 and a beta of 0.18.

Institutional Trading of Bridger Aerospace Group

Hedge funds have recently bought and sold shares of the stock. XTX Topco Ltd purchased a new position in shares of Bridger Aerospace Group during the second quarter valued at about $26,000. Stifel Financial Corp grew its holdings in Bridger Aerospace Group by 23.6% during the 4th quarter. Stifel Financial Corp now owns 21,860 shares of the company’s stock valued at $40,000 after buying an additional 4,180 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Bridger Aerospace Group in the 1st quarter worth approximately $41,000. Centiva Capital LP purchased a new stake in shares of Bridger Aerospace Group during the 3rd quarter worth approximately $53,000. Finally, Jane Street Group LLC bought a new position in shares of Bridger Aerospace Group during the 2nd quarter valued at approximately $73,000. Hedge funds and other institutional investors own 48.94% of the company’s stock.

Analysts Set New Price Targets

BAER has been the subject of several analyst reports. Wall Street Zen raised shares of Bridger Aerospace Group from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Canaccord Genuity Group reissued a “buy” rating and issued a $5.25 price objective on shares of Bridger Aerospace Group in a research note on Tuesday, November 25th. Finally, Weiss Ratings upgraded shares of Bridger Aerospace Group from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, January 26th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $5.25.

Bridger Aerospace Group Company Profile

Bridger Aerospace Group, Inc operates as an aerial services company specializing in wildfire management and aviation support. The company’s core business activities include aerial wildfire suppression, providing rapid-response water and fire-retardant drops from fixed-wing air tankers. In addition to firefighting, Bridger Aerospace offers aviation services such as cloud seeding for weather modification, aerial inspection and mapping, environmental monitoring, and logistics support for remote sites.

Founded in 2014 and headquartered in Heber City, Utah, Bridger Aerospace Group deploys a fleet of both fixed-wing and rotary-wing aircraft under contract to federal, state and local government agencies as well as commercial customers.