Babcock & Wilcox (BW, Financial) announced that it has received notification from the New York Stock Exchange indicating non-compliance with the exchange's continued listing standards. This warning comes as a consequence of the company's common stock price averaging below $1.00 per share for 30 consecutive trading days.
In alignment with NYSE regulations, the company has been granted a six-month window, starting from the April 4, 2025 notice date, to rectify this issue and bring its stock price back into compliance. Babcock & Wilcox has affirmed its commitment to meeting the minimum share price requirement within this timeframe and will communicate its recovery strategy to the NYSE as required.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Babcock & Wilcox Enterprises Inc (BW, Financial) is $2.67 with a high estimate of $5.00 and a low estimate of $1.00. The average target implies an upside of 760.22% from the current price of $0.31. More detailed estimate data can be found on the Babcock & Wilcox Enterprises Inc (BW) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, Babcock & Wilcox Enterprises Inc's (BW, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Babcock & Wilcox Enterprises Inc (BW, Financial) in one year is $4.72, suggesting a upside of 1422.58% from the current price of $0.31. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Babcock & Wilcox Enterprises Inc (BW) Summary page.
