Babcock & Wilcox
BWMarket price data through August 3, 2026.
Performance
Aug 2021 – Aug 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- -36%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$15
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- March 2026
- The month this stock first became a Benson pick.
- Tracking duration
- 4 months
- How long Benson has been tracking this pick.
About Babcock & Wilcox
Babcock and Wilcox builds power systems for utilities and industrial customers. Founded in 1867, they specialize in natural gas and coal boilers that generate massive amounts of electricity. They just signed a 2.4 billion dollar deal to build power plants for AI data centers, the biggest contract in company history.
The case for and against
Both sides of the story, in plain English.
- AI Power Pivot
B and W signed full notice to proceed on a 2.4 billion dollar AI data center project with Base Electron, backed by Applied Digital. That single deal pushed backlog to 2.8 billion dollars, a 470 percent jump compared to the end of 2024, while the global pipeline still grew to over 12 billion dollars in opportunities.
- Profit Turnaround
Adjusted EBITDA jumped 107 percent in 2025 to 43.7 million dollars, with fourth quarter operating income climbing to 12.2 million dollars from just 2.6 million a year ago. Parts and services revenue grew 17 percent as coal generation demand surged across North America.
- Still Unprofitable
B and W lost 32.8 million dollars from continuing operations in 2025. While that is a big improvement from the 104.3 million dollar loss in 2024, the bottom line is still red and full year revenue only crept up 1.2 percent to 587.7 million dollars.
- Debt Overhang
Total debt sits at 321.1 million dollars even after paying off the February 2026 bonds. The company still has December 2026 bonds to retire this year, and net debt of 119.7 million dollars leaves limited cushion if the data center project hits delays.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-08-03. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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