Bridger Aerospace Group (NASDAQ:BAER) Issues Earnings Results

Bridger Aerospace Group (NASDAQ:BAER) issued its earnings results on Thursday. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.10), FiscalAI reports. Bridger Aerospace Group had a negative net margin of 10.77% and a negative return on equity of 1.21%. The company had revenue of $30.49 million during the quarter, compared to analysts’ expectations of $37.04 million.

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

• Longer U.S. Forest Service task orders covering four Super Scoopers provide 160 guaranteed days, improving fleet utilization, staffing, maintenance planning, and revenue visibility into the fourth quarter.
• Bridger announced a $58 million, three-year Texas A&M contract to acquire and modify three King Air 360 multi-mission aircraft, expanding the company into engineering, aircraft modification, and integrated intelligence services.
• Second-quarter revenue was essentially flat at $30.5 million, while Adjusted EBITDA fell to $8.1 million from $10.8 million, the company posted a $0.5 million net loss, and cash declined to $7.2 million from $31.4 million at year-end 2025.
• Management reiterated 2026 revenue guidance of $135 million-$145 million and Adjusted EBITDA guidance of $55 million-$60 million, citing strong wildfire activity, increased fleet utilization, and expected cash-flow improvement as receivables are collected.
• European commitments for two Super Scoopers began later than expected under the Portugal arrangement; Bridger plans to move the aircraft to the U.S. after the European fire season if stronger long-term European contracts do not materialize.

Bridger Aerospace Group Stock Down 25.4%

Shares of Bridger Aerospace Group stock opened at $1.26 on Friday. The firm has a market cap of $70.46 million, a PE ratio of -1.48 and a beta of 0.35. Bridger Aerospace Group has a 52 week low of $1.12 and a 52 week high of $3.44. The business’s fifty day simple moving average is $1.88 and its 200-day simple moving average is $2.13.

Insider Transactions at Bridger Aerospace Group

In related news, major shareholder Holdings L.P. Blackstone II sold 1,900,000 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $1.70, for a total value of $3,230,000.00. Following the sale, the insider directly owned 58,205 shares in the company, valued at approximately $98,948.50. The trade was a 97.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 16.36% of the company’s stock.

Institutional Investors Weigh In On Bridger Aerospace Group

A number of institutional investors have recently made changes to their positions in the stock. XTX Topco Ltd purchased a new stake in shares of Bridger Aerospace Group in the 2nd quarter valued at approximately $26,000. Stifel Financial Corp boosted its position in shares of Bridger Aerospace Group by 23.6% during the 4th quarter. Stifel Financial Corp now owns 21,860 shares of the company’s stock worth $40,000 after purchasing an additional 4,180 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in Bridger Aerospace Group in the 1st quarter valued at approximately $41,000. Centiva Capital LP acquired a new stake in Bridger Aerospace Group in the 3rd quarter valued at approximately $53,000. Finally, Jane Street Group LLC purchased a new stake in Bridger Aerospace Group in the second quarter valued at approximately $73,000. 48.94% of the stock is currently owned by institutional investors and hedge funds.

More Bridger Aerospace Group News

Here are the key news stories impacting Bridger Aerospace Group this week:

• Positive Sentiment: Management maintained full-year 2026 revenue guidance of $135 million to $145 million, broadly in line with the roughly $138.3 million analyst consensus. The company also reported a significant improvement in quarterly operating profit to $16.6 million, which may support the longer-term turnaround case. Bridger Aerospace Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Bridger Aerospace reported second-quarter revenue of approximately $30.5 million, a modest year-over-year decline. Gross profit was $11.3 million, and the company continues to benefit from government wildfire-management contracts, but the seasonal and contract-driven nature of the business creates variability in quarterly results. Bridger Aerospace Reports Second Quarter 2026 Results
• Negative Sentiment: Second-quarter adjusted performance fell short of expectations: BAER posted a loss of $0.13 per share versus a consensus loss of approximately $0.01 to $0.03, while revenue of $30.5 million missed estimates near $37 million. The net loss attributable to common shareholders was $7.6 million, compared with a smaller loss a year earlier. Bridger Aerospace Q2 Loss and Revenue Miss
• Negative Sentiment: Liquidity and balance-sheet concerns remain: operating activities used $15.7 million of cash during the quarter, cash and equivalents stood at $7.2 million, and total liabilities increased to $289.8 million. These figures heighten investor concerns about financing needs and financial flexibility. BAER Stock Falls on Q2 Earnings
• Negative Sentiment: Blackstone II sold 1.9 million BAER shares for approximately $3.23 million, reducing its reported ownership by about 97%. The sizable insider/major-holder disposition may be interpreted as a lack of confidence and contributed to selling pressure. Blackstone II Sells BAER Stock

Analysts Set New Price Targets

BAER has been the topic of several recent research reports. Weiss Ratings cut shares of Bridger Aerospace Group from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, July 28th. Lake Street Capital restated a “buy” rating and set a $4.00 price objective on shares of Bridger Aerospace Group in a research report on Friday. Canaccord Genuity Group set a $4.50 target price on shares of Bridger Aerospace Group in a report on Friday, May 8th. Finally, Wall Street Zen cut shares of Bridger Aerospace Group from a “sell” rating to a “strong sell” rating in a research note on Saturday, May 16th. Three 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. According to MarketBeat, Bridger Aerospace Group currently has a consensus rating of “Hold” and a consensus price target of $3.95.

About Bridger Aerospace Group

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.