Bridger Aerospace Group (NASDAQ:BAER) Posts Quarterly Earnings Results, Misses Estimates By $0.32 EPS

Bridger Aerospace Group (NASDAQ:BAER) announced its quarterly earnings results on Wednesday. The company reported ($0.69) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.37) by ($0.32), Zacks reports. The business had revenue of $8.51 million during the quarter, compared to analyst estimates of $17.23 million. Bridger Aerospace Group had a negative net margin of 10.05% and a negative return on equity of 1.21%.

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

• Q1 revenue was $8.5M versus $15.6M a year ago, with a $31.3M net loss, adjusted EBITDA of negative $14.5M, and cash declining to $9M after investments in fleet and technology.
• Management reiterated full‑year guidance of $135–145M revenue and $55–60M adjusted EBITDA, expects ~29% growth excluding 2025 non‑recurring items, and has ~ $90M available on a $100M delayed‑draw credit facility.
• The company is expanding higher‑margin capabilities — sensor‑enhanced aircraft hours nearly doubled in Q1, the Ignis platform launches in Q2 as a potential SaaS offering, and FMS is positioned to capture defense IDIQ work.
• Operational readiness and fleet expansion progressed — early dispatches of multi‑mission and air attack aircraft, qualification of additional Super Scooper and initial attack captains, and an $18.6M Alaska exclusive‑use contract to bolster peak‑season utilization.
• Management sees federal moves to consolidate wildfire programs and worsening fire conditions as demand drivers, but legislative and contracting changes are uncertain and may deliver more benefit over the longer term.

Bridger Aerospace Group Trading Down 0.9%

BAER stock traded down $0.02 during midday trading on Friday, hitting $1.72. The company’s stock had a trading volume of 218,688 shares, compared to its average volume of 744,409. The firm’s 50-day moving average is $2.10 and its 200-day moving average is $2.12. Bridger Aerospace Group has a 12 month low of $1.22 and a 12 month high of $3.44. The company has a market cap of $95.90 million, a PE ratio of -2.04 and a beta of 0.28.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BAER. Quadrature Capital Ltd purchased a new position in shares of Bridger Aerospace Group in the 4th quarter worth $82,000. First Manhattan CO. LLC. increased its position in shares of Bridger Aerospace Group by 43.5% during the 4th quarter. First Manhattan CO. LLC. now owns 5,513,555 shares of the company’s stock valued at $10,090,000 after purchasing an additional 1,671,375 shares during the last quarter. Squarepoint Ops LLC lifted its stake in shares of Bridger Aerospace Group by 30.6% in the 4th quarter. Squarepoint Ops LLC now owns 181,860 shares of the company’s stock worth $333,000 after purchasing an additional 42,613 shares during the period. Marshall Wace LLP grew its position in Bridger Aerospace Group by 530.0% during the fourth quarter. Marshall Wace LLP now owns 965,091 shares of the company’s stock valued at $1,766,000 after buying an additional 811,899 shares during the period. Finally, Stifel Financial Corp increased its holdings in Bridger Aerospace Group by 23.6% during the fourth 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 during the last quarter. Institutional investors own 48.94% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on BAER shares. Weiss Ratings cut shares of Bridger Aerospace Group from a “hold (c-)” rating to a “sell (d)” rating in a research note on Monday, March 9th. Wall Street Zen cut Bridger Aerospace Group from a “hold” rating to a “strong sell” rating in a report on Sunday, March 15th. Stifel Nicolaus began coverage on shares of Bridger Aerospace Group in a research report on Tuesday, March 31st. They issued a “buy” rating and a $3.35 price objective on the stock. Canaccord Genuity Group set a $4.50 target price on shares of Bridger Aerospace Group in a research report on Friday. Finally, Zacks Research upgraded Bridger Aerospace Group to a “hold” rating in a research report on Wednesday, April 1st. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Bridger Aerospace Group has a consensus rating of “Hold” and a consensus target price of $3.93.

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.