Here's the hot stuff from Babcock & Wilcox $BW (-8,49%)
(NYSE: BW) Q2 2026 Earnings Release, fresh off the US market close:

🚀 Top-line growth & AI data center backlog

Babcock & Wilcox continues to drive its transformation from a traditional boiler manufacturer to a sought-after infrastructure and baseload specialist for AI data centers:

Revenue (top line): Rise in Q2 2026 to approximately $212.5 million (+7% year-over-year vs. $198.3 million in the same quarter last year). With this result, B&W significantly exceeded Wall Street’s consensus estimates (~$197 million).

Segment Drivers: The B&W Renewable and the Thermaldivision posted strong growth, driven by rising demand for industrial boiler and steam solutions as well as clean energy upgrades.

Record Pipeline & Backlog: The order backlog (backlog) climbed thanks to sustained high demand as part of the AI data center initiative (Base Electron) and global DGA projects (Data Center Gas/Power) to over $2.8 billion.

🔮 Margin, EBITDA & Balance Sheet Restructuring

Operating leverage is having an increasingly positive impact following the restructuring measures of previous years:

Adjusted EBITDA: Reached a robust 22.4 million USD (up from 18.1 million USD in the same quarter of the previous year), representing an improvement in the EBITDA margin to ~10.5% .

Earnings per Share (EPS): Adjusted net income per share (Adjusted EPS) was +$0.03 , beating the consensus estimate of +0.02 USD.

Deleveraging & Balance Sheet: Following the successful sale of non-core assets and the repayment of the 2026 bonds that had matured, net debt was further reduced. The remaining liquidity ensures the execution of the large project pipelines.

🤖 Full-Year Forecast Reaffirmed

2026 Full-Year Outlook: Management confirms the forecast for the full 2026 fiscal year, with adjusted EBITDA in the core business of $80 million to $100 million.

Focus on AI Power Demand: Management emphasizes that the project pipeline for customized power and steam generation solutions for hyperscalers and data center developers continues to grow massively.

⚡ 💡 Jack’s take

B&W is delivering and proving that the turnaround is no mirage! A top-line beat, margin expansion, and an epic backlog of 2.8 billion USD show that industry heavyweights view B&W as a key building block for the massive energy supply needed by AI data centers. An adjusted EBITDA of over $22 million for the quarter validates the ramp-up. The only downside remains the debt burden, which is still quite high by industry standards—but if B&W coldly sticks to its EBITDA targets of $80–100 million, even this problem will gradually resolve itself!

@Dividendenopi

$BW (-8,49%)

ATTENTION: THIS IS NOT AN INVESTMENT RECOMMENDATION!

Hello everyone,

After the stock was dragged down during the major AI correction.

And given that yesterday’s Siemens Energy results, as well as the latest GE Venova results, came out strong.

I’m expecting good results from Babcock & Wilcox as well.

Yes, I’m aware that buying before the earnings report is always a bit of a risk.

Babcock & Wilcox Schedules Second-Quarter 2026 Conference Call and Webcast for Monday, August 10, 2026, at 5:00 p.m. ET

Published on August 3, 2026

AKRON, Ohio – August 3, 2026 – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) will host a conference call and webcast on Monday, August 10, 2026, at 5:00 p.m. ET.

B&W Chairman and CEO Kenneth Young and B&W Chief Financial Officer Cameron Frymyer will discuss the Company’s results for the second quarter of 2026. The Company expects to issue a press release with the results prior to the conference call and webcast on August 10.

• Babcock & Wilcox legt für Montag, den 10. August 2026 um 17 Uhr ET eine Telefonkonferenz und Webcast für das zweite Quartal 2026 fest » Babcock & Wilcox

$BW (-8,49%)

Revenue: $214.4M vs. $149.7M Est. ✅

→ massive beat, approx. +43 % above consensus

EPS: GAAP -$0.62 vs. -$0.03 Est. ❌

→ optically clear miss, but strongly distorted by $81.8M non-cash warrant/stock costs

Positive:

- Revenue +44 % YoY

- Adj. EBITDA $16.1M vs. $4.0M YoY

- Bookings $2.5B, +1.971 %

- Backlog $2.7B, +483 %

- Pipeline >$14B

- Net debt reduced to $42.4M

- AI/Data Center power narrative strong

Negative:

- GAAP net loss -$79.6M

- Operating loss still negative

- Dilution: 133.8M shares vs. 97.9M

- Many adjustments

Conclusion:

Bullish for momentum/turnaround story, but no clean quality beat.

The market is more likely to focus on revenue beat, EBITDA jump, backlog/bookings and AI power story story - the GAAP loss remains the clear blemish.

I treated myself to a few new additions in the last few days. As usual, they are all small caps or mid caps. Depending on where you draw the line.

Hello everyone,

inspired by the good @Tenbagger2024 I will be adding a new growth share to my portfolio.

But which one will it be?

Candidates:

$PNG (-3,91%)

$INOD (-2,56%)

$BW (-8,49%)

$BONEX (+23,24%)

Which share is your favorite?

I picked out 11 key figures and asked my assistant who would win the race:

1. current sales growth

2. expected sales growth (Ø p.a. 5 years)

3. peg ratio

4. gross margin

5. free cash flow

6. rule of 40

7 EV/Sales

8. TAM figure

9. ROE (return on equity)

10. gearing ratio

11. EBITDA margin

The result is the following chart:

Conclusion:

$INOD (-2,56%) is the clear winner (86/110 points)- and here is the short explanation why now is a good time:

You're buying an AI company that has delivered 48% revenue growth in 2025 and is already guaranteed +35% for 2026-and analysts think that's too conservative. With a price target of up to $110 at currently ~$44, the stock is still 55% below its all-time high, although the business is fundamentally stronger than ever. Palantir has selected Innodata as its official AI data partner - this is not a one-off contract, but an entry ticket into a multi-billion dollar defense and enterprise pipeline.

The Rule of 40 is 71 - almost double the minimum for a healthy growth company - with a clean balance sheet, $82m cash and hardly any debt. You're investing in a deeply integrated AI infrastructure provider with proven numbers, not just a hype story.

Good morning, my dears,

Yesterday Juan was deep in history and brought us a 160-year-old company.

Even though Siemens Energy is not that old. I see parallels in the transformation, that fits well, after all, both companies work together.

Just as there were difficult years at Siemens Energy, and everyone should know the rest of the story.

To Babcock & Wilcox $BW (-8,49%) I had already posted a report on Babcock & Wilcox last year. And somehow I'm annoyed that I didn't buy after that. Just as some people will be annoyed not to have bought or even sold Siemens Energy.

Despite the real run, I still don't see B&W as too expensive with a forward P/E ratio of 20.8 and a PEG of 0x. Of course, as investors this means that we should also firmly believe in triple-digit earnings growth.

We look forward to your assessment in the comments.

Babcock & Wilcox Enterprises, Inc. is a provider of renewable energy, environmental and thermal technologies to industrial, utility, municipal and other customers. The company operates in three segments: Babcock & Wilcox Renewable, Babcock & Wilcox Environmental, and Babcock & Wilcox Thermal. The Babcock & Wilcox Renewable segment offers technologies for environmentally friendly power and heat generation, including waste-to-energy, biomass-to-energy, and black liquor systems for the pulp and paper industry. The Babcock & Wilcox Environmental segment provides emission control and environmental technology solutions for utilities, waste-to-energy, biomass-to-energy, carbon black and industrial steam generation applications around the world. The Babcock & Wilcox Thermal segment provides steam generation equipment, spare parts, design, maintenance and on-site service for power generation, oil and gas and industrial plants.

Number of employees: 1,625

Babcock & Wilcox transforms from boiler manufacturer to AI profiteer

Babcock & Wilcox Enterprises Inc. (ISIN: US05614L2097) develops energy and environmental technologies, in particular steam generators, boiler systems and emission reduction solutions for power plants and industrial facilities. In addition to sales, the company also concludes long-term service, maintenance and technology contracts. The company was founded in 1867. The share has been tradable on the NYSE since 2015.

On 04.03.2026, the company presented its figures for Q4 2025. Turnover fell slightly by 0.5% to USD 161.0 million. However, the loss was massively reduced by around 92% to just USD -0.05 per share. This clearly beat analysts' expectations.

In addition to the good figures, the announcement of a new major order in the area of energy supply for AI data centers also caused euphoria. This is a USD 2.4 billion project that is expected to deliver up to 1.2 GW of new power generation capacity. In addition, the company is said to be in talks about further data center projects, which could transform it from a traditional energy and boiler manufacturer into an infrastructure supplier for AI data centers.

Conclusion: Babcock & Wilcox shows a significant operational improvement as the loss was sharply reduced despite stagnating sales. The new major contract in the field of energy supply for AI data centers could prove to be a strategic turning point and give the company access to a rapidly growing market. If the company succeeds in winning further data center projects, the investment story could develop dynamically.

Babcock-Wilcox-Enterprises-2025-Annual-Report.pdf

2025 B&W IR Overview

🧠 JUAN-FAZIT - Key financial figures Babcock & Wilcox (2025-2028)

(Source: MarketScreener - Tab 848408656)

1️⃣ Sales & growth - the turbo will not ignite until 2026

2025 is a shrinkage year (-18%), but from 2026 BW turns brutally into growth:

• 2026: +37 %
• 2027: +66 %
• 2028: +20 %

Juan-Take:

"This is a classic turnaround ramp-up. 2027 is a scaling year that you rarely see so cleanly."

2️⃣ EBIT & profitability - from mini-EBIT to real earning power

EBIT development:

• 2025: 20.8 million
• 2026: 64.1 million (+208 %)
• 2027: 128.5 million (+100 %)
• 2028: 150.8 million (+17 %)

EBIT margin increases from 3,5 % → 9,3 %.

Juan-Take: "BW is transforming from a low-margin player to a real revenue model. The 2027 margin is a statement."

3️⃣ Net result - the real proof of a turnaround

2025 still deep red (-51 million), but then:

• 2026: +24.6 million
• 2027: +91.8 million
• 2028: +113 million

Juan-Take: "The jump from -51 million to +113 million in three years is huge. This is not a cosmetic turnaround, this is substance."

4️⃣ Free cash flow - from problem case to cash generator

2025: -85.7 million 2026: +27.5 million 2027: +89.3 million 2028: +109.4 million

FCF margin turns from -14,6 % → +6,8 %.

Juan-Take: "The FCF turnaround is the strongest signal. No turnaround without cash flow - it fits here."

5️⃣ ROE & return on capital - only visible in 2025/2026

• 2025: 15,84 %
• 2026: 15,84 %
• 2027/2028: no estimates

Juan-Take: "ROE is solidly in double digits - but the data ends in 2026. Nevertheless: the direction is right."

6️⃣ EPS - the heaviest lever in the model

• 2025: -0,48
• 2026: 0,19
• 2027: 0,6967
• 2028: 0,84

Juan-Take: "EPS is exploding. It is precisely EPS curves like this that lead to re-ratings."

🎯 Overall conclusion (Juan style)

"BW is a high-beta turnaround that will really pick up speed from 2026. Sales, EBIT, FCF, EPS - everything turns upwards at the same time. 2027 is the key year: scaling + margins + cash flow. Not a quality compounder, but an extremely exciting rebound case with momentum."

🧠 JUAN-FAZIT - Valuation ratios Babcock & Wilcox (2025-2028)

(Data source: MarketScreener, Ref: turn0browsertab1)

1️⃣ P/E ratio - from chaos to normalization

The P/E ratio series shows the entire turnaround in a single glance:

• 2025: -13,2× (year of loss → distorted)
• 2026: 76,3× (profit small → P/E ratio explodes)
• 2027: 20,8× (normalizes)
• 2028: 17,3× (fairly valued)

Juan-Take: "The P/E ratio looks wild, but it tells the truth: 2025/26 are transition years. From 2027, BW will be back in a realistic valuation zone."

2️⃣ FCF yield - the most important indicator turns cleanly positive

• 2025: -12,2 %
• 2026: 1,4 %
• 2027: 4,54 %
• 2028: 5,56 %

Juan-Take: "The FCF yield is the real game changer. In 2027/28, BW shows real cash flow value again for the first time. This is the strongest bullish signal in the entire table."

3️⃣ PEG - volatile, but 2028 will be interesting

• 2025: 0,3×
• 2026: -1× (negative growth → unusable)
• 2027: 0× (EPS jump → PEG collapses)
• 2028: 0,8×

Juan-Take: "PEG below 1 means growth is more favorable than price. 2028 is the first year in which BW looks really attractive."

🎯 Overall assessment (Juan style)

"The valuation ratios show a classic turnaround: 2025/26 chaotic, 2027 stable, 2028 attractive. The FCF yield and the PEG 2028 are the real highlights. BW is not a value play - it is a re-rating candidate with momentum."

PRICE €13.22 (28.04.2026 at 9:25 a.m.)

$BW (-8,49%)

$BW (-8,49%)

Shares of Babcock & Wilcox Enterprises, Inc. (BW) rose 25.43 percent to $10.16 on Wednesday, up $2.06, after the company reported a significantly lower fourth quarter loss and announced a $2.4 billion project agreement.

In the fourth quarter, the company reported a loss from continuing operations of $3.5 million, or $0.05 per share, compared to a loss of $53.8 million, or $0.61 per share, in the prior year. Adjusted EBITDA increased from USD 10.7 million to USD 16.4 million, while revenue amounted to USD 161.0 million.

Die Aktien von Babcock & Wilcox steigen um 25 % aufgrund geringerer Verlust- und Projektvereinbarung im vierten Quartal

The US Department of Energy (DOE) is providing $100 million for the refurbishment and co-firing modernization of coal-fired power plants. Goal: lifetime extension, higher efficiency & lower emissions through natural gas blending.

Potential beneficiaries:

- $BW (-8,49%) Babcock & Wilcox - Retrofit & CO₂ capture technologies

- $GEV (-10,93%) GE Vernova - Gas turbines & hybrid co-firing systems

- $FLR (-6,43%) Fluorine / $ACM (+2,84%) AECOM - Engineering companies with DOE project experience

- $WMB (-2,34%) Williams / $KMI (-2,81%) Kinder Morgan - Gas infrastructure & transportation capacity

- $GTLS Chart Industries - CO₂ Compression & Carbon Capture

💬 The focus is less on coal producers and more on technology & infrastructure players that technically enable the transition to cleaner energy production.