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Babcock & Wilcox Enterprises, Inc.

BW · NYSE

Market closed$9.89$-0.140000 (-1.40%)After hours $10.09 · +2.02%

Key statistics

Previous close$10.03
Open$9.89
Day high$10.04
Day low$9.45
52-week high$22.03
52-week low$0.873000
Market cap1.13B
Volume4.81M
Average volume3.92M
P/E ratio-12.21
Forward P/E—
EPS-0.81
Dividend yield0.00%

Market context

Why it moved

Babcock & Wilcox (BW) shares declined as the company's 8.125% Senior Notes were removed from listing on the New York Stock Exchange, raising concerns about the company's financial health and debt management ahead of the notes' maturity.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Babcock & Wilcox shares declined amid a broader risk-off session that hit industrials, as the company navigates a sharp 39-45% pullback over the past 30-90 days despite a strong year-to-date return. A new analysis flagged BW as significantly undervalued at a fair value of $24.67 versus its ~$10 price, citing its share buyback and debt redemption initiatives, a $10-12B global project pipeline, and pro forma net debt of just ~$113M. The stock's earlier 2026 momentum—driven by a Q1 earnings beat, 1,971% bookings surge, and over $2B in new AI data center pipeline additions from hyperscalers—continues to underpin longer-term bullish sentiment even as near-term macro headwinds and a risk-off environment in equities weigh on shares.

-1.3958

July 17, 2026Babcock & Wilcox shares tumbled nearly 8% on above-average volume, giving back gains from recent highs, despite a series of constructive corporate announcements made earlier this week. On July 13, the company announced a $50 million share repurchase program and a full redemption of its $61.4 million in 6.50% Senior Notes due 2026 — moves signaling improved balance sheet health following an 87% debt reduction in Q1. The pullback appears to reflect broader market pressure, with AI and tech-linked stocks leading a broad sell-off and the industrials sector (XLI) also closing modestly lower. BW had surged earlier in 2026 on a $2.4 billion AI data center power project and blockbuster Q1 bookings.

-7.9817

July 15, 2026Babcock & Wilcox shares rose modestly, buoyed by a flurry of corporate actions announced after the prior session's close that signal a dramatically improved financial position. The company announced the full redemption of its $61.4 million 6.50% Senior Notes due 2026, completing a near-total deleveraging of its balance sheet, while the Board simultaneously authorized a $50 million share repurchase program — its first buyback initiative — reflecting renewed confidence in the business. These moves follow a transformational Q1 in which bookings surged 1,971% to $2.5 billion and backlog jumped 483% to $2.7 billion, driven by a $2B+ AI data center pipeline from hyperscalers, cementing BW's emerging identity as an energy infrastructure play at the intersection of industrial power and AI demand.

1.4639

July 14, 2026Babcock & Wilcox shares tumbled despite the company announcing two ostensibly shareholder-friendly moves: a $50 million share repurchase program and the full redemption of its $61.4 million in 6.50% Senior Notes due 2026. The stock gave back earlier premarket gains — shares were up ~3.3% before the open — as investors appeared to sell the news amid weak technical momentum, with the stock trading nearly 29% below its 50-day SMA and well off its May high near $22. Broader market headwinds from renewed U.S.-Iran tensions and a risk-off tone also weighed on sentiment.

-6.5812

July 11, 2026Babcock & Wilcox shares rose about 2% on July 10, outperforming the industrials sector (XLI was roughly flat) as investors continued to digest the company's landmark AI data center positioning. The stock's momentum reflects sentiment built since its blockbuster Q1 earnings in May, when bookings surged 1,971% to $2.5 billion and CEO Kenneth Young highlighted over $2 billion in new AI data center pipeline additions from hyperscalers. The broader AI infrastructure theme remains a tailwind, with global spending still seen as early-stage, though Morningstar flagged industrials tied to data center construction as the most overvalued segment of the sector.

2.0942

July 10, 2026Babcock & Wilcox shares surged on July 9, closing up over 6%, outperforming the broader industrials sector (XLI) and the S&P 500, which ended the session navigating geopolitical crosscurrents from renewed U.S.-Iran strikes. The strong move builds on the company's momentum since its landmark March announcement of a $2.4 billion, 1.2-gigawatt power generation project for AI data center operator Base Electron — a deal that triggered a 33% single-day surge at the time. With industrials leading sector performance in 2026 (XLI up ~20% YTD), AI infrastructure buildout and power demand tailwinds continue to position Babcock & Wilcox favorably among investors.

6.4067

July 9, 2026Babcock & Wilcox closed modestly higher, holding up relatively well against a broad risk-off selloff driven by renewed U.S.-Iran military strikes that sent oil surging and dragged the industrials sector lower. Investors are also navigating a Bernstein Liebhard LLP fiduciary duty investigation announced July 7, alongside a May secondary offering of 11.7 million shares that pressured the stock. Despite these headwinds, BW remains a key AI infrastructure play following its March $2.4B power generation contract win for Applied Digital's AI Factory campuses.

0.3728

July 8, 2026Babcock & Wilcox shares tumbled amid a confluence of negative pressures, including an ongoing securities investigation by Bernstein Liebhard LLP probing whether directors and officers breached fiduciary duties — tied to allegations that the company misled investors about a $2.4 billion power generation contract involving undisclosed related-party entanglements with its largest shareholder. The stock, which has shed nearly 20% year-to-date from recent highs, also faced broader headwinds as U.S. equities declined on rising Treasury yields and Middle East-driven oil price spikes that weighed on industrials.

-5.212

Simply Wall Street · July 17, 2026Babcock & Wilcox Enterprises (BW) Launches Buyback And Debt Redemption, Is It Still Undervalued?Moomoo · July 14, 2026Craig-Hallum Maintains Babcock & Wilcox Enterprises(BW.US) With Buy RatingBusiness Wire · July 13, 2026Babcock & Wilcox Announces Full Redemption of NotesInvestmentNews · April 15, 2026Investors sue Babcock & Wilcox over allegedly inflated $2.4B AI deal
Benzinga · July 13, 2026BW Investors Weigh Buybacks, Debt Redemption And Weak Momentum
Mt Newswire · July 13, 2026Babcock & Wilcox Authorizes $50 Million Share Buyback, to Redeem $61.4 Million in Notes
Benzinga · July 13, 2026Babcock & Wilcox Enterprises Board Authorizes Share Repurchase Program Of Up To $50M
Mt Newswire · June 8, 2026Babcock & Wilcox to Support TerraSpark's Energy Generation Project in West Virginia
Benzinga · June 8, 2026Babcock & Wilcox Collaborates With TerraSpark To Support Its Planned Energy Generation Project In West Virginia
Benzinga · May 21, 2026Babcock & Wilcox Enterprises Files Prospectus For Resale Of Up To 11.7M Shares Of Common Stock, Including Warrant-Linked Shares, By Selling Stockholders
Mt Newswire · May 18, 2026Babcock & Wilcox Enterprises Closes Offering of Common Shares
Mt Newswire · May 15, 2026Babcock & Wilcox Prices $200 Million Common Stock Offering

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