Professional
Added to YB: 2026-03-16
Pitch date: 2026-03-12
BW [bearish]
Babcock & Wilcox Enterprises, Inc.
+19.22%
current return
Author Info
Company Info
Babcock & Wilcox Enterprises, Inc., together with its subsidiaries, provides energy and emissions control solutions to industrial, electrical utility, municipal, and other customers in the United States, Canada, the United Kingdom, Indonesia, and Philippines.
Market Cap
$1.9B
Pitch Price
$13.01
Price Target
N/A
Dividend
N/A
EV/EBITDA
68.13
P/E
-32.55
EV/Sales
3.75
Sector
Electrical Equipment
Category
special_situation
Babcock & Wilcox’s (BW) Much Hyped $2.4 Billion Deal Appears to Be with an Opaque RILY Backed Corp; And APLD Has Already Contradicted Disclosures About the Deal
BW (short): Up ~75% on hyped $2.4B boiler deal w/ Base Electron, RILY-backed entity (Bryant Riley is director), not APLD directly. APLD contradicts BW, says Base Electron is independent w/ only 10% interest vs BW calling it 'subsidiary'. APLD guarantee dissolves at $50M financing or IPO. Riley sold $10.4M at $9 2/11/26. Research shows APLD drawing grid power for projects, not BW boilers. Conflict: RILY has significant influence over BW.
Read full article (2 min)