Bridger Aerospace (BAER)

• Market cap: $121M
• 1 day: -3.88%
• 5 days: -4.70%
• 1 month: -20.92%
• 3 months: -11.86%
• 6 months: -42.97%
• Year to date: -67.06%
• 1 year: -65.43%
• 5 years: -89.90%
• 10 years: -89.90%
• Sector: Industrials
• Industry: Business Services

About: Bridger Aerospace Group Holdings Inc operates as an aerial firefighting company. It provides aerial wildfire surveillance, relief and suppression, and aerial firefighting services using next-generation technology and environmentally friendly and sustainable firefighting methods. Bridger Aerospace provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation. The company's portfolio is organized across two offerings: Fire Suppression, which Consists of deploying specialized Viking CL-415EAF ("Super Scooper") aircraft to drop large amounts of water quickly and directly on wildfires, and Aerial Surveillance, providing aerial surveillance via manned aircraft for fire suppression aircraft.

Employees: 148

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

350% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 4

225% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 4

24% more funds holding

Funds holding: 37 [Q2] → 46 (+9) [Q3]

2.93% less ownership

Funds ownership: 28.29% [Q2] → 25.36% (-2.93%) [Q3]

40% less capital invested

Capital invested by funds: $49.7M [Q2] → $29.9M (-$19.8M) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $5.75 158% upside
• Avg. target: $5.75 158% upside
• High target: $5.75 158% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Canaccord Genuity Austin Moeller 46% 1-year accuracy 18 / 39 met price target

158% upside $5.75

Buy Maintained

13 Nov 2024