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Updated 4h ago
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Bridger Aerospace Group Holdings, Inc.NasdaqGM:BAER Stock Report

Market Cap US$55.6m
Updated 4h ago
Share Price
n/a
1Y-48.0%
7D-9.1%
1D2.4%
Portfolio Value
​
View

Bridger Aerospace Group Holdings, Inc.

NasdaqGM:BAER Stock Report

Market Cap: US$55.6m

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Bridger Aerospace Group Holdings (BAER) Stock Overview

Provides aerial wildfire surveillance, relief and suppression, and aerial firefighting services in the United States. More details

BAER fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Rewards

Revenue is forecast to grow 19.79% per year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 287.8%

Risk Analysis

Has less than 1 year of cash runway

Currently unprofitable and not forecast to become profitable over the next 3 years

Does not have a meaningful market cap ($56M)

Volatile share price over the past 3 months compared to the US market


BAER Community Fair Values

Create Narrative

See what 13 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
77.0% undervalued intrinsic discount
AnalystConsensusTarget
•2mo ago

Wildfire Policy Shifts And Expanded Federal Funding Will Drive Long Term Earnings Power

90
0
3
AN
AnalystHighTarget
76.4% undervalued intrinsic discount
AnalystHighTarget
•1mo ago

Aerial Firefighting Demand And Defense Contracts Will Drive Stronger Long Term Earnings Visibility

22
0
1
AN
AnalystLowTarget
71.8% undervalued intrinsic discount
AnalystLowTarget
•5mo ago

Wildfire Preparedness Contracts Will Strain Operations Yet Ultimately Support A Gradual Earnings Recovery

5
0
0

Top Analyst Narratives

AN
AnalystConsensusTarget
77.0% undervalued intrinsic discount
AnalystConsensusTarget
•2mo ago

Wildfire Policy Shifts And Expanded Federal Funding Will Drive Long Term Earnings Power

90
0
3
AN
AnalystHighTarget
76.4% undervalued intrinsic discount
AnalystHighTarget
•1mo ago

Aerial Firefighting Demand And Defense Contracts Will Drive Stronger Long Term Earnings Visibility

22
0
1
AN
AnalystLowTarget
71.8% undervalued intrinsic discount
AnalystLowTarget
•5mo ago

Wildfire Preparedness Contracts Will Strain Operations Yet Ultimately Support A Gradual Earnings Recovery

5
0
0
View all narratives

Bridger Aerospace Group Holdings, Inc. Competitors

Guardforce AI

Symbol: NasdaqCM:GFAI
Market cap: US$10.0m

Mint Incorporation

Symbol: NasdaqCM:MIMI
Market cap: US$13.0m

Civeo

Symbol: NYSE:CVEO
Market cap: US$354.9m

Quhuo

Symbol: NasdaqCM:QH
Market cap: US$10.7m

Price History & Performance

Summary of share price highs, lows and changes for Bridger Aerospace Group Holdings
Historical stock prices
Current Share PriceUS$0.95
52 Week HighUS$3.44
52 Week LowUS$0.91
Beta0.30
1 Month Change-22.50%
3 Month Change-46.88%
1 Year Change-48.05%
3 Year Change-87.75%
5 Year Change-90.25%
Change since IPO-90.24%

Recent News & Updates

User avatar
Narrative Update • Aug 09

BAER: Contract Wins And 2026 Guidance Will Support Future Upside Potential

Analysts have revised their price target for Bridger Aerospace Group Holdings to $4.00 from $5.00, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E estimates. What's in the News for Bridger Aerospace Group Holdings Bridger Aerospace Group Holdings reiterated earnings guidance for full year 2026, with revenue expected between US$135 million and US$145 million.

Recent updates

User avatar
Narrative Update • Aug 09

BAER: Contract Wins And 2026 Guidance Will Support Future Upside Potential

Analysts have revised their price target for Bridger Aerospace Group Holdings to $4.00 from $5.00, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E estimates. What's in the News for Bridger Aerospace Group Holdings Bridger Aerospace Group Holdings reiterated earnings guidance for full year 2026, with revenue expected between US$135 million and US$145 million.
User avatar
Narrative Update • Jun 26

BAER: Extended US Forest Service Contracts Will Support Stronger 2026 Outlook

Analysts have revised their price target for Bridger Aerospace Group Holdings from $5.25 to $4.12 as they reset expectations around revenue growth, profit margins and future P/E assumptions. What’s in the News for Bridger Aerospace Group Holdings Bridger Aerospace Group Holdings received two separate 160 day task orders from the US Forest Service for its CL-415EAF Super Scooper aircraft, covering four planes in total.
Seeking Alpha • Jun 09

Bridger Aerospace Group Cannot Grow Its Problem Off

Summary Bridger Aerospace Group faces persistent financial risk despite industry tailwinds from increasing wildfire activity. Recent quarters revealed revenue declines and concerning fixed cost increases, highlighting high operating leverage and limited flexibility. BAER's 2026 guidance implies operational profitability, but returns remain insufficient to cover heavy debt and preferred stock obligations. I maintain a Hold rating, citing a fundamentally challenged capital structure and ongoing liquidity risks for the common equity. Read the full article on Seeking Alpha
User avatar
New Narrative • Apr 15

Wildfire Preparedness Contracts Will Strain Operations Yet Ultimately Support A Gradual Earnings Recovery

Catalysts About Bridger Aerospace Group Holdings Bridger Aerospace Group Holdings provides aerial firefighting, airborne intelligence and related services to government and commercial customers. What are the underlying business or industry changes driving this perspective?
User avatar
New Narrative • Apr 01

Aerial Firefighting Demand And Defense Contracts Will Drive Stronger Long Term Earnings Visibility

Catalysts About Bridger Aerospace Group Holdings Bridger Aerospace Group Holdings provides aerial firefighting, surveillance and related services with a fleet that includes Super Scoopers, multi mission aircraft and Air Attack platforms. What are the underlying business or industry changes driving this perspective?
Analysis Article • Jan 10

Subdued Growth No Barrier To Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER) With Shares Advancing 37%

Despite an already strong run, Bridger Aerospace Group Holdings, Inc. ( NASDAQ:BAER ) shares have been powering on...
Analysis Article • Nov 14

We Think Bridger Aerospace Group Holdings (NASDAQ:BAER) Is Taking Some Risk With Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Oct 03

Bridger Aerospace Group Holdings, Inc.'s (NASDAQ:BAER) Shares Not Telling The Full Story

You may think that with a price-to-sales (or "P/S") ratio of 0.8x Bridger Aerospace Group Holdings, Inc. ( NASDAQ:BAER...
Analysis Article • May 31

Does Bridger Aerospace Group Holdings (NASDAQ:BAER) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Apr 25

Market Participants Recognise Bridger Aerospace Group Holdings, Inc.'s (NASDAQ:BAER) Revenues Pushing Shares 29% Higher

Bridger Aerospace Group Holdings, Inc. ( NASDAQ:BAER ) shareholders are no doubt pleased to see that the share price...
Analysis Article • Mar 07

Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER) Might Not Be As Mispriced As It Looks After Plunging 28%

The Bridger Aerospace Group Holdings, Inc. ( NASDAQ:BAER ) share price has fared very poorly over the last month...
Analysis Article • Jan 16

Bridger Aerospace Group Holdings, Inc. (NASDAQ:BAER) Looks Just Right With A 28% Price Jump

The Bridger Aerospace Group Holdings, Inc. ( NASDAQ:BAER ) share price has done very well over the last month, posting...
Seeking Alpha • Jan 10

Bridger Aerospace: Stock Spike From California Wildfires Likely Temporary

Summary Bridger Aerospace's stock has declined significantly due to shareholder dilution and narrowed EBITDA guidance, despite a strong business case driven by increasing wildfires. Government budgeting delays and contracting lags have further complicated Bridger Aerospace's financial performance and stock sentiment. Los Angeles wildfires have temporarily boosted stock prices, but long-term support hinges on increased firefighting budgets and monitoring services. Despite a recent stock surge, Bridger Aerospace is fairly valued; caution is advised due to financial variability linked to wildfire season intensity. Read the full article on Seeking Alpha
Analysis Article • Jan 07

Does Bridger Aerospace Group Holdings (NASDAQ:BAER) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Nov 14

Market Participants Recognise Bridger Aerospace Group Holdings, Inc.'s (NASDAQ:BAER) Revenues Pushing Shares 48% Higher

Bridger Aerospace Group Holdings, Inc. ( NASDAQ:BAER ) shares have had a really impressive month, gaining 48% after a...
Seeking Alpha • Apr 25

Highs And Lows: Examining Bridger Aerospace Group As An Investment Opportunity

Summary Bridger Aerospace Group is a leading aerial firefighting company with cutting-edge aircraft technology. The company faces challenges such as profitability, high debt, customer dependence, and reliance on a limited number of irreplaceable aircraft. The demand for aerial firefighting services is growing due to climate change and an increase in vulnerable zones, providing opportunities for Bridger's growth. Read the full article on Seeking Alpha
Analysis Article • Mar 28

There May Be Underlying Issues With The Quality Of Bridger Aerospace Group Holdings' (NASDAQ:BAER) Earnings

Bridger Aerospace Group Holdings, Inc.'s ( NASDAQ:BAER ) stock was strong after they recently reported robust earnings...
Seeking Alpha • Feb 08

Bridger Aerospace Stock Plummeted: What Is Next?

Summary Bridger Aerospace Group Holdings, Inc. stock has dropped 22.7% while the market gained 15% since October 2023. The stock tanked due to a negative announcement of a public offering and market volatility. Despite the stock's decline, Bridger Aerospace reported strong earnings in Q3 2023, with increased revenues and adjusted EBITDA. Read the full article on Seeking Alpha
Analysis Article • Feb 01

Bridger Aerospace Group Holdings, Inc.'s (NASDAQ:BAER) Earnings Haven't Escaped The Attention Of Investors

When close to half the companies in the Commercial Services industry in the United States have price-to-sales ratios...

Shareholder Returns

BAERUS Commercial ServicesUS Market
7D-9.1%-1.8%-0.2%
1Y-48.0%-8.1%12.1%

Return vs Industry: BAER underperformed the US Commercial Services industry which returned -8.2% over the past year.

Return vs Market: BAER underperformed the US Market which returned 11.9% over the past year.

Price Volatility

Is BAER's price volatile compared to industry and market?
BAER volatility
BAER Average Weekly Movement11.0%
Commercial Services Industry Average Movement6.4%
Market Average Movement6.8%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market2.9%

Stable Share Price: BAER's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: BAER's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2014235Sam Daviswww.bridgeraerospace.com

Bridger Aerospace Group Holdings, Inc. provides aerial wildfire surveillance, relief and suppression, and aerial firefighting services in the United States. The company offers fire suppression services, such as aerial firefighting support for ground crews by operating the Viking CL-415EAF (Super Scooper) aircraft to drop water as part of the initial and direct attack to slow, contain, and extinguish wildfires. It also provides aerial surveillance services via manned (Air Attack) aircraft for fire suppression over an incident and providing tactical coordination with the incident commander, and decision-makers rapid, current intelligence from useful aerial vantage points, giving access to information to support ground firefighters and safety for the public.

Bridger Aerospace Group Holdings, Inc. Fundamentals Summary

How do Bridger Aerospace Group Holdings's earnings and revenue compare to its market cap?
BAER fundamental statistics
Market capUS$55.62m
Earnings (TTM)-US$40.45m
Revenue (TTM)US$115.44m
0.5x
P/S Ratio
-1.4x
P/E Ratio

Is BAER overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BAER income statement (TTM)
RevenueUS$115.44m
Cost of RevenueUS$71.46m
Gross ProfitUS$43.98m
Other ExpensesUS$84.43m
Earnings-US$40.45m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.69
Gross Margin38.10%
Net Profit Margin-35.04%
Debt/Equity Ratio687.7%

How did BAER perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/20 12:39
End of Day Share Price 2026/09/18 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bridger Aerospace Group Holdings, Inc. is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Austin MoellerCanaccord Genuity
Mark SmithLake Street Capital Markets, LLC
Jonathan SiegmannStifel, Equities Research

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