BA

Bridger Aerospace Group Holdings, Inc. Common Stock

BAER·NASDAQ

$2.04

-7.3%
IndustrialsSecurity & Protection Services

Bridger Aerospace Group Holdings, LLC offers aerial wildfire management and firefighting services for the U.S. State Governments. The company was founded in 2014 and is based in Belgrade, Montana.

At a Glance

Live Snapshot
Market Cap$117.58M
EPS-0.4200
P/E Ratio-4.86
Earnings Date08/06/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -4.9).

Valuation inputs: P/E -4.9, earnings yield N/A, momentum -7.3%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +6.4%, ROIC +4.9%).

Profitability stack: net margin +3.4%, ROE +6.4%, ROIC +4.9%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile is elevated and scenario stress-testing is essential.

Risk factors: liabilities/assets +80.4%, momentum -7.3%, net margin +3.4%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

b

Bridger Aerospace Group Holdings, Inc. Common Stock Market vs Earnings Trajectory

BAER · NASDAQ

Loading price and EPS data...

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Bridger Aerospace Group Holdings, Inc. Common Stock Fair Value Envelope

BAER · NASDAQ

Our analysis suggests that BAER has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $2.04, this represents a potential HIDDEN relative to our calculated worth for Bridger Aerospace Group Holdings, Inc. Common Stock.

Intrinsic Value
Current Price: $2.04
3Y-95.0%
5Y+50.0%
10Y+50.0%
3Y+165.0%
5Y+816.0%
10Y+816.0%
3Y-110.0%
5Y-134.0%
10Y-134.0%
3Y-269.0%
5Y-314.0%
10Y-314.0%
3Y+81.0%
5Y+5.0%
10Y+5.0%
3Y+8.0%
5Y+150.0%
10Y+150.0%
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Bridger Aerospace Group Holdings, Inc. Common Stock Profit Bridge

BAER · NASDAQ
Revenue122.83M
Cost of Goods Sold (71.15M)
Gross Profit51.68M
Operating Expenses (36.28M)
Operating Income15.40M
Interest Expense (23.26M)
Other Income/Expense-11.47M
Pretax Income3.92M
Income Tax (-215.00K)
Net Income4.14M
Net Income
4.14M

Profitability Analysis

Gross Margin

42.1%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

12.5%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

3.4%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

-5.5%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.

42.08%
Gross Profit Margin
1%
3Y+56.0%
5Y+910.0%
10Y+910.0%
12.54%
Operating Profit Margin
132%
3Y-126.0%
5Y-119.0%
10Y-119.0%
3.37%
Net Profit Margin
-121%
3Y-104.0%
5Y-104.0%
10Y-104.0%
6.40%
Return on Equity
-122%
3Y-111.0%
5Y-67.0%
10Y-67.0%
1.25%
Return on Assets
-123%
3Y-109.0%
5Y-114.0%
10Y-114.0%
4.86%
Return on Invested Capital
160%
3Y-161.0%
5Y-171.0%
10Y-171.0%
B

Bridger Aerospace Group Holdings, Inc. Common Stock Cash Conversion Engine

BAER · NASDAQ
Net Income4.14M
Depreciation & Amortization15.47M
Stock-Based Compensation7.10M
Change in Working Capital-3.03M
Others-6.57M
Capital Expenditures-80.94M
Free Cash Flow-64.21M

Cash Flow Quality Analysis

FCF Conversion Rate

-1551.0%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

483.8%

Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.

FCF Growth Trend

-1318.2%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$3.03M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.

b

Bridger Aerospace Group Holdings, Inc. Common Stock Funding & Solvency Profile

BAER · NASDAQ
Cash & Cash Equivalents9.00M
Net Receivables6.84M
Inventory1.24M
Other Current Assets2.15M
Total Current Assets19 M
Property, Plant & Equipment222.00M
Goodwill & Intangible Assets26.80M
Long-Term Investments0.00
Other Non-Current Assets46.35M
Total Non-Current Assets268 M
Total Assets
314.37M

Financial Health Analysis

Current Ratio

0.90x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

8.20x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-2119000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

6% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

b

Bridger Aerospace Group Holdings, Inc. Common Stock Street Expectations Map

BAER · NASDAQ

Wall Street analysts project that BAER stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 4.50, with estimates ranging from a low of 4.50 to a high of 4.50.

Lowest Target
4.50
120.59%
Consensus Target
4.50
120.59%
Highest Target
4.50
120.59%

The consensus 1-year price target stands at 4.50, with estimates ranging from a low of 4.50 to a high of 4.50.

Analyst Consensus Analysis

Upside Potential

+120.6%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

b

Bridger Aerospace Group Holdings, Inc. Common Stock Insider Positioning

BAER · NASDAQ

During the last 12 months, insiders have purchased $180K worth of BAER shares, with no selling activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

100.0K

180.07K

Sold

0

0.00

Net Activity

+180K

+$180K

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
KJE

Kelter Jeffrey E

Director

100.0K shares1 transactions

$180K

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $180K net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

∞:1

Perfect buy/sell ratio. Only buying activity with zero selling—the most bullish possible insider signal.

Insider Participation

High Buying

1 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Unanimous insider buying: Zero selling combined with active buying is rare and typically very bullish. Insiders appear to see significant upside with limited downside risk.

0.00%
Dividend Yield
3Y-100.0%
5Y-
10Y-
 

baer Dividend History

BAER
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%