BW stock news · Babcock & Wilcox Enterprises, Inc.
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Get alerts for BWBabcock & Wilcox secures contract for 20 turbine generators in response to rising AI energy needs.
Good for BWBabcock & Wilcox's shares surged over 35% in premarket trading following the announcement of a major contract with Siemens Energy for 20 steam turbine generator sets, aimed at supporting the growing power demands of AI data centers. This deal, coupled with strong second-quarter earnings, positions the company favorably in the energy sector.
Babcock & Wilcox shares jump 42% in after-hours trading: Key insights for investors.
Good for BWBabcock & Wilcox's shares surged 42% after hours following a strong earnings report that exceeded expectations in revenue, profit, and adjusted EBITDA. The company also raised its full-year 2026 adjusted EBITDA target and announced a share repurchase program, indicating strong future growth prospects driven by demand in the energy sector.
Monday's after-hours trading sees notable shifts in 12 industrial stocks.
NeutralSeveral industrial stocks experienced significant movements in after-market trading following the release of Q2 earnings reports. Babcock & Wilcox saw the largest gain, rising 34.5%, indicating strong market confidence in its performance.