Bridger AerospaceBAER
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
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
24% more funds holding
Funds holding: 37 [Q2] → 46 (+9) [Q3]
2.91% less ownership
Funds ownership: 28.3% [Q2] → 25.39% (-2.91%) [Q3]
40% less capital invested
Capital invested by funds: $49.8M [Q2] → $30M (-$19.8M) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Canaccord Genuity Austin Moeller 58% 1-year accuracy 25 / 43 met price target | 107%upside $6 | Buy Maintained | 15 Jan 2025 |
Financial journalist opinion
Based on 3 articles about BAER published over the past 30 days
![Bridger Aerospace Secures $20 Million 5-Year Contract with the U.S. Department of the Interior](https://wsr-news.imgdelivr.io/4XNFSQoC.jpg?w=640&h=360)
![Bridger Aerospace Confirms the Mobilization of Super Scooper Aircraft to California to Assist in Firefighting Efforts](https://wsr-news.imgdelivr.io/4AUV3joN.jpg?w=640&h=360)
![Bridger Aerospace Congratulates Our Founder Timothy Sheehy for Being Sworn in as United States Senator for the State of Montana](https://wsr-news.imgdelivr.io/QbHHfAf7.jpg?w=640&h=360)
![BAER Stock Gains Following Q3 Earnings Uptick Y/Y, Gross Margin Down](https://wsr-news.imgdelivr.io/wYVMspiw.jpg?w=640&h=360)
![Bridger Aerospace Group Holdings, Inc. (BAER) Q3 2024 Earnings Call Transcript](https://wsr-news.imgdelivr.io/MY7Gar2k.jpg?w=640&h=360)
![Bridger Aerospace Announces Record Third Quarter 2024 Results; Raises Revenue Guidance and Narrows Adjusted EBITDA Estimates](https://wsr-news.imgdelivr.io/Ww88C2iz.jpg?w=640&h=360)
![Bridger Aerospace Announces Schedule for its Third Quarter 2024 Earnings Release and Conference Call](https://wsr-news.imgdelivr.io/jVQCKYR9.jpg?w=640&h=360)
![Airline Stocks Off the Beaten Path: 3 Key Picks for Investors](https://wsr-news.imgdelivr.io/x70T1Ebo.jpg?w=640&h=360)
![The Zacks Analyst Blog Eli Lilly, Chevron, Abbott and Bridger Aerospace](https://wsr-news.imgdelivr.io/O4JD36SE.jpg?w=640&h=360)
![Newman Ferrara LLP Announces Corporate Governance Investigation of Bridger Aerospace Group Holdings, Inc. – BAER](https://wsr-news.imgdelivr.io/sG1Cqkoz.jpg?w=640&h=360)