u/ChoiceNo8649 · 16h ago2 prior · awaiting results
Babcock & Wilcox: the balance sheet stopped being the risk, and the market hasn’t noticed
Babcock & Wilcox has transformed its balance sheet from a going-concern risk ($337M net debt 18 months ago) to $106M net cash, while revenue accelerates (+85.7% H1) and a $2.4B Base Electron contract signals potential for repeatable FastPower revenue. Market still values the stock at $7.10 as if old risks remain, missing a base-case $9 target and bull-case $18.50 upside.