IPO Year:
Exchange: NASDAQ
Date | Price Target | Rating | Analyst |
---|---|---|---|
6/24/2024 | $5.50 | Buy | Canaccord Genuity |
Canaccord Genuity initiated coverage of Bridger Aerospace Group with a rating of Buy and set a new price target of $5.50
BELGRADE, Mont., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. ("Bridger" or "Bridger Aerospace"), (NASDAQ:BAER, BAERW)), one of the nation's largest aerial firefighting companies, today announced that it will release financial results for the third quarter ended September 30, 2024 on Monday, November 11, 2024 after the market close. Management will conduct an investor conference call on Monday, November 11, 2024, at 5:00 p.m. Eastern Time (3:00 p.m. Mountain Time) to discuss these results and its business outlook. Interested parties can access the conference call by dialing 800-225-9448 or 203-518-9708. The conference call will also be broadcast live on the I
BELGRADE, Mont., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. ("Bridger" or "Bridger Aerospace"), (NASDAQ:BAER, BAERW))), one of the nation's largest aerial firefighting companies, today announced that it will release financial results for the second quarter ended June 30, 2024 on Monday, August 12, 2024 after the market close. Management will conduct an investor conference call on Monday, August 12, 2024, at 5:00 p.m. Eastern Time (3:00 p.m. Mountain Time) to discuss these results and its business outlook. Interested parties can access the conference call by dialing 800-225-9448 or 203-518-9708. The conference call will also be broadcast live on the Investor
BELGRADE, Mont., July 01, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. ("Bridger", "the Company" or "Bridger Aerospace"), (NASDAQ:BAER, BAERW))), one of the nation's largest aerial firefighting companies, today announced that it has acquired FMS Aerospace ("FMS"). FMS, based in Huntsville, Alabama, is a turn-key provider of airframe modification and integration solutions for government and commercial customers including instrumentation, flight testing and airworthiness certification. The consideration for the transaction was $17.51 million in equity, with an additional contingent equity earn-out consideration of up to $3.09 million. "Having partnered with the team at FM
BELGRADE, Mont., May 13, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. ("Bridger", "the Company" or "Bridger Aerospace"), (NASDAQ:BAER, BAERW))), one of the nation's largest aerial firefighting companies, today reported results for the first quarter ended March 31, 2024. The Company also reiterated its 2024 revenue and adjusted EBITDA guidance supported by the earliest seasonal deployment in company history. Highlights: Earliest seasonal deployment of Super Scooper and surveillance aircraft in company history leads to highest first quarter revenue and positions the company for another record yearCompleted a $9.8 million equity financing in April 2024 with participation
BELGRADE, Mont., May 07, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. ("Bridger" or "Bridger Aerospace"), (NASDAQ:BAER, BAERW))), one of the nation's largest aerial firefighting companies, today announced that it will release financial results for the first quarter ended March 31, 2024 on Monday, May 13, 2024 after the market close. Management will conduct an investor conference call on Monday, May 13, 2024, at 5:00 p.m. Eastern Time (3:00 p.m. Mountain Time) to discuss these results and its business outlook. Interested parties can access the conference call by dialing 800-274-8461 or 203-518-9783. The conference call will also be broadcast live on the Investor Relati
BELGRADE, Mont., March 19, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. ("Bridger", "the Company" or "Bridger Aerospace"), (NASDAQ:BAER, BAERW))), one of the nation's largest aerial firefighting companies, today reported results for the fourth quarter and fiscal year ended December 31, 2023. The Company also reiterated its 2024 revenue and adjusted EBITDA guidance. Highlights: Record 2023 revenue of nearly $67 million despite slowest fire season in 20 yearsRecord contract awards in 2023 including a 5-year $60 million exclusive use fire surveillance and technology contract in support of the Department of InteriorFirst international deployment leads to the most terri
BELGRADE, Mont., March 13, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. ("Bridger" or "Bridger Aerospace"), (NASDAQ:BAER, BAERW))), one of the nation's largest aerial firefighting companies, today announced that it will release financial results for the fourth quarter and fiscal year ended December 31, 2023 on Tuesday, March 19, 2024 after the market close. Management will conduct an investor conference call on Tuesday, March 19, 2024, at 5:00 p.m. Eastern Time (3:00 p.m. Mountain Time) to discuss these results and its business outlook. Interested parties can access the conference call by dialing 800-274-8461 or 203-518-9783. The conference call will also be broadcast
Bridger Aerospace Group Holdings, Inc. ("Bridger" or "Bridger Aerospace"), (NASDAQ:BAER, BAERW))), one of the nation's largest aerial firefighting companies, announced it has entered into a joint venture partnership with Marathon Asset Management L.P. and Avenue Capital's Sustainable Solutions Fund. The Joint Venture expects to formally purchase four Canadair CL-215T Amphibious Aircraft recently awarded in a public tender process from the Government of Spain for €40.3 million on December 5, 2023. "Marathon is excited to support Bridger Aerospace's expansion to the European Union with our transformative transaction. Bridger's mission critical services in combating wildfires are core to our
BELGRADE, Mont., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. ("Bridger" or "Bridger Aerospace"), (NASDAQ:BAER, BAERW))), one of the nation's largest aerial firefighting companies, today announced that it has entered into a joint venture partnership to complete the purchase of four Canadair CL-215T Amphibious Aircraft recently awarded in a public tender process from the Government of Spain for €40.3 million. The purchase by the partnership, which brings together Marathon Asset Management LP, Avenue Sustainable Solutions Fund, and Bridger, is expected to formally close in ten business days. "Bridger's mission is to support communities affected by wildfires whe
BELGRADE, Mont., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. ("Bridger", "the Company" or "Bridger Aerospace"), (NASDAQ:BAER, BAERW))), one of the nation's largest aerial firefighting companies, today reported record results for the third quarter ended September 30, 2023 and an update on guidance including the establishment of initial 2024 Revenue and Adjusted EBITDA estimates. Highlights: Achieved record quarterly revenue, net income, and Adjusted EBITDA of $53.6 million, $17.5 million and $38.7 million, respectively, in the third quarter of 2023Bridger's Super Scooper fleet experienced its highest level of utilization ever during the third quarter despite a
BELGRADE, Mont., July 01, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. ("Bridger", "the Company" or "Bridger Aerospace"), (NASDAQ:BAER, BAERW))), one of the nation's largest aerial firefighting companies, today announced the appointment of aviation industry veteran Dan Drohan to the Company's Board of Directors ("Board"). With the addition of Mr. Drohan, the Board will be comprised of nine members. Mr. Kelter stated, "I am very gratified that the Company's mission and growth profile has been able to attract a Board comprised of such successful members of the financial and corporate world. Dan's addition will enhance a Board that within the last year has adde
BELGRADE, Mont., May 29, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. ("Bridger", "the Company" or "Bridger Aerospace"), (NASDAQ:BAER, BAERW))), one of the nation's largest aerial firefighting companies, today announced that it is set to join the Russell 3000® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1st. A preliminary list of additions was posted Friday, May 24th. The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, whic
BELGRADE, Mont., March 08, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. ("Bridger", "the Company" or "Bridger Aerospace"), (NASDAQ:BAER, BAERW))), one of the nation's largest aerial firefighting companies, today announced the appointment of seasoned business leaders Elizabeth C. Fascitelli and David A. Schellenberg as independent directors, increasing the size of the Board to 11 members. Jeffrey Kelter, Bridger's Chairman, commented, "The addition of two proven leaders is a very powerful statement in Bridger's continuing evolution as a public company. They each bring a wealth of experience and expertise that will be invaluable to help guide the continued growth and va
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BELGRADE, Mont., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. ("Bridger or "Bridger Aerospace"), (NASDAQ:BAER, BAERW)), one of the nation's largest aerial firefighting companies, today announced that it has secured a five-year $20.1 million Indefinite Delivery Indefinite Quantity (IDIQ) contract with the U.S. Department of the Interior (DOI) for two air attack and surveillance aircraft in support of fire and resource management activities and other government work for the Bureau of Land Management (BLM) Alaska Fire Service. "Our air attack and surveillance fleet is ideally suited to serve the DOI and the State of Alaska to support their fire and resource manage
BELGRADE, Mont., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. ("Bridger" or "Bridger Aerospace"), (NASDAQ:BAER, BAERW)), one of the nation's largest aerial firefighting companies, today confirmed the mobilization of Bridger's CL-415EAF "Super Scooper" aircraft to California to assist in firefighting efforts. Sam Davis, Interim Chief Executive Officer of the Company, commented, "I am proud of our team, which mobilized in record time to be prepared to assist and supplement the existing wildfire fighting efforts in California. The team completed required winter maintenance and related preparations, and with our first Scooper arriving in California over the weeke
BELGRADE, Mont., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. ("Bridger" or "Bridger Aerospace"), (NASDAQ:BAER, BAERW)), one of the nation's largest aerial firefighting companies, today congratulates Timothy P. Sheehy, the Company's founder and former chief executive officer of the Company, for being sworn into the United States Senate as the U.S. Senator for the State of Montana. "We are extremely proud of the leadership and sacrifices that Tim has made for the country, and we are confident Tim will continue his legacy of success in the U.S. Senate," stated Jeff Kelter, the Company's Executive Chairman of the Board of Directors. Tim has a history of distingui
BELGRADE, Mont., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. ("Bridger", "the Company" or "Bridger Aerospace"), (NASDAQ:BAER, BAERW)), one of the nation's largest aerial firefighting companies, today reported record results for the third quarter ended September 30, 2024, raising its 2024 revenue guidance and narrowing its Adjusted EBITDA guidance. Highlights: Achieved record quarterly revenue, net income, and Adjusted EBITDA of $64.5 million, $27.3 million and $47.0 million, respectively, in the third quarter of 2024, representing growth over the third quarter of 2023 of approximately 20%, 56% and 21%, respectively.The Company expects to generate positive fre
BELGRADE, Mont., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. ("Bridger" or "Bridger Aerospace"), (NASDAQ:BAER, BAERW)), one of the nation's largest aerial firefighting companies, today announced that it will release financial results for the third quarter ended September 30, 2024 on Monday, November 11, 2024 after the market close. Management will conduct an investor conference call on Monday, November 11, 2024, at 5:00 p.m. Eastern Time (3:00 p.m. Mountain Time) to discuss these results and its business outlook. Interested parties can access the conference call by dialing 800-225-9448 or 203-518-9708. The conference call will also be broadcast live on the I
Invitation Homes Inc. (NYSE:INVH) ("Invitation Homes" or the "Company"), the nation's premier single-family home leasing and management company, today announced that Rear Adm. H. Wyman Howard III, USN (Ret) was appointed to the Company's board of directors (the "Board"), effective October 1, 2024. "On behalf of the entire Board, it is our distinct honor to welcome Mr. Howard," said Michael Fascitelli, chairperson of the Board. "With his remarkable leadership skills, vast operational experience, and commitment to excellence, we believe his contributions will be invaluable. We look forward to the unique perspectives and insights that he'll bring to our team." "It is a privilege to have Mr.
RYE, N.Y., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website. Agenda 7:50 AMWelcome & IntroTony Bancroft – Gabelli Funds 8:00Moog Inc. (
RYE, N.Y., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website. Agenda 7:50 AMWelcome & IntroTony Bancroft – Gabelli Funds8:00Moog Inc. (NYSE:MOG)
RYE, N.Y., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 5th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website. Featured Companies AAR Corp. (NYSE:AIR)Graham Corporation (NYSE:GHM) Sean Gillen –
Newman Ferrara LLP announced today that the firm is conducting an investigation on behalf of shareholders of Bridger Aerospace Group Holdings, Inc. ("Bridger" or the "Company") (NASDAQ:BAER) into potential breaches of fiduciary duty by the Company's Board of Directors (the "Board"). Bridger, headquartered in Belgrade, MT, operates as an aerial firefighting company, providing aerial wildfire surveillance, relief and suppression, and aerial firefighting services using next-generation technology and environmentally friendly and sustainable firefighting methods. Newman Ferrara's investigation focuses on decisions made by the Board, without shareholder approval, the result of which significant