Bowman Consulting Group Ltd., a consulting company, provides a range of real estate, energy, infrastructure, and environmental management solutions in the United States. It offers civil and site engineering services, such as conceptual land planning, environmental consulting and permitting, planning/zoning and entitlements, roadway and highway designs, erosion and sediment designs, stormwater management designs, construction administration, traffic studies, floodplain studies, and utility relocation designs; and commissioning and energy efficiency services comprise construction observation, direct systems functional performance testing, system development readiness checklist, post occupancy review, review of construction documents, deferred/seasonal functional testing, final commissioning report, and commissioning review of submittals. The company also provides construction management services, including constructability review, value engineering, budgeting and cost estimating, interagency and utility coordination, onsite observation and report evaluation, public communication and outreach, and resident engineer services, as well as bid solicitation, documentation, and preparation services; and environmental consulting services consisting of wetlands and waters of the U.S. delineations, natural resources inventories, wildlife and vegetation surveys, threatened and endangered species surveys, endangered species conservation and management, wetland creation and enhancement design, NEPA documentation, section 404/401 permitting and compliance, NPDES permitting, and phase I environmental site assessment. In addition, it offers landscape architecture, land procurement and right-of-way acquisition, structural engineering, surveying and geospatial engineering, and transportation and water resources engineering services, as well as mechanical, electrical, and plumbing engineering services. The company was incorporated in 1995 and is headquartered in Reston, Virginia.
IPO Year: 2021
Exchange: NASDAQ
Website: bowman.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/3/2024 | $37.00 | Outperform | Robert W. Baird |
| 5/24/2024 | $36.50 | Buy | BofA Securities |
| 12/8/2023 | $45.00 | Buy | ROTH MKM |
| 9/5/2023 | $46.00 | Buy | Craig Hallum |
| 11/12/2021 | $19.00 → $22.00 | Buy | B. Riley Securities |
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RESTON, Va., July 14, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ:BWMN), a national engineering services and project management firm, today announced the launch of a $25 million innovation investment initiative designed to accelerate organic growth and expand margins by scaling technology-enabled services. The Bowman Innovative Growth Fund ("the BIG Fund" or the "Fund") will invest in technologies that expand Bowman's digital service offerings, strengthen core operations and enhance financial performance through automation, artificial intelligence and predictive engineering. Prioritizing innovation over invention, the BIG Fund is intended to unlock scalable ideas generat
RESTON, Va., July 11, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ:BWMN), a national engineering services and project management firm, today announced that it will release financial results for the second quarter 2025 after the U.S. financial markets close on Wednesday, August 6, 2025. The Company will host a webcast to discuss its second quarter results at 9:00 a.m. ET on Thursday, August 7, 2025. Bowman founder and CEO, Gary Bowman and Chief Financial Officer, Bruce Labovitz will host the call. Webcast To attend the live webcast, please visit the Bowman Investor Relations website at investors.bowman.com or click here. A replay of the webcast will also be available foll
RESTON, Va., July 10, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ:BWMN), a national engineering services and program management firm, has been selected by the U.S. Geological Survey (USGS) along with Colorado-based Merrick & Company to lead aerial lidar data collection in support of its 3D Elevation Program (3DEP), marking the latest in a series of federal task orders awarded under the multi-year Geospatial Products and Services Contract (GPSC4). 3DEP is a federal initiative to create the first-ever national baseline of high-resolution, three-dimensional topographic data to support climate resilience, infrastructure planning and emergency response. This latest task order
RESTON, Va., July 02, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ:BWMN), a national engineering services and project management firm, today announced it has entered into a definitive purchase agreement to acquire e3i Engineers, a Boston, Massachusetts-based firm specializing in the design of data centers, energy infrastructure and emerging technology applications. The acquisition enhances Bowman's ability to support clients with increasingly complex inside-the-data-center engineering needs, building on its existing strength in site planning, civil design and utility infrastructure. e3i Engineers has built a solid reputation over the past decade for its work supporting da
RESTON, Va., June 25, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ:BWMN), a national engineering services and program management firm, was awarded a continuation contract to provide aerial acquisition and orthoimagery services under a new Phase II contract for the National Resource Inventory (NRI) program. The work is to be performed under contract with the Farm Production and Conservation of the United States Department of Agriculture (USDA-FPAC). Building on the completion of the initial task order in 2024, Bowman is supporting most of the program's data collection efforts covering roughly 11.2 million acres across the United States. The USDA's NRI program assesses the
RESTON, Va., June 18, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ:BWMN), a national engineering services and program management firm, has been selected as the lead engineer for a $24 million municipal water system upgrade in the Town of Del Norte, Colorado—the town's largest water infrastructure project to date. Under a $1.5 million contract, Bowman will deliver full design, construction administration and inspection services. The win builds on a decade-long relationship between Bowman and Del Norte. The firm has supported nearly ten local initiatives over the years, including roadway improvements, a downtown beautification initiative and is now involved in early plannin
RESTON, Va., June 06, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ:BWMN) ("Bowman" or the "Company"), a national provider of technical engineering and program management services, today announced the authorization by its Board of Directors of a new share repurchase program under which the Company may repurchase up to $25 million of its common stock over the next 12 months commencing June 9, 2025. This new authorization replaces the Company's stock repurchase authorization, which terminates on June 6, 2025. Bowman intends to continue to prioritize organic and acquisitive growth as part of its strategic growth initiatives. The timing and amount of any share repurchases will
RESTON, Va., June 05, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ:BWMN), a national engineering services and program management firm, will ring the Nasdaq Stock Market opening bell on June 9, 2025, commemorating its 30th anniversary. Founder and CEO, Gary Bowman, alongside members of the Company's leadership team and employees, will participate in the ceremonial bell ringing at the Nasdaq MarketSite in Times Square. The event recognizes a milestone year for the Company and highlights its three-decade evolution as a trusted provider of innovative engineering services for the built environment. "Thirty years ago, Bowman was a small civil engineering firm with a handful of
RESTON, Va., May 27, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ:BWMN), a national provider of engineering services and program management, announced the results of its 2025 Annual Meeting of Stockholders held on May 24, 2025. Gary Bowman and Stephen Riddick were each re-elected as directors to serve three-year terms expiring at the 2028 Annual Meeting of Stockholders. The Company also announced the decision of the Board of Directors to separate the chairman and chief executive roles and realign certain committee assignments. The Board of Directors elected James Laurito, an independent director and chair of the Compensation Committee, to serve as Chair of the Board. Gary
RESTON, Va., May 22, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ:BWMN), a national engineering services and program management firm, announced it will participate in the following June investor conferences: Stifel 2025 Cross Sector 1x1 Conference, held June 3-4 in Boston, MA15th Annual ROTH London Conference, held June 24-26 in London, UK About Bowman Consulting Group Ltd.Headquartered in Reston, Virginia, Bowman is a national engineering services firm delivering infrastructure, technology and project management solutions to customers who own, develop and maintain the built environment. With over 2,300 employees in more than 100 locations throughout the United States, B
Robert W. Baird initiated coverage of Bowman Consulting Group with a rating of Outperform and set a new price target of $37.00
BofA Securities initiated coverage of Bowman Consulting Group with a rating of Buy and set a new price target of $36.50
ROTH MKM initiated coverage of Bowman Consulting Group with a rating of Buy and set a new price target of $45.00
Craig Hallum initiated coverage of Bowman Consulting Group with a rating of Buy and set a new price target of $46.00
B. Riley Securities reiterated coverage of Bowman Consulting Group with a rating of Buy and set a new price target of $22.00 from $19.00 previously
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RESTON, Va., May 27, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ:BWMN), a national provider of engineering services and program management, announced the results of its 2025 Annual Meeting of Stockholders held on May 24, 2025. Gary Bowman and Stephen Riddick were each re-elected as directors to serve three-year terms expiring at the 2028 Annual Meeting of Stockholders. The Company also announced the decision of the Board of Directors to separate the chairman and chief executive roles and realign certain committee assignments. The Board of Directors elected James Laurito, an independent director and chair of the Compensation Committee, to serve as Chair of the Board. Gary
Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ:BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, has appointed Gabriel Secrest, PE, to vice president of mining and west regional manager. He's succeeding Kent Lang, who is retiring after a distinguished career. Gabriel brings 18 years of experience in all facets of mining project development and execution, including project management, engineering management, risk management, on-site construction management, feasibility studies and mechanical engineering. His ability to proactively manage large-scale domestic and international proje
Bowman Consulting Group Ltd. (the "Company" or "Bowman") (NASDAQ:BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of Moore Consulting Engineers ("Moore"), a mechanical, electrical, plumbing, and fire protection ("MEP/FP") engineering firm based in Shamong, New Jersey. Moore provides comprehensive MEP/FP engineering services to private and public sector clients throughout the United States. Founded in 2003 by current president Jeffrey Moore, PE, LEED AP, the firm provides specialized and generalized expertise in the areas of heating, ventilation, and air systems
Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ:BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, proudly announces the appointment of David Stickles, RPLS, PSM, PLS, as director of business development, geospatial survey. Stickles brings to Bowman over three decades of experience working with transportation departments and highway administrations, including the Florida Department of Transportation (FDOT), the Maryland State Highway Administration and the Maryland Port Administration. Based out of Bowman's Plano, TX office, he will focus on securing government and public sector con
Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ:BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, proudly announces the appointment of Dan Brewer, PE, to principal, regional manager, Carolinas' operations. Operating from Bowman's Charlotte, NC, office, Brewer will oversee operations across four key offices—Charlotte, Raleigh, Charleston and Columbia—with a focus on driving growth and development across the region. With a career spanning nearly 40 years in civil engineering, geotechnical engineering and land development, Brewer will leverage his proven processes and strong reputatio
Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ:BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, proudly announces the appointment of Mark Borushko as senior vice president, West. In this role, Borushko will spearhead the expansion of Bowman's comprehensive services across the Western United States while capitalizing on emerging opportunities in the private and public sectors. Operating from Bowman's Mesa, AZ, office, Borushko brings a proven track record of leading regional and national teams to achieve top-line revenue goals. He possesses expertise in operational management, str
Bowman Consulting Group Ltd. (the "Company" or "Bowman") (NASDAQ:BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of Trudell Consulting Engineers and its wholly owned Vermont Underground Locators subsidiary (collectively "TCE"), a multi-disciplinary engineering firm located just outside Burlington in Williston, Vermont. Founded in 1975, TCE works with both public and private clients across multiple sectors. Led by current CEO and president Jeremy Matosky, PE, the firm provides civil engineering, landscape architecture, land surveying, utility locating and environ
Bowman Consulting Group Ltd. (the "Company" or "Bowman") (NASDAQ:BWMN), today announced the acquisition of Davis, California based Blankinship & Associates ("Blankinship"). Blankinship, an environmental sciences and engineering firm, specializes in providing water resources services, natural resource management services, permitting and compliance services, and specialized training. Established in 2000 by current president Mike Blankinship, the firm serves both public and private sector clients providing solutions to complex environmental and natural resources challenges that intersect the built environment and natural resources. Blankinship's staff of professionals will all become Bowman em
Bowman Consulting Group Ltd. (the "Company" or "Bowman") (NASDAQ:BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, announced the appointment of Lance Hendrix, PE, to the newly created position of Chief Revenue Officer (CRO). "Lance's experience and impressive track record in the engineering and construction industry, along with his strategic vision, align him perfectly with our strategic organic growth initiatives," said Gary Bowman, chairman and CEO of Bowman. "His ability to facilitate collaboration and promote a culture of selling will accelerate our efforts to secure profitable new business
Bowman Consulting Group Ltd. (the "Company" or "Bowman") (NASDAQ:BWMN) is pleased to announce the opening of an office in Nashville, TN, marking the Company's inaugural location in the state. In connection with the expansion, Bowman has appointed Matthew Hamby, PE as Nashville branch manager to lead local operations and growth in the area. Establishing an office in Nashville builds upon Bowman's successful track record of serving national clients in the area. The new location strategically connects Bowman's existing offices and allows the company to tap into additional revenue streams and leverage local talent. By capitalizing on these resources, Bowman aims to enhance its service offerin
Record new orders reinforce continued confidence in full year guidance Bowman Consulting Group Ltd. (NASDAQ:BWMN), a national engineering services and program management firm, today announced financial results for the quarter ended March 31, 2025. First Quarter 2025 Compared to First Quarter 2024 Financial Results: Gross contract revenue of $112.9 million compared to $94.9 million, a 19.0% increase Net service billing1 of $100.1 million compared to $85.7 million, a 16.8% increase Organic net service billing2 growth of 6% compared to 3% Net loss of $1.7 million compared to a net loss of $1.6 million Adjusted EBITDA1 of $14.5 million compared to $12.1 million, a 19.6% increase
Bowman Consulting Group Ltd. (the "Company" or "Bowman") (NASDAQ:BWMN), a national engineering services firm delivering infrastructure design solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of Redmond, Washington based FCS Group ("FCS"). FCS is a professional services firm focused on addressing the financial, management and economic challenges facing public sector entities including utilities, state and local governments, regional agencies and public safety organizations. Led by current President and Principal John Ghilarducci, FCS specializes in utility rate and fee advisory services along with utility management, financial and e
Bowman Consulting Group Ltd. (the "Company" or "Bowman") (NASDAQ:BWMN), a national engineering services firm delivering infrastructure design solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of Element Engineering LLC ("Element"), a civil, water and wastewater engineering services firm based in Lakewood, Colorado. Element serves rural communities and specialty districts throughout the Rocky Mountain West and Midwest. The firm delivers a comprehensive suite of professional, innovative, and cost-effective engineering solutions to its clients. Working with primarily municipal clients, Element strives to meet each client's unique ass
Bowman Consulting Group Ltd. (NASDAQ:BWMN) ("Bowman" or the "Company"), a national engineering and infrastructure services firm supporting owners and developers of the built environment, today released financial results for the three months ended March 31, 2024. "The first quarter delivered the revenue rebound we were expecting," said Gary Bowman, Chairman and CEO of Bowman. "Net service billing increased consecutively each month during the quarter in line with our expectations. Demand for engineering services remains strong and we generated healthy new orders during the quarter, especially in transportation which showed a meaningful increase as a percentage of total backlog. With the bul
Bowman Consulting Group Ltd. ("Bowman" or "the Company") (NASDAQ:BWMN), today announced it entered into a $100 million aggregate revolving credit agreement with Bank of America, N.A, as Administrative Agent, and TD Bank, N.A., as Syndication Agent (the "Credit Agreement"). With a five-year term, the Credit Agreement replaces the Company's $70 million revolving line of credit with Bank of America. The general provisions of the Credit Agreement are similar to the predecessor credit facility. "This expanded credit facility reflects our long-term partnership with Bank of America and adds a new relationship in TD Bank," said Gary Bowman, Chief Executive Officer. "The new facility further secur
Bowman Consulting Group Ltd. (the "Company" or "Bowman") (NASDAQ:BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today issued additional commentary regarding its February 16, 2024 pre-release of 2023 non-GAAP financial metrics (the "Pre-Release") and announced the acquisition of Speece Lewis Engineers ("Speece Lewis"), a transportation, bridge design, surveying, and hydraulics focused engineering firm based in Lincoln, Nebraska. Additional Commentary Regarding 2023 Pre-Release The Company noted that it was not withdrawing its 2024 guidance in connection with the Pre-Release announcement bu
Bowman Consulting Group Ltd. ("Bowman" or the "Company") (NASDAQ:BWMN), today announced the scheduling of its 2023 earnings release and investor conference call along with preliminary results for fiscal 2023 Net Service Billing and Adjusted EBITDA, both non-GAAP financial measures. The Company will release its financial results for the fourth quarter and full year 2023 after the U.S. financial markets close on Monday, March 11, 2024. The Company will host a webcast to discuss its fourth quarter and full year results at 9:00 a.m. ET on Tuesday, March 12, 2024. Bowman Chairman and CEO, Gary Bowman and Chief Financial Officer, Bruce Labovitz will host the call followed by a question-and-answ
Bowman Consulting Group Ltd. (the "Company" or "Bowman") (NASDAQ:BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of Hess-Rountree, Inc. ("Hess-Rountree"), a full-service engineering firm headquartered in Phoenix, Arizona. With an emphasis on renewable energy, educational and sports facilities projects, Hess-Rountree provides comprehensive civil engineering, land surveying, contract administration, 3D laser scanning, UAV aerial mapping and photography and as-built BIM modelling services to a range of clients. All Hess-Rountree employees have joined Bowman in co
Bowman Consulting Group Ltd. (the "Company" or "Bowman") (NASDAQ:BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of High Mesa Consulting Group ("High Mesa"), a multi-disciplinary consulting firm headquartered in Albuquerque, New Mexico. Founded in 1977, High Mesa provides land and UAV (drone) based surveying, mapping, and geospatial services; sub-surface utility infrastructure engineering, inspection, and mapping; civil engineering; and planning services throughout New Mexico, Eastern Arizona, and Southwestern Colorado. High Mesa is Bowman's tenth acquisition in
Bowman Consulting Group Ltd. (the "Company" or "Bowman") (NASDAQ:BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of CFA, Inc. ("CFA"), headquartered in Reno, Nevada. Founded in 1981, CFA provides a mix of civil engineering, planning, surveying, mapping, and remote sensing to a mix of public and private sector customers. CFA works on projects involving public works and utility infrastructure, traffic and transportation management, data centers, healthcare facilities, educational institutions, hospitality venues, and recreational complexes. The firm's staff of a