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AKRON, Ohio - Babcock & Wilcox Enterprises, Inc. (NYSE:BW) has regained compliance with the New York Stock Exchange’s continued listing standards, according to a company statement issued Wednesday.
The power and environmental products provider received written confirmation from the NYSE on September 2 that its average stock price for the 30-trading days ended August 29, 2025, exceeded the exchange’s minimum requirement of $1 per share. According to InvestingPro data, the stock has demonstrated strong momentum with a 31.5% gain in the past week alone.
The company’s common stock will continue to be traded on the NYSE, subject to ongoing compliance with all applicable listing standards.
Babcock & Wilcox, headquartered in Akron, Ohio, had previously faced delisting concerns due to its share price falling below the NYSE’s minimum threshold. The exchange requires listed companies to maintain an average closing share price of at least $1 over a consecutive 30-trading-day period.
The announcement comes amid financial challenges for the company. In its annual report for the year ended December 31, 2024, Babcock & Wilcox had disclosed substantial doubt about its ability to continue as a going concern, noting the need for additional financing.
The company describes itself as a leader in energy and environmental products and services for power and industrial markets worldwide, according to the press release statement. With annual revenue of $724.9 million, the company currently trades near its InvestingPro Fair Value, suggesting balanced market pricing despite operational challenges.
In other recent news, Babcock & Wilcox Enterprises reported a larger-than-expected loss for the second quarter of 2025. The company posted earnings per share of -$0.63, which was significantly below the forecasted -$0.07. Revenue for the quarter was $144.1 million, also falling short of the expected $182.07 million. Additionally, DA Davidson raised its price target for Babcock & Wilcox from $1.00 to $1.50, while maintaining a Neutral rating. This adjustment reflects recent divestiture activities and other measures aimed at improving the company’s capital position, such as extending debt maturities. These developments are part of the company’s ongoing efforts to stabilize its financial standing. Investors are closely monitoring these actions to assess their impact on the company’s future performance.
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