Babcock & Wilcox Sells Ash Handling Business for $29M

An announcement from Babcock & Wilcox Company ( (BW) ) is now available.

On October 31, 2025, Babcock & Wilcox Enterprises, Inc. completed the sale of its ash handling business, Allen-Sherman-Hoff, to Andritz AG for approximately $29 million. The sale includes a non-compete agreement and positions Babcock & Wilcox as a sales representative for the ASH business. Additionally, the company announced a significant contract with Applied Digital to provide natural gas technology for an AI data center, marking a strategic expansion into the AI sector. The company also reported strong third-quarter financial results, with a 315% increase in operating income and a 56% increase in backlog, driven by growing demand for its services in the energy sector.

The most recent analyst rating on (BW) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on Babcock & Wilcox Company stock, see the BW Stock Forecast page.

Spark’s Take on BW Stock

According to Spark, TipRanks’ AI Analyst, BW is a Neutral.

Babcock & Wilcox Company shows potential for recovery and growth, driven by strong earnings call highlights, including debt reduction and backlog increase. However, significant financial challenges and a negative valuation score weigh down the overall score. Technical indicators suggest positive momentum, but financial instability remains a concern.

To see Spark’s full report on BW stock, click here.

More about Babcock & Wilcox Company

Babcock & Wilcox Enterprises, Inc. operates in the energy sector, focusing on providing reliable and efficient steam generation systems and natural gas technologies. The company is expanding its market focus to include AI data centers, leveraging its expertise in power generation to meet growing demands in this sector.

Average Trading Volume: 2,496,085

Technical Sentiment Signal: Hold

Current Market Cap: $396.3M

Find detailed analytics on BW stock on TipRanks’ Stock Analysis page.