Bridger Aerospace Group (NASDAQ:BAER) Stock Gets Downgrade from Zacks Research

Posted by Geri Gentry on Oct 28th, 2026

Bridger Aerospace Group (NASDAQ:BAER – Get Free Report) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Monday, Zacks reports.

A number of other research analysts also recently issued reports on the company. Canaccord Genuity Group lowered their price target on Bridger Aerospace Group from $4.50 to $4.00 and set a “buy” rating on the stock in a report on Monday, August 10th. Weiss Ratings downgraded Bridger Aerospace Group from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, October 6th. Stifel Nicolaus set a $3.00 target price on Bridger Aerospace Group in a research report on Monday, August 10th. Lake Street Capital reissued a “buy” rating and issued a $4.00 target price on shares of Bridger Aerospace Group in a research report on Friday, August 7th. Finally, Wall Street Zen cut shares of Bridger Aerospace Group from a “hold” rating to a “sell” rating in a research note on Saturday. Three equities research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Bridger Aerospace Group presently has a consensus rating of “Hold” and a consensus price target of $3.67.

View Our Latest Report on Bridger Aerospace Group

Bridger Aerospace Group Trading Up 0.5%

BAER stock opened at $0.47 on Monday. The stock has a market capitalization of $26.00 million, a PE ratio of -0.55 and a beta of 0.36. Bridger Aerospace Group has a 12-month low of $0.46 and a 12-month high of $3.44. The stock’s 50 day simple moving average is $0.84 and its 200 day simple moving average is $1.80.

Bridger Aerospace Group (NASDAQ:BAER – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.10). The business had revenue of $30.49 million during the quarter, compared to analyst estimates of $37.04 million. On average, research analysts predict that Bridger Aerospace Group will post -0.64 earnings per share for the current year.

Insiders Place Their Bets

In other news, major shareholder Holdings I. L.P. Blackstone sold 2,778,124 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $1.04, for a total value of $2,889,248.96. Following the transaction, the insider directly owned 37,272 shares in the company, valued at $38,762.88. This trade represents a 98.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Jeffrey E. Kelter acquired 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was purchased at an average cost of $1.20 per share, with a total value of $120,000.00. Following the acquisition, the director directly owned 677,800 shares of the company’s stock, valued at $813,360. This trade represents a 17.31% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 16.36% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Penbrook Management LLC bought a new position in shares of Bridger Aerospace Group in the 3rd quarter worth approximately $58,000. Peterson Wealth Advisors LLC boosted its holdings in shares of Bridger Aerospace Group by 11.8% in the third quarter. Peterson Wealth Advisors LLC now owns 260,837 shares of the company’s stock worth $183,000 after buying an additional 27,514 shares during the last quarter. Corient Private Wealth LP purchased a new position in shares of Bridger Aerospace Group in the second quarter worth approximately $53,000. Bank of America Corp DE grew its position in Bridger Aerospace Group by 255,063.4% during the first quarter. Bank of America Corp DE now owns 104,617 shares of the company’s stock valued at $207,000 after buying an additional 104,576 shares during the period. Finally, BlackRock Inc. bought a new stake in Bridger Aerospace Group during the second quarter valued at approximately $560,000. Institutional investors own 48.94% of the company’s stock.

Bridger Aerospace Group Company Profile

(Get Free Report)

Bridger Aerospace Group Co is an aerial firefighting and wildfire management company based in Montana. The company provides aircraft, crews and related services to help government agencies and other customers detect, contain and suppress wildfires.

Its operations include aerial delivery of fire retardant and water, wildfire surveillance, intelligence and mapping, and other specialized aviation services. Bridger operates a fleet of aircraft designed for wildfire response and serves federal, state and local agencies, primarily in the United States.

The company became publicly traded on the Nasdaq following its business combination with Jack Creek Investment Corp.