Babcock & Wilcox Appoints New Board Member
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 11h ago
0mins
Source: Businesswire
- Board Expansion: Babcock & Wilcox has appointed Dr. Homaira Akbari to its Board of Directors, increasing the total number of members to seven, aimed at enhancing corporate governance and strategic decision-making.
- Diverse Experience: Dr. Akbari has served on the boards of over 25 public and private companies, bringing extensive international leadership experience in the energy and finance sectors, which can provide diverse perspectives and expertise to the company.
- Technical Expertise: Her deep knowledge in AI factories, data centers, and power generation systems will support Babcock & Wilcox's long-term value creation in carbon capture and environmental technologies.
- Educational Background: Dr. Akbari holds a Ph.D. in particle physics from Tufts University and an MBA from Carnegie Mellon University, further enhancing her leadership capabilities in technology and business.
Analyst Views on BW
Wall Street analysts forecast BW stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BW is 9.00 USD with a low forecast of 9.00 USD and a high forecast of 9.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 10.070
Low
9.00
Averages
9.00
High
9.00
Current: 10.070
Low
9.00
Averages
9.00
High
9.00
About BW
Babcock & Wilcox Enterprises, Inc. is a provider of renewable, environmental and thermal technologies for industrial, electrical utility, municipal and other customers. The Company operates through three segments: Babcock & Wilcox Renewable, Babcock & Wilcox Environmental, and Babcock & Wilcox Thermal. Its Babcock & Wilcox Renewable segment offers technologies for environmentally sustainable power and heat generation, including waste-to-energy, oxygen-fired biomass-to-energy and black liquor systems for the pulp and paper industry. Its Babcock & Wilcox Environmental segment provides emissions control and environmental technology solutions for utility, waste-to-energy, biomass-to-energy, carbon black, and industrial steam generation applications around the world. Its Babcock & Wilcox Thermal segment provides steam generation equipment, aftermarket parts, construction, maintenance and field services for plants in the power generation, oil and gas, and industrial sectors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
