BofA Raises BWX Technologies (BWXT)'s Price Target

BWX Technologies, Inc. (NYSE:BWXT) is among the 10 Best Space Exploration Stocks to Buy Now. BofA maintained its Buy rating on BWX Technologies, Inc. (NYSE:BWXT) shares and lifted the firm’s price objective from $155 to $220 on August 13. According to the analyst, BWX Technologies, Inc. (NYSE:BWXT) is “uniquely positioned to support deployment of military and space nuclear power,” and its naval nuclear power units are still in high demand.

BWX Technologies, Inc. (NYSE:BWXT) is a nuclear component manufacturer and service provider with two business segments: government operations and commercial operations. The U.S. Naval Nuclear Propulsion Program’s naval nuclear reactors and fuel are manufactured by the Government Operations segment. The Commercial Operations segment designs and manufactures commercial nuclear steam generators, heat exchangers, pressure vessels, reactor components, and other auxiliary equipment, such as containers for the storage of spent nuclear fuel and other high-level nuclear waste. The company primarily sells in the US, Canada, and other countries, and Government Operations accounts for the majority of its revenue. It is one of the Best Space Stocks.

While we acknowledge the potential of BWXT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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