BWX Technologies (BWXT) Share Price Target Raised Following Earnings

We recently published 10 Best Performing Nuclear Energy Stocks According to Analysts. BWX Technologies, Inc. (NYSE:BWXT) is one of the best-performing nuclear energy stocks.

Nuclear power generation equipment manufacturer BWX Technologies, Inc. (NYSE:BWXT) reported its earnings on February 23rd, following which BTIG discussed the firm’s shares. It lifted the share price target to $235 from $225 and kept a Buy rating on the stock. BWX Technologies, Inc. (NYSE:BWXT)’s fiscal fourth quarter revenue of $885 million beat FactSet estimate of $837 million. As part of the results, the firm also revealed that during 2025, its backlog had jumped by 50% annually to sit at $7.3 billion.

Following the earnings, CNBC’s Jim Cramer discussed BWX Technologies, Inc. (NYSE:BWXT). He outlined that the firm benefited from simultaneously having exposure to the defense and nuclear industries. As a result, not only did the Pentagon’s rising defense budget help the firm, but the spurt in activity in the commercial nuclear industry was also beneficial, according to the television host. Ahead of the earnings, in late January, Seaport Global had also discussed BWX Technologies, Inc. (NYSE:BWXT). It downgraded the shares to Neutral from Buy.

BWX Technologies, Inc. (NYSE:BWXT) is a diversified nuclear products company that caters to the needs of the civilian and defense segments by selling products such as reactors and nuclear fuel.

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