BWX Technologies, Inc.: Wells Fargo raises to equal weight from underweight

Wells Fargo analyst David Strauss has adjusted his rating for BWX Technologies, Inc. (BWXT), moving from "Underweight" to "Equal Weight," with a price target of $200.00, as of April 1, 2026. This change reflects a more neutral stance on the stock, which had previously been viewed as overvalued. The adjustment comes amid a range of analyst opinions, including a recent "Buy" rating from B of A Securities, which raised its price target to $250.00 on March 25, 2026.

BWXT operates in two segments: Government Operations and Commercial Operations. The Government segment, which accounts for the majority of revenue, provides naval nuclear reactors and fuel for the U.S. Naval Nuclear Propulsion Program. The Commercial segment focuses on nuclear steam generators, heat exchangers, and other equipment.

Analysts have offered a wide range of one-year price targets, averaging $230.53, with estimates ranging from $200.00 to $290.00. The average brokerage recommendation currently stands at 2.1, indicating an "Outperform" rating. Meanwhile, GuruFocus estimates a fair value of $149.48 for BWXT, suggesting a potential downside from the current price.