BWXT Shares Drop 1.53% Despite $2.6B Navy Contract Ranked 455th in $260M Trading Volume as Bank of America Raises Target to $220

BWX Technologies (BWXT) closed August 13, 2025, with a 1.53% decline, trading at $174.98 despite a $2.6 billion Navy contract extending its backlog to $6.0 billion. The stock ranked 455th in trading volume with $0.26 billion exchanged. Bank of America raised its price target to $220 from $155, citing sustained demand for naval nuclear plants and expansion in small modular reactors (SMRs). Analysts highlighted BWX’s monopoly in military nuclear systems and its strategic position in upcoming space and defense programs.

Second-quarter results showed adjusted EPS of $1.02, surpassing estimates by 29.11%, and revenue of $764 million, exceeding forecasts. The company raised full-year guidance, projecting adjusted EPS of $3.65–$3.75 and $3.1 billion in sales. Management emphasized long-term visibility from Navy contracts and growth in commercial energy, while cautioning risks from government contract shifts.

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