BAER Stock Summary and Trading Ideas (Bridger Aerospace Group Holdings | NASDAQ:BAER)

Bridger Aerospace Group Holdings Inc operates as an aerial firefighting company. It provides aerial wildfire surveillance, relief and suppression, and aerial firefighting services using next-generation technology and environmentally friendly and sustainable firefighting methods. Bridger Aerospace provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service, across the nation. The company's portfolio is organized across two offerings: Fire Suppression, which Consists of deploying specialized Viking CL-415EAF ("Super Scooper") aircraft to drop large amounts of water quickly and directly on wildfires, and Aerial Surveillance, providing aerial surveillance via manned aircraft for fire suppression aircraft.

Bridger Aerospace Group Holdings trades on the NASDAQ stock market under the symbol BAER.

As of January 27, 2025, BAER stock price declined to $2.84 with 482,220 million shares trading.

BAER has a beta of 1.44, meaning it tends to be more sensitive to market movements. BAER has a correlation of 0.04 to the broad based SPY ETF.

BAER has a market cap of $153.89 million. This is considered a Micro Cap stock.

Last quarter Bridger Aerospace Group Holdings reported $65 million in Revenue and $.31 earnings per share. This beat revenue expectation by $7 million and missed earnings estimates by -$.15.

The top ETF exchange traded funds that BAER belongs to (by Net Assets): VTI, VXF, IWN, VTWO, IWC.

BAER has underperformed the market in the last year with a price return of -52.9% while the SPY ETF gained +24.4%. BAER has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -17.7% and -13.8%, respectively, while the SPY returned +3.9% and +3.1%, respectively.

BAER support price is $2.76 and resistance is $3.39 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BAER shares will trade within this expected range on the day.