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Bowman Consulting Group Ltd

Bowman Consulting Group Ltd

BWMN
$42.42USD↓-0.21%-0.09 today

MARKET CAP

735.3M

P/E (TTM)

106.3x

FWD P/E

27.1x

DAY RANGE

$42 – $43

52W RANGE

$25
$46

AI Summary

Stalk
Sell NowHigh

Stage 4 decline remains intact, with decisive support failure and bearish EMAs alignment reinforcing medium-term sell-side bias. Short-term price is extended below key EMAs with continuing downside momentum, so selling into rallies around the EMAs is preferred. Long-term uptrend remains intact but not actionable within this downtrend. Overall posture: Sell now into resistance zones, deferring any bullish engagement until structural support is regained.

  • ↑Q2 gross contract revenue rose 19.7% YoY to $146.1M; backlog up 50.3% to $658.7M.
  • ↑Acquisition at $43/share implies 58% premium, offering downside protection.
  • ↓Trailing net margin only 2%, net income fell from $6M to $2.5M.
Full analysis →

The case for & against

Bull & Bear analysis

Bearish

Bowman Consulting Group (NASDAQ:BWMN) is a leading provider of professional engineering services across various sectors. The company resides within the infrastructure strategy and services industry, with a strong focus on project management, environmental consulting, and other engineering disciplines. Bowman's proactive approach towards securing an extensive backlog of projects positions it distinctly in the market. The recent acquisition by Bernhard Capital Partners significantly shapes its strategic direction and potential growth while transforming it into a private entity.

Bull says

  • ↑Q2 gross contract revenue rose 19.7% YoY to $146.1M; backlog up 50.3% to $658.7M.
  • ↑Acquisition at $43/share implies 58% premium, offering downside protection.
  • ↑Adjusted EBITDA grew 19.2% to $24.1M with an 18.7% margin.
  • ↑Infrastructure spending tailwind aligns with Bowman’s robust project pipeline.
  • ↑Positive growth momentum and backlog visibility support future earnings revisions.

Bear says

  • ↓Trailing net margin only 2%, net income fell from $6M to $2.5M.
  • ↓Stock trades at 72.3x PE, risking overvaluation amid lean earnings.
  • ↓High share‐price volatility indicates unpredictable performance.
  • ↓Low institutional ownership reflects skepticism on long-term growth.
  • ↓Profitability risk elevated as revenue growth outpaces earnings.

Earnings Call · Q1 2025 · Mgmt. Guidance

Updated 05-22-2026bullish

Transcript signals

Bull points

  • Overall, the first quarter was a continuation of the momentum we saw building over the course of the second half of 2024. We had another quarter of exceptional new order activity in Q1. Net service billing grew by almost 17%, just surpassing $100 million.
  • We also more than doubled organic revenue growth from what we reported in Q1 of last year. Importantly, our record bookings during the quarter were well balanced across all our markets, which resulted in roughly a 27% year-over-year increase in backlog to almost $419 million, which is $20 million over Q4.
  • we remain optimistic and we're reaffirming our full year guidance of net revenues in the range of 428 to 440 million, with adjusted EBITDA between 70 and 76 million. This would put us in the top tier of peer performance on an organic growth and margin basis.

Bear points

  • 1.7 million, it is not where we want to be or expect to be, although it is a significant improvement over last year.
Read full transcript analysis ›