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Nov 5, 2025 4:10 AM

Why Did Babcock & Wilcox Stock Jump Nearly 32% In Afterhours Trading?

Babcock & Wilcox Enterprises Inc. (NYSE:BW) shares jumped 31.82% to $4.93 in the after-hours session on Tuesday. The company closed regular trading at $3.74.

B&W released four announcements on Tuesday: a $1.5 billion AI data center contract with Applied Digital Corp. (NASDAQ:APLD), third-quarter earnings results, the $29 million sale of the Allen-Sherman-Hoff business, and plans to redeem all remaining February 2026 bonds.

Check out the current price of BW stock here.

According to Benzinga Pro data, BW closed regular trading at $3.74, down $0.18 or 4.59%.

One Gigawatt Power Generation Deal

Babcock & Wilcox signed a limited notice to proceed with Applied Digital to supply and install natural gas technology capable of generating one gigawatt of energy for an AI data center project. The company will design and build four 300-megawatt natural gas-fired power plants featuring proven boilers and steam turbines. Operations are expected to begin in 2028, with the full contract expected to be finalized in the first ...