- Bowman Consulting (BWMN, Financial) has strategically acquired e3i Engineers, aiming to bolster its data center design and energy infrastructure capabilities.
- Analyst projections suggest a potential upside of 18.76% for Bowman Consulting stock with an average price target of $34.00.
- The GF Value estimate indicates a 17.64% potential rise from the current stock price, reflecting promising growth expectations.
Bowman Consulting (BWMN) has recently executed a strategic acquisition of e3i Engineers, a move that is set to significantly enhance its offerings in the domains of data center design and energy infrastructure. This acquisition, financed through a combination of cash and notes, is projected to elevate Bowman's service billing rate by $2.0 million annually, thereby reinforcing its engineering service capabilities.
Wall Street Analysts Forecast
According to the projections from six analysts, the average one-year price target for Bowman Consulting Group Ltd (BWMN, Financial) stands at $34.00. This includes a high estimate of $43.00 and a low of $28.00. The average target price indicates a potential upside of 18.76% from the current trading price of $28.63. For more comprehensive forecasts, visit the Bowman Consulting Group Ltd (BWMN) Forecast page.
Consensus from six brokerage firms classifies Bowman Consulting Group Ltd's (BWMN, Financial) stock with an average recommendation of 1.7, suggesting an "Outperform" rating. On the rating scale, 1 signifies a Strong Buy, while 5 represents a Sell.
GF Value Estimation
GuruFocus estimates the GF Value for Bowman Consulting Group Ltd (BWMN, Financial) in one year to be $33.68. This estimate suggests a potential upside of 17.64% from the current price of $28.63. GF Value represents GuruFocus' determination of the stock's fair trading value, based on historical trading multiples, past business growth, and future performance projections. For detailed valuation data, visit the Bowman Consulting Group Ltd (BWMN) Summary page.
