BAER (BAER): a likely value trap?
Avoid — a cash-strapped, heavily indebted micro-cap betting its whole year on a good wildfire season that hasn't materialized yet.
Down 84% from its all-time high of $12.44 — now $1.94
Why BAER dropped
Q1 2026 revenue fell 46% and net loss doubled to $31.3M as cash dropped to $9M, though management says this was seasonal/comparison-driven and reiterated full-year guidance of $135-145M revenue.
Fwd P/E —Op margin -296.2%Rev growth -45.6%Debt/equity 738.0%Analyst upside 112.2%
How this scored 17/100 ❌ fails 4 hard checks
❌ Fails 4 hard checks — these are pass/fail and override the score entirely.
Makes money
not profitable (and no credible path to profit)
Generates cash
burns cash (free cash flow $-61M)
Not drowning in debt
too much debt (738% of equity)
Can pay its bills
can't cover 12 months of bills (current ratio 0.90)
Bar length shows how much each metric is worth — a 10-point metric is twice as wide as a 5-point one. Hover any row for what it means.
Profitability
Does it actually make money?
0/25
Operating margin
-296.2%
0/9
Net profit margin
-10.0%
0/8
Return on equity
-31.6%
0/8
Growth
Is it getting bigger, or dying?
5/25
Revenue growth
-45.6%
0/9
Earnings growth
unknown
2/8
Expected profit change
unknown
2/8
Value
Is it cheap right now?
12/25
Forward P/E
unknown
3/10
PEG ratio
unknown
2/8
Analyst target upside
112.2%
7/7
Balance sheet
Will it survive?
0/25
Debt / equity
738.0%
0/10
Current ratio
0.9
0/8
Free cash flow
$-61M
0/7
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Analysis generated by SmartStonks's AI from public fundamentals and news, first flagged 2026-07-20. Research only — not financial advice.