Why Is BRIGHTVIEW HLDGS INC (BV) Stock Down Today?

BrightView Holdings (BV) shares fell 13.65% to $9.87, driven by a sharp decline in development services revenue and lowered price targets from major analysts. The company reported that its Development Services revenue dropped approximately 17.8% in the fourth quarter of fiscal 2026, a weakness that outweighed growth in its land maintenance business.

What Happened

The primary driver of the sell-off was the company's fourth-quarter earnings release, which highlighted a significant shortfall in its development segment. Management outlined its fiscal 2027 plan, guiding for total revenue between $2.535 billion and $2.72 billion. Within that guidance, development revenue is expected to decline by about 10% at the midpoint, while land growth is projected at 3% to 4%. Adjusted free cash flow is estimated to range from $110 million to $130 million, with adjusted EBITDA margins expected to expand by 110 basis points.

Following the results, BTIG lowered its price target for the stock to $12 from $15. Morgan Stanley also cut its target, reducing it to $10 from $11.50. Baird maintained its Outperform rating but lowered its price target to $12. Additionally, SueWallSt notified investors of a pending investigation into the company, a development that coincided with the stock opening to a near 15% decline.

What The Data Shows

The stock's market capitalization stands at $1.1 billion. The company is currently unprofitable, with a trailing twelve-month EPS of negative $0.24 and a net margin of 0.7%. Revenue grew 1.5% over the trailing twelve months. The stock has a beta of 1.14 and trades within a 52-week range of $9.81 to $15.00. Over the last eight sessions prior to this move, the stock had declined 2.9%, moving from $11.77 to $11.43. The 52-week tape recorded three fresh 52-week highs and three fresh 52-week lows on November 11, 2026.

What To Watch

Investors will monitor the company's execution against its fiscal 2027 guidance, particularly the anticipated decline in development revenue and the expansion in adjusted EBITDA margins. Coverage of the stock remains active, with 18 stories published from 10 sources in the last 36 hours.