DMC Global Inc. (BOOM) reported a sharp year-over-year improvement in $157.0 million of second-quarter 2026 revenue, well above the $149.1 million estimate. Gross profit jumped to $34.4 million, while operating profit rose to $5.2 million, showing better operating leverage as sales accelerated.
The company also beat expectations on earnings, posting diluted EPS of $0.10 versus a forecast loss. Net income attributable to common shareholders was $507,000, slightly lower than a year ago, but still positive. Cost of sales increased to $122.6 million as the business scaled up.
Cash flow remained under pressure, with operating cash flow at -$8.0 million and capital spending at -$1.3 million. Even so, cash and cash equivalents climbed to $28.6 million, while total liabilities increased to $225.2 million.
- Revenue: $157.0 million
- Gross profit: $34.4 million
- Operating profit: $5.2 million
- Diluted EPS: $0.10
- Stock reaction: up 17.34% after the close
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
DMC Global Inc. Hedge Fund Activity
We have seen 57 institutional investors add shares of DMC Global Inc. stock to their portfolio, and 50 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- COOKE & BIELER LP removed 1,240,575 shares (-62.4%) from their portfolio in Q1 2026, for an estimated $6,463,395
- STEEL PARTNERS HOLDINGS L.P. removed 778,598 shares (-39.5%) from their portfolio in Q1 2026, for an estimated $4,056,495
- FEDERATED HERMES, INC. removed 254,777 shares (-42.4%) from their portfolio in Q1 2026, for an estimated $1,327,388
- MACKENZIE FINANCIAL CORP added 231,372 shares (+80.4%) to their portfolio in Q1 2026, for an estimated $1,205,448
- PRUDENTIAL FINANCIAL INC removed 166,060 shares (-47.7%) from their portfolio in Q1 2026, for an estimated $865,172
- PACIFIC RIDGE CAPITAL PARTNERS, LLC added 161,482 shares (+25.1%) to their portfolio in Q1 2026, for an estimated $841,321
- GENDELL JEFFREY L added 100,484 shares (+11.1%) to their portfolio in Q1 2026, for an estimated $523,521
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
DMC Global Inc. Price Targets
Multiple analysts have issued price targets for $BOOM recently. We have seen 2 analysts offer price targets for $BOOM in the last 6 months, with a median target of $8.5.
Here are some recent targets:
- Stephen Gengaro from Stifel set a target price of $7.0 on 03/03/2026
- Gerry Sweeney from Roth Capital set a target price of $10.0 on 02/25/2026
