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Barnwell ( (BRN) ) just unveiled an announcement.
On November 24, 2025, Barnwell Industries, Inc. announced a private placement agreement with investors, including board members, to issue approximately 2.2 million shares of common stock and warrants, expecting to raise around $2.4 million. This move is part of Barnwell’s strategic repositioning to enhance profitability and shareholder value, following its exit from the water well drilling business and closure of its Hawaii headquarters. The transaction, led by Bradley Radoff, also involves appointing Joshua Schechter to the board, aiming to strengthen Barnwell’s balance sheet and support its focus on high-return investments.
The most recent analyst rating on (BRN) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Barnwell stock, see the BRN Stock Forecast page.
Spark’s Take on BRN Stock
According to Spark, TipRanks’ AI Analyst, BRN is a Neutral.
Barnwell’s overall stock score reflects significant financial challenges, with declining revenues and profitability being the most impactful factors. Technical analysis provides some short-term positive signals, but valuation remains unattractive due to negative earnings and lack of dividends. Strategic improvements are necessary to enhance financial performance and investor appeal.
To see Spark’s full report on BRN stock, click here.
More about Barnwell
Barnwell Industries, Inc. is a diversified company with operations and interests in energy and related assets, focusing on disciplined capital allocation, operational excellence, and high-return growth opportunities.
Average Trading Volume: 52,222
Technical Sentiment Signal: Sell
Current Market Cap: $12.19M
For detailed information about BRN stock, go to TipRanks’ Stock Analysis page.