May 27, 2026
Intermap (IMP) crashed over 40% on a setback in the Indonesian Mapping Program, where its technical scores and bid price were less competitive than expected - putting 2026 guidance and forward estimates at risk.
While a final decision hasn’t been made, investors are pricing in a lower probability of winning the $180M multi-year contract - cutting the multiple in half.
Disclaimer: Content on this site, including research reports, is provided by Bullpen Finance Inc. for informational purposes only and does not constitute investment advice. Bullpen Finance Inc. receives compensation from issuers for research coverage; such compensation does not influence opinions expressed. For complete disclosures, please see our Legal & Disclosures section.
