BigBear.ai (NYSE:BBAI) Trading Up 7.9% – What’s Next?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s stock price rose 7.9% during mid-day trading on Friday . The company traded as high as $5.85 and last traded at $5.8250. Approximately 55,219,358 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 97,381,880 shares. The stock had previously closed at $5.40.

Analysts Set New Price Targets

A number of brokerages have weighed in on BBAI. Cantor Fitzgerald reiterated an “overweight” rating and issued a $7.00 target price on shares of BigBear.ai in a report on Tuesday, November 11th. Wall Street Zen raised shares of BigBear.ai from a “strong sell” rating to a “hold” rating in a research note on Saturday, November 15th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a research note on Wednesday, October 8th. Finally, HC Wainwright reissued a “buy” rating and set a $8.00 price objective on shares of BigBear.ai in a research report on Tuesday, November 11th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $6.33.

BigBear.ai Stock Performance

The stock has a market cap of $2.54 billion, a price-to-earnings ratio of -4.10 and a beta of 3.46. The company’s fifty day simple moving average is $6.15 and its two-hundred day simple moving average is $6.32. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.13 and a quick ratio of 3.13.

BigBear.ai (NYSE:BBAI) last posted its earnings results on Monday, November 10th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.01). BigBear.ai had a negative return on equity of 26.11% and a negative net margin of 274.70%.The business had revenue of $33.14 million for the quarter, compared to the consensus estimate of $31.82 million. During the same period in the previous year, the firm earned ($0.05) earnings per share. The company’s revenue was down 20.1% on a year-over-year basis. On average, analysts forecast that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current year.

Insider Activity at BigBear.ai

In other news, CFO Sean Raymond Ricker sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $7.06, for a total value of $35,300.00. Following the transaction, the chief financial officer owned 488,716 shares in the company, valued at $3,450,334.96. This trade represents a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dorothy D. Hayes sold 22,000 shares of the company’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $6.08, for a total value of $133,760.00. Following the sale, the director owned 236,150 shares of the company’s stock, valued at $1,435,792. This trade represents a 8.52% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On BigBear.ai

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Flaharty Asset Management LLC purchased a new stake in shares of BigBear.ai during the first quarter valued at approximately $26,000. CWM LLC increased its holdings in BigBear.ai by 237.5% during the third quarter. CWM LLC now owns 4,640 shares of the company’s stock worth $30,000 after buying an additional 3,265 shares during the last quarter. Hazlett Burt & Watson Inc. raised its position in BigBear.ai by 3,355.6% in the third quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock worth $32,000 after acquiring an additional 4,832 shares during the period. Nisa Investment Advisors LLC raised its position in BigBear.ai by 68.4% in the second quarter. Nisa Investment Advisors LLC now owns 6,222 shares of the company’s stock worth $42,000 after acquiring an additional 2,527 shares during the period. Finally, Hantz Financial Services Inc. boosted its stake in BigBear.ai by 2,242.9% in the third quarter. Hantz Financial Services Inc. now owns 8,200 shares of the company’s stock valued at $53,000 after acquiring an additional 7,850 shares during the last quarter. Hedge funds and other institutional investors own 7.55% of the company’s stock.

BigBear.ai Company Profile

BigBear.ai is a provider of artificial intelligence (AI) and data analytics solutions designed to deliver actionable insights for public sector and commercial clients. Headquartered in Columbia, Maryland, the company specializes in advanced analytics, machine learning, predictive modeling and network analysis to support decision-making in complex, data-rich environments. Its clientele spans defense and intelligence agencies, civil government organizations and enterprise businesses seeking to enhance mission outcomes and operational efficiency.

The company’s flagship offerings include an AI-driven analytics platform that integrates data engineering, algorithm development and visualization tools.