BigBear.ai (NYSE:BBAI) Trading Down 2.5% – What’s Next?

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares dropped 2.5% during mid-day trading on Thursday . The company traded as low as $4.01 and last traded at $4.0350. Approximately 34,562,757 shares changed hands during trading, a decline of 45% from the average daily volume of 62,830,039 shares. The stock had previously closed at $4.14.

Analysts Set New Price Targets

A number of research firms recently weighed in on BBAI. Cantor Fitzgerald lowered their price objective on shares of BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a research report on Wednesday, January 21st. HC Wainwright cut their price objective on shares of BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Finally, Wall Street Zen downgraded shares of BigBear.ai from a “hold” rating to a “sell” rating in a research note on Saturday, January 10th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, BigBear.ai presently has an average rating of “Hold” and a consensus price target of $5.50.

BigBear.ai Trading Down 2.6%

The firm has a market capitalization of $1.87 billion, a PE ratio of -3.93 and a beta of 3.49. The company’s 50-day simple moving average is $4.90 and its 200 day simple moving average is $5.80. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.16.

BigBear.ai (NYSE:BBAI) last posted its quarterly earnings data on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.04. The firm had revenue of $27.30 million during the quarter, compared to analyst estimates of $33.31 million. BigBear.ai had a negative net margin of 230.21% and a negative return on equity of 18.22%. BigBear.ai’s revenue was down 37.7% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.43) EPS. As a group, sell-side analysts expect that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BBAI. Van ECK Associates Corp acquired a new stake in BigBear.ai in the fourth quarter worth about $46,675,000. Vanguard Group Inc. raised its position in shares of BigBear.ai by 32.6% in the 3rd quarter. Vanguard Group Inc. now owns 27,604,836 shares of the company’s stock valued at $179,984,000 after purchasing an additional 6,790,890 shares during the last quarter. UBS Group AG boosted its stake in BigBear.ai by 145.7% in the 4th quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock worth $56,089,000 after purchasing an additional 6,158,665 shares in the last quarter. Jump Financial LLC acquired a new stake in BigBear.ai in the 2nd quarter worth approximately $37,407,000. Finally, Two Sigma Investments LP grew its position in BigBear.ai by 165.5% during the 3rd quarter. Two Sigma Investments LP now owns 4,903,920 shares of the company’s stock worth $31,974,000 after purchasing an additional 3,056,597 shares during the last quarter. 7.55% of the stock is owned by institutional investors and hedge funds.

About BigBear.ai

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.