BigBear.ai (NYSE:BBAI) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Key Points

• BigBear.ai reported a quarterly loss of $0.05 per share, missing the consensus estimate by $0.01, while revenue of $36.75 million slightly exceeded expectations and rose 12.9% year over year.
• The company continues to post weak profitability, with a negative net margin of 65.20% and negative return on equity of 13.44%.
• Analyst sentiment is cautious: the stock has an average “Hold” rating and a $5.00 price target, while recent coverage included target-price cuts and downgrades to “Sell.”

BigBear.ai (NYSE:BBAI - Get Free Report) announced its quarterly earnings results on Monday. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.01), Briefing.com reports. BigBear.ai had a negative net margin of 65.20% and a negative return on equity of 13.44%. The business had revenue of $36.75 million during the quarter, compared to the consensus estimate of $36.37 million. During the same period in the previous year, the business posted ($0.71) EPS. BigBear.ai's revenue was up 12.9% compared to the same quarter last year.

BigBear.ai Price Performance

Shares of BBAI opened at $3.27 on Monday. BigBear.ai has a 1-year low of $2.59 and a 1-year high of $9.39. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.67 and a quick ratio of 5.67. The firm has a market capitalization of $1.57 billion, a PE ratio of -15.59 and a beta of 3.35. The company's fifty day moving average price is $3.52 and its 200-day moving average price is $3.93.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Weiss Ratings reiterated a "sell (d-)" rating on shares of BigBear.ai in a report on Friday, July 17th. Cantor Fitzgerald cut their target price on shares of BigBear.ai from $5.00 to $4.00 and set a "neutral" rating on the stock in a report on Friday, July 31st. Finally, Wall Street Zen cut BigBear.ai from a "hold" rating to a "sell" rating in a research note on Saturday, August 1st. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, BigBear.ai has an average rating of "Hold" and an average price target of $5.00.

Insider Transactions at BigBear.ai

In related news, CFO Sean Raymond Ricker sold 10,000 shares of BigBear.ai stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $4.33, for a total value of $43,300.00. Following the sale, the chief financial officer owned 609,256 shares of the company's stock, valued at approximately $2,638,078.48. This trade represents a 1.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.57% of the company's stock.

Institutional Trading of BigBear.ai

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Van ECK Associates Corp acquired a new position in BigBear.ai in the fourth quarter valued at approximately $46,675,000. Two Sigma Investments LP raised its position in BigBear.ai by 165.5% in the third quarter. Two Sigma Investments LP now owns 4,903,920 shares of the company's stock worth $31,974,000 after acquiring an additional 3,056,597 shares in the last quarter. Geode Capital Management LLC lifted its holdings in BigBear.ai by 35.9% in the fourth quarter. Geode Capital Management LLC now owns 10,247,877 shares of the company's stock valued at $55,347,000 after acquiring an additional 2,706,195 shares during the period. State Street Corp boosted its position in shares of BigBear.ai by 33.6% during the 4th quarter. State Street Corp now owns 10,279,145 shares of the company's stock worth $55,507,000 after purchasing an additional 2,584,278 shares in the last quarter. Finally, Jump Financial LLC purchased a new stake in BigBear.ai during the fourth quarter worth about $13,318,000. 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.

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