BigBear.ai (NYSE:BBAI) Trading 7.5% Higher - Here's Why

Key Points

• Shares of BigBear.ai rose about 7.5% to roughly $5.99 in mid-day trading, with 38.9 million shares changing hands — about 59% below the stock's average session volume.
• Analysts are mixed: the consensus rating is "Hold" with an average target of $6.33, though HC Wainwright and Cantor Fitzgerald have bullish $7–$8 targets while Weiss Ratings maintains a sell.
• Fundamentals remain weak — BigBear.ai missed Q3 EPS (loss of $0.07 vs. $0.06 expected), revenue fell 20.1% year‑over‑year to $33.14M, and the company shows negative margins and ROE despite a $2.68B market cap.

BigBear.ai Holdings, Inc. (NYSE:BBAI - Get Free Report) shares shot up 7.5% during mid-day trading on Tuesday . The stock traded as high as $5.83 and last traded at $5.9850. 38,926,901 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 95,099,633 shares. The stock had previously closed at $5.57.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. HC Wainwright restated a "buy" rating and set a $8.00 price objective on shares of BigBear.ai in a research report on Tuesday, November 11th. Wall Street Zen upgraded shares of BigBear.ai from a "strong sell" rating to a "hold" rating in a research report on Saturday. Cantor Fitzgerald reissued an "overweight" rating and issued a $7.00 price objective on shares of BigBear.ai in a research note on Tuesday, November 11th. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of BigBear.ai in a report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $6.33.

BigBear.ai Stock Up 10.1%

The stock has a 50-day moving average price of $6.69 and a 200-day moving average price of $5.81. The company has a market capitalization of $2.68 billion, a P/E ratio of -4.30 and a beta of 3.42. 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 - Get Free Report) last released its quarterly earnings results on Monday, November 10th. The company reported ($0.07) earnings per share (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 firm had revenue of $33.14 million for the quarter, compared to the consensus estimate of $31.82 million. During the same quarter in the previous year, the business posted ($0.05) EPS. The firm's revenue for the quarter was down 20.1% compared to the same quarter last year. BigBear.ai has set its FY 2025 guidance at EPS. On average, research analysts predict that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current fiscal year.

Insider Buying and Selling at BigBear.ai

In other news, CFO Sean Raymond Ricker sold 11,978 shares of the business's stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $5.35, for a total value of $64,082.30. Following the transaction, the chief financial officer directly owned 296,345 shares of the company's stock, valued at $1,585,445.75. The trade was a 3.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.54% of the company's stock.

Hedge Funds Weigh In On BigBear.ai

A number of institutional investors and hedge funds have recently modified their holdings of BBAI. Kestra Private Wealth Services LLC acquired a new position in shares of BigBear.ai during the 3rd quarter valued at $100,000. NewEdge Advisors LLC raised its holdings in shares of BigBear.ai by 51.4% during the third quarter. NewEdge Advisors LLC now owns 120,166 shares of the company's stock valued at $783,000 after purchasing an additional 40,790 shares during the period. Prelude Capital Management LLC bought a new position in shares of BigBear.ai during the 3rd quarter worth about $160,000. Mariner LLC acquired a new stake in shares of BigBear.ai in the 3rd quarter valued at about $330,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in BigBear.ai by 40.8% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,873,864 shares of the company's stock valued at $18,738,000 after buying an additional 832,420 shares in the last quarter. 7.55% of the stock is currently owned by institutional investors.

BigBear.ai Company Profile

BigBear.ai Holdings, Inc provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services.

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