Cantor Fitzgerald Expects Lower Earnings for BigBear.ai

Key Points

• Cantor Fitzgerald has significantly decreased its FY2026 earnings per share estimate for BigBear.ai, projecting a loss of ($0.55) per share compared to a previous estimate of ($0.21).
• BigBear.ai's recent quarterly earnings report showed a revenue of $32.47 million, falling short of analyst expectations of $41.18 million, and demonstrating an 18.3% decline year-over-year.
• HC Wainwright has revised its target price for BigBear.ai from $9.00 to $8.00, maintaining a "buy" rating on the stock.

BigBear.ai Holdings, Inc. (NYSE:BBAI - Free Report) - Cantor Fitzgerald lowered their FY2026 EPS estimates for BigBear.ai in a research report issued on Tuesday, August 12th. Cantor Fitzgerald analyst J. Ruykhaver now anticipates that the company will earn ($0.55) per share for the year, down from their previous forecast of ($0.21). The consensus estimate for BigBear.ai's current full-year earnings is ($0.28) per share.

BigBear.ai (NYSE:BBAI - Get Free Report) last released its quarterly earnings data on Monday, August 11th. The company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.07) by $0.01. BigBear.ai had a negative return on equity of 48.11% and a negative net margin of 269.28%. The business had revenue of $32.47 million for the quarter, compared to analyst estimates of $41.18 million. During the same quarter in the prior year, the firm posted ($0.06) EPS. The business's quarterly revenue was down 18.3% compared to the same quarter last year.

Separately, HC Wainwright cut their target price on BigBear.ai from $9.00 to $8.00 and set a "buy" rating for the company in a research note on Tuesday.

BigBear.ai Price Performance

NYSE BBAI traded down $0.07 during mid-day trading on Thursday, hitting $5.75. The stock had a trading volume of 32,520,452 shares, compared to its average volume of 88,807,641. The firm's 50 day moving average is $6.14 and its 200 day moving average is $4.86. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.91 and a quick ratio of 1.66. The stock has a market capitalization of $1.67 billion, a price-to-earnings ratio of -3.99 and a beta of 3.44. BigBear.ai has a twelve month low of $1.24 and a twelve month high of $10.36.

Hedge Funds Weigh In On BigBear.ai

A number of hedge funds and other institutional investors have recently bought and sold shares of BBAI. JPMorgan Chase & Co. boosted its stake in shares of BigBear.ai by 12.3% in the 4th quarter. JPMorgan Chase & Co. now owns 51,166 shares of the company's stock valued at $228,000 after buying an additional 5,591 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of BigBear.ai by 21.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 39,966 shares of the company's stock valued at $178,000 after buying an additional 7,177 shares during the period. Wells Fargo & Company MN boosted its stake in shares of BigBear.ai by 5.1% in the 4th quarter. Wells Fargo & Company MN now owns 78,458 shares of the company's stock valued at $349,000 after buying an additional 3,797 shares during the period. MetLife Investment Management LLC boosted its stake in shares of BigBear.ai by 219.6% in the 4th quarter. MetLife Investment Management LLC now owns 63,378 shares of the company's stock valued at $282,000 after buying an additional 43,547 shares during the period. Finally, Ameriprise Financial Inc. purchased a new position in shares of BigBear.ai in the 4th quarter valued at about $81,000. 7.55% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, CFO Julie Peffer sold 50,000 shares of the firm's stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $4.40, for a total transaction of $220,000.00. Following the completion of the sale, the chief financial officer directly owned 634,153 shares of the company's stock, valued at approximately $2,790,273.20. This trade represents a 7.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.10% of the stock is owned by company insiders.

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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