BigBear.ai (NYSE:BBAI) Given New $8.00 Price Target at HC Wainwright

Key Points

• HC Wainwright has reduced its target price for BigBear.ai (NYSE:BBAI) from $9.00 to $8.00, maintaining a "buy" rating, which indicates a potential upside of 12.76% from the stock's previous close.
• The company reported disappointing quarterly results, with revenues of $32.47 million, missing expectations by $8.71 million, and a loss of ($0.71) EPS, which was significantly below analyst forecasts.
• Insider trading activity includes CFO Julie Peffer selling 50,000 shares at $4.40 per share, resulting in a 7.31% decrease in her ownership, while the stock continues to see interest from institutional investors.

BigBear.ai (NYSE:BBAI - Free Report) had its price target decreased by HC Wainwright from $9.00 to $8.00 in a research note issued to investors on Tuesday morning,Benzinga reports. HC Wainwright currently has a buy rating on the stock. HC Wainwright also issued estimates for BigBear.ai's Q3 2025 earnings at ($0.07) EPS, Q4 2025 earnings at ($0.06) EPS, FY2025 earnings at ($0.94) EPS and FY2026 earnings at ($0.22) EPS.

BigBear.ai Stock Up 0.6%

BigBear.ai stock traded up $0.04 during trading on Tuesday, hitting $5.85. 70,103,485 shares of the company were exchanged, compared to its average volume of 89,073,125. The business's 50 day moving average is $6.14 and its 200 day moving average is $4.86. The company has a market capitalization of $1.70 billion, a P/E ratio of -4.06 and a beta of 3.44. The company has a current ratio of 1.91, a quick ratio of 1.66 and a debt-to-equity ratio of 0.42. BigBear.ai has a 52 week low of $1.24 and a 52 week high of $10.36.

BigBear.ai (NYSE:BBAI - Get Free Report) last posted its quarterly earnings data on Monday, August 11th. The company reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.01. The business had revenue of $32.47 million for the quarter, compared to analysts' expectations of $41.18 million. BigBear.ai had a negative return on equity of 48.11% and a negative net margin of 269.28%. The business's revenue was down 18.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.06) earnings per share. Analysts predict that BigBear.ai will post -0.28 earnings per share for the current year.

Insider Activity

In related news, CFO Julie Peffer sold 50,000 shares of the company's stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $4.40, for a total transaction of $220,000.00. Following the sale, the chief financial officer owned 634,153 shares of the company's stock, valued at approximately $2,790,273.20. This represents a 7.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.10% of the company's stock.

Institutional Investors Weigh In On BigBear.ai

Several hedge funds have recently bought and sold shares of BBAI. Flaharty Asset Management LLC bought a new position in shares of BigBear.ai during the first quarter valued at about $26,000. City State Bank purchased a new stake in BigBear.ai in the first quarter worth $29,000. Cornerstone Wealth Management LLC bought a new position in shares of BigBear.ai in the 1st quarter worth about $29,000. Blue Bell Private Wealth Management LLC lifted its holdings in shares of BigBear.ai by 2,216.0% during the first quarter. Blue Bell Private Wealth Management LLC now owns 11,580 shares of the company's stock valued at $33,000 after purchasing an additional 11,080 shares during the last quarter. Finally, Opal Wealth Advisors LLC purchased a new position in BigBear.ai during the first quarter valued at $34,000. 7.55% of the stock is currently owned by institutional investors.

About BigBear.ai

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.