BigBear.ai (NYSE:BBAI) Announces Quarterly Earnings Results, Beats Estimates By $0.04 EPS

BigBear.ai (NYSE:BBAI) issued its quarterly earnings results on Monday. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.04, FiscalAI reports. The company had revenue of $27.30 million for the quarter, compared to the consensus estimate of $33.31 million. BigBear.ai had a negative return on equity of 26.11% and a negative net margin of 274.70%.

BigBear.ai Stock Performance

Shares of BBAI stock traded up $0.15 during trading hours on Monday, hitting $4.11. The stock had a trading volume of 51,080,828 shares, compared to its average volume of 66,520,844. The stock’s 50 day moving average is $5.25 and its 200 day moving average is $5.92. The firm has a market capitalization of $1.79 billion, a PE ratio of -2.89 and a beta of 3.49. BigBear.ai has a twelve month low of $2.36 and a twelve month high of $9.39. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.13 and a quick ratio of 3.13.

Analyst Ratings Changes

A number of equities analysts have recently commented on BBAI shares. Wall Street Zen downgraded BigBear.ai from a “hold” rating to a “sell” rating in a research report on Saturday, January 10th. Cantor Fitzgerald cut shares of BigBear.ai from an “overweight” rating to a “neutral” rating and lowered their price target for the stock from $7.00 to $6.00 in a report on Wednesday, January 7th. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research report on Wednesday, January 21st. Finally, HC Wainwright reaffirmed a “buy” rating and set a $8.00 price objective on shares of BigBear.ai in a research report on Tuesday, November 11th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $6.00.

Insiders Place Their Bets

In related news, CFO Sean Raymond Ricker sold 5,000 shares of the stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $7.06, for a total transaction of $35,300.00. Following the completion of the sale, the chief financial officer owned 488,716 shares in the company, valued at $3,450,334.96. This represents a 1.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is currently owned by corporate insiders.

Institutional Trading of BigBear.ai

Several institutional investors and hedge funds have recently added to or reduced their stakes in BBAI. Invesco Ltd. raised its stake in shares of BigBear.ai by 56.5% during the fourth quarter. Invesco Ltd. now owns 250,973 shares of the company’s stock worth $1,355,000 after purchasing an additional 90,612 shares during the last quarter. State of Tennessee Department of Treasury purchased a new position in BigBear.ai in the fourth quarter valued at about $149,000. NewEdge Advisors LLC boosted its position in BigBear.ai by 3.4% during the fourth quarter. NewEdge Advisors LLC now owns 124,239 shares of the company’s stock worth $671,000 after purchasing an additional 4,073 shares in the last quarter. VARCOV Co. acquired a new stake in BigBear.ai in the 4th quarter valued at about $240,000. Finally, SummitTX Capital L.P. increased its holdings in BigBear.ai by 322.9% during the 4th quarter. SummitTX Capital L.P. now owns 45,058 shares of the company’s stock valued at $243,000 after acquiring an additional 34,404 shares in the last quarter. 7.55% of the stock is owned by hedge funds and other institutional investors.

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.