BigBear.ai (NYSE:BBAI) Trading Up 1.6% – Time to Buy?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s share price traded up 1.6% on Wednesday . The stock traded as high as $4.27 and last traded at $4.1350. 41,097,229 shares traded hands during trading, a decline of 35% from the average session volume of 63,411,125 shares. The stock had previously closed at $4.07.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. HC Wainwright reduced their price objective on BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research note on Wednesday, January 21st. Wall Street Zen lowered shares of BigBear.ai from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. Finally, Cantor Fitzgerald decreased their price target on shares of BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 3rd. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, BigBear.ai has a consensus rating of “Hold” and an average price target of $5.50.

BigBear.ai Trading Down 2.6%

The business has a 50 day simple moving average of $4.93 and a two-hundred day simple moving average of $5.81. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 0.16. The company has a market cap of $1.87 billion, a PE ratio of -3.93 and a beta of 3.49.

BigBear.ai (NYSE:BBAI) last announced its quarterly earnings data on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.04. BigBear.ai had a negative return on equity of 18.22% and a negative net margin of 230.21%.The business had revenue of $27.30 million during the quarter, compared to the consensus estimate of $33.31 million. During the same quarter in the previous year, the business earned ($0.43) earnings per share. The business’s revenue for the quarter was down 37.7% on a year-over-year basis. On average, analysts forecast that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. CWM LLC grew its holdings in BigBear.ai by 237.5% in the third quarter. CWM LLC now owns 4,640 shares of the company’s stock valued at $30,000 after purchasing an additional 3,265 shares during the period. Hazlett Burt & Watson Inc. boosted its holdings in shares of BigBear.ai by 3,355.6% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock valued at $32,000 after purchasing an additional 4,832 shares during the last quarter. Root Financial Partners LLC boosted its holdings in shares of BigBear.ai by 617.5% in the 4th quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock valued at $29,000 after purchasing an additional 4,631 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of BigBear.ai by 150.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock valued at $30,000 after buying an additional 3,392 shares during the period. Finally, HM Payson & Co. increased its holdings in shares of BigBear.ai by 616.9% during the 4th quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock worth $39,000 after buying an additional 6,169 shares during the last quarter. 7.55% of the stock is currently owned by hedge funds and other institutional investors.

About BigBear.ai

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.