BigBear.ai (NYSE:BBAI) Stock Price Down 1.7% – What’s Next?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s share price was down 1.7% on Thursday . The stock traded as low as $3.62 and last traded at $3.7350. Approximately 25,701,049 shares changed hands during trading, a decline of 57% from the average daily volume of 60,103,848 shares. The stock had previously closed at $3.80.

Wall Street Analyst Weigh In

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

BigBear.ai Price Performance

The firm has a market cap of $1.78 billion, a PE ratio of -3.74 and a beta of 3.49. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.78 and a quick ratio of 1.78. The business’s fifty day moving average is $4.77 and its 200-day moving average is $5.78.

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

Insider Buying and Selling

In other BigBear.ai news, Director Pamela Joyce Braden sold 80,000 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $4.00, for a total transaction of $320,000.00. Following the completion of the transaction, the director directly owned 508,687 shares of the company’s stock, valued at approximately $2,034,748. This represents a 13.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On BigBear.ai

Large investors have recently added to or reduced their stakes in the company. World Investment Advisors bought a new stake in BigBear.ai in the 4th quarter valued at about $56,000. Caitong International Asset Management Co. Ltd boosted its position in BigBear.ai by 77.1% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 13,756 shares of the company’s stock worth $74,000 after purchasing an additional 5,987 shares during the period. Invesco Ltd. increased its stake in shares of BigBear.ai by 56.5% in 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 in the last quarter. State of Tennessee Department of Treasury purchased a new position in shares of BigBear.ai in the fourth quarter worth about $149,000. Finally, NewEdge Advisors LLC raised its position in shares of BigBear.ai by 3.4% in the fourth quarter. NewEdge Advisors LLC now owns 124,239 shares of the company’s stock valued at $671,000 after purchasing an additional 4,073 shares during the period. Hedge funds and other institutional investors own 7.55% of the company’s stock.

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.