BigBear.ai (NYSE:BBAI) Stock Price Down 3% – What’s Next?

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares dropped 3% during mid-day trading on Wednesday . The stock traded as low as $4.26 and last traded at $4.4250. Approximately 54,425,580 shares traded hands during trading, a decline of 30% from the average daily volume of 77,922,945 shares. The stock had previously closed at $4.56.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on BBAI. HC Wainwright restated a “buy” rating and set a $8.00 price target on shares of BigBear.ai in a report on Tuesday, November 11th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a research report on Wednesday, January 21st. Wall Street Zen downgraded BigBear.ai from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. Finally, Cantor Fitzgerald downgraded shares of BigBear.ai from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $7.00 to $6.00 in a research note on Wednesday, January 7th. One 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. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $6.00.

BigBear.ai Trading Down 3.0%

The company has a market cap of $1.93 billion, a PE ratio of -3.12 and a beta of 3.45. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 0.18. The business has a 50 day simple moving average of $5.84 and a two-hundred day simple moving average of $6.16.

BigBear.ai (NYSE:BBAI) last released its quarterly earnings data on Monday, November 10th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.01). The company had revenue of $33.14 million during the quarter, compared to analysts’ expectations of $31.82 million. BigBear.ai had a negative net margin of 274.70% and a negative return on equity of 26.11%. The company’s revenue for the quarter was down 20.1% compared to the same quarter last year. During the same period last year, the business earned ($0.05) earnings per share. On average, analysts forecast that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current fiscal year.

Insider Activity at BigBear.ai

In other news, Director Dorothy D. Hayes sold 22,000 shares of the stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $6.08, for a total value of $133,760.00. Following the completion of the sale, the director directly owned 236,150 shares of the company’s stock, valued at $1,435,792. This represents a 8.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Sean Raymond Ricker sold 5,000 shares of the stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $7.06, for a total value of $35,300.00. Following the transaction, the chief financial officer directly owned 488,716 shares in the company, valued at approximately $3,450,334.96. This represents a 1.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.54% of the company’s stock.

Institutional Trading of BigBear.ai

Several hedge funds have recently bought and sold shares of the stock. CWM LLC grew its position in shares of BigBear.ai by 237.5% in the 3rd quarter. CWM LLC now owns 4,640 shares of the company’s stock valued at $30,000 after acquiring an additional 3,265 shares during the period. Hazlett Burt & Watson Inc. boosted its holdings in shares of BigBear.ai by 3,355.6% during the third quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock worth $32,000 after acquiring an additional 4,832 shares during the period. Root Financial Partners LLC grew its position in shares of BigBear.ai by 617.5% in the fourth 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. increased its stake in shares of BigBear.ai by 150.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock worth $30,000 after purchasing an additional 3,392 shares during the period. Finally, Nisa Investment Advisors LLC lifted its holdings in BigBear.ai by 68.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 6,222 shares of the company’s stock worth $42,000 after purchasing an additional 2,527 shares during the last quarter. 7.55% of the stock is currently owned by institutional investors and hedge funds.

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.