BigBear.ai (NYSE:BBAI) Stock Price Up 13.6% – Should You Buy?

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares rose 13.6% during mid-day trading on Thursday . The company traded as high as $4.99 and last traded at $4.9650. Approximately 67,941,374 shares were traded during trading, an increase of 39% from the average daily volume of 48,868,074 shares. The stock had previously closed at $4.37.

Analysts Set New Price Targets

BBAI has been the subject of a number of analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a research report on Monday, April 20th. HC Wainwright lowered their price objective on BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a research report on Tuesday, March 3rd. Wall Street Zen upgraded BigBear.ai from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Cantor Fitzgerald lowered their target price on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, BigBear.ai presently has a consensus rating of “Hold” and a consensus price target of $5.50.

BigBear.ai Stock Up 2.6%

The company has a quick ratio of 6.08, a current ratio of 6.08 and a debt-to-equity ratio of 0.01. The stock has a 50 day simple moving average of $3.86 and a 200 day simple moving average of $4.84. The stock has a market cap of $2.43 billion, a price-to-earnings ratio of -5.82 and a beta of 3.25.

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 16.02% and a negative net margin of 226.69%.The firm had revenue of $27.30 million during the quarter, compared to analysts’ expectations of $33.31 million. During the same quarter last year, the firm posted ($0.43) earnings per share. The company’s revenue for the quarter was down 37.7% compared to the same quarter last year. As a group, analysts expect that BigBear.ai Holdings, Inc. will post -0.2 earnings per share for the current fiscal year.

Insider Buying and Selling at BigBear.ai

In other BigBear.ai news, CFO Sean Raymond Ricker sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $4.33, for a total value of $43,300.00. Following the completion of the sale, the chief financial officer owned 609,256 shares of the company’s stock, valued at approximately $2,638,078.48. This trade represents a 1.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Dorothy D. Hayes sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $4.11, for a total value of $61,650.00. Following the completion of the sale, the director directly owned 204,150 shares of the company’s stock, valued at $839,056.50. This trade represents a 6.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 105,000 shares of company stock valued at $424,950. Company insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On BigBear.ai

A number of hedge funds have recently added to or reduced their stakes in the company. Root Financial Partners LLC boosted its position in shares of BigBear.ai by 617.5% during the fourth quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock valued at $29,000 after buying an additional 4,631 shares during the last quarter. PNC Financial Services Group Inc. boosted its position 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 valued at $30,000 after buying an additional 3,392 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its position 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 valued at $32,000 after buying an additional 4,832 shares during the last quarter. HM Payson & Co. boosted its position in shares of BigBear.ai by 616.9% during the fourth quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock valued at $39,000 after buying an additional 6,169 shares during the last quarter. Finally, Hollencrest Capital Management purchased a new position in BigBear.ai in the first quarter worth $41,000. Institutional investors and hedge funds own 7.55% of the company’s stock.

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.