BigBear.ai (NYSE:BBAI) Trading Down 3.5% – Should You Sell?

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) fell 3.5% during trading on Tuesday . The company traded as low as $4.01 and last traded at $4.0550. 28,883,259 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 63,890,637 shares. The stock had previously closed at $4.20.

Wall Street Analysts Forecast Growth

BBAI has been the topic of a number of analyst reports. Weiss Ratings reiterated 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 research report on Saturday, January 10th. Cantor Fitzgerald lowered their price objective on shares of BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. Finally, HC Wainwright cut their target price on BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $5.50.

BigBear.ai Stock Down 3.5%

The firm’s fifty day moving average is $5.02 and its 200-day moving average is $5.85. The company has a market capitalization of $1.93 billion, a P/E ratio of -4.06 and a beta of 3.49. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.78 and a current ratio of 1.78.

BigBear.ai (NYSE:BBAI) last issued its quarterly earnings data on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, beating the consensus estimate 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 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 prior year, the firm earned ($0.43) EPS. The firm’s revenue was down 37.7% compared to the same quarter last year. As a group, equities research analysts predict that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current year.

Institutional Investors Weigh In On BigBear.ai

Several hedge funds have recently modified their holdings of the company. Arizona State Retirement System increased its holdings in BigBear.ai by 2.2% in the 3rd quarter. Arizona State Retirement System now owns 86,166 shares of the company’s stock worth $562,000 after purchasing an additional 1,823 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of BigBear.ai by 6.4% during the fourth quarter. Farther Finance Advisors LLC now owns 31,207 shares of the company’s stock valued at $169,000 after purchasing an additional 1,865 shares in the last quarter. Steward Partners Investment Advisory LLC grew its holdings in shares of BigBear.ai by 22.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 10,344 shares of the company’s stock worth $70,000 after purchasing an additional 1,885 shares during the last quarter. Pure Financial Advisors LLC grew its holdings in shares of BigBear.ai by 19.4% during the third quarter. Pure Financial Advisors LLC now owns 12,060 shares of the company’s stock worth $79,000 after purchasing an additional 1,960 shares during the last quarter. Finally, Toth Financial Advisory Corp increased its stake in shares of BigBear.ai by 20.0% in the third quarter. Toth Financial Advisory Corp now owns 12,000 shares of the company’s stock valued at $78,000 after buying an additional 2,000 shares during the period. Institutional investors and hedge funds 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.