BigBear.ai (NYSE:BBAI) Stock Price Down 10.1% – Here’s Why

BigBear.ai Holdings, Inc. (NYSE:BBAI) was down 10.1% during mid-day trading on Thursday . The company traded as low as $4.00 and last traded at $4.0450. Approximately 70,306,454 shares traded hands during trading, a decline of 13% from the average daily volume of 80,949,320 shares. The stock had previously closed at $4.50.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on BBAI shares. Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, January 21st. Wall Street Zen downgraded shares of BigBear.ai from a “hold” rating to a “sell” rating in a research report on Saturday, January 10th. Cantor Fitzgerald lowered shares of BigBear.ai from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $7.00 to $6.00 in a research note on Wednesday, January 7th. Finally, HC Wainwright reaffirmed a “buy” rating and issued a $8.00 target price on shares of BigBear.ai in a research report on Tuesday, November 11th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, BigBear.ai presently has an average rating of “Hold” and an average price target of $6.00.

BigBear.ai Stock Performance

The firm’s 50 day moving average is $5.89 and its 200-day moving average is $6.22. The company has a debt-to-equity ratio of 0.18, a quick ratio of 3.13 and a current ratio of 3.13. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of -3.32 and a beta of 3.45.

BigBear.ai (NYSE:BBAI) last announced its quarterly earnings data on Monday, November 10th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.01). BigBear.ai had a negative net margin of 274.70% and a negative return on equity of 26.11%. The company had revenue of $33.14 million for the quarter, compared to analyst estimates of $31.82 million. During the same period in the prior year, the company posted ($0.05) EPS. The firm’s quarterly revenue was down 20.1% on a year-over-year basis. Sell-side analysts anticipate that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current fiscal year.

Insider Transactions at BigBear.ai

In other BigBear.ai news, CFO Sean Raymond Ricker sold 5,000 shares of BigBear.ai stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $7.06, for a total transaction of $35,300.00. Following the sale, the chief financial officer directly owned 488,716 shares of the company’s stock, valued at approximately $3,450,334.96. The trade was a 1.01% 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, Director Dorothy D. Hayes sold 22,000 shares of the company’s stock in a transaction 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 owned 236,150 shares in the company, valued at $1,435,792. This trade represents a 8.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.54% of the stock is owned by company insiders.

Hedge Funds Weigh In On BigBear.ai

Institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in shares of BigBear.ai by 18.4% during the 4th quarter. Vanguard Group Inc. now owns 32,695,344 shares of the company’s stock worth $176,555,000 after buying an additional 5,090,508 shares during the period. UBS Group AG raised its holdings in shares of BigBear.ai by 145.7% in the fourth quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock valued at $56,089,000 after purchasing an additional 6,158,665 shares during the last quarter. Jump Financial LLC acquired a new position in BigBear.ai during the second quarter worth $37,407,000. Geode Capital Management LLC increased its stake in BigBear.ai by 125.2% in the 2nd quarter. Geode Capital Management LLC now owns 5,074,311 shares of the company’s stock valued at $34,456,000 after buying an additional 2,820,698 shares during the last quarter. Finally, Two Sigma Investments LP boosted its stake in shares of BigBear.ai by 165.5% during the 3rd quarter. Two Sigma Investments LP now owns 4,903,920 shares of the company’s stock worth $31,974,000 after buying an additional 3,056,597 shares during the last quarter. 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.