BigBear.ai (NYSE:BBAI) Shares Down 1.2% – Time to Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s share price dropped 1.2% during trading on Monday . The stock traded as low as $3.97 and last traded at $4.1980. Approximately 36,851,790 shares were traded during trading, a decline of 43% from the average daily volume of 64,596,750 shares. The stock had previously closed at $4.25.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on BBAI shares. HC Wainwright lowered their target price on BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a report on Tuesday, March 3rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a research report on Wednesday, January 21st. 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 note on Tuesday, March 3rd. Finally, Wall Street Zen downgraded shares of BigBear.ai from a “hold” rating to a “sell” rating in a research report on Saturday, January 10th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $5.50.

BigBear.ai Price Performance

The firm has a market capitalization of $2.00 billion, a P/E ratio of -4.20 and a beta of 3.49. The business has a 50-day moving average of $5.05 and a 200 day moving average of $5.86. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 0.16.

BigBear.ai (NYSE:BBAI) last announced its quarterly earnings results on Monday, March 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.04. BigBear.ai had a negative return on equity of 18.22% and a negative net margin of 230.21%.The business had revenue of $27.30 million for the quarter, compared to analyst estimates of $33.31 million. During the same quarter in the prior 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, sell-side analysts predict that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current fiscal year.

Hedge Funds Weigh In On BigBear.ai

Several large investors have recently bought and sold shares of the stock. Root Financial Partners LLC grew its stake in shares of BigBear.ai by 617.5% in the 4th quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock worth $29,000 after acquiring an additional 4,631 shares in the last quarter. CWM LLC raised its holdings in shares of BigBear.ai by 237.5% in the third quarter. CWM LLC now owns 4,640 shares of the company’s stock valued at $30,000 after purchasing an additional 3,265 shares during the last quarter. PNC Financial Services Group Inc. lifted 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 purchasing an additional 3,392 shares in the last quarter. Hazlett Burt & Watson Inc. raised its stake in BigBear.ai by 3,355.6% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock valued at $32,000 after acquiring an additional 4,832 shares during the period. Finally, HM Payson & Co. raised its stake in BigBear.ai by 616.9% in the 4th quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock valued at $39,000 after acquiring an additional 6,169 shares during the period. 7.55% of the stock is currently owned by institutional investors.

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.