BigBear.ai (NYSE:BBAI) Stock Price Up 1.6% – Still a Buy?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s stock price traded up 1.6% during trading on Wednesday . The stock traded as high as $4.27 and last traded at $4.1350. 41,097,229 shares traded hands during mid-day trading, a decline of 35% from the average session volume of 63,411,125 shares. The stock had previously closed at $4.07.

Wall Street Analysts Forecast Growth

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

BigBear.ai Stock Performance

The firm has a market capitalization of $1.97 billion, a PE ratio of -4.14 and a beta of 3.49. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.78 and a quick ratio of 1.78. The stock has a 50-day moving average price of $4.99 and a 200-day moving average price of $5.84.

BigBear.ai (NYSE:BBAI) last issued its quarterly earnings data on Monday, March 2nd. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $27.30 million during the quarter, compared to analyst estimates of $33.31 million. During the same quarter last year, the firm earned ($0.43) EPS. BigBear.ai’s quarterly revenue was down 37.7% on a year-over-year basis. On average, research analysts expect that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current fiscal year.

Institutional Trading of BigBear.ai

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Invesco Ltd. boosted its stake in BigBear.ai by 26.4% during the 1st quarter. Invesco Ltd. now owns 26,728 shares of the company’s stock valued at $76,000 after acquiring an additional 5,579 shares during the last quarter. AQR Capital Management LLC bought a new stake in shares of BigBear.ai in the 1st quarter worth about $88,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of BigBear.ai by 54.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 456,661 shares of the company’s stock valued at $1,306,000 after purchasing an additional 160,096 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of BigBear.ai by 441.1% during the first quarter. NewEdge Advisors LLC now owns 74,318 shares of the company’s stock worth $213,000 after purchasing an additional 60,583 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in shares of BigBear.ai by 569.0% during the first quarter. Goldman Sachs Group Inc. now owns 2,340,713 shares of the company’s stock worth $6,694,000 after purchasing an additional 1,990,822 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.