Northland Securities Comments on BigBear.ai FY2026 Earnings

BigBear.ai Holdings, Inc. (NYSE:BBAI) – Equities research analysts at Northland Securities lowered their FY2026 earnings per share (EPS) estimates for shares of BigBear.ai in a research note issued to investors on Wednesday, October 28th. Northland Securities analyst M. Latimore now expects that the company will earn ($0.36) per share for the year, down from their previous forecast of ($0.22). The consensus estimate for BigBear.ai’s current full-year earnings is ($0.22) per share.

A number of other analysts also recently weighed in on BBAI. Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a report on Thursday, October 15th. Cantor Fitzgerald lowered their price target on shares of BigBear.ai from $4.00 to $3.00 and set a “neutral” rating for the company in a report on Wednesday. Wall Street Zen downgraded shares of BigBear.ai from a “hold” rating to a “sell” rating in a report on Saturday, August 1st. Finally, Citigroup reiterated a “market perform” rating on shares of BigBear.ai in a research report on Wednesday. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, BigBear.ai currently has an average rating of “Hold” and a consensus target price of $4.50.

BigBear.ai Price Performance

BigBear.ai stock opened at $2.65 on Friday. BigBear.ai has a 52-week low of $2.07 and a 52-week high of $7.40. The company has a quick ratio of 5.67, a current ratio of 5.67 and a debt-to-equity ratio of 0.01. The firm’s fifty day moving average is $2.68 and its 200 day moving average is $3.65. The company has a market cap of $1.27 billion, a price-to-earnings ratio of -7.15 and a beta of 3.37.

BigBear.ai (NYSE:BBAI) last announced its quarterly earnings results on Tuesday, October 27th. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.13). BigBear.ai had a negative return on equity of 14.94% and a negative net margin of 126.84%. The business had revenue of $43.58 million during the quarter, compared to the consensus estimate of $29.93 million. During the same quarter in the prior year, the firm posted ($0.03) EPS. The company’s revenue for the quarter was up 31.5% on a year-over-year basis.

Hedge Funds Weigh In On BigBear.ai

A number of large investors have recently made changes to their positions in BBAI. Bank of New York Mellon Corp bought a new position in BigBear.ai during the 2nd quarter valued at about $5,243,000. Headlands Technologies LLC lifted its stake in BigBear.ai by 351.8% in the second quarter. Headlands Technologies LLC now owns 512,339 shares of the company’s stock worth $1,880,000 after purchasing an additional 398,936 shares during the last quarter. WINTON GROUP Ltd bought a new stake in BigBear.ai in the second quarter worth about $1,362,000. First Trust Advisors LP boosted its position in shares of BigBear.ai by 18.1% during the first quarter. First Trust Advisors LP now owns 2,419,242 shares of the company’s stock valued at $8,516,000 after buying an additional 369,981 shares during the period. Finally, Themes Management Co LLC boosted its position in shares of BigBear.ai by 62.0% during the first quarter. Themes Management Co LLC now owns 340,097 shares of the company’s stock valued at $1,197,000 after buying an additional 130,193 shares during the period. 7.55% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about BigBear.ai

Here are the key news stories impacting BigBear.ai this week:

• Positive Sentiment: Revenue and guidance significantly exceeded expectations. Third-quarter revenue rose 31% year over year to $43.6 million, well above the roughly $29.9 million analyst estimate. BigBear.ai also raised its full-year 2026 revenue outlook to $150 million-$165 million, substantially above the prior market expectation of approximately $112.9 million. BigBear.ai raises FY 2026 revenue guidance
• Positive Sentiment: Defense contracts and AI demand are supporting growth. Recent coverage highlights contract wins, rising backlog and government demand for BigBear.ai’s AI and decision-intelligence tools. Management also warned that AI is increasing cybersecurity threats, potentially creating additional demand from government and private-sector customers. BigBear.ai Q3 earnings call transcript
• Positive Sentiment: Trading activity suggests continued speculative interest. Investors purchased a high volume of BBAI call options, indicating that some traders are positioning for further gains, although options activity can also increase volatility. Investors buy BigBear.ai call options
• Neutral Sentiment: BigBear.ai’s growth profile compares favorably with Booz Allen, but profitability does not. Analysts noted BBAI’s faster growth and contract momentum, while Booz Allen Hamilton offers stronger earnings, profitability and return on equity. The comparison reinforces BBAI’s higher-growth, higher-risk profile. BigBear.ai versus Booz Allen
• Negative Sentiment: Losses and execution remain major risks. BigBear.ai reported a quarterly loss of $0.19 per share, worse than the $0.06 consensus loss, while commentary described execution as lacking and questioned whether the stock already reflects too much future sales growth. BigBear.ai Q3 review
• Negative Sentiment: Valuation skepticism has increased. Cantor Fitzgerald lowered its BBAI price target from $4 to $3 and assigned a neutral rating, signaling limited upside after accounting for the company’s growth prospects. Cantor Fitzgerald rating changes

About BigBear.ai

BigBear.ai Holdings, Inc (NYSE: BBAI) is an artificial intelligence company that develops decision-intelligence solutions for government and commercial organizations. Its technologies are designed to help customers analyze complex data, identify risks and opportunities, and support planning and operational decision-making.

The company provides artificial intelligence and machine-learning capabilities across areas such as supply-chain management, cyber operations, logistics, autonomous systems, predictive analytics, and computer vision.