BigBear.ai (NYSE:BBAI) Shares Down 2.5% – Should You Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s share price dropped 2.5% on Thursday . The stock traded as low as $4.01 and last traded at $4.0350. Approximately 34,562,757 shares were traded during trading, a decline of 45% from the average daily volume of 62,830,039 shares. The stock had previously closed at $4.14.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BBAI. HC Wainwright cut their target price on shares of BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. Wall Street Zen lowered BigBear.ai from a “hold” rating to a “sell” rating in a research note on Saturday, January 10th. Cantor Fitzgerald reduced their target price on 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, Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $5.50.

BigBear.ai Stock Down 2.5%

The company has a market cap of $1.92 billion, a price-to-earnings ratio of -4.04 and a beta of 3.49. The firm has a 50-day moving average price of $4.96 and a 200 day moving average price of $5.82. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.78 and a quick ratio of 1.78.

BigBear.ai (NYSE:BBAI) last released its quarterly earnings results on Monday, March 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.04. The business had revenue of $27.30 million during the quarter, compared to the consensus estimate of $33.31 million. BigBear.ai had a negative return on equity of 18.22% and a negative net margin of 230.21%.The firm’s quarterly revenue was down 37.7% on a year-over-year basis. During the same period in the previous year, the company posted ($0.43) EPS. Sell-side analysts predict that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Invesco Ltd. increased its holdings in shares of BigBear.ai by 26.4% during the first quarter. Invesco Ltd. now owns 26,728 shares of the company’s stock worth $76,000 after purchasing an additional 5,579 shares during the period. AQR Capital Management LLC bought a new stake in shares of BigBear.ai in the first quarter valued at approximately $88,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in BigBear.ai by 54.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 456,661 shares of the company’s stock worth $1,306,000 after buying an additional 160,096 shares in the last quarter. NewEdge Advisors LLC increased its stake in BigBear.ai by 441.1% during the 1st quarter. NewEdge Advisors LLC now owns 74,318 shares of the company’s stock worth $213,000 after acquiring an additional 60,583 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in BigBear.ai by 569.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,340,713 shares of the company’s stock worth $6,694,000 after acquiring an additional 1,990,822 shares during the period. Institutional investors and hedge funds own 7.55% of the company’s stock.

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.