BigBear.ai (NYSE:BBAI) Releases Earnings Results, Misses Estimates By $0.64 EPS

BigBear.ai (NYSE:BBAI) posted its quarterly earnings results on Monday. The company reported ($0.71) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.64), Briefing.com reports. BigBear.ai had a negative return on equity of 57.83% and a negative net margin of 121.31%. The business had revenue of $32.47 million for the quarter, compared to analyst estimates of $41.18 million. During the same period last year, the firm posted ($0.06) EPS. BigBear.ai’s quarterly revenue was down 18.3% on a year-over-year basis. BigBear.ai updated its FY 2025 guidance to EPS.

BigBear.ai Stock Down 0.6%

Shares of BBAI opened at $7.10 on Tuesday. BigBear.ai has a 52 week low of $1.20 and a 52 week high of $10.36. The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of -9.10 and a beta of 3.44. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.66 and a current ratio of 1.66. The stock has a fifty day moving average of $6.06 and a 200-day moving average of $4.84.

Wall Street Analyst Weigh In

Separately, HC Wainwright boosted their price target on BigBear.ai from $6.00 to $9.00 and gave the stock a “buy” rating in a report on Tuesday, July 1st.

Insiders Place Their Bets

In other news, CFO Julie Peffer sold 50,000 shares of the stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $4.40, for a total value of $220,000.00. Following the completion of the transaction, the chief financial officer directly owned 634,153 shares in the company, valued at approximately $2,790,273.20. This represents a 7.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Dorothy D. Hayes sold 26,000 shares of the stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $3.60, for a total value of $93,600.00. Following the completion of the transaction, the director owned 255,239 shares of the company’s stock, valued at $918,860.40. The trade was a 9.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by corporate insiders.

Institutional Trading of BigBear.ai

A number of institutional investors and hedge funds have recently bought and sold shares of BBAI. Invesco Ltd. increased its holdings in BigBear.ai by 26.4% in the first quarter. Invesco Ltd. now owns 26,728 shares of the company’s stock valued at $76,000 after purchasing an additional 5,579 shares during the period. AQR Capital Management LLC acquired a new stake in BigBear.ai in the first quarter valued at $88,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in BigBear.ai by 54.0% in the first 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 during the period. NewEdge Advisors LLC increased its holdings in BigBear.ai by 441.1% in the first quarter. NewEdge Advisors LLC now owns 74,318 shares of the company’s stock valued at $213,000 after purchasing an additional 60,583 shares during the period. Finally, Goldman Sachs Group Inc. increased its holdings in BigBear.ai by 569.0% in the first quarter. Goldman Sachs Group Inc. now owns 2,340,713 shares of the company’s stock valued at $6,694,000 after purchasing an additional 1,990,822 shares during the period. 7.55% of the stock is currently owned by institutional investors and hedge funds.

BigBear.ai Company Profile

BigBear.ai Holdings, Inc provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services.