BigBear.ai (NYSE:BBAI) Trading Up 10.9% – What’s Next?

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares traded up 10.9% during trading on Friday . The stock traded as high as $6.34 and last traded at $6.2450. 217,496,902 shares traded hands during mid-day trading, an increase of 124% from the average session volume of 96,908,906 shares. The stock had previously closed at $5.63.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Cantor Fitzgerald reiterated an “overweight” rating and issued a $7.00 price objective on shares of BigBear.ai in a research report on Tuesday, November 11th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, October 8th. Wall Street Zen raised shares of BigBear.ai from a “strong sell” rating to a “hold” rating in a report on Saturday, November 15th. Finally, HC Wainwright restated a “buy” rating and issued a $8.00 price objective on shares of BigBear.ai in a research report on Tuesday, November 11th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $6.33.

BigBear.ai Trading Up 10.9%

The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 0.18. The company has a market cap of $2.73 billion, a P/E ratio of -4.40 and a beta of 3.44. The business has a 50-day moving average price of $6.51 and a two-hundred day moving average price of $6.18.

BigBear.ai (NYSE:BBAI) last announced its quarterly earnings data on Monday, November 10th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.01). The firm had revenue of $33.14 million during the quarter, compared to analyst estimates of $31.82 million. BigBear.ai had a negative return on equity of 26.11% and a negative net margin of 274.70%.BigBear.ai’s revenue for the quarter was down 20.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.05) earnings per share. On average, analysts predict that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current year.

Insider Activity at BigBear.ai

In other BigBear.ai news, CFO Sean Raymond Ricker sold 5,000 shares of the company’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $7.06, for a total transaction of $35,300.00. Following the completion of the sale, the chief financial officer owned 488,716 shares in the company, valued at approximately $3,450,334.96. The trade was a 1.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Dorothy D. Hayes sold 22,000 shares of the firm’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $6.08, for a total value of $133,760.00. Following the completion of the transaction, the director owned 236,150 shares in the company, valued at $1,435,792. This represents a 8.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On BigBear.ai

Several hedge funds have recently added to or reduced their stakes in the stock. IFP Advisors Inc boosted its holdings in BigBear.ai by 218.1% during the third quarter. IFP Advisors Inc now owns 9,559 shares of the company’s stock worth $62,000 after buying an additional 6,554 shares during the last quarter. Swiss Life Asset Management Ltd acquired a new stake in shares of BigBear.ai in the 3rd quarter valued at approximately $81,000. Cantor Fitzgerald L. P. acquired a new stake in shares of BigBear.ai in the 3rd quarter valued at approximately $1,756,000. CIBC Bancorp USA Inc. acquired a new position in BigBear.ai during the third quarter valued at approximately $201,000. Finally, Captrust Financial Advisors increased its stake in BigBear.ai by 23.8% in the third quarter. Captrust Financial Advisors now owns 1,865,214 shares of the company’s stock valued at $12,161,000 after purchasing an additional 358,292 shares in the last quarter. Institutional investors and hedge funds 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.