BigBear.ai (NYSE:BBAI) Stock Price Down 8.9% – Here’s Why

BigBear.ai Holdings, Inc. (NYSE:BBAI) dropped 8.9% during trading on Friday . The company traded as low as $4.97 and last traded at $5.03. Approximately 85,710,499 shares traded hands during mid-day trading, an increase of 2% from the average daily volume of 84,057,797 shares. The stock had previously closed at $5.52.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on BBAI shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, January 21st. Cantor Fitzgerald downgraded BigBear.ai from an “overweight” rating to a “neutral” rating and cut their price objective for the stock from $7.00 to $6.00 in a research report on Wednesday, January 7th. Wall Street Zen cut BigBear.ai from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. Finally, HC Wainwright reissued a “buy” rating and set a $8.00 price target on shares of BigBear.ai in a research report on Tuesday, November 11th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $6.00.

BigBear.ai Stock Down 8.9%

The firm has a market cap of $2.20 billion, a price-to-earnings ratio of -3.54 and a beta of 3.46. 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 firm has a fifty day moving average price of $6.05 and a 200-day moving average price of $6.32.

BigBear.ai (NYSE:BBAI) last released its earnings results on Monday, November 10th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.01). BigBear.ai had a negative net margin of 274.70% and a negative return on equity of 26.11%. The business had revenue of $33.14 million during the quarter, compared to analyst estimates of $31.82 million. During the same quarter in the previous year, the company posted ($0.05) earnings per share. The business’s revenue for the quarter was down 20.1% compared to the same quarter last year. As a group, sell-side analysts forecast 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 BigBear.ai stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $7.06, for a total value of $35,300.00. Following the transaction, the chief financial officer owned 488,716 shares in the company, valued at $3,450,334.96. This trade represents a 1.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Dorothy D. Hayes sold 22,000 shares of the business’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $6.08, for a total transaction of $133,760.00. Following the sale, the director directly owned 236,150 shares of the company’s stock, 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. 0.54% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Invesco Ltd. grew its position in BigBear.ai by 26.4% during the first 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 period. AQR Capital Management LLC acquired a new position in shares of BigBear.ai in the 1st quarter valued at about $88,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of BigBear.ai by 54.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 456,661 shares of the company’s stock worth $1,306,000 after purchasing an additional 160,096 shares during the period. NewEdge Advisors LLC increased its position 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 purchasing an additional 60,583 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position 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 purchasing an additional 1,990,822 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.