BigBear.ai Holdings, Inc. (NYSE:BBAI) Receives Average Rating of “Hold” from Brokerages

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) have received a consensus rating of “Hold” from the five analysts that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $6.00.

Several equities analysts have recently issued reports on the company. HC Wainwright lowered their price target on BigBear.ai from $9.00 to $8.00 and set a “buy” rating on the stock in a research report on Tuesday, August 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research note on Wednesday, October 8th.

BigBear.ai Stock Up 2.5%

Shares of BBAI stock opened at $6.91 on Tuesday. BigBear.ai has a 1 year low of $1.51 and a 1 year high of $10.36. The stock has a market cap of $3.01 billion, a PE ratio of -4.80 and a beta of 3.43. The business’s fifty day moving average is $6.48 and its 200-day moving average is $5.56. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.91 and a current ratio of 1.91.

BigBear.ai (NYSE:BBAI) last issued its quarterly earnings results on Monday, August 11th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.01. BigBear.ai had a negative return on equity of 48.11% and a negative net margin of 269.28%.The company had revenue of $32.47 million for the quarter, compared to analysts’ expectations of $41.18 million. During the same period last year, the firm earned ($0.06) EPS. The firm’s revenue for the quarter was down 18.3% on a year-over-year basis. BigBear.ai has set its FY 2025 guidance at EPS. Equities analysts expect that BigBear.ai will post -0.28 earnings per share for the current fiscal year.

Insider Buying and Selling at BigBear.ai

In other news, CFO Sean Raymond Ricker sold 11,978 shares of the firm’s stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $5.35, for a total transaction of $64,082.30. Following the completion of the sale, the chief financial officer directly owned 296,345 shares of the company’s stock, valued at $1,585,445.75. This trade represents a 3.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.54% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On BigBear.ai

Large investors have recently modified their holdings of the stock. CWM LLC boosted its position in shares of BigBear.ai by 237.5% in the third quarter. CWM LLC now owns 4,640 shares of the company’s stock worth $30,000 after buying an additional 3,265 shares during the period. Nisa Investment Advisors LLC boosted its position in shares of BigBear.ai by 68.4% in the second quarter. Nisa Investment Advisors LLC now owns 6,222 shares of the company’s stock worth $42,000 after buying an additional 2,527 shares during the period. Flaharty Asset Management LLC acquired a new stake in shares of BigBear.ai in the first quarter worth $26,000. Amalgamated Bank boosted its position in shares of BigBear.ai by 163.2% in the third quarter. Amalgamated Bank now owns 9,377 shares of the company’s stock worth $61,000 after buying an additional 5,814 shares during the period. Finally, Allworth Financial LP boosted its position in shares of BigBear.ai by 36.6% in the second quarter. Allworth Financial LP now owns 9,765 shares of the company’s stock worth $66,000 after buying an additional 2,615 shares during the period. 7.55% of the stock is owned by institutional investors.

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.