BigBear.ai (NYSE:BBAI) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS

BigBear.ai (NYSE:BBAI) issued its quarterly earnings data on Monday. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.01), Briefing.com reports. The firm had revenue of $36.75 million during the quarter, compared to the consensus estimate of $36.37 million. BigBear.ai had a negative net margin of 65.20% and a negative return on equity of 13.44%. The company’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.71) earnings per share.

BigBear.ai Price Performance

BBAI stock opened at $3.27 on Monday. BigBear.ai has a one year low of $2.59 and a one year high of $9.39. The firm has a 50-day moving average of $3.52 and a two-hundred day moving average of $3.93. The firm has a market capitalization of $1.57 billion, a PE ratio of -15.59 and a beta of 3.35. The company has a current ratio of 5.67, a quick ratio of 5.67 and a debt-to-equity ratio of 0.01.

Insider Activity

In other BigBear.ai news, CFO Sean Raymond Ricker sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $4.33, for a total value of $43,300.00. Following the transaction, the chief financial officer owned 609,256 shares in the company, valued at approximately $2,638,078.48. This represents a 1.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.57% of the stock is owned by insiders.

Institutional Investors Weigh In On BigBear.ai

Several institutional investors and hedge funds have recently made changes to their positions in BBAI. Hsbc Holdings PLC bought a new stake in shares of BigBear.ai during the fourth quarter valued at approximately $130,000. Invesco Ltd. boosted its position in BigBear.ai by 56.5% in the 4th quarter. Invesco Ltd. now owns 250,973 shares of the company’s stock valued at $1,355,000 after buying an additional 90,612 shares during the last quarter. State of Tennessee Department of Treasury bought a new position in BigBear.ai in the 4th quarter valued at $149,000. NewEdge Advisors LLC increased its stake in shares of BigBear.ai by 3.4% in the 4th quarter. NewEdge Advisors LLC now owns 124,239 shares of the company’s stock valued at $671,000 after buying an additional 4,073 shares during the period. Finally, VARCOV Co. bought a new stake in shares of BigBear.ai during the fourth quarter worth $240,000. Institutional investors and hedge funds own 7.55% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on BBAI shares. Wall Street Zen cut BigBear.ai from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research note on Friday, July 17th. Finally, Cantor Fitzgerald lowered their price target on BigBear.ai from $5.00 to $4.00 and set a “neutral” rating on the stock in a report on Friday, July 31st. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, BigBear.ai currently has an average rating of “Hold” and a consensus target price of $5.00.

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.