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

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) have been given an average recommendation of “Hold” by the five research firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $6.00.

Several research analysts have recently issued reports on the company. HC Wainwright reduced their price objective on BigBear.ai from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Tuesday, August 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research report on Saturday, September 27th.

Insider Activity

In related news, CFO Sean Raymond Ricker sold 11,978 shares of the firm’s stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $5.35, for a total transaction of $64,082.30. Following the completion of the transaction, the chief financial officer owned 296,345 shares of the company’s stock, valued at $1,585,445.75. This trade represents a 3.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.10% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Steward Partners Investment Advisory LLC raised its position in BigBear.ai by 22.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 10,344 shares of the company’s stock valued at $70,000 after acquiring an additional 1,885 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of BigBear.ai by 11.1% during the 2nd quarter. Janney Montgomery Scott LLC now owns 23,320 shares of the company’s stock valued at $158,000 after purchasing an additional 2,325 shares in the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of BigBear.ai by 68.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 6,222 shares of the company’s stock valued at $42,000 after purchasing an additional 2,527 shares in the last quarter. Allworth Financial LP increased its holdings in shares of BigBear.ai by 36.6% during the 2nd quarter. Allworth Financial LP now owns 9,765 shares of the company’s stock valued at $66,000 after purchasing an additional 2,615 shares in the last quarter. Finally, J.W. Cole Advisors Inc. increased its holdings in shares of BigBear.ai by 3.1% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 114,035 shares of the company’s stock valued at $774,000 after purchasing an additional 3,405 shares in the last quarter. 7.55% of the stock is currently owned by hedge funds and other institutional investors.

BigBear.ai Trading Down 3.0%

NYSE BBAI opened at $7.46 on Friday. The stock has a market cap of $2.76 billion, a P/E ratio of -5.18 and a beta of 3.43. The company has a current ratio of 1.91, a quick ratio of 1.91 and a debt-to-equity ratio of 0.42. The company has a fifty day simple moving average of $6.08 and a two-hundred day simple moving average of $4.99. BigBear.ai has a 12-month low of $1.48 and a 12-month high of $10.36.

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

About BigBear.ai

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.