BigBear.ai (NYSE:BBAI) Announces Earnings Results

BigBear.ai (NYSE:BBAI) posted its quarterly earnings results on Monday. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.01), Briefing.com reports. BigBear.ai had a negative net margin of 65.20% and a negative return on equity of 13.44%. The company had revenue of $36.75 million during the quarter, compared to analysts’ expectations of $36.37 million. During the same quarter last year, the company earned ($0.71) earnings per share. BigBear.ai’s revenue for the quarter was up 12.9% on a year-over-year basis.

BigBear.ai Trading Down 0.9%

Shares of BigBear.ai stock opened at $3.24 on Tuesday. The company has a current ratio of 5.67, a quick ratio of 5.67 and a debt-to-equity ratio of 0.01. The company has a fifty day simple moving average of $3.48 and a 200-day simple moving average of $3.91. The stock has a market cap of $1.55 billion, a price-to-earnings ratio of -15.43 and a beta of 3.35. BigBear.ai has a 12-month low of $2.59 and a 12-month high of $9.39.

Analyst Ratings Changes

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

Insider Activity

In related news, CFO Sean Raymond Ricker sold 10,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $4.33, for a total value of $43,300.00. Following the completion of the sale, the chief financial officer directly owned 609,256 shares of the company’s stock, valued at $2,638,078.48. This represents a 1.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.57% of the company’s stock.

Institutional Trading of BigBear.ai

Several institutional investors and hedge funds have recently bought and sold shares of the business. PNC Financial Services Group Inc. grew its holdings in shares of BigBear.ai by 150.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock worth $30,000 after buying an additional 3,392 shares during the last quarter. HM Payson & Co. grew its stake in shares of BigBear.ai by 616.9% in the 4th quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock valued at $39,000 after purchasing an additional 6,169 shares during the last quarter. Hodges Capital Management Inc. acquired a new position in shares of BigBear.ai in the fourth quarter valued at approximately $54,000. Arete Wealth Advisors LLC acquired a new position in shares of BigBear.ai in the fourth quarter valued at approximately $64,000. Finally, Quadrature Capital Ltd purchased a new stake in shares of BigBear.ai during the fourth quarter worth approximately $69,000. Hedge funds and other institutional investors own 7.55% of the company’s stock.

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.