BigBear.ai (NYSE:BBAI) Shares Up 2.8% – Time to Buy?

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares shot up 2.8% during trading on Thursday . The company traded as high as $4.27 and last traded at $4.1950. 51,359,801 shares were traded during trading, an increase of 6% from the average session volume of 48,404,262 shares. The stock had previously closed at $4.08.

Analysts Set New Price Targets

Several research analysts have recently issued reports on BBAI shares. Cantor Fitzgerald reduced their price target on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. HC Wainwright reduced their target price on BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Finally, Wall Street Zen upgraded BigBear.ai from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned 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 $5.50.

BigBear.ai Trading Down 0.1%

The company has a market capitalization of $2.01 billion, a P/E ratio of -4.82 and a beta of 3.25. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.08 and a quick ratio of 6.08. The business’s 50-day moving average price is $3.80 and its two-hundred day moving average price is $4.88.

BigBear.ai (NYSE:BBAI) last issued its quarterly earnings data on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.04. BigBear.ai had a negative return on equity of 16.02% and a negative net margin of 226.69%.The business had revenue of $27.30 million for the quarter, compared to the consensus estimate of $33.31 million. During the same quarter last year, the business posted ($0.43) EPS. The firm’s revenue was down 37.7% compared to the same quarter last year. As a group, analysts forecast that BigBear.ai Holdings, Inc. will post -0.2 EPS for the current fiscal year.

Insider Activity

In related news, Director Dorothy D. Hayes sold 15,000 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $4.11, for a total value of $61,650.00. Following the sale, the director directly owned 204,150 shares of the company’s stock, valued at approximately $839,056.50. The trade was a 6.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Pamela Joyce Braden sold 80,000 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $4.00, for a total value of $320,000.00. Following the completion of the sale, the director owned 508,687 shares in the company, valued at $2,034,748. The trade was a 13.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.57% of the company’s stock.

Institutional Trading of BigBear.ai

A number of institutional investors have recently made changes to their positions in BBAI. Root Financial Partners LLC lifted its position in shares of BigBear.ai by 617.5% in the fourth quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock valued at $29,000 after buying an additional 4,631 shares during the last quarter. CWM LLC raised its stake in BigBear.ai by 237.5% in the 3rd quarter. CWM LLC now owns 4,640 shares of the company’s stock valued at $30,000 after acquiring an additional 3,265 shares during the period. PNC Financial Services Group Inc. lifted its holdings in BigBear.ai by 150.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock valued at $30,000 after purchasing an additional 3,392 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its stake in shares of BigBear.ai by 3,355.6% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock worth $32,000 after buying an additional 4,832 shares during the last quarter. Finally, HM Payson & Co. boosted its holdings in shares of BigBear.ai by 616.9% during the 4th quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock worth $39,000 after buying an additional 6,169 shares during the period. Institutional investors 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.