BigBear.ai (NYSE:BBAI) Trading Down 5.6% – Here’s Why

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s share price was down 5.6% on Tuesday . The company traded as low as $2.95 and last traded at $2.9550. Approximately 4,716,874 shares were traded during trading, a decline of 88% from the average session volume of 40,903,934 shares. The stock had previously closed at $3.13.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on BBAI shares. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a report on Friday, July 17th. Cantor Fitzgerald decreased their price target on BigBear.ai from $5.00 to $4.00 and set a “neutral” rating for the company in a report on Friday, July 31st. Finally, Wall Street Zen lowered shares of BigBear.ai from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. One 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. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $5.00.

BigBear.ai Stock Up 0.2%

The company has a quick ratio of 5.67, a current ratio of 5.67 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $1.42 billion, a PE ratio of -14.07 and a beta of 3.35. The firm’s fifty day moving average is $3.14 and its 200-day moving average is $3.67.

BigBear.ai (NYSE:BBAI) last announced its quarterly earnings data on Thursday, July 30th. The company reported ($0.05) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.05). The company had revenue of $36.75 million for the quarter, compared to analyst estimates of $36.37 million. BigBear.ai had a negative return on equity of 13.44% and a negative net margin of 65.20%.The firm’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.71) EPS. On average, equities research analysts predict that BigBear.ai Holdings, Inc. will post -0.22 earnings per share for the current year.

Institutional Investors Weigh In On BigBear.ai

A number of hedge funds and other institutional investors have recently bought and sold shares of BBAI. Invesco Ltd. increased its holdings in shares of BigBear.ai by 26.4% in the 1st quarter. Invesco Ltd. now owns 26,728 shares of the company’s stock valued at $76,000 after purchasing an additional 5,579 shares in the last quarter. AQR Capital Management LLC acquired a new position in BigBear.ai during the first quarter worth $88,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of BigBear.ai by 54.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 456,661 shares of the company’s stock valued at $1,306,000 after buying an additional 160,096 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of BigBear.ai by 441.1% in the 1st quarter. NewEdge Advisors LLC now owns 74,318 shares of the company’s stock worth $213,000 after buying an additional 60,583 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of BigBear.ai by 569.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,340,713 shares of the company’s stock worth $6,694,000 after buying an additional 1,990,822 shares in the last quarter. Institutional investors and hedge funds 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.