HC Wainwright Increases Earnings Estimates for BigBear.ai

BigBear.ai Holdings, Inc. (NYSE:BBAI) – Investment analysts at HC Wainwright lifted their FY2025 earnings per share (EPS) estimates for shares of BigBear.ai in a report released on Tuesday, November 11th. HC Wainwright analyst S. Buck now forecasts that the company will earn ($0.08) per share for the year, up from their previous forecast of ($0.29). HC Wainwright has a “Buy” rating and a $8.00 price objective on the stock. The consensus estimate for BigBear.ai’s current full-year earnings is ($0.28) per share.

A number of other research firms have also commented on BBAI. Wall Street Zen raised BigBear.ai from a “strong sell” rating to a “hold” rating in a research note on Saturday. Cantor Fitzgerald reiterated an “overweight” rating and issued a $7.00 target price on shares of BigBear.ai in a research note on Tuesday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $6.33.

BigBear.ai Price Performance

BBAI stock opened at $6.06 on Friday. BigBear.ai has a 12-month low of $1.68 and a 12-month high of $10.36. The company has a market cap of $2.64 billion, a price-to-earnings ratio of -4.26 and a beta of 3.42. The firm has a 50 day moving average of $6.68 and a 200-day moving average of $5.78. The company has a current ratio of 3.13, a quick ratio of 1.91 and a debt-to-equity ratio of 0.18.

BigBear.ai (NYSE:BBAI) last released its quarterly earnings results on Monday, November 10th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.01). The company had revenue of $33.14 million for the quarter, compared to analysts’ expectations of $31.82 million. BigBear.ai had a negative return on equity of 26.11% and a negative net margin of 274.70%.BigBear.ai’s revenue for the quarter was down 20.1% compared to the same quarter last year. During the same quarter last year, the company earned ($0.05) EPS. BigBear.ai has set its FY 2025 guidance at EPS.

Insider Activity at BigBear.ai

In other news, CFO Sean Raymond Ricker sold 11,978 shares of the company’s stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $5.35, for a total value of $64,082.30. Following the completion of the sale, the chief financial officer directly owned 296,345 shares of the company’s stock, valued at approximately $1,585,445.75. This represents a 3.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.54% of the company’s stock.

Institutional Trading of BigBear.ai

Institutional investors have recently made changes to their positions in the stock. Arizona State Retirement System raised its stake in shares of BigBear.ai by 2.2% during the 3rd quarter. Arizona State Retirement System now owns 86,166 shares of the company’s stock worth $562,000 after purchasing an additional 1,823 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in shares of BigBear.ai by 22.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 10,344 shares of the company’s stock worth $70,000 after buying an additional 1,885 shares during the period. Pure Financial Advisors LLC raised its holdings in BigBear.ai by 19.4% in the 3rd quarter. Pure Financial Advisors LLC now owns 12,060 shares of the company’s stock worth $79,000 after acquiring an additional 1,960 shares during the period. Toth Financial Advisory Corp grew its position in shares of BigBear.ai by 20.0% in the third quarter. Toth Financial Advisory Corp now owns 12,000 shares of the company’s stock valued at $78,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Wealthspan Partners LLC lifted its holdings in shares of BigBear.ai by 16.0% during the third quarter. Wealthspan Partners LLC now owns 16,350 shares of the company’s stock worth $107,000 after buying an additional 2,250 shares during the last quarter. 7.55% of the stock is currently owned by institutional investors and hedge funds.

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.