BigBear.ai Holdings, Inc. (NYSE:BBAI) Receives $6.33 Average Price Target from Brokerages

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) have earned an average recommendation of “Hold” from the five ratings firms that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $6.3333.

Several equities research analysts have weighed in on BBAI shares. HC Wainwright reissued a “buy” rating and issued a $8.00 price target on shares of BigBear.ai in a report on Tuesday, November 11th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $7.00 price objective on shares of BigBear.ai in a research report on Tuesday, November 11th. Wall Street Zen raised shares of BigBear.ai from a “strong sell” rating to a “hold” rating in a research report on Saturday, November 15th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, October 8th.

Insiders Place Their Bets

In related news, Director Dorothy D. Hayes sold 22,000 shares of BigBear.ai stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $6.08, for a total transaction of $133,760.00. Following the completion of the sale, the director owned 236,150 shares of the company’s stock, valued at $1,435,792. The trade was a 8.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 owned 296,345 shares in the company, valued at approximately $1,585,445.75. This represents a 3.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.54% of the company’s stock.

Institutional Trading of BigBear.ai

Several large investors have recently made changes to their positions in BBAI. CIBC Bancorp USA Inc. purchased a new position in shares of BigBear.ai during the third quarter worth $201,000. Captrust Financial Advisors grew its position in BigBear.ai by 23.8% during the 3rd quarter. Captrust Financial Advisors now owns 1,865,214 shares of the company’s stock worth $12,161,000 after purchasing an additional 358,292 shares during the period. Kestra Private Wealth Services LLC purchased a new position in shares of BigBear.ai during the 3rd quarter valued at about $100,000. NewEdge Advisors LLC raised its stake in shares of BigBear.ai by 51.4% during the 3rd quarter. NewEdge Advisors LLC now owns 120,166 shares of the company’s stock valued at $783,000 after buying an additional 40,790 shares during the last quarter. Finally, Prelude Capital Management LLC acquired a new position in shares of BigBear.ai in the 3rd quarter valued at about $160,000. 7.55% of the stock is owned by hedge funds and other institutional investors.

BigBear.ai Stock Up 16.0%

NYSE:BBAI opened at $6.27 on Friday. The company’s 50-day simple moving average is $6.78 and its 200-day simple moving average is $5.90. The company has a debt-to-equity ratio of 0.18, a quick ratio of 3.13 and a current ratio of 3.13. BigBear.ai has a fifty-two week low of $2.02 and a fifty-two week high of $10.36. The stock has a market capitalization of $2.73 billion, a P/E ratio of -4.41 and a beta of 3.42.

BigBear.ai (NYSE:BBAI) last issued its quarterly earnings results on Monday, November 10th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.01). The business had revenue of $33.14 million for the quarter, compared to analyst estimates of $31.82 million. BigBear.ai had a negative return on equity of 26.11% and a negative net margin of 274.70%.The business’s revenue for the quarter was down 20.1% on a year-over-year basis. During the same period in the previous year, the company posted ($0.05) earnings per share. BigBear.ai has set its FY 2025 guidance at EPS. On average, equities analysts anticipate that BigBear.ai will post -0.28 earnings per share for the current fiscal 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.