Brokerages Set BigBear.ai Holdings, Inc. (NYSE:BBAI) Target Price at $6.00

BigBear.ai Holdings, Inc. (NYSE:BBAI) has been given an average recommendation of “Hold” by the five research firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $6.00.

Several equities research analysts recently weighed in on the company. HC Wainwright restated a “buy” rating and issued a $8.00 target price on shares of BigBear.ai in a report on Tuesday, November 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research report on Wednesday, October 8th. Wall Street Zen cut shares of BigBear.ai from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, Cantor Fitzgerald downgraded shares of BigBear.ai from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $7.00 to $6.00 in a report on Wednesday, January 7th.

Insider Activity

In other news, CFO Sean Raymond Ricker sold 5,000 shares of BigBear.ai stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $7.06, for a total value of $35,300.00. Following the transaction, the chief financial officer directly owned 488,716 shares in the company, valued at approximately $3,450,334.96. The trade was a 1.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Dorothy D. Hayes sold 22,000 shares of the stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $6.08, for a total value of $133,760.00. Following the sale, the director owned 236,150 shares of the company’s stock, valued at approximately $1,435,792. The trade was a 8.52% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On BigBear.ai

Institutional investors and hedge funds have recently bought and sold shares of the stock. CWM LLC boosted its holdings 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 purchasing an additional 3,265 shares during the period. Hazlett Burt & Watson Inc. lifted its stake in shares of BigBear.ai by 3,355.6% in the third quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock valued at $32,000 after buying an additional 4,832 shares during the period. Nisa Investment Advisors LLC grew its position in BigBear.ai by 68.4% during the second quarter. Nisa Investment Advisors LLC now owns 6,222 shares of the company’s stock worth $42,000 after buying an additional 2,527 shares in the last quarter. Hantz Financial Services Inc. grew its position in BigBear.ai by 2,242.9% during the third quarter. Hantz Financial Services Inc. now owns 8,200 shares of the company’s stock worth $53,000 after buying an additional 7,850 shares in the last quarter. Finally, Amalgamated Bank increased its stake in BigBear.ai by 163.2% during the third quarter. Amalgamated Bank now owns 9,377 shares of the company’s stock valued at $61,000 after acquiring an additional 5,814 shares during the period. Institutional investors own 7.55% of the company’s stock.

BigBear.ai Trading Down 3.4%

Shares of NYSE:BBAI opened at $6.09 on Friday. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $2.66 billion, a PE ratio of -4.29 and a beta of 3.46. BigBear.ai has a 1 year low of $2.36 and a 1 year high of $10.36. The firm has a fifty day moving average price of $6.06 and a 200 day moving average price of $6.43.

BigBear.ai (NYSE:BBAI) last posted its earnings results on Monday, November 10th. The company reported ($0.07) earnings per share 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 the consensus estimate of $31.82 million. BigBear.ai had a negative net margin of 274.70% and a negative return on equity of 26.11%. BigBear.ai’s quarterly revenue was down 20.1% on a year-over-year basis. During the same quarter last year, the business earned ($0.05) earnings per share. Analysts expect that BigBear.ai will post -0.28 EPS for the current fiscal year.

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.