BigBear.ai Holdings Inc (NYSE: BBAI) Could Post Excellent Profits?

In today’s recent session, 2.55 million shares of the BigBear.ai Holdings Inc (NYSE:BBAI) have been traded, and its beta is 3.17. Most recently the company’s share price was $1.82, and it changed around $0.12 or 7.06% from the last close, which brings the market valuation of the company to $448.16M. BBAI at last check was trading at a discount to its 52-week high of $4.80, offering almost -163.74% off that amount. The share price’s 52-week low was $1.16, which indicates that the recent value has risen by an impressive 36.26% since then. We note from BigBear.ai Holdings Inc’s average daily trading volume that its 10-day average is 7.66 million shares, with the 3-month average coming to 5.44 million.

BigBear.ai Holdings Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended BBAI as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. BigBear.ai Holdings Inc is expected to report earnings per share of -0.05 for the current quarter.

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BigBear.ai Holdings Inc (NYSE:BBAI) trade information

Instantly BBAI has been showing a green trend so far today with a performance of 7.06% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.9700 on recent trading dayincreased the stock’s daily price by 7.61%. The company’s shares are currently down -14.95% year-to-date, but still down -7.14% over the last five days. On the other hand, BigBear.ai Holdings Inc (NYSE:BBAI) is 4.00% up in the 30-day period. We can see from the shorts that 20.61 million shares have been sold at a short interest cover period of 5.08 day(s).

The consensus price target as assigned by Wall Street analysts is $3, which translates to bulls needing to increase their stock price by 39.33% from its current value. Analyst projections state that BBAI is forecast to be at a low of $3 and a high of $3.

BigBear.ai Holdings Inc (BBAI) estimates and forecasts

BigBear.ai Holdings Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 13.75 percent over the past six months and at a -87.50% annual growth rate that is well below the industry average of 12.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 67.86% in revenue this quarter, and will report an increase of 92.54% in the next quarter. The year-over-year growth rate is expected to be 8.64%, up from the previous year.

Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 54.16M in revenue for the current quarter. 1 analysts expect BigBear.ai Holdings Inc to make 43.06M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 40.56M and 33.12M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 33.53%. Forecasts for the next quarter put sales growth at 30.00%.

BBAI Dividends

BigBear.ai Holdings Inc’s next quarterly earnings report is expected to be released on 2025-Mar-05.

BigBear.ai Holdings Inc (NYSE:BBAI)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 56.21% of BigBear.ai Holdings Inc shares, and 9.94% of them are in the hands of institutional investors. The stock currently has a share float of 22.69%. BigBear.ai Holdings Inc stock is held by 128.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 3.49% of the shares, which is about 6.54 million shares worth $9.87 million.

VANGUARD GROUP INC, with 1.664% or 3.12 million shares worth $4.71 million as of 2024-06-30, holds the second largest percentage of outstanding shares.