BigBear.ai Holdings Inc (NYSE: BBAI) Has Grown 426.49% So Far This Year. Does That Mean Trouble Ahead?

During the last session, BigBear.ai Holdings Inc (NYSE:BBAI)’s traded shares were 152.1 million, with the beta value of the company hitting 2.88. At the end of the trading day, the stock’s price was $9.74, reflecting an intraday gain of 21.75% or $1.74. The 52-week high for the BBAI share is $9.70, that puts it up 0.41 from that peak though still a striking 88.09% gain since the share price plummeted to a 52-week low of $1.16. The company’s market capitalization is $2.45B, and the average intraday trading volume over the past 10 days was 117.04 million shares, and the average trade volume was 52.30 million shares over the past three months.

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

BigBear.ai Holdings Inc (BBAI) registered a 21.75% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 21.75% in intraday trading to $9.74, hitting a weekly high. The stock’s 5-day price performance is 36.99%, and it has moved by 226.85% in 30 days. Based on these gigs, the overall price performance for the year is 426.49%. The short interest in BigBear.ai Holdings Inc (NYSE:BBAI) is 39.13 million shares and it means that shorts have 1.09 day(s) to cover.

The consensus price target of analysts on Wall Street is $3, which implies a decrease of -224.67% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3 and $3 respectively. As a result, BBAI is trading at a premium of 69.2% off the target high and 69.2% off the low.

BigBear.ai Holdings Inc (BBAI) estimates and forecasts

In the rating firms’ projections, revenue will increase 8.93% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 54.62M as predicted by 4 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 40.24M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 40.56M and 33.12M respectively. In this case, analysts expect current quarter sales to grow by 34.65% and then jump by 21.50% in the coming quarter.

While earnings are projected to return -87.50% in 2025.

BBAI Dividends

BigBear.ai Holdings Inc is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 3.12 million shares, is of VANGUARD GROUP INC’s that is approximately 1.664% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $4.71 million.