BigBearai Holdings (BBAI) Stock

BigBear.ai (BBAI -7.48%), a developer of AI-oriented analytics tools, went public three years go by merging with a special purpose acquisition company (SPAC). The combined company's stock started trading at $9.84 a share, closed at a record high of $12.69 on April 13, 2022, but sank below $1 by the end of the year.

Last year was a wild ride for folks holding shares of BigBear.ai (BBAI -7.48%) stock. Unbridled enthusiasm for the artificial intelligence (AI) industry drove it through the roof last March, but the stock fell hard from its peak.

Data analytics expert BigBear.ai (BBAI -7.48%) has been soaring in 2024. On the morning of New Year's Eve, the stock was up by 128% in 52 weeks.

One of the more assertive analyst price target raises happened at nearly the end of 2024. The affected company was artificial intelligence (AI) specialist BigBear.ai (BBAI -7.48%), which popped to a more than one-year high on the news.

BigBear.ai (BBAI 19.30%) stock is surging in Thursday's trading. The company's share price was up 19.3% as of 3:45 p.m.

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The artificial intelligence market had a banner year in 2024, growing to $184 billion from $136 billion in 2023. The industry is forecast to continue expanding, reaching $827 billion by 2030.

BigBear.ai (BBAI 10.28%) stock posted big gains over the last week of trading. The company's share price ended Friday's daily trading session up 23.4% from the previous week's market close, according to data from S&P Global Market Intelligence.

Here is how BigBear.ai Holdings, Inc. (BBAI) and Ooma (OOMA) have performed compared to their sector so far this year.