Shares of BigBear.ai (BBAI 2.83%) were slammed following its fourth-quarter earnings report, retracing its gains from last month after the company announced an important U.S. Department of Defense (DoD) contract. The stock is now down about 25% on the year.
BigBear.ai Holdings, Inc. (BBAI) reachead $3.18 at the closing of the latest trading day, reflecting a +1.27% change compared to its last close.
Bigbear.ai stock suffers from wider-than-expected loss and a weak 2025 outlook despite securing key government AI contracts.
MCLEAN, Va.--(BUSINESS WIRE)--BigBear.ai (NYSE: BBAI), a leading provider of AI-powered decision intelligence solutions for defense and national security, today announced that the U.S. Department of Defense (DoD) has awarded the company a 3.5-year, $13.2M sole source contract to support the Chairman of the Joint Chiefs of Staff's (CJCS) Directorate for Force Management (J-35). BigBear.ai will deliver and maintain the DoD Joint Staff J-35's ORION Decision Support Platform (DSP) which provides au.
HC Wainwright analyst Scott Buck reiterated the Buy rating on BigBear.ai BBAI, lowering the price forecast to $6 from $7.
BigBear.ai Holdings (BBAI -22.86%) stock collapsed in a 24% rout (through 10:35 a.m. ET) this morning after missing badly on both the top and bottom lines last night.
The stock fell by over 12% during the day on March 6, 2025, in anticipation of the earnings release and continued to decline in the aftermarket, reaching a total drop of close to 25%. This extended the company's losses to over 35% since mid-February, reversing a significant rally from earlier in the year.
Artificial intelligence (AI) has transformed from a behind-the-scenes technology to an essential part of our daily experience. While earlier AI milestones -- like DeepMind's AlphaGo victory over the world Go champion in 2016 -- created temporary public interest, they didn't fundamentally change how most people interacted with technology.
BigBear.ai Holdings, Inc. (BBAI) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.14 per share a year ago.
MCLEAN, Va.--(BUSINESS WIRE)--BigBear.ai Holdings, Inc. (NYSE: BBAI) (“BigBear.ai” or the “Company”), a leader in AI-powered decision intelligence solutions, today announced financial results for the fourth quarter of 2024 and issued an investor presentation that has been posted to the Investor Relations section of the Company's website. “2024 was a pivotal year for the business. We demonstrated momentum through major contract wins, expanding our backlog and growing our pipeline, maturing our t.