In Monday’s Wall Street session, BigBear.ai Holdings Inc (NYSE:BBAI) shares traded at $3.14, down -5.99% from the previous session.
BBAI stock price is now -39.44% away from the 50-day moving average and 21.86% away from the 200-day moving average. The market capitalization of the company currently stands at $894.48M.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target enhanced from $2.50 to $4, Northland Capital Downgraded its rating from Outperform to Market Perform for BigBear.ai Holdings Inc (NYSE: BBAI). On December 30, 2024, H.C. Wainwright reiterated its ‘Buy’ rating on the stock by increasing its target price from $3 to quote $7, while ‘Cantor Fitzgerald’ rates the stock as ‘Overweight’
In other news, PANGIAM ULTIMATE HOLDINGS, LLC, Shareholder bought 3,137,293 shares of the company’s stock on Mar 10 ’25. The stock was bought for $10,478,559 at an average price of $3.34. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 10 ’25, Director PANGIAM ULTIMATE HOLDINGS, LLC sold 3,137,293 shares of the business’s stock. A total of $10,541,304 was realized by selling the stock at an average price of $3.36. This leaves the insider owning 40,479,406 shares of the company worth $127.11 million. A total of 21.62% of the company’s stock is owned by insiders.
During the past 12 months, BigBear.ai Holdings Inc has had a low of $1.16 and a high of $10.36.
The net profit margin was -162.48% and return on equity was -738.19% for BBAI. The company reported revenue of $41.51 million for the quarter, compared to $33.99 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 22.12 percent.
