Cantor Fitzgerald downgraded BigBear.ai (BBAI) to Neutral from Overweight with a price target of $6, down from $7. Mear-term fundamentals remain pressured, with revenue down 20.1% year over year in Q3, driven by federal program disruptions, and execution risk remains elevated given BigBear.ai’s reliance on lumpy government contracts, contributing to continued operating losses and margin pressure, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BBAI:
- BigBear.ai downgraded to Neutral from Overweight at Cantor Fitzgerald
- BigBearai Holdings call volume above normal and directionally bullish
- BigBear.ai Stock (BBAI) Rallies 8% — Will the Upward Momentum Continue in 2026?
- BigBear.ai Announces Major Convertible Notes Debt Redemption
- Moderately bullish activity in BigBearai Holdings with shares up 8.06%