BigBear.ai price target raised to $9 from $6 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on BigBear.ai (BBAI) to $9 from $6 and keeps a Buy rating on the shares. Shares have increased 52.6% through the first six months of 2025, which the firm sees being driven by a combination of new customer and contract momentum as well as favorable underlying secular trends in AI-driven defense and security. The firm expects shares to continue to move higher as the company executes against its current guidance and recommends investors continue to accumulate a position in ahead of improving financial results in the second half and 2026.