BigBearai Holdings (BBAI) AI Stock Analysis

• Market Cap: $2.48B
• Dividend Yield: N/A
• Average Volume (3M): 136.98M
• Price to Earnings (P/E): ―
• Beta (1Y): 3.39
• Revenue Growth: 3.46%
• EPS Growth: -74.21%
• Country: US
• Employees: 630
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): -0.03
• Shares Outstanding: 436,518,920
• 10 Day Avg. Volume: 136,738,912
• 30 Day Avg. Volume: 136,975,955
• PEG Ratio: -0.02
• Price to Book (P/B): -279.90
• Price to Sales (P/S): 6.57
• P/FCF Ratio: -26.93
• Enterprise Value/Market Cap: 0.77
• Enterprise Value/Revenue: 12.44
• Enterprise Value/Gross Profit: 44.49
• Enterprise Value/Ebitda: -11.09
• 1Y Price Target: $5.83
• Price Target Upside: 2.64% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: $6.00 ▲(5.63% Upside)

BigBearai Holdings' overall stock score is primarily impacted by its poor financial performance, characterized by declining revenue and negative profitability. Technical indicators and valuation metrics further reflect challenges, while the earnings call provides some optimism through strategic opportunities in AI and international markets. However, these are overshadowed by financial struggles and contract disruptions.

Positive Factors

Strong Cash Position

A strong cash position enhances financial flexibility, allowing BigBear.ai to invest in growth opportunities and weather financial challenges.

Strategic Partnerships

International partnerships expand market reach and diversify revenue streams, positioning BigBear.ai for long-term growth in global markets.

Market Position in Biometric Solutions

Being a market standard in biometric solutions strengthens BigBear.ai's competitive advantage and supports sustained revenue from established deployments.

Negative Factors

Revenue Decline

Declining revenue due to contract disruptions indicates potential instability in core operations, affecting long-term financial health.

Negative Profitability Margins

Negative profitability margins highlight operational inefficiencies and financial struggles, impacting BigBear.ai's ability to generate sustainable profits.

Goodwill Impairment Charge

The goodwill impairment charge reflects reduced future cash flow expectations, indicating potential overvaluation of past acquisitions and affecting asset value.

BigBearai Holdings Business Overview & Revenue Model

Company Description

BigBear.ai Holdings, Inc. provides artificial intelligence and machine learning for decision support. The company operates through two segments, Cyber & Engineering and Analytics. The Cyber & Engineering segment offers high-end technology and management consulting services. It focuses in the areas of cloud engineering and enterprise IT, cybersecurity, computer network operations and wireless, systems engineering, and strategy and program planning. The Analytics segment provides high-end technology and consulting services. This segment focuses on the areas of big data computing and analytical solutions, including predictive and prescriptive analytics solutions. Its solutions assist customers in aggregating, interpreting, and synthesizing data to enable real-time decision-making capabilities. The company is headquartered in Columbia, Maryland.

How the Company Makes Money

BigBearai generates revenue through a combination of government contracts and commercial partnerships. A significant portion of its earnings comes from providing AI-driven analytics solutions to defense and intelligence agencies, which typically involve long-term contracts and ongoing support services. In addition, BBAI collaborates with private sector companies to offer customized data analytics solutions, contributing to its revenue stream. The company also invests in research and development to innovate its product offerings, which can lead to new revenue opportunities and partnerships in emerging markets.

BigBearai Holdings Financial Statement Overview

Summary

BigBearai Holdings faces significant financial challenges with declining revenue, negative profitability margins, and cash flow issues. The balance sheet shows manageable leverage but past negative equity raises concerns about financial stability.

Income Statement

BigBearai Holdings has experienced declining revenue growth, with a negative growth rate in the TTM period. The company shows negative profitability margins, including gross, net, EBIT, and EBITDA margins, indicating operational challenges and inefficiencies. The consistent negative net income and declining revenue growth highlight significant financial struggles.

Balance Sheet

The company's balance sheet shows a low debt-to-equity ratio in the TTM period, suggesting manageable leverage. However, the return on equity is negative, indicating that the company is not generating profits from its equity base. The equity ratio is not explicitly calculated, but the negative stockholders' equity in previous periods suggests potential financial instability.

Cash Flow

BigBearai Holdings has negative operating and free cash flows, with a declining free cash flow growth rate. The operating cash flow to net income ratio is negative, indicating cash flow challenges. The free cash flow to net income ratio is above 1, suggesting that the company is generating more free cash flow relative to its net income, but the overall cash flow situation remains weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	152.56M	158.24M	155.16M	155.01M	145.58M	91.32M
Gross Profit	42.67M	45.22M	40.60M	42.99M	34.07M	21.68M
EBITDA	-171.13M	-258.28M	-38.10M	-101.02M	-107.44M	6.61M
Net Income	-410.81M	-257.09M	-60.37M	-121.67M	-123.55M	-34.10K
Balance Sheet
Total Assets	599.37M	343.78M	199.91M	195.31M	383.32M	218.37M
Cash, Cash Equivalents and Short-Term Investments	390.85M	50.14M	32.56M	12.63M	68.90M	9.70M
Total Debt	9.96M	146.41M	200.59M	200.28M	194.60M	106.99M
Total Liabilities	332.82M	347.49M	267.25M	233.18M	260.95M	117.97M
Stockholders Equity	266.55M	-3.71M	-67.33M	-37.87M	122.37M	100.40M
Cash Flow
Free Cash Flow	-39.72M	-38.60M	-18.31M	-49.69M	-20.43M	922.00K
Operating Cash Flow	-31.91M	-38.12M	-18.31M	-48.92M	-19.78M	1.20M
Investing Cash Flow	-10.51M	2.82M	-3.83M	-5.23M	-863.00K	-184.99M
Financing Cash Flow	361.32M	52.46M	42.06M	-103.14M	180.86M	192.22M

BigBearai Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.68
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BBAI, the sentiment is Negative. The current price of 5.68 is below the 20-day moving average (MA) of 7.01, below the 50-day MA of 6.56, and above the 200-day MA of 5.32, indicating a neutral trend. The MACD of -0.30 indicates Positive momentum. The RSI at 38.08 is Neutral, neither overbought nor oversold. The STOCH value of 17.02 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BBAI.

BigBearai Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GLOB	75 Outperform	$2.67B	24.07	5.66%	―	8.66%	-35.78%
ASGN	66 Neutral	$1.87B	14.73	7.25%	―	-4.86%	-25.15%
DXC	62 Neutral	$2.29B	6.50	12.33%	―	-4.13%	2143.48%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
CLVT	49 Neutral	$2.28B	―	-7.60%	―	-2.96%	71.30%
AI	45 Neutral	$2.14B	―	-40.94%	―	14.34%	-13.27%
BBAI	44 Neutral	$2.48B	―	-222.48%	―	3.46%	-74.21%

BigBearai Holdings Corporate Events

BigBear.ai Appoints Sean Ricker as CFO

On October 14, 2025, BigBear.ai Holdings, Inc. announced the appointment of Sean R. Ricker as Chief Financial Officer. Mr. Ricker, who has been serving as interim CFO since June 2025, will receive a compensation package that includes a base salary of $420,000, eligibility for an annual bonus, and a retention award of 200,000 Restricted Stock Units. His previous roles within the company include Chief Accounting Officer and Corporate Controller.

The most recent analyst rating on (BBAI) stock is a Hold with a $5.50 price target. To see the full list of analyst forecasts on BigBearai Holdings stock, see the BBAI Stock Forecast page.

BigBear.Ai’s Earnings Call: Strategic Gains Amid Financial Challenges

The recent earnings call for BigBear.Ai Holdings, Inc. painted a picture of mixed sentiment, highlighting both strategic opportunities and financial challenges. While the company showcased its strong market positioning, particularly in AI and international partnerships, these positives were counterbalanced by issues such as a decline in revenue, contract disruptions, and a negative adjusted EBITDA, resulting in an overall neutral sentiment.

BigBear.ai Appoints Anthony Evangelista to Board

On August 12, 2025, BigBear.ai Holdings, Inc. announced the election of Anthony Evangelista to its Board of Directors, Audit Committee, and Compensation Committee. Mr. Evangelista, a retired partner from PriceWaterhouseCooper, brings extensive financial services experience to the role. His appointment is expected to enhance the company’s governance and oversight capabilities, potentially impacting its strategic direction and stakeholder relations positively.

The most recent analyst rating on (BBAI) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on BigBearai Holdings stock, see the BBAI Stock Forecast page.

BigBear.ai Reports Q2 2025 Results and Growth Plans

BigBear.ai Holdings, Inc. is a prominent provider of AI-powered decision intelligence solutions, primarily serving sectors such as national security, defense, and enterprise. The company is known for its predictive analytics capabilities in complex, mission-based environments.