HC Wainwright Cuts BigBear.ai (NYSE:BBAI) Price Target to $6.00

BigBear.ai (NYSE:BBAI) had its price objective trimmed by HC Wainwright from $8.00 to $6.00 in a research note issued to investors on Tuesday morning,Benzinga reports. The firm currently has a buy rating on the stock. HC Wainwright also issued estimates for BigBear.ai’s Q1 2026 earnings at ($0.05) EPS, Q2 2026 earnings at ($0.05) EPS, Q3 2026 earnings at ($0.05) EPS, Q4 2026 earnings at ($0.05) EPS, FY2026 earnings at ($0.21) EPS and FY2027 earnings at ($0.19) EPS.

Several other research firms also recently weighed in on BBAI. Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, January 21st. Wall Street Zen lowered shares of BigBear.ai from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. Finally, Cantor Fitzgerald cut shares of BigBear.ai from an “overweight” rating to a “neutral” rating and lowered their price target for the stock from $7.00 to $6.00 in a research report on Wednesday, January 7th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $5.00.

BigBear.ai Stock Up 5.5%

Shares of NYSE BBAI opened at $4.04 on Tuesday. BigBear.ai has a 52-week low of $2.36 and a 52-week high of $9.39. The firm has a market capitalization of $1.92 billion, a price-to-earnings ratio of -4.04 and a beta of 3.49. The stock has a 50 day moving average price of $5.08 and a 200 day moving average price of $5.86. The company has a debt-to-equity ratio of 0.16, a quick ratio of 3.13 and a current ratio of 1.78.

BigBear.ai (NYSE:BBAI) last released its quarterly earnings data on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.04. BigBear.ai had a negative return on equity of 18.22% and a negative net margin of 230.21%.The company had revenue of $27.30 million for the quarter, compared to the consensus estimate of $33.31 million. During the same period last year, the business posted ($0.43) EPS. BigBear.ai’s quarterly revenue was down 37.7% on a year-over-year basis. Sell-side analysts expect that BigBear.ai will post -0.28 earnings per share for the current year.

Institutional Trading of BigBear.ai

Institutional investors have recently modified their holdings of the company. Wedbush Securities Inc. purchased a new position in BigBear.ai during the second quarter worth approximately $1,669,000. Swiss National Bank raised its stake in shares of BigBear.ai by 51.1% during the 2nd quarter. Swiss National Bank now owns 552,100 shares of the company’s stock worth $3,749,000 after buying an additional 186,600 shares during the period. XTX Topco Ltd lifted its position in shares of BigBear.ai by 980.7% during the 2nd quarter. XTX Topco Ltd now owns 368,938 shares of the company’s stock valued at $2,505,000 after buying an additional 334,799 shares in the last quarter. PFG Investments LLC purchased a new position in shares of BigBear.ai during the 3rd quarter valued at approximately $1,593,000. Finally, JPMorgan Chase & Co. grew its stake in BigBear.ai by 3,252.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,398,419 shares of the company’s stock valued at $16,285,000 after acquiring an additional 2,326,883 shares during the period. 7.55% of the stock is currently owned by institutional investors.

BigBear.ai News Roundup

Here are the key news stories impacting BigBear.ai this week:

• Positive Sentiment: Company reported a large cash build and dramatic debt reduction (reported $462M cash & investments and ~90% debt cut), improving near-term solvency and reducing near-term financing risk. BigBear.ai Strengthens Balance Sheet
• Positive Sentiment: Strategic acquisitions (Ask Sage, Cargo Seer) add FedRAMP access, recurring revenue potential and border-control/computer-vision capabilities that support longer-term government contract growth. MarketBeat: Smart Money Buying
• Positive Sentiment: Some analysts raised near-term estimates or maintained bullish views: Northland nudged several FY/Q estimates modestly higher, and HC Wainwright still carries a Buy rating with a $6 target — evidence of at least some street confidence in recovery potential. HC Wainwright Note
• Neutral Sentiment: Institutional accumulation and reduced short seller headwinds were flagged by market commentary — could support rallies but also leaves the stock vulnerable to volatile squeezes. MarketBeat Institutional Notes
• Neutral Sentiment: Analyst model churn: some firms trimmed FY estimates while keeping higher price targets, producing mixed bench of guidance changes rather than a clear consensus. Forbes: What’s Happening With BBAI
• Negative Sentiment: Q4 revenue missed expectations sharply — $27.3M vs. ~$33.3M consensus and a ~37.7% YoY decline — driven by lower Army program volume; investors sold on the top-line miss despite an EPS beat. Yahoo Finance: Revenues Slump
• Negative Sentiment: Analyst downgrades and pessimistic forecasts (Cantor Fitzgerald and others) amplified the sell-off and increased near-term downside risk; coverage remains thin and mixed. Cantor Fitzgerald Forecast Trading Down After Downgrade
• Negative Sentiment: Valuation and execution doubts remain: some analysts and commentary (Seeking Alpha) argue the stock still trades at a premium to achievable fundamentals, keeping upside conditional on revenue recovery and contract execution. Seeking Alpha: Remains Expensive

About BigBear.ai

BigBear.ai is a provider of artificial intelligence (AI) and data analytics solutions designed to deliver actionable insights for public sector and commercial clients. Headquartered in Columbia, Maryland, the company specializes in advanced analytics, machine learning, predictive modeling and network analysis to support decision-making in complex, data-rich environments. Its clientele spans defense and intelligence agencies, civil government organizations and enterprise businesses seeking to enhance mission outcomes and operational efficiency.

The company’s flagship offerings include an AI-driven analytics platform that integrates data engineering, algorithm development and visualization tools.