BigBear.ai Holdings Inc. (BBAI) Price Targets: What Do They Mean?

As of Friday close, BigBear.ai Holdings Inc.’s (NYSE:BBAI) stock was up $0.29, moving up 12.03 percent to $2.70. The average number of shares traded per day over the past five days has been 2,386,780 shares. 2 times new highs have been achieved over the past 5 days, with a $0.16 gain in that time frame. In the last twenty days, the average volume was 722,740, while in the previous 50 days, it was 423,578.

Since last month, BBAI stock retreated -25.82%. Shares of the company fell to $2.33 on 08/04/22, the lowest level in the past month. A 52-week high of $16.12 was reached on 04/06/22 after having rallying from a 52-week low of $2.33. Since the beginning of this year, BBAI’s stock price has dropped by -52.30% or -$2.96, and marked a new high 13 times. However, the stock has declined by -83.25% since its 52-week high.


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Financial Health

In the three months ended March 30, BigBear.ai Holdings Inc.’s quick ratio stood at 3.20, while its current ratio was 3.20, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 3.81, and the total debt-to-equity ratio was 3.87. On the profitability front, the trailing twelve-month gross margin is 24.10% percent. Based on annual data, BBAI earned $34.07 million in gross profit and brought in $145.58 million in revenue.

In BigBear.ai Holdings Inc.’s quarter-end financial report for March 30, it reported total debt of $190.85 million. BBAI’s revenue rose 216.87% during the quarter, while net income inched up to $36.39 million. While analysts expected BigBear.ai Holdings Inc. to report -$0.07 quarterly earnings, the actual figure was -$0.14 per share. During the quarter, the company generated -$14.13 million in EBITDA. The liabilities of BigBear.ai Holdings Inc. were 221.77 million at the end of its most recent quarter ended March 30, and its total debt was $193.93 million. The value of shareholders’ equity is $126.26 million.

Technical Picture

This quick technical analysis looks at BigBear.ai Holdings Inc.’s (BBAI) price momentum. With a historical volatility rate of 77.87%, the RSI 9-day stood at 39.38% on 05 August.

With respect to its five-day moving average, the current BigBear.ai Holdings Inc. price is up by +6.30% percent or $0.16. At present, BBAI shares trade -26.83% below its 20-day simple moving average and -68.16% percent below its 100-day simple moving average. However, the stock is currently trading approximately -55.81% below its SMA50 and -72.81% below its SMA200.

Stochastic coefficient K was 9.54% and Stochastic coefficient D was 7.44%, while ATR was 0.43. Given the Stochastic reading of 18.41% for the 14-day period, the RSI (14) reading has been calculated as 33.00%. As of today, the MACD Oscillator reading stands at -0.08, while the 14-day reading stands at -0.30.

Analyst Ratings

Oppenheimer launched its rating on BigBear.ai Holdings Inc. (NYSE: BBAI) to an Outperform in a note to investors on March 28, 2022. BigBear.ai Holdings Inc. (BBAI) has been rated Overweight by analysts. According to 0 brokerage firms, BBAI is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate BigBear.ai Holdings Inc. stock as buy, with 2 recommending it as overweight.

With a median target price of $13.25, the current consensus forecast for the stock is $12.50 – $14.00. Based on these forecasts, analysts predict BigBear.ai Holdings Inc. (BBAI) will achieve an average price target of $13.25.

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