BBAI Stock Summary and Trading Ideas (Bigbear.Ai Hldgs | NYSE:BBAI)

BigBear.ai Holdings Inc is a technology-led solutions organization, that provides both software and services to its customers. Its AI-powered decision intelligence solutions are leveraged in three markets; supply chains & logistics, autonomous systems, and cybersecurity. It operates in two segments; Cyber & Engineering segment and Analytics segment.

Bigbear.Ai Hldgs trades on the NYSE stock market under the symbol BBAI.

As of May 7, 2024, BBAI stock price declined to $1.48 with 2,955,801 million shares trading.

BBAI has a beta of 3.07, meaning it tends to be more sensitive to market movements. BBAI has a correlation of 0.13 to the broad based SPY ETF.

BBAI has a market cap of $359.09 million. This is considered a Small Cap stock.

Last quarter Bigbear.Ai Hldgs reported $33 million in Revenue and -$.22 earnings per share. This fell short of revenue expectation by $-11 million and missed earnings estimates by -$.16.

The top ETF exchange traded funds that BBAI belongs to (by Net Assets): IWM, VXF, VTI, IWO, VTWO.

BBAI has underperformed the market in the last year with a price return of -46.0% while the SPY ETF gained +27.0%. BBAI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -14.9% and -5.1%, respectively, while the SPY returned +5.0% and +3.5%, respectively.

BBAI support price is $1.44 and resistance is $1.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BBAI stock will trade within this expected range on the day.