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 November 22, 2024, BBAI stock price climbed to $2.45 with 22,778,131 million shares trading.

BBAI has a beta of 3.74, meaning it tends to be more sensitive to market movements. BBAI has a correlation of 0.17 to the broad based SPY ETF.

BBAI has a market cap of $613.94 million. This is considered a Small Cap stock.

Last quarter Bigbear.Ai Hldgs reported $42 million in Revenue and -$.05 earnings per share. This fell short of revenue expectation by $-5 million and exceeded earnings estimates by $.01.

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

BBAI has outperformed the market in the last year with a price return of +38.4% while the SPY ETF gained +32.4%. BBAI has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +51.2% and +39.2%, respectively, while the SPY returned +7.4% and -0.4%, respectively.

BBAI support price is $2.06 and resistance is $2.32 (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 shares will trade within this expected range on the day.