BigBear.ai jumps as analysts see 'long-term secular tailwinds' from AI

MSN
2025.11.11 14:30
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BigBear.ai (BBAI) shares surged 18% in premarket trading after reporting strong results and guidance. Analysts from Cantor Fitzgerald and H.C. Wainwright praised the company, raising price targets to $7.00 and $8.00, respectively. Despite a 20.1% year-over-year revenue decline due to federal program disruptions, the company is gaining momentum with its biometric scanner. BigBear.ai's acquisition of Ask Sage for $250M is seen as a strategic move to expand its market and enhance its AI capabilities, with expectations of margin improvement from the deal.

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