BigBear.ai Shares Face Critical Test with Upcoming Earnings

Investors are bracing for significant volatility in BigBear.ai shares as the artificial intelligence company prepares to release its quarterly results after market close on Monday. The stock has experienced substantial price swings, trading between $5.29 and $5.68 during recent sessions, reflecting market uncertainty about the upcoming financial disclosure.

Financial analysts anticipate challenging quarterly figures from the AI specialist:

• Projected loss of $0.07 per share, compared to $0.05 per share in the same period last year
• Revenue forecast of just $31.81 million
• Significant year-over-year decline expected

The investment research platform TipRanks recently adjusted its position on the company, reducing its price target from $6.50 to $6 while maintaining a Read more...