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BigBear.ai Holdings, Inc. (BBAI) Outpaces Stock Market Gains: What You Should Know
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BigBear.ai Holdings, Inc. (BBAI - Free Report) closed at $2.39 in the latest trading session, marking a +1.7% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.12%. Meanwhile, the Dow gained 0.03%, and the Nasdaq, a tech-heavy index, added 5.14%.
Wall Street will be looking for positivity from BigBear.ai Holdings, Inc. as it approaches its next earnings report date. In that report, analysts expect BigBear.ai Holdings, Inc. to post earnings of -$0.07 per share. This would mark year-over-year growth of 84.44%. Meanwhile, our latest consensus estimate is calling for revenue of $39.31 million, up 4.53% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of -$0.36 per share and revenue of $165.29 million, which would represent changes of +62.11% and +6.63%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for BigBear.ai Holdings, Inc.These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. BigBear.ai Holdings, Inc. is holding a Zacks Rank of #4 (Sell) right now.
The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 94, putting it in the top 38% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow BBAI in the coming trading sessions, be sure to utilize Zacks.com.
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BigBear.ai Holdings, Inc. (BBAI) Outpaces Stock Market Gains: What You Should Know
BigBear.ai Holdings, Inc. (BBAI - Free Report) closed at $2.39 in the latest trading session, marking a +1.7% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.12%. Meanwhile, the Dow gained 0.03%, and the Nasdaq, a tech-heavy index, added 5.14%.
Wall Street will be looking for positivity from BigBear.ai Holdings, Inc. as it approaches its next earnings report date. In that report, analysts expect BigBear.ai Holdings, Inc. to post earnings of -$0.07 per share. This would mark year-over-year growth of 84.44%. Meanwhile, our latest consensus estimate is calling for revenue of $39.31 million, up 4.53% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of -$0.36 per share and revenue of $165.29 million, which would represent changes of +62.11% and +6.63%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for BigBear.ai Holdings, Inc.These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. BigBear.ai Holdings, Inc. is holding a Zacks Rank of #4 (Sell) right now.
The Computers - IT Services industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 94, putting it in the top 38% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow BBAI in the coming trading sessions, be sure to utilize Zacks.com.