BigBear.ai Holdings, Inc. (BBAI) Rises As Market Takes a Dip: Key Facts

Company Performance - BigBear.ai Holdings, Inc. (BBAI) closed at $7.10, with a gain of +2.6% from the previous trading session, outperforming the S&P 500 which lost 0.4% [1] - Prior to the latest trading day, BBAI shares had increased by 67.15%, significantly surpassing the Computer and Technology sector's gain of 6.34% and the S&P 500's gain of 4.97% [1] Upcoming Financial Results - The company is expected to report an EPS of -$0.07, reflecting a 75% decline compared to the same quarter last year [2] - Revenue is projected to be $40.99 million, indicating a 3.04% increase from the year-ago quarter [2] Fiscal Year Estimates - For the entire fiscal year, the Zacks Consensus Estimates predict an EPS of -$0.41 and revenue of $166.85 million, representing changes of +62.73% and +5.45% respectively from the previous year [3] Analyst Estimates and Market Sentiment - Recent modifications to analyst estimates for BigBear.ai are crucial as they reflect changing business trends, with positive revisions indicating analysts' confidence in performance and profit potential [4] - Changes in estimates are directly related to stock price performance, and investors can leverage this through the Zacks Rank system [5] Zacks Rank and Industry Performance - The Zacks Rank system, ranging from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with 1 rated stocks delivering an average annual return of +25% since 1988 [6] - Currently, BigBear.ai holds a Zacks Rank of 3 (Hold) [6] - The Computers - IT Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 72, placing it in the top 30% of over 250 industries, indicating strong performance potential [7]