BigBear.ai Trading at 16X P/S: Is the Premium Fully Earned?

Key Takeaways BBAI now trades at 16.2X forward sales, near its historical peak, after an 18.5% YTD stock surge.An AI-driven strategy shift and $125M debt reduction have helped justify the valuation jump.Global expansion, record liquidity, and a $376M backlog add support to BBAI's growth narrative.BigBear.ai Holdings, Inc. (BBAI) has entered 2026 with strong market momentum. The stock is up 18.5% year to date, clearly outperforming the Zacks Computers - IT Services industry,  broader Zacks Computer and Techn ...