NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds BigBear.ai Holdings, Inc. ("BigBear" or the "Company") (NYSE: BBAI) investors of an upcoming deadline involving a securities fraud class action lawsuit commenced against the Company. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing indiv ...

NEW YORK, May 17, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against BigBear.ai Holdings, Inc. (NYSE: BBAI) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in BigBear.ai, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/bigbearai-holdings-inc. Investors have until June 10, 2025, to ask the Court to be a ...

Core Viewpoint - BigBear.ai Holdings, Inc. (BBAI) has experienced significant stock decline in 2025, down 18.2% year to date, underperforming its industry and sector benchmarks, and trading nearly 65% below its 52-week high [1][4]. Financial Performance - In Q1 2025, BigBear.ai reported revenues of $34.8 million, a 5% increase year-over-year, but fell short of analyst expectations by 3.2% [5]. - The company recorded an adjusted loss of $0.10 per share, wider than the consensus estimate of a $0.06 loss, with adjusted EBITDA losses increasing to $7 million from a $1.6 million loss the previous year [5][22]. - On a GAAP basis, the net loss narrowed to $62 million from $127.8 million a year earlier, influenced by non-cash charges [5]. Operational Challenges - BigBear.ai faces near-term headwinds due to market volatility and increased R&D and SG&A expenses, which have pressured profitability [4][6]. - Revenue remains inconsistent, influenced by the timing of government contracts and funding delays, which may persist through mid-year [6][9]. - Increased operating expenses, particularly from hiring and system integration, are impacting margins, with SG&A rising to $17.7 million from $13.6 million [7][9]. Strategic Developments - A significant contract with the Department of Defense for the Orion Decision Support Platform highlights BigBear.ai's capabilities in defense analytics [11]. - The company is expanding its presence in sectors like shipbuilding and logistics, enhancing operational efficiency through its analytics suite [12]. - International partnerships, such as with Smith Detection, are aiding in market penetration for security applications [13]. Product Portfolio and Innovation - BigBear.ai's expanding AI product portfolio, including solutions like Pangiam Threat Detection and ProModel AI, is driving revenue growth [16]. - Several R&D projects have transitioned to general availability, indicating progress in monetization and adoption [17]. Market Sentiment and Valuation - The Zacks Consensus Estimate for 2025 loss per share has widened to $0.41, reflecting bearish sentiment [19]. - BBAI is trading at a forward price/sales ratio of 6.07, higher than its three-year median of 1.90, indicating a stretched valuation [20].

NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of BigBear.ai Holdings, Inc. (NYSE: BBAI). Shareholders who purchased shares of BBAI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/bigbear-ai-holdings-inc-loss-submission-form/?id=148461&from=3 CLASS PERIOD ...

Investors have until June 10, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased BigBear.ai securities. The case is pending in the U.S. District Court for the Eastern District of Virginia and is captioned Priewe v. BigBear.ai Holdings, Inc., et al., No. 25-cv-00623. Why was BigBear.ai Sued for Securities Fraud? BigBear.ai is an AI-driven technology solutions company t ...

BigBear.ai (BBAI 9.23%) is a volatile stock to own. In each of the previous two years, its shares more than doubled. But the start to 2025 has been bumpy, to say the least. Shares of BigBear.ai are falling and the stock is down more than 15%. The business is still growing and has some promising potential as companies invest heavily into artificial intelligence (AI). But there is also some risk, given its persistent losses. Is this an AI stock that you should consider buying today, or is more of a decline li ...

NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in BigBear.ai Holdings, Inc. ("BigBear.ai Holdings" or the "Company") (NYSE: BBAI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of BigBear.ai Holdings investors who were adversely affected by alleged securities fraud between March 31, 2022 and March 25, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1 ...

Core Viewpoint - A class action lawsuit has been filed against BigBear.ai Holdings, Inc. and certain officers for alleged violations of federal securities laws during the Class Period from March 31, 2022, to March 25, 2025, seeking damages for misleading statements regarding the company's financial practices and accounting policies [1][10]. Group 1: Lawsuit Details - The class action was filed in the United States District Court for the Eastern District of Virginia, seeking to recover damages for all persons and entities that purchased BigBear securities during the specified Class Period [1]. - Investors have until June 10, 2025, to request appointment as Lead Plaintiff for the class [2]. Group 2: Company Background - BigBear is an artificial intelligence-driven technology solutions company that provides services in national security, supply chain management, and digital identity and biometrics [4]. - The company underwent a merger with GigCapital4, Inc. in December 2021, resulting in the renaming of GigCapital4 to BigBear.ai Holdings, Inc. [5]. Group 3: Financial Instruments and Accounting Issues - Following the merger, BigBear issued $200 million of unsecured convertible notes due to mature on December 15, 2026, with a 6.0% annual interest rate [6]. - The complaint alleges that BigBear failed to properly account for the conversion option within the 2026 Convertible Notes, leading to misstatements in financial reports [10]. - On March 18, 2025, BigBear disclosed that certain financial statements since fiscal year 2021 should no longer be relied upon due to a material error in accounting treatment, resulting in a stock price drop of 14.9% [11]. - The 2024 10-K filing revealed that the conversion option was incorrectly deemed eligible for a scope exception, necessitating restatement of financial statements and identification of a material weakness in internal controls [12].

NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against BigBear.ai Holdings, Inc. (NYSE: BBAI) and certain of the Company's senior executives for potential violations of the federal securities laws. If you invested in BigBear.ai, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/bigbearai-holdings-inc. The Stock Declines as the Truth is Revealed Investors have u ...

Core Viewpoint - A class action securities lawsuit has been filed against BigBear.ai Holdings, alleging securities fraud that affected investors between March 31, 2022, and March 25, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that BigBear.ai Holdings made false statements and concealed deficiencies in accounting review policies related to unusual transactions [2]. - It is alleged that the company incorrectly accounted for the 2026 Convertible Notes, failing to bifurcate the conversion option as required by accounting standards [2]. - The errors in accounting led to the misstatement of various items in previously issued financial statements, which may need to be restated [2]. - The inaccuracies in financial statements increased the risk of delays in filing reports with the SEC, rendering public statements materially false and misleading [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the relevant time frame have until June 10, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as a leading securities litigation firm in the U.S. [4].