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BigBear.ai Shares Tumble Amid Market Valuation Concerns
BigBear.ai Shares Tumble Amid Market Valuation Concerns
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BTCCSquare news:
BigBear.ai Holdings Inc. (BBAI) plummeted 22% last week, erasing part of its 51% year-to-date rally, as Federal Reserve Chair Jerome Powell's caution on equity valuations triggered broad market declines. The AI defense contractor now trades at a price-to-sales ratio of 10.2—a significant discount to rival Palantir Technologies—despite recent naval contract wins.
Wall Street maintains a Moderate Buy rating with a $5.75 target, implying 14.6% downside from current levels. Institutional and retail investors control nearly two-thirds of shares, while insiders hold 19.3%. The selloff highlights growing skepticism about the company's ability to compete with larger AI players like Palantir and C3.ai in government contracting.
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