BigBear.ai Q3 Earnings Preview: AI Optimism Clashes With Financial Weakness
BigBear.ai prepares to unveil Q3 results amid conflicting signals. The AI analytics firm projects a $0.07 per-share loss, widening from $0.05 a year earlier, with revenue expected to contract 23% to $31.81 million. Despite these headwinds, BBAI shares have soared 225% over twelve months as investors bet on its government AI contracts.
TipRanks' AI Analyst Mira Patchera slashed the price target to $6, citing contract delays and persistent cash burn. The hold rating reflects skepticism about near-term profitability, even as the stock maintains a 27% year-to-date gain. Market participants appear to be pricing in long-term AI potential rather than current financial performance.