BBAI stock drops 25% post Q4 earnings, missing estimates and projecting negative EBITDA
From Nasdaq: 2025-03-11 13:48:00
Bigbear.ai (BBAI) shares have dropped 25.2% post its Q4 2024 earnings release, with a net loss of $108 million. Revenues missed estimates but increased 8% YoY. The stock has plunged 30.8% YTD, underperforming the Computer & Technology sector. BBAI projects 2025 revenues of $160-180 million with negative adjusted EBITDA.
BBAI secured a $13.2 million DoD contract for the ORION DSP platform and another for the Virtual Anticipation Network prototype. Partnerships with Proof Labs, Autodesk, Amazon, and Palantir have boosted BBAI’s product integration and market reach.
Earnings estimates for BBAI show a mixed trend, with a consensus loss per share of 22 cents for 2025. Despite positive momentum, intense competition, macroeconomic challenges, and reliance on government contracts pose risks for BBAI. The stock currently carries a Zacks Rank #4 (Sell).
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Read more at Nasdaq: BBAI Stock Down 25% Post Q4 Earnings: Is it Time to Let Go?
