BBAI - BigBear.ai Stock: Buy Sell or Hold?
2024-06-08 03:24:00 ET
Shares of BigBear.ai (NYSE: BBAI) have been treading water since a less-than-stellar first-quarter update was released last month. The stock trades down nearly 34% so far in 2024 with the market impatient over the ability of this artificial intelligence (AI) specialist to deliver a breakout moment.
Still, there's plenty for investors to get excited about from this company that provides decision intelligence solutions for national security, digital identity, supply chains, and logistics companies. The company continues to pursue opportunities in machine learning and computer vision.
On the other hand, it's also operating under the shadow of recurring losses and large debt. Because of that, it's a stock that should warrant caution.
For further details see:
BigBear.ai Stock: Buy, Sell, or Hold?