Forget BigBear.ai: This "Picks and Shovels" Data Streaming Stock Looks Built for Long?Term AI Upside
2026-01-22 14:25:00 ET
BigBear.ai (NYSE: BBAI) , a developer of artificial intelligence ( AI ) modules for edge networks, disappointed many investors after going public through a merger with a special purpose acquisition company ( SPAC ) four years ago. Its stock started trading at $9.84 per share, but now trades below $6. Its stock sank as it fell short of its ambitious forecasts.
Before going public, BigBear.ai claimed its revenue would surge from $182 million in 2021 to $550 million in 2024. In reality, its revenue only rose from $146 million in 2021 to $158 million in 2024, as its top customer went bankrupt and it faced intense macro and competitive headwinds.
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NASDAQ: BBAI
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