BigBear.ai Stock Plummets on Wider-Than-Expected Loss, Weak Outlook

BigBear.ai Stock Plummets on Wider-Than-Expected Loss, Weak Outlook

Key Takeaways

  • BigBear.ai shares sank more than 20% Friday, a day after the provider of AI-powered predictive analytics reported a wider-than-expected loss and issued an outlook that disappointed.
  • The company sees 2025 adjusted EBITDA in the “negative single digit millions,” while analysts polled by Visible Alpha were expecting a positive result.
  • Friday’s plunge brought the stock into negative territory over the past 12 months.

BigBear.ai (BBAI) shares sank more than 20% Friday, a day after…

Article Source
https://www.investopedia.com/bigbear-ai-stock-plummets-on-wider-than-expected-loss-weak-outlook-11693093