NEW YORK – Shares of BigBear.ai Holdings, Inc. (NYSE: BBAI), a provider of AI-powered analytics and cyber engineering solutions, experienced a rollercoaster opening on the market today, ultimately surging more than 2% in a display of extreme volatility and intense trader interest.
As of 9:41 AM EDT, BBAI stock was trading at $6.80, a gain of $0.14, or 2.10%. The session was marked by a dramatic tug-of-war between buyers and sellers right from the bell. The stock gapped up significantly at the open to $7.15, far above its previous close of $6.65. However, it then saw a sharp, immediate plunge to a day’s low of $6.50 before buyers stepped in with force, driving the price back up in a powerful recovery.
This wild price action is fueled by exceptionally high trading volume. In just the first 11 minutes of the trading day, a staggering 17.8 million shares had already been traded. This indicates a massive level of interest and conviction from traders, contributing to the stock’s high volatility, which is further confirmed by its 5-year monthly beta of 3.05.
Perhaps most notably, the stock’s current price is trading well above Wall Street’s expectations. The 1-year analyst target estimate for BBAI is listed at $4.83. Today’s trading price near $6.80 suggests that investors are operating with a much more bullish short-term outlook than analysts, betting on the company’s potential in the booming artificial intelligence sector.
With a market capitalization approaching $2 billion, BigBear.ai remains a key player for investors looking for high-growth, high-volatility exposure to the AI industry. Today’s performance demonstrates that despite the price swings, there is strong underlying support and speculative interest in the stock’s trajectory.
Frequently Asked Questions (FAQ) about BigBear.ai (BBAI) Stock
Here are answers to more than 10 common questions based on the provided market data.
1. What is the current stock price for BigBear.ai?
As of 9:41:32 AM EDT, the stock price for BigBear.ai Holdings, Inc. (BBAI) was $6.80.
2. What is the stock ticker symbol for BigBear.ai?
The ticker symbol is BBAI, and it trades on the New York Stock Exchange (NYSE).
3. How much did BBAI stock change today?
The stock increased by $0.14, representing a gain of 2.10%.
4. What was the opening price for BBAI today?
BBAI opened for trading at a high of $7.15, significantly above its previous close.
5. What is the day’s trading range for BBAI?
The stock has been highly volatile, with a day’s range between $6.50 and its current price of $6.80.
6. What is the 52-week price range for BigBear.ai stock?
The 52-week range for BBAI is $1.16 to $10.36.
7. What is the 1-year analyst target price for BBAI?
The 1-year target estimate for the stock is $4.83. The stock is currently trading above this level.
8. What is the trading volume for BBAI so far?
In the first 11 minutes of trading, the volume was 17,881,844 shares.
9. What is the average daily volume for BBAI?
The average daily trading volume is very high at 105,532,008 shares.
10. What is the current market capitalization of BigBear.ai?
The intraday market cap for BBAI is approximately $1.982 billion.
11. What is the stock’s beta?
The 5-year monthly beta is 3.05, indicating that the stock is significantly more volatile than the overall market.
12. Is BigBear.ai currently profitable?
Based on the data, the company’s Earnings Per Share (EPS) over the trailing twelve months (TTM) is negative (-$0.84), indicating it is not currently profitable.
13. Does BigBear.ai pay a dividend?
No, the data indicates that BBAI does not currently pay a dividend to its shareholders.
