- BigBear.ai's new AI platform aims to revolutionize shipbuilding efficiency.
- Analysts provide a favorable outlook with an average price target 55.97% above the current price.
- Despite optimistic projections, GuruFocus estimates a potential 55.08% downside based on GF Value.
BigBear.ai (BBAI) has taken a significant step in the AI industry by launching its Shipyard AI platform at Austal USA, aiming to streamline production planning and optimize resources at the Alabama shipbuilding facility. Post-announcement, the company's shares saw a notable increase of 3.29%.
Wall Street Analysts Forecast
According to insights from four Wall Street analysts, BigBear.ai Holdings Inc (BBAI) is projected to have an average target price of $4.38 over the next year. The projections range between a high of $6.00 and a low of $1.50, suggesting a substantial upside potential of 55.97% from its current trading price of $2.81. For more comprehensive analyst estimates, please visit the BigBear.ai Holdings Inc (BBAI, Financial) Forecast page.
Furthermore, the consensus rating from five brokerage firms has awarded BigBear.ai Holdings Inc (BBAI) an average recommendation score of 2.4, which indicates an "Outperform" status. This scale ranges from 1, symbolizing a Strong Buy, to 5, representing a Sell.
GF Value Estimation
Despite the optimistic price targets from analysts, the GF Value estimation for BigBear.ai Holdings Inc (BBAI) projects a price of $1.26 in the upcoming year. This suggests a potential downside of 55.08% from the current price of $2.805. The GF Value represents the fair value determined by GuruFocus, calculated through historical trading multiples, past business growth, and projected performance. Detailed data and further insights are available on the BigBear.ai Holdings Inc (BBAI, Financial) Summary page.