Why BigBear.ai (BBAI) Stock Soared At The Open Today
BigBear.ai Holdings Inc. (NYSE:BBAI) shares rose sharply on Wednesday, extending a multi-day uptrend driven by strong third-quarter results and a key strategic acquisition. Investors reacted positively to both performance metrics and future growth prospects.
Financial Performance
The surge follows BigBear.ai’s Monday earnings release. The company reported third-quarter revenue of $33.14 million, surpassing analyst expectations of $31.82 million. Its net loss came in at only three cents per share, compared to the expected seven-cent loss, demonstrating improved cost efficiency.
Although revenue declined 20% year-over-year due to reduced Army program volumes, the company maintained its 2025 full-year revenue forecast between $125 million and $140 million.
Strategic Expansion
Investor confidence strengthened after BigBear.ai announced the acquisition of Ask Sage, a generative AI platform tailored for secure government use. The move signals an expansion into high-demand AI infrastructure for defense and intelligence sectors.
Wainwright analyst Scott Buck reiterated a Buy rating with an $8 price target, noting that the acquisition could be a “swing factor” for 2026 performance.
Buck estimated the deal could help push 2026 revenue to $200 million while improving profit margins through recurring, subscription-based income.
Market Sentiment
According to Benzinga Edge data, BigBear.ai currently holds a Momentum score of 96.45, highlighting strong investor enthusiasm for the stock.
BBAI Price Action
As of Wednesday’s publication time, BigBear.ai shares were up 16.09%, trading at $7.03, according to Benzinga Pro data.
Author’s Summary: BigBear.ai’s stock rally reflects strong earnings, a targeted acquisition, and growing investor optimism about long-term AI and defense potential.