Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

The funding rises by $500 million to create a future driven by AI.

August 1, 2025

Zaggle, located in Hyderabad, purchases finup fintech rio.Money for Rs 22 crore.

August 1, 2025

AI-driven finance platform secures $500 million in funding

August 1, 2025

Payment Labs collaborates with Paul Brewer to create sports partnerships.

August 1, 2025
Facebook X (Twitter) Instagram
Trending
  • The funding rises by $500 million to create a future driven by AI.
  • Zaggle, located in Hyderabad, purchases finup fintech rio.Money for Rs 22 crore.
  • AI-driven finance platform secures $500 million in funding
  • Payment Labs collaborates with Paul Brewer to create sports partnerships.
  • Daloopa secures a $13 million strategic investment to enhance AI in finance with superior data infrastructure.
  • Key Investors Drive Fintech Growth in the Philippines
  • Growth of Fintech Innovation and Startups in the iGaming Sector
  • Kuvi.ai’s Agenic Finance secures $700,000 for AI operating system launch
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    The integration of AI is advancing within Israel’s fintech sector.

    July 31, 2025

    The Journey of Sofi: Transitioning from Student Loans to Fintech Dominance

    July 25, 2025

    This Week in Fintech: Biweekly News Summary for June 24

    July 19, 2025

    Fintech and Global Expansion as Russia’s National Center Hosts a Major Session at SPIEF 2025 in Salt Lake City News, Weather, and Sports Updates

    July 15, 2025

    Alona Shevtsova emphasizes the importance of connection at the recent London Fintech Club event – London Business News

    July 15, 2025
  • AI

    The funding rises by $500 million to create a future driven by AI.

    August 1, 2025

    AI-driven finance platform secures $500 million in funding

    August 1, 2025

    Daloopa secures a $13 million strategic investment to enhance AI in finance with superior data infrastructure.

    August 1, 2025

    Kuvi.ai’s Agenic Finance secures $700,000 for AI operating system launch

    August 1, 2025

    AI in Financial Pricing 2025 | Retail Banking

    August 1, 2025
  • Acquisitions

    The funding strategy for the Fintech company is secured.

    July 31, 2025

    African fintech leaders are shaping the industry through worldwide acquisitions.

    June 30, 2025

    Acrisure obtains significant funding to enhance its fintech strategy.

    June 14, 2025

    $200 million IPO SPAC aims for acquisitions in fintech and AI sectors.

    June 1, 2025

    Wealthsimple hires multiple teams to enhance family financial management.

    May 31, 2025
  • Trends

    Fintech algoquant hits a 52-week peak amid broader market trends.

    July 31, 2025

    Exploring the Challenges of a Unsuccessful Proposal in a Turbulent Fintech Environment

    July 29, 2025

    European fintech company Tractial boosts its Bitcoin holdings to 25.03 BTC, highlighting trends in institutional cryptocurrency adoption.

    July 24, 2025

    Impacts of Q2 2025 Success for QCR Holdings Compared to Revenue Shortfall: A Disconnect in the Fintech Sector

    July 24, 2025

    Trends in Fintech and Key Safety Considerations

    July 22, 2025
  • Insights

    Key Investors Drive Fintech Growth in the Philippines

    August 1, 2025

    Co-founder of Wise claims £10 billion fintech misled investors

    July 29, 2025

    Bruce Markets obtains strategic investment from Apex Fintech Solutions, Robinhood, and Tastytrade.

    July 23, 2025

    ICAPITAL Fintech Achieves a Valuation Exceeding $7.5 Billion in Recent Fundraising Amid Surge in Private Markets

    July 10, 2025

    Alphalésaka Technologies: The Potential Transformative Impact of Recent Fintech Acquisition

    July 9, 2025
  • Rumors

    Mybambu is expanding in West Palm Beach, aiming to create 200 new jobs, among several financial services firms that have relocated to Palm Beach County recently.

    July 31, 2025

    Hang Seng Electronic denies claims of partnership with anti-establishment groups as stock exchange declines by 0.17%

    July 29, 2025

    Kakaopay Stock Halted Amid Concerns Over Stablecoins

    July 26, 2025

    JPMorgan’s new fintech fees are provoking a response from the industry.

    July 26, 2025

    Bitcoin Surged 2.00% in 24 Hours Amid Trump’s Cryptographic Market Rumors

    July 26, 2025
  • Startups

    Zaggle, located in Hyderabad, purchases finup fintech rio.Money for Rs 22 crore.

    August 1, 2025

    Payment Labs collaborates with Paul Brewer to create sports partnerships.

    August 1, 2025

    Growth of Fintech Innovation and Startups in the iGaming Sector

    August 1, 2025

    AI impact leads to a $500 million boost for fintech ramp, raising its valuation to $22.5 billion shortly after the previous increase.

    August 1, 2025

    Fintech startup secures an additional $500 million shortly after its latest funding round.

    July 31, 2025
  • finjobsly
fintechbits
Home » Bigbear.ai experiences unexpected financial challenges despite achieving contract successes.
AI in Finance

Bigbear.ai experiences unexpected financial challenges despite achieving contract successes.

3 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Bbai image 2 750x406.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Bigbear.ai Faces Challenges Amidst Mixed Financial Results

Bigbear.ai (Bbai), a prominent data analysis company focused on artificial intelligence, reported disappointing financial forecasts for the fourth quarter of 2024. The company’s projected sales and losses fell significantly short of expectations, highlighting a loss that was three times greater than anticipated. Furthermore, projected annual sales for 2025 are expected to be markedly lower than market predictions.


Bigbear.ai Stock Chart

Growth in Specific Areas

Despite these financial challenges, Bigbear.ai reported an 8% increase in revenue for the fourth quarter of 2024 compared to the previous year. This growth can be largely attributed to additional income linked to contracts with the Department of Homeland Security and Digital Identity. However, the disappointing overall financial results led to a dramatic 39.50% decline in stock value, underscoring the persistent difficulties faced by the company.

Achievements in AI Solutions

Bigbear.ai specializes in AI decision-making solutions, leveraging advanced analytics and predictive models to assist organizations across various sectors, including national security, defense, travel, and trade. Recently, the company secured a contract with the Chief Digital Defense Officer and the AI Office (CDAO) to enhance the Virtual Anticipation Network (VANE). This project aims to aggregate and analyze critical data points, providing insights into multi-domain environments and identifying key trends in potentially hostile foreign regions.

Additionally, Bigbear.ai was awarded an Indefinite Delivery Indefinite Quantity (IDIQ) contract as part of the U.S. Navy’s Next Generation program, Seaport NXG. This contract paves the way for Bigbear.ai to deliver essential technologies and support to the U.S. Navy and other federal agencies, with initiatives focusing on advanced autonomous surface vessels, digital twins, and computer vision technologies.

Financial Performance Overview

In the fourth quarter of 2024, Bigbear.ai achieved revenues of $43.8 million, a substantial increase from $40.6 million in the same quarter in 2023, primarily driven by enhanced income from the Department of Homeland Security. The company also recorded an improved gross margin of 37.4%, which is an increase from 32.1% in the prior year’s quarter. However, changes in the fair value of derivative liabilities related to convertible notes significantly impacted net profit, resulting in a loss of $108.0 million for the quarter, compared to a loss of $21.3 million in the fourth quarter of 2023.

Analytical Outlook

In response to these financial outcomes, analysts have adopted a more cautious stance regarding Bigbear.ai’s stock. Louie Dipalma of William Blair maintained a neutral outlook, citing lower guidance for 2025 and an uncertain funding environment as crucial factors. Conversely, Jonathan Ruykhaver of Cantor Fitzgerald reaffirmed coverage with a lowered price target of $6, down from $8, while still maintaining an “overweight” rating despite the uncertainty surrounding Q4 forecasts.

Future Perspectives

Bigbear.ai currently holds a consensus rating of “moderate buy” based on recommendations from four analysts. The average price target for shares is set at $5.33, indicating a potential upside of 59.58% compared to current trading levels. Despite recent setbacks, the company’s potential for growth remains under scrutiny as it navigates the evolving landscape of AI technology.


Bigbear.ai Analyst Ratings

For more insights on Bigbear.ai and to stay updated on analyst ratings, visit this link.

Disclosure

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The funding rises by $500 million to create a future driven by AI.

August 1, 2025

AI-driven finance platform secures $500 million in funding

August 1, 2025

Daloopa secures a $13 million strategic investment to enhance AI in finance with superior data infrastructure.

August 1, 2025
Leave A Reply Cancel Reply

Latest news

The funding rises by $500 million to create a future driven by AI.

August 1, 2025

Zaggle, located in Hyderabad, purchases finup fintech rio.Money for Rs 22 crore.

August 1, 2025

AI-driven finance platform secures $500 million in funding

August 1, 2025
News
  • AI in Finance (1,424)
  • Breaking News (160)
  • Corporate Acquisitions (66)
  • Industry Trends (183)
  • Jobs Market News (298)
  • Market Insights (194)
  • Market Rumors (259)
  • Regulatory Updates (154)
  • Startup News (961)
  • Technology Innovations (156)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,424)
  • Breaking News (160)
  • Corporate Acquisitions (66)
  • Industry Trends (183)
  • Jobs Market News (298)
  • Market Insights (194)
  • Market Rumors (259)
  • Regulatory Updates (154)
  • Startup News (961)
  • Technology Innovations (156)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.