Why BigBear.ai (BBAI) Stock Soared At The Open Today

BigBear.ai Holdings Inc (NYSE:BBAI) shares surged Wednesday, continuing a multi-day rally driven by robust third-quarter financial results and strategic expansion moves.

Key Highlights

Third-quarter revenue reached $33.14 million, surpassing analyst expectations of $31.82 million.
The company reported a narrower-than-expected loss of three cents per share, compared to the projected seven-cent loss.
Despite a 20% year-over-year revenue decline due to reduced Army program volumes, BigBear.ai maintained its full-year 2025 revenue guidance at $125 million to $140 million.
Investor sentiment was boosted by the announcement of the acquisition of Ask Sage, a generative AI platform focused on secure government environments.

Analyst Perspective

Wainwright analyst Scott Buck reiterated a Buy rating with an $8 price target, describing the Ask Sage acquisition as a “swing factor” for 2026. Buck anticipates the deal will help drive 2026 revenue to $200 million and improve margins through SaaS-like recurring revenue.

Market Momentum

Benzinga Edge data currently assigns BigBear.ai a Momentum score of 96.45, reflecting strong market enthusiasm.

Price Action

At the time of publication Wednesday, BigBear.ai shares were up 16.09% at $7.03, according to Benzinga Pro data.

Author’s Summary

BigBear.ai’s rally is fueled by solid Q3 results, a strategic acquisition, and strong analyst support, positioning the stock for continued momentum in 2026.

Benzinga — 2025-11-12