Where Will BigBear.ai Stock Be in 1 Year?
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BigBear.ai (NYSE: BBAI) hasn't impressed too many investors since its public debut. The developer of AI modules went public by merging with a special purpose acquisition company (SPAC) in December 2021, and its stock opened at $9.84 on the first day.But today, BigBear.ai's stock trades at less than $3. The company missed its own ambitious targets, racked up steep losses, and struggled as rising rates compressed its valuations. It's also on its third CEO since its public debut, and it delayed the filing of its annual report this March to restate some of the financial statements related to its convertible notes which mature in 2026.Those headwinds are making it an easy target for the bears in this volatile market. But could it bounce back over the next 12 months? Let's review its near-term challenges and catalysts to decide.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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