H.C. Wainwright Raises Price Target for BigBear.ai (BBAI), Keeps Buy Rating

BigBear.ai Holdings, Inc. (NYSE:BBAI) is one of the 12 Best Performing AI Stocks So Far in 2025. On July 1, H.C. Wainwright increased its price target for BigBear.ai Holdings, Inc. (NYSE:BBAI) from $6 to $9 and kept a Buy rating on the stock.

H.C. Wainwright pointed out that the company expects double-digit revenue growth in 2026. This expectation is supported by a backlog of $384.9 million as of the first quarter of 2025.

BigBear.ai Holdings, Inc. (NYSE:BBAI) has recently confirmed multiple deployments of its biometric software for Enhanced Passenger Processing at major international airports and ports of entry, a strategic partnership to accelerate AI innovation and real-world applications in the UAE, and a collaboration with Analogic to enhance threat detection and streamline security operations at airports around the world.

The firm also noted improvements in BigBear.ai Holdings, Inc.’s (NYSE:BBAI) balance sheet, which give the company flexibility to consider acquisitions. These acquisitions could help the company accelerate revenue growth and profitability.

BigBear.ai Holdings, Inc. (NYSE:BBAI) is a company that provides AI-powered decision intelligence solutions and services for a range of industries, including national security, defense, travel and trade, manufacturing, and supply chains.

While we acknowledge the potential of BBAI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.