Why BigBear.ai Stock Is Skyrocketing Today

By Keith Noonan | November 12, 2025, 12:17 PM

Key Points

  • BigBear.ai stock has been a tear following the company's quarterly report at the beginning of the week.

  • Better-than-expected sales and earnings in Q3 and news that the company is acquiring Ask Sage in a $250 million deal have powered big gains.

  • Some investors are betting that the Ask Sage acquisition will dramatically improve BigBear.ai's position in generative AI and lead to more government contracts.

The recent rally for BigBear.ai (NYSE: BBAI) stock is continuing Wednesday. The company's share price was up 13.4% in the daily session as of noon ET, and had been up as much 22.4% earlier in trading.

BigBear.ai's valuation has seen a huge upward swing following the quarterly report and acquisition news it published at the beginning of the week. The stock is now up 66% year to date as of this writing.

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BigBear.ai's post-earnings rally keeps roaring

BigBear.ai published its third-quarter results after Monday's market close and reported sales and earnings for the period that topped Wall Street's expectations. While revenue in the period was still down 20% year over year, sales of $33.14 million topped the average analyst estimate by $1.3 million. Meanwhile, the business's loss of $0.03 per share beat expectations by $0.04.

In addition to sale and earnings beats in the quarter, the company announced that the company is acquiring Ask Sage in a $250 million deal. Investors and analysts are betting that the Ask Sage acquisition will help BigBear.ai strengthen its position in generative artificial intelligence (AI) and win more government contracts.

What's next for BigBear.ai?

BigBear.ai's valuation has surged this year as investors have become willing to pay higher multiples to own stakes in companies with exposure to defense AI trends, but the company's business performance has actually taken a significant step back in 2025. On the other hand, some investors are betting that BigBear.ai has the potential to go on a Palantir-like run -- and that the integration of Ask Sage will be a turning point that reaccelerates sales growth among government customers.

While BigBear.ai stock's hot streak could continue, investors should move forward with the understanding that charting the business outlook here involves a high amount of guesswork.

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Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy.

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