BigBear.ai Stock Soars on AI Hype But Slowing Growth Raises Concerns
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BigBear.ai stock surged over 900% from late December to early February due to enthusiasm around AI like ChatGPT.
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However, revenue growth has slowed down significantly in recent quarters, disappointing given the boom in AI.
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BBAI provides AI solutions for defense, government, and commercial customers but sale cycles are elongating.
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Analysts have mixed views, with an average price target implying over 150% upside potential.
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While AI demand bodes well long-term, slower growth and cash burn are concerns for BBAI in the near term.