Posted 3/25/2024, 7:45:00 AM
Small AI Firm BigBear.ai Faces Growth Challenges In Competitive Market
- BigBear.ai is a small, agile AI company focused on government/defense, manufacturing, and healthcare sectors
- Revenue was flat last year at $155 million; growth expected to be 30% this year but slow to 13% in 2023
- Being small has advantages (nimble, customizable) but lacks scale of bigger rivals like Palantir and C3.ai
- Turning $20K into $1 million+ is very unlikely given competition and market size limitations
- Reasonable to take a small risk on BBAI stock but better picks exist for turning $20K into $1 million