BigBear.ai (NYSE:BBAI) Shares Down 6.6% - What's Next?

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BigBear.ai (NYSE:BBAI) shares dropped 6.6% intraday on Tuesday, trading at $4.55 with lower-than-average volume, and are below their 50- and 200-day moving averages. Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $6.00, despite some downgrades. The company’s recent quarterly earnings showed a miss on EPS, a 20% year-over-year revenue decline, and negative net margin, coupled with insider share sales.

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