BigBear.ai Stock Could Soar to $7, According to a Wall Street Analyst. Is It a Buy at Around $5 Per Share?

Last year was a wild ride for folks holding shares of BigBear.ai (NYSE: BBAI) stock. Unbridled enthusiasm for the artificial intelligence (AI) industry drove it through the roof last March, but the stock fell hard from its peak.Shares of BigBear.ai didn't stay down long. The stock shot 229% higher between the end of September and Dec. 30, 2024.And investment bank analysts think there's more fuel in this AI stock's tank. The latest Wall Street endorsement came from H.C. Wainwright's Scott Buck. Spurred by increasing demand for AI-related services across multiple sectors, Buck raised his price target on the stock to $7 per share, which implies a 46% gain from the stock's closing price on Dec. 30.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool