Why These 15 Software Stocks Are Skyrocketing So Far in 2025

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3. BigBear.ai Holdings Inc (NYSE:BBAI)

Number of Hedge Fund Holders In Q3 2024: 7

BigBear.ai Holdings Inc (NYSE:BBAI) is an AI company.

The stock is up significantly as it won a major U.S. Department of Defense contract. The contract will advance its Virtual Anticipation Network (VANE) prototype for the DoD’s Chief Digital and Artificial Intelligence Office (CDAO). The project aims to improve geopolitical risk analysis using custom AI models to assess adversarial media.

It has won several other contracts over the past few quarters and Q3 2024 revenue grew 22% year-over-year to $41.5 million. Adjusted EBITDA is positive at $0.9 million, and full-year 2024 guidance sits at $165 to $180 million.

The consensus price target of $5.25 implies 41.79% downside.

BBAI stock is up 102.7% year-to-date.

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