BigBear.ai Stock To $4?

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BBAI
BigBear.ai

BigBear.ai (BBAI) stock has fallen by 23.1% in less than a month, from $7.02 on 4th Dec, 2025 to $5.40 now. What comes next? We think that the stock could fall even more. The current correction, when put in context of our Very Unattractive opinion of the stock, suggest possibility of further downside. A price of $4 is not out of question, especially considering that the stock has seen this level in the last 5 years. Read Buy or Sell BigBear.ai Stock to see how we arrive at this opinion.

So should you wait before buying this dip? Perhaps. There is no perfect way to time the dips. Nevertheless, here is another perspective on BBAI stock to help you make the decision. The bad news is that historically, the median return for the 12-month period following sharp dips was -4.1%, even though median peak return was 117%. We define sharp dip as stock going down 30% or more, in less than 30 day period.

Below, we get into details of historical dips and subsequent returns.

 
Historical Median Returns Post Dips
 

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Period Past Median Return
1M -11.9%
3M 2.7%
6M -12.0%
12M -4.1%

 
Historical Dip-Wise Details
 
BBAI had 10 events since 1/1/2010 where the dip threshold of -30% within 30 days was triggered

  • 117% median peak return within 1 year of dip event
  • 160 days is the median time to peak return after a dip event
  • -35% median max drawdown within 1 year of dip event

30 Day Dip BBAI Subsequent Performance
Date BBAI SPY 1Y Peak
Return
Max
Drop
# Days
to Peak
Median     -4% 117% -35% 160
11252025 -31% 2% -13% 13% -13% 9
8282025 -37% 3% 5% 73% -8% 47
3192025 -37% -6% 74% 186% -23% 209
4102024 -48% 2% 58% 449% -33% 309
8092023 -33% 2% -24% 172% -25% 208
5302023 -40% 2% -28% 103% -44% 279
3142023 -53% -2% 30% 132% -36% 356
11102022 -34% 9% 73% 493% -39% 88
5242022 -50% -10% -61% 7% -90% 1
12222021 -31% 0% -89% 86% -89% 112

 
BigBear.ai Passes Basic Financial Quality Checks

Revenue growth, profitability, cash flow, and balance sheet strength need to be evaluated to reduce the risk of a dip being the sign of a deteriorating business situation.

Quality Metrics Value Quality Check
Revenue Growth (LTM) -7.0% Fail
Revenue Growth (3-Yr Avg) -0.8% Fail
Operating Cash Flow Margin (LTM) -24.2% Fail
Leverage (see below) Pass
=> Interest Coverage Ratio -19.9  
=> Cash To Interest Expense Ratio 28.8  

Not sure if you can take a call on BBAI stock? Consider portfolio approach

A Multi Asset Portfolio Gives You Safer Smarter Growth

Markets move differently but a mix of assets smooths volatility. A multi asset portfolio keeps you invested and reduces the impact of sharp drops in any single area.

The asset allocation framework of Trefis’ Boston-based, wealth management partner yielded positive returns during the 2008-09 period when the S&P lost more than 40%. Our partner’ strategy now includes Trefis High Quality Portfolio, which has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices