Recently, there has been a surge of interest in investors in AI stocks, given the increased hype of artificial intelligence.
Big Bear AI is an AI-powered, one such platform that provides a higher level of decision intelligence.
The firm operates AI and machine learning at scale through its end-to-end data analytics platform. Read the article further to know more about Big Bear AI and its stock prices.
What is Big Bear AI?
Big Bear is an AI-powered software that provides solutions to complex problems in four main areas:
- Supply chains and logistics– Big Bear AI improves decision-making with its analysis features and natural language processing. It also helps simplify supply chain operations and even identifies vulnerabilities within the system.
- Enterprise operations– Big Bear AI helps improve the complex working of large-scale organizational units.
- Autonomous systems – Big Bear’s AI technology protects organizations from any cyber-attacks. It helps carry out missions efficiently.
- Cyber security– Big Bear AI secures critical systems from any interruptions with the help of its algorithm detection features.
It has supported missions of the US Department of Defense, intelligence agencies, and various other industries.
Its main aim is to simplify the world’s most complex problems.
Who owns Big Bear AI?
Big Bear AI is owned by AI Industrial Partners and was brought by them on Feb 2, 2021. It was founded by Reginald Brothers, who is an operating partner at AE Industrial Partners.
He was earlier the CEO of Big Bear AI. He has also been affiliated with the US Department of Defense and has held various positions within the scientific community.
Is Big Bear AI a good investment?
There is no direct answer to this question as there are various factors that continuously keep changing the flow of stocks.
Nevertheless, the following information can be taken into consideration to decide whether to invest in Big Bear AI or not. In 2023, the stock of Big Bear AI has risen.
Big Bear AI received a notification from the New York Stock Exchange due to non-compliance to maintain a minimum of $1 closing price. The next day it signed with the US Air Force which led to a 260% increase in stock.
Hence, the reasons for the stock rise might not be due to its skill. Therefore, investors are advised to be cautious before investing in Big Bear AI.
How to Buy Big Bear AI Stock?
You have different platforms to buy stocks but to explain in detail we’ll see how you can buy Big Bear AI stocks on eToro, as it provides a very flexible and easy conduct.
1. Download eToro as it is available on Play Store or App Store or you can go to the website directly.
2. Sign up for an account on eToro. For you to start with trading it provides a demo account too in which you get $100,000 virtual.
3. Deposit funds in your account. You can deposit funds in your account through various methods as it is a flexible platform that provides various payment methods like Visa cards, credit cards, etc. The minimum deposit on eToro is between $200 to $500.
4. Search for Big Bear AI stock on eToro and invest but before making any decision regarding purchase, it is advised to adequately research the stock to prevent any future loss. Hence you should keep yourself updated with the latest information.
5. Buy the stock. You can either purchase the stock at the current price or put a limit order to purchase the stock at a fixed rate.
6. Stay updated with the stock that you have purchased so to do that you can create a watchlist.
What is Big Bear AI Stock Price?
Big Bear AI is currently trading at $1.69/ share, as of 8th September, 2023. To check the stock price of Big Bear AI over time, click here. It has received a consensus rating of ‘BUY’.
Latest news about Big Bear AI stock
On 8th August 2023, Big Bear AI announced its second quarter 2023 financial results.
1. Its revenue grew by 2.2%, from $37.6 in 2022 to $38.5 million in 2023.
2. Its gross margin decreased from 25.5% in the second quarter of 2022, to 23.3% in the second quarter of 2023.
3. It estimated a net loss of $16.9 million for the second quarter of 2023.
4. The projected revenue of Big Bear AI for 2023 is between $155 and 170 million.
To keep yourself updated with the latest news of the Big Bear AI stock, click here.
Big Bear AI Stock Prediction in 2025
According to Coincodex prediction the Big Bear AI Holdings Inc. Stock prediction for 2025, is $0.560379, and estimated that the shares will keep on growing at the early average rate as they did in the past 10 years. This would be a -67.61% increase in the stock price.
Conclusion
Hence Big Bear AI can be the next powerful tool to bring revolution in the world of artificial intelligence and high-ordered thinking.
The artificial intelligence and machine learning that has been provided by BigBear.ai for its decision support mainly operates in two segments: cyber & engineering and Analytics which provide users with a wide range of amazing experiences.
It also has received a consensus rating of ‘BUY’ which makes it a good option to trade. So now users can invest in it by using the details provided in this article about BigBear.ai.