$BigBear.ai Holdings (BBAI.US)$ **Growth factors and outlook...
**Growth Drivers and Outlook for 2024 for BigBear.ai (BBAI)**
### **Expansion of Portfolio Driving Growth**
BigBear.ai (BBAI) continues to expand its portfolio organically and inorganically through various initiatives, sustaining its growth. In early 2024, it strengthened its AI portfolio by acquiring Pangiam Intermediate Holdings, a provider of Vision AI for trade, travel, and digital identity markets.
In August, they secured the Federal Aviation Administration (FAA) IT Innovation Procurement Strategy Contract (worth 0.24 billion dollars) through a subcontract with Concept Solutions, establishing a significant role in the government sector.
Furthermore, they have signed a Master Services Agreement with Heathrow Airport, the largest airport in Europe, focusing on the development of advanced AI technology to enhance security, operational efficiency, and traveler experience.
In October, they successfully implemented the 'veriScan Biometric Authentication Solution' at Denver International Airport, enabling efficient boarding for over 46,600 international passengers monthly. This system utilizes the US Customs and Border Protection's Traveler Verification Service to provide secure and privacy-focused authentication.
Moreover, they participated in the US Navy's 'Mission Autonomy Exercise' showcasing the 'ConductorOS' platform, enabling AI-driven maritime domain awareness beyond the aviation industry. This underscores their leadership in defense and maritime sectors.
### **Expanded Customer Base Boosting Revenue**
Expanding its product portfolio, BBAI is acquiring new customers.
Major companies such as:
- **Autodesk (ADSK)**: Integrates BBAI's "ProModel Discrete Event Simulator" into the AutoCAD platform.
- **Amazon (AMZN)**: Integrates BBAI's "ProModel solution" into AWS (Amazon Web Services), providing AI-driven warehouse management under "AWS ProServe".
- **Palantir (PLTR)**: Integrates BBAI's "Observe, Orient and Dominate" product into Palantir's "Foundry platform", simplifying data collection, insight generation, and intelligence delivery.
In October, it secured a single supply contract from the U.S. Army for $1065.15 million over 5 years, enhancing decision-making and operational readiness in force structure through transitioning legacy systems to data-centric intelligent automation platform.
### **2024 Outlook**
BBAI is emerging as a leader in the AI field, backed by product adoption from major companies. However, it is expected that losses due to the tough macroeconomic environment and Virgin Orbit's bankruptcy will impact earnings.
The revenue outlook for fiscal year 2024 is expected to be between $106.5 million and $108 million, showing a growth of 8.64% compared to the previous year.
However, earnings per share (EPS) of a loss of 75 cents is expected, with no revisions in the next 30 days.
### Stocks Evaluation: Buy, Sell, or Hold?
The BBAI stock is considered overvalued due to the current 'Value Score' being 'F'. However, strong portfolio and expanding partner base support revenue growth, justifying a premium evaluation.
Additionally, the stock price is above the 50-day and 200-day moving averages, indicating a bullish trend continues.
**Conclusion**: While it may be overvalued, it could be an attractive option for investors expecting long-term growth.
### **Expansion of Portfolio Driving Growth**
BigBear.ai (BBAI) continues to expand its portfolio organically and inorganically through various initiatives, sustaining its growth. In early 2024, it strengthened its AI portfolio by acquiring Pangiam Intermediate Holdings, a provider of Vision AI for trade, travel, and digital identity markets.
In August, they secured the Federal Aviation Administration (FAA) IT Innovation Procurement Strategy Contract (worth 0.24 billion dollars) through a subcontract with Concept Solutions, establishing a significant role in the government sector.
Furthermore, they have signed a Master Services Agreement with Heathrow Airport, the largest airport in Europe, focusing on the development of advanced AI technology to enhance security, operational efficiency, and traveler experience.
In October, they successfully implemented the 'veriScan Biometric Authentication Solution' at Denver International Airport, enabling efficient boarding for over 46,600 international passengers monthly. This system utilizes the US Customs and Border Protection's Traveler Verification Service to provide secure and privacy-focused authentication.
Moreover, they participated in the US Navy's 'Mission Autonomy Exercise' showcasing the 'ConductorOS' platform, enabling AI-driven maritime domain awareness beyond the aviation industry. This underscores their leadership in defense and maritime sectors.
### **Expanded Customer Base Boosting Revenue**
Expanding its product portfolio, BBAI is acquiring new customers.
Major companies such as:
- **Autodesk (ADSK)**: Integrates BBAI's "ProModel Discrete Event Simulator" into the AutoCAD platform.
- **Amazon (AMZN)**: Integrates BBAI's "ProModel solution" into AWS (Amazon Web Services), providing AI-driven warehouse management under "AWS ProServe".
- **Palantir (PLTR)**: Integrates BBAI's "Observe, Orient and Dominate" product into Palantir's "Foundry platform", simplifying data collection, insight generation, and intelligence delivery.
In October, it secured a single supply contract from the U.S. Army for $1065.15 million over 5 years, enhancing decision-making and operational readiness in force structure through transitioning legacy systems to data-centric intelligent automation platform.
### **2024 Outlook**
BBAI is emerging as a leader in the AI field, backed by product adoption from major companies. However, it is expected that losses due to the tough macroeconomic environment and Virgin Orbit's bankruptcy will impact earnings.
The revenue outlook for fiscal year 2024 is expected to be between $106.5 million and $108 million, showing a growth of 8.64% compared to the previous year.
However, earnings per share (EPS) of a loss of 75 cents is expected, with no revisions in the next 30 days.
### Stocks Evaluation: Buy, Sell, or Hold?
The BBAI stock is considered overvalued due to the current 'Value Score' being 'F'. However, strong portfolio and expanding partner base support revenue growth, justifying a premium evaluation.
Additionally, the stock price is above the 50-day and 200-day moving averages, indicating a bullish trend continues.
**Conclusion**: While it may be overvalued, it could be an attractive option for investors expecting long-term growth.
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lllasis : Thank you for the valuable information, ChatGPT.
米国株に夢中 OP lllasis :