Shares of BigBear.ai Holdings (BBAI), a leader in AI-powered decision intelligence solutions, experienced a significant drop in pre-market trading on Friday. The stock plunged 5.06%, continuing the downward trend observed in the previous trading session.
The decline comes as the company announced its plans to release third-quarter 2025 earnings results on November 10, 2025. BigBear.ai stated that the earnings release will be accessible on the company's investor relations website, with an earnings call scheduled for the same evening. This upcoming financial report may be contributing to investor uncertainty, potentially leading to the current sell-off.
Adding to the bearish sentiment, mixed options activity was reported for BigBear.ai on the previous trading day. With shares down 9.57% and options volume roughly in line with the average, the market appears to be expressing caution ahead of the earnings announcement. This combination of factors suggests that investors may be repositioning their holdings or hedging their bets in anticipation of the upcoming financial results, contributing to the stock's current downward movement.