BigBear.ai stock steadies premarket as investors brace for Feb. 18 vote on share increase

New York, Feb 10, 2026, 8:23 a.m. EST — Premarket.

• BigBear.ai shares were little changed in premarket trade after a sharp rise in the prior session
• Investors are watching a Feb. 18 shareholder meeting on doubling authorized common shares
• Heavy recent volume has kept the small-cap AI name on traders’ screens

BigBear.ai Holdings shares were little changed at $4.87 in premarket trading on Tuesday after climbing about 3.2% in the previous session. (Source: 1 )

The next date on the calendar is not an earnings call. It is a shareholder vote that could reshape how much stock the company is allowed to issue.

BigBear.ai told investors in proxy materials that it will reconvene a special meeting on Feb. 18 to vote on an amendment that would increase its authorized common shares to 1 billion from 500 million. Authorized shares are the maximum a company can legally issue, and raising that ceiling can feed dilution worries even before any stock is sold. (Source: 2 )

The filing said online voting will remain open until 11:59 p.m. ET on Feb. 17, and the board recommends shareholders vote “for” the proposal.

BigBear.ai’s move on Monday came with outsized turnover for the stock, which has swung sharply in recent sessions. About 58 million shares changed hands in the regular session, according to Investing.com data. (Source: 3 )

Traders have also been circling the company’s recent push into trade and border-tech work. In a Jan. 28 release about a partnership with AD Ports Group’s Maqta Technologies, Chief Executive Kevin McAleenan said BigBear.ai was “delighted to partner” as the firms explore AI tools for customs and border operations, while AD Ports Group CEO Captain Mohamed Juma Al Shamisi called it “a significant step” toward AI-driven digital trade and customs solutions. (Source: 4 )

Earlier, BigBear.ai said it had acquired certain technologies of CargoSeer, an AI software company focused on cargo scanning enhancement and trade risk management, for an undisclosed amount. (Source: 5 )

Balance-sheet items have been part of the story, too. The company said in January it planned to redeem certain convertible notes — debt that can convert into stock — in a move it said would cut debt materially. (Source: 6 )

BigBear.ai trades in the slipstream of better-known data-and-defense software names. Palantir Technologies was higher in early trade on Tuesday, while C3.ai was little changed.

But the near-term setup cuts both ways. If shareholders approve a higher authorized share count, investors may assume the company will eventually tap the market, even if it does not move right away. If the proposal fails again, the company could be forced back to shareholders later or look for other financing routes, a slower and messier path.

For now, traders are watching the vote deadline on Feb. 17 and the Feb. 18 reconvened meeting for any fresh detail on capital plans and dilution risk. (Source: 7 )