BigBear.ai (NYSE: BBAI) Soars on Q3 Beat and $250M Ask Sage Deal — Shares Jump ~19% Pre‑Market on Nov. 11, 2025
BigBear.ai shares jumped about 19% pre-market to $6.81 after reporting Q3 revenue of $33.1 million (down 20% year-over-year) and announcing a $250 million deal to acquire Ask Sage. The company posted GAAP net income of $2.5 million, with record cash of $456.6 million and a reaffirmed FY25 revenue outlook of $125–$140 million. Cantor Fitzgerald raised its price target to $7.