Many companies that sell artificial intelligence (AI) services have seen their share price skyrocket over the past couple of years. AI data analytics company BigBear.ai (NYSE: BBAI) has seen significant volatility, but it has also benefited from bullish market sentiment.
The company’s share price has surged 142% over the past 12 months, dwarfing the 11% return of the S&P 500. That said, it has also lost a lot of ground lately with a 24% decline in just the past three months.
The recent dip no doubt has some investors wondering if this is a great time to buy BigBear.ai stock or a warning sign to stay away. The company still has a lot to prove, and here are three reasons investors should leave this AI stock alone right now.