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Barchart
Barchart
Anushka Mukherji

This Underdog AI Stock Just Got a New Street-High Price Target

It’s no secret that artificial intelligence (AI) has been one of the hottest investment themes in recent years, with investors always on the lookout for the next breakout player in this fast-evolving space. Sure, giants like Nvidia (NVDA) dominate headlines as well as portfolios. But under-the-radar names like BigBear.ai (BBAI) are starting to turn some heads, too, with BBAI stock posting impressive double-digit gains this year. 

The company develops AI-powered software that helps organizations make sense of complex data, with a solid chunk of its revenue coming from government and defense contracts. What makes BigBear.ai particularly intriguing is its unique position at the intersection of two sizzling sectors: AI and defense technology. That combination could make it a standout pick for investors on the hunt for the next Palantir (PLTR), which has skyrocketed a remarkable 810% over the past two years. 

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