Is BigBear.ai Stock a Buy Now?
The tech world is a competitive landscape. Three companies vying for investor attention in the even more heated subsector of data analytics are Snowflake (NYSE: SNOW), Palantir (NYSE: PLTR), and BigBear.ai (NYSE: BBAI). Snowflake and Palantir are established players, but BigBear.ai is a fresher name trying to carve out its niche in this gigantic market. So, should investors consider adding this up-and-coming data analytics expert to their stock portfolios?
Let's examine the valuation metrics in this area.
Snowflake, with its high price-to-sales (P/S) ratio of 18.6, is soaring on a wave of investor optimism. Palantir's even richer P/S ratio of 24.1 suggests it might be overvalued, even in comparison to Snowflake. BigBear.ai, on the other hand, carries a more modes P/S ratio of 2.0.
Source Fool.com
