The viability of BigBear. ai as an investment has been questioned due to its volatile stock performance since going public through a SPAC merger. The enterprise AI software company failed to meet its growth estimates and faced challenges such as rising interest rates and financial difficulties. However, some investors are still drawn to it as a potential growth stock. BigBear. ai develops data mining and analytics tools for edge networks and initially showed promise in the expanding markets of analytics and AI. The company blamed its slowdown on macro headwinds and the bankruptcy of a major customer.

Despite its current poor numbers, some contrarian investors believe it could bounce back under the leadership of its new CEO, who has implemented measures to stabilize the business, secure new contracts, and cut costs. Analysts expect an increase in revenue and positive adjusted EBITDA in the coming years. Insiders buying shares and a significant percentage of the stock being shorted also contribute to continued investor interest. While it may not be considered a meme stock, caution should still be exercised due to its reliance on acquisitions and unpredictable challenges.