13 Best AI Stocks to Buy Under $10

10. BigBear.ai Holdings, Inc. (NYSE:BBAI)

Stock Price as of May 12: $3.16

Number of Hedge Fund Holders: 13

BigBear.ai Holdings, Inc. (NYSE:BBAI) is a technology company that offers artificial intelligence-powered decision intelligence solutions. It also helps organizations operationalize AI by analyzing complex data and providing actionable insights in national security, supply chain management, and digital identity. Likewise, it is one of the best AI stocks to buy, with solid financial results that underscore underlying growth.

BigBear.ai Holdings, Inc. (NYSE:BBAI) delivered solid first-quarter results with a 5% revenue growth of $34.8 million. In addition, its net loss shrank by more than half to $62 million compared to a net loss of $127.8 million delivered the same quarter last year. The better-than-expected results come from BigBear.ai Holdings solutions, resonating well with the sectors for which they were built.

For starters, BigBear.ai Holdings, Inc. (NYSE:BBAI) has inked a strategic partnership with Hardy Dynamics to integrate AI and machine learning into a drone swarm for the US Army. The army-funded project signals strong interest in the company’s ConductorOS platform, which enables secure AI-powered coordination among unmanned aerial systems. Therefore, it places the company at the forefront of AI integrations in military operations, which is expected to unlock new growth opportunities. However, on May 2, Cantor Fitzgerald cut BigBear.ai Holdings, Inc.’s (NYSE:BBAI) price target from $6.00 to $5.00 but kept an Overweight rating, citing macroeconomic concerns.