Should I buy or sell BlackSky Technology stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BlackSky Technology in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BKSY shares. View BKSY analyst ratings or view top-rated stocks .

What is BlackSky Technology's stock price target for 2024?

4 brokers have issued 12 month price objectives for BlackSky Technology's shares. Their BKSY share price targets range from $2.50 to $3.00. On average, they anticipate the company's stock price to reach $2.63 in the next year. This suggests a possible upside of 122.5% from the stock's current price. View analysts price targets for BKSY or view top-rated stocks among Wall Street analysts .

How have BKSY shares performed in 2024?

BlackSky Technology's stock was trading at $1.40 on January 1st, 2024. Since then, BKSY stock has decreased by 15.7% and is now trading at $1.18. View the best growth stocks for 2024 here .

Are investors shorting BlackSky Technology?

BlackSky Technology saw a increase in short interest in March. As of March 15th, there was short interest totaling 6,050,000 shares, an increase of 9.2% from the February 29th total of 5,540,000 shares. Based on an average daily volume of 661,100 shares, the days-to-cover ratio is presently 9.2 days. Approximately 6.4% of the shares of the stock are sold short. View BlackSky Technology's Short Interest .

When is BlackSky Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our BKSY earnings forecast .

How were BlackSky Technology's earnings last quarter?

BlackSky Technology Inc. (NYSE:BKSY) released its earnings results on Wednesday, February, 28th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.04. The firm earned $35.51 million during the quarter, compared to analyst estimates of $26.13 million. BlackSky Technology had a negative net margin of 57.06% and a negative trailing twelve-month return on equity of 75.79%.

What guidance has BlackSky Technology issued on next quarter's earnings?

BlackSky Technology issued an update on its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $102.0 million-$118.0 million, compared to the consensus revenue estimate of $118.7 million.

How do I buy shares of BlackSky Technology?

Shares of BKSY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:BKSY

BlackSky Technology (BKSY) Stock Price, News & Analysis

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$1.18

-0.01 (-0.84%)

(As of 04/18/2024 ET)

Compare

Today's Range: $1.17
▼
$1.25
50-Day Range: $1.18
▼
$1.64
52-Week Range: $1.04
▼
$2.37

Volume: 605,434 shs
Average Volume: 619,750 shs
Market Capitalization: $172.59 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.63

Get BlackSky Technology alerts:

BlackSky Technology MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 122.5% Upside
$2.63 Price Target
Short Interest: Bearish
6.07% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.29) to ($0.15) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.74 out of 5 stars

Business Services Sector

270th out of 293 stocks

Radio & T.V. Communications Equipment Industry

18th out of 19 stocks

3.5

Analyst's Opinion

Consensus Rating
BlackSky Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
BlackSky Technology has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
6.07% of the float of BlackSky Technology has been sold short.
Short Interest Ratio / Days to Cover
BlackSky Technology has a short interest ratio ("days to cover") of 9.1.
Change versus previous month
Short interest in BlackSky Technology has recently decreased by 4.79%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
BlackSky Technology does not currently pay a dividend.
Dividend Growth
BlackSky Technology does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BKSY.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for BlackSky Technology this week, compared to 1 article on an average week.
Search Interest
Only 9 people have searched for BKSY on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
Only 8 people have added BlackSky Technology to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, BlackSky Technology insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.16% of the stock of BlackSky Technology is held by insiders.
Percentage Held by Institutions
Only 27.15% of the stock of BlackSky Technology is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for BlackSky Technology are expected to grow in the coming year, from ($0.29) to ($0.15) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of BlackSky Technology is -2.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of BlackSky Technology is -2.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
BlackSky Technology has a P/B Ratio of 1.82. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About BlackSky Technology Stock (NYSE:BKSY)

BlackSky Technology Inc. provides geospatial intelligence, imagery and related data analytic products and services, and mission systems that include the development, integration, and operation of satellite and ground systems for government and commercial customers in North America, the Middle East, the Asia Pacific, and internationally. The company's Spectra software platform processes a range of observations from its satellite constellation and various external data sources, including imaging, radar and radio frequency satellites, environmental sensors, asset tracking sensors, Internet-of-Things (IoT) connected devices, internet-enabled narrative sources, and a variety of geotemporal data feeds. It offers a range of services related to object, change and anomaly detection, site monitoring, and enhanced analytics, which helps to detect key pattern of life changes in critical locations, including strategic locations and infrastructure comprising ports, airports, and construction sites; retail activity; commodities stockpiles; and other sites that contain critical commodities and supply chain inventory. In addition, the company develops and delivers satellites and payload systems; and provides professional and engineering services. Its products and services are used in national security, supply chain intelligence, crisis management, critical infrastructure monitoring, economic intelligence, and other applications. BlackSky Technology Inc. was incorporated in 2018 and is headquartered in Herndon, Virginia.

BKSY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BKSY Stock News Headlines

April 18, 2024 | seekingalpha.com

BlackSky Technology Appears Undervalued Despite Recent Major Contract Wins

April 7, 2024 | investorplace.com

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April 18, 2024 | Crypto Swap Profits (Ad)

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March 16, 2024 | markets.businessinsider.com

RBC Capital Remains a Buy on Jamf Holding (JAMF)

March 15, 2024 | uk.investing.com

BlackSky secures $24 million Air Force contract for AI services

March 14, 2024 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: Jamf Holding (JAMF), BlackSky Technology (BKSY) and UiPath (PATH)

March 13, 2024 | businesswire.com

BlackSky Wins Competitive $24 Million Air Force Research Laboratory Contract for Global Moving Target Engagement

March 11, 2024 | investorplace.com

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April 18, 2024 | Crypto Swap Profits (Ad)

Did You Get Your Free Bitcoin Yet?

March 6, 2024 | finance.yahoo.com

BlackSky Spectra® Nominated for Via Satellite’s 2023 Satellite Technology of the Year Award

March 6, 2024 | businesswire.com

BlackSky Spectra® Nominated for Via Satellite's 2023 Satellite Technology of the Year Award

March 4, 2024 | investorplace.com

Unleash Your Inner Bull: 3 Stocks for Aggressive Growth

March 4, 2024 | businesswire.com

BlackSky Wins Multi-Million Dollar Contract in Support of U.S. Department of Defense Moving Target Study

March 1, 2024 | seekingalpha.com

BlackSky Technology, Inc. (BKSY) Q4 2023 Earnings Call Transcript

February 29, 2024 | finance.yahoo.com

BlackSky Technology Inc. (NYSE:BKSY) Q4 2023 Earnings Call Transcript

February 28, 2024 | markets.businessinsider.com

Craig-Hallum Keeps Their Hold Rating on BlackSky Technology (BKSY)

February 28, 2024 | finance.yahoo.com

BlackSky Technology Inc (BKSY) Reports Significant Revenue Growth and Positive Adjusted EBITDA ...

February 28, 2024 | businesswire.com

BlackSky Reports Fourth Quarter and Full Year 2023 Results

February 26, 2024 | finance.yahoo.com

BlackSky Technology Inc.'s (NYSE:BKSY) largest shareholders are retail investors with 40% ownership, institutions own 24%

February 22, 2024 | investorplace.com

7 Growth Stocks to Buy Before They Double in 2024

February 21, 2024 | investorplace.com

3 Space Stocks to Turn $10,000 Into $1 Million: February 2024

February 17, 2024 | finance.yahoo.com

BKSY Mar 2024 2.500 call

February 12, 2024 | markets.businessinsider.com

Craig-Hallum Reaffirms Their Buy Rating on BlackSky Technology (BKSY)

February 8, 2024 | finance.yahoo.com

BlackSky Wins Approximately $50 Million in Multi-Year Contracts for Gen-3 Capabilities and Services to Accelerate Sovereign Space Capabilities for Indonesian Ministry of Defense

February 5, 2024 | finance.yahoo.com

BlackSky to Host Fourth Quarter and Full Year 2023 Results Conference Call

January 30, 2024 | finance.yahoo.com

IARPA Selects BlackSky Spectra® Software Platform as Leading Space-Based AI Approach for Bringing Speed and Scalability to Broad Area Search Mission

January 11, 2024 | finance.yahoo.com

BlackSky Wins Initial Task Order Exceeding $1 Million Against New Multi-Year Contract to Deliver Space-based Intelligence Capabilities to Indonesian Ministry of Defense

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Business Services
Industry: Radio & t.v. communications equipment
Sub-Industry: N/A
Current Symbol: NYSE:BKSY
CUSIP: N/A
CIK: 1753539
Web: www.osprey-technology.com
Phone: 571-267-1571
Fax: N/A
Employees: 279
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $2.63
High Stock Price Target: $3.00
Low Stock Price Target: $2.50
Potential Upside/Downside: +118.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.41)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-53,860,000.00
Net Margins: -57.06%
Pretax Margin: -56.29%
Return on Equity: -75.79%
Return on Assets: -32.85%

Debt

Debt-to-Equity Ratio: 0.90
Current Ratio: 2.89
Quick Ratio: 2.89

Sales & Book Value

Annual Sales: $94.49 million
Price / Sales: 1.86
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.65 per share
Price / Book: 1.85

Miscellaneous

Outstanding Shares: 146,260,000
Free Float: 141,641,000
Market Cap: $175.51 million
Optionable: Optionable
Beta: 1.02

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Key Executives

Mr. Brian E. O'Toole (Age 60)
CEO, President & Director
Comp: $1.11M
Mr. Henry Edward Dubois (Age 62)
Chief Financial Officer
Comp: $890.48k
Ms. Christiana L. Lin Esq. (Age 54)
General Counsel, Chief Administrative Officer & Secretary
Comp: $626.43k
Mr. Nicholas Merski
Chief Operating Officer
Ms. Tracy M. Ward (Age 46)
Senior VP, Controller & Principal Accounting Officer
Mr. Patrick O'Neil
Chief Technology Officer
Kevin Rioles
Chief Information Officer
Mr. Aly Bonilla
Vice President of Investor Relations
Anthony Porco
Vice President of Compliance
Andy Stephenson
Senior Vice President of Global Sales

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

BKSY Stock Analysis - Frequently Asked Questions

Should I buy or sell BlackSky Technology stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BlackSky Technology in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BKSY shares.
View BKSY analyst ratings or view top-rated stocks.
What is BlackSky Technology's stock price target for 2024?: 4 brokers have issued 12 month price objectives for BlackSky Technology's shares. Their BKSY share price targets range from $2.50 to $3.00. On average, they anticipate the company's stock price to reach $2.63 in the next year. This suggests a possible upside of 122.5% from the stock's current price.
View analysts price targets for BKSY or view top-rated stocks among Wall Street analysts.
How have BKSY shares performed in 2024?: BlackSky Technology's stock was trading at $1.40 on January 1st, 2024. Since then, BKSY stock has decreased by 15.7% and is now trading at $1.18.
View the best growth stocks for 2024 here.
Are investors shorting BlackSky Technology?: BlackSky Technology saw a increase in short interest in March. As of March 15th, there was short interest totaling 6,050,000 shares, an increase of 9.2% from the February 29th total of 5,540,000 shares. Based on an average daily volume of 661,100 shares, the days-to-cover ratio is presently 9.2 days. Approximately 6.4% of the shares of the stock are sold short.
View BlackSky Technology's Short Interest.

When is BlackSky Technology's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our BKSY earnings forecast.
How were BlackSky Technology's earnings last quarter?: BlackSky Technology Inc. (NYSE:BKSY) released its earnings results on Wednesday, February, 28th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.04. The firm earned $35.51 million during the quarter, compared to analyst estimates of $26.13 million. BlackSky Technology had a negative net margin of 57.06% and a negative trailing twelve-month return on equity of 75.79%.
What guidance has BlackSky Technology issued on next quarter's earnings?: BlackSky Technology issued an update on its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $102.0 million-$118.0 million, compared to the consensus revenue estimate of $118.7 million.
How do I buy shares of BlackSky Technology?: Shares of BKSY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BKSY) was last updated on 4/18/2024 by MarketBeat.com Staff

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BlackSky Technology (BKSY) Stock Price, News & Analysis

BlackSky Technology MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About BlackSky Technology Stock (NYSE:BKSY)

BKSY Stock Price History

BKSY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

BKSY Stock Analysis - Frequently Asked Questions

Overall MarketRank^™