Sidoti Csr Issues Pessimistic Outlook for BKSY Earnings

BlackSky Technology Inc. (NYSE:BKSY) – Investment analysts at Sidoti Csr lowered their Q2 2025 EPS estimates for shares of BlackSky Technology in a research note issued on Monday, July 21st. Sidoti Csr analyst G. Burns now expects that the company will post earnings of ($0.43) per share for the quarter, down from their prior forecast of ($0.38). The consensus estimate for BlackSky Technology’s current full-year earnings is ($2.28) per share. Sidoti Csr also issued estimates for BlackSky Technology’s Q3 2025 earnings at ($0.35) EPS, Q4 2025 earnings at ($0.27) EPS, FY2025 earnings at ($1.42) EPS, Q1 2026 earnings at ($0.22) EPS, Q2 2026 earnings at ($0.17) EPS, Q3 2026 earnings at ($0.14) EPS, FY2026 earnings at ($0.63) EPS and FY2027 earnings at ($0.10) EPS.

BlackSky Technology (NYSE:BKSY) last posted its quarterly earnings data on Thursday, May 8th. The company reported ($0.42) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.47) by $0.05. The firm had revenue of $29.54 million for the quarter, compared to analysts’ expectations of $27.20 million. BlackSky Technology had a negative return on equity of 45.63% and a negative net margin of 50.30%.

Several other research analysts also recently commented on the stock. Canaccord Genuity Group dropped their price objective on shares of BlackSky Technology from $28.00 to $27.00 and set a “buy” rating for the company in a report on Tuesday. Benchmark boosted their target price on BlackSky Technology from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday, May 13th. Finally, HC Wainwright raised their price target on BlackSky Technology from $20.00 to $28.00 and gave the company a “buy” rating in a report on Monday. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of “Buy” and an average target price of $24.17.

BlackSky Technology Price Performance

BKSY stock opened at $20.43 on Wednesday. The company has a debt-to-equity ratio of 1.26, a quick ratio of 3.79 and a current ratio of 3.79. The company’s fifty day moving average price is $16.35 and its 200-day moving average price is $12.90. BlackSky Technology has a one year low of $3.86 and a one year high of $28.85. The company has a market capitalization of $646.45 million, a PE ratio of -7.95 and a beta of 2.07.

Institutional Investors Weigh In On BlackSky Technology

Several hedge funds and other institutional investors have recently made changes to their positions in BKSY. Bank of New York Mellon Corp increased its stake in BlackSky Technology by 89.1% in the fourth quarter. Bank of New York Mellon Corp now owns 56,298 shares of the company’s stock worth $607,000 after purchasing an additional 26,528 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of BlackSky Technology by 98.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 189,157 shares of the company’s stock worth $2,041,000 after purchasing an additional 93,715 shares during the last quarter. Corebridge Financial Inc. grew its holdings in shares of BlackSky Technology by 73.0% in the fourth quarter. Corebridge Financial Inc. now owns 12,481 shares of the company’s stock worth $135,000 after purchasing an additional 5,266 shares during the last quarter. CIBC Private Wealth Group LLC purchased a new position in BlackSky Technology in the 4th quarter worth about $76,000. Finally, Geode Capital Management LLC lifted its holdings in BlackSky Technology by 94.2% during the 4th quarter. Geode Capital Management LLC now owns 551,444 shares of the company’s stock valued at $5,951,000 after buying an additional 267,427 shares in the last quarter. Hedge funds and other institutional investors own 27.15% of the company’s stock.

About BlackSky Technology

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.