BlackSky Technology Inc. (NYSE:BKSY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of BlackSky Technology Inc. (NYSE:BKSY) have been given an average recommendation of “Moderate Buy” by the six brokerages that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $27.40.

A number of equities analysts have recently issued reports on the company. Canaccord Genuity Group dropped their price target on BlackSky Technology from $27.00 to $26.00 and set a “buy” rating on the stock in a research note on Friday. Weiss Ratings restated a “sell (d-)” rating on shares of BlackSky Technology in a research note on Wednesday, January 21st. Jefferies Financial Group started coverage on shares of BlackSky Technology in a research report on Monday, December 22nd. They set a “buy” rating and a $23.00 price target for the company. Finally, HC Wainwright restated a “buy” rating and set a $42.00 target price on shares of BlackSky Technology in a research report on Friday.

BlackSky Technology Stock Performance

Shares of BKSY stock opened at $18.89 on Friday. The company has a quick ratio of 3.89, a current ratio of 3.89 and a debt-to-equity ratio of 2.08. The company has a 50 day moving average price of $22.88 and a 200-day moving average price of $20.71. BlackSky Technology has a 52 week low of $6.15 and a 52 week high of $33.20. The firm has a market capitalization of $680.00 million, a PE ratio of -8.79 and a beta of 2.43.

BlackSky Technology (NYSE:BKSY) last issued its quarterly earnings data on Thursday, February 26th. The company reported ($0.19) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.06. BlackSky Technology had a negative net margin of 65.93% and a negative return on equity of 54.86%. The company had revenue of $35.21 million for the quarter, compared to the consensus estimate of $37.13 million. As a group, equities research analysts expect that BlackSky Technology will post -2.28 earnings per share for the current year.

Key BlackSky Technology News

Here are the key news stories impacting BlackSky Technology this week:

• Positive Sentiment: Q4 EPS beat consensus (reported ($0.19) vs. est. ($0.25)), showing improved profitability metrics vs. last year — a supportive data point for the stock. MarketBeat EPS/press release
• Positive Sentiment: HC Wainwright reaffirmed a “buy” rating and kept a $42 price target, signaling continued analyst conviction and large upside vs. the current price. Benzinga note
• Positive Sentiment: Stonegate’s coverage update highlights adjusted EBITDA of $8.8M and improved adjusted EPS, suggesting improving underlying profitability trends that could support valuation if sustained. Newsfile Stonegate report
• Neutral Sentiment: Canaccord trimmed its price target modestly from $27 to $26 but left a “buy” rating — a small shift that still implies upside, so mixed for near-term sentiment. Benzinga/Canaccord note
• Neutral Sentiment: Company messaging and the earnings call emphasized a “strong finish” and Gen‑3 product progress (positive operational color, but requires execution). Yahoo Earnings Highlights
• Negative Sentiment: Revenue missed estimates ($35.21M vs. est. $37.13M), and FY26 revenue guidance ($120M–$145M) sits at or slightly below consensus — the top‑line weakness and conservative midpoint likely drove downward pressure. Zacks revenue coverage
• Negative Sentiment: Unusually high put option volume suggests traders are positioning for further downside, increasing near-term volatility and selling pressure. AmericanBankingNews options report
• Negative Sentiment: Analyst commentary and market writeups (e.g., Seeking Alpha) warn the shares may still be expensive relative to fundamentals, which can cap upside until revenue/growth visibility improves. Seeking Alpha valuation piece

Hedge Funds Weigh In On BlackSky Technology

Several institutional investors and hedge funds have recently bought and sold shares of BKSY. Bank of New York Mellon Corp increased its position in BlackSky Technology by 392.8% in the fourth quarter. Bank of New York Mellon Corp now owns 2,072,543 shares of the company’s stock worth $38,860,000 after buying an additional 1,652,014 shares in the last quarter. Daiwa Securities Group Inc. purchased a new position in BlackSky Technology during the fourth quarter valued at approximately $16,395,000. Goldman Sachs Group Inc. boosted its position in shares of BlackSky Technology by 343.7% in the first quarter. Goldman Sachs Group Inc. now owns 557,729 shares of the company’s stock worth $4,311,000 after purchasing an additional 432,023 shares during the period. Wasatch Advisors LP purchased a new stake in shares of BlackSky Technology in the third quarter worth $8,278,000. Finally, Portolan Capital Management LLC purchased a new stake in shares of BlackSky Technology in the third quarter worth $7,855,000. 27.15% of the stock is currently owned by hedge funds and other institutional investors.

About BlackSky Technology

BlackSky Technology, Inc operates Earth observation and geospatial intelligence services through a constellation of small satellites and an analytics platform. The company collects and processes high-revisit satellite imagery, enabling near-real-time monitoring of global events and locations. Clients across government, defense and commercial sectors leverage BlackSky’s imagery and data to support decision-making in areas such as supply chain monitoring, humanitarian aid, infrastructure management and security operations.

Founded in 2014 as part of Spaceflight Industries, BlackSky has grown its satellite constellation and analytics capabilities to deliver satellite imagery with high revisit rates and rapid tasking.