BlackSky Technology’s (BKSY) “Buy” Rating Reiterated at HC Wainwright

HC Wainwright restated their buy rating on shares of BlackSky Technology (NYSE:BKSY) in a report issued on Friday morning,Benzinga reports. HC Wainwright currently has a $42.00 target price on the stock. HC Wainwright also issued estimates for BlackSky Technology’s Q2 2026 earnings at ($0.36) EPS, Q3 2026 earnings at ($0.34) EPS, Q4 2026 earnings at ($0.21) EPS and FY2027 earnings at ($1.05) EPS.

Several other research analysts have also recently weighed in on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of BlackSky Technology in a research note on Wednesday, January 21st. Jefferies Financial Group initiated coverage on BlackSky Technology in a research report on Monday, December 22nd. They set a “buy” rating and a $23.00 target price on the stock. Five analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, BlackSky Technology currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.40.

BlackSky Technology Stock Down 5.5%

BlackSky Technology stock opened at $18.89 on Friday. BlackSky Technology has a one year low of $6.15 and a one year high of $33.20. The stock has a fifty day moving average of $22.88 and a 200 day moving average of $20.73. The company has a debt-to-equity ratio of 2.08, a quick ratio of 3.89 and a current ratio of 3.89. The stock has a market cap of $680.00 million, a PE ratio of -8.79 and a beta of 2.44.

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

Institutional Trading of BlackSky Technology

Several institutional investors have recently made changes to their positions in BKSY. AQR Capital Management LLC purchased a new position in BlackSky Technology in the 1st quarter worth approximately $103,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of BlackSky Technology by 7.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,174 shares of the company’s stock worth $117,000 after buying an additional 1,015 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings 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 buying an additional 432,023 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in shares of BlackSky Technology by 6,937.5% during the second quarter. Nisa Investment Advisors LLC now owns 1,689 shares of the company’s stock worth $35,000 after acquiring an additional 1,665 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC purchased a new position in BlackSky Technology during the second quarter valued at $57,000. Hedge funds and other institutional investors own 27.15% of the company’s stock.

BlackSky Technology News Roundup

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

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.