BlackSky Technology (BKSY) to Release Earnings on Thursday

Key Points

• BlackSky Technology (NYSE:BKSY) is set to announce its Q2 2025 earnings on August 7th, with analysts predicting an earnings loss of ($0.40) per share and revenue of $22.17 million.
• In a recent report, analysts noted that BlackSky’s last earnings surpassed expectations, reporting a loss of ($0.42) per share against a consensus estimate of ($0.47), indicating improved performance.
• Multiple analysts have provided positive ratings for BlackSky Technology, with several raising their price targets, leading to a current consensus rating of "Buy" and a target price of $23.50.

BlackSky Technology (NYSE:BKSY - Get Free Report) is anticipated to announce its Q2 2025 earnings results before the market opens on Thursday, August 7th. Analysts expect the company to announce earnings of ($0.40) per share and revenue of $22.17 million for the quarter. BlackSky Technology has set its FY 2025 guidance at EPS.

BlackSky Technology (NYSE:BKSY - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported ($0.42) EPS for the quarter, topping the consensus estimate of ($0.47) by $0.05. BlackSky Technology had a negative return on equity of 45.63% and a negative net margin of 50.30%. The firm had revenue of $29.54 million for the quarter, compared to analyst estimates of $27.20 million. On average, analysts expect BlackSky Technology to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

BlackSky Technology Stock Performance

NYSE:BKSY traded up $1.43 during midday trading on Monday, reaching $20.29. 688,254 shares of the company traded hands, compared to its average volume of 1,589,141. The company has a debt-to-equity ratio of 1.26, a current ratio of 3.79 and a quick ratio of 3.79. The firm has a market capitalization of $713.33 million, a price-to-earnings ratio of -7.89 and a beta of 2.09. The company has a fifty day moving average price of $17.44 and a 200 day moving average price of $13.35. BlackSky Technology has a twelve month low of $3.86 and a twelve month high of $28.85.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. boosted its holdings in shares of BlackSky Technology by 343.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 557,729 shares of the company's stock valued at $4,311,000 after buying an additional 432,023 shares in the last quarter. AQR Capital Management LLC acquired a new position in shares of BlackSky Technology during the first quarter worth $103,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in 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 valued at $117,000 after acquiring an additional 1,015 shares in the last quarter. Hedge funds and other institutional investors own 27.15% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on BKSY shares. Benchmark upped their price target on BlackSky Technology from $17.00 to $18.00 and gave the stock a "buy" rating in a research note on Tuesday, May 13th. Lake Street Capital upped their price objective on BlackSky Technology from $18.00 to $28.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. HC Wainwright increased their price target on BlackSky Technology from $20.00 to $28.00 and gave the stock a "buy" rating in a research report on Monday, July 21st. Finally, Canaccord Genuity Group lowered their target price on BlackSky Technology from $28.00 to $27.00 and set a "buy" rating for the company in a research report on Tuesday, July 22nd. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, BlackSky Technology currently has an average rating of "Buy" and a consensus price target of $23.50.

BlackSky Technology Company Profile

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.