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BlackSky Technology (NYSE:BKSY) Releases Quarterly Earnings Results

BlackSky Technology logo with Business Services background

BlackSky Technology (NYSE:BKSY - Get Free Report) issued its quarterly earnings results on Thursday. The company reported ($0.42) EPS for the quarter, beating analysts' consensus estimates of ($0.47) by $0.05, Zacks reports. BlackSky Technology had a negative return on equity of 49.91% and a negative net margin of 38.83%. BlackSky Technology updated its FY 2025 guidance to EPS.

BlackSky Technology Stock Performance

NYSE BKSY traded up $0.17 on Friday, hitting $11.62. 1,072,594 shares of the stock were exchanged, compared to its average volume of 834,716. The company has a market capitalization of $367.80 million, a PE ratio of -5.14 and a beta of 1.74. The company has a debt-to-equity ratio of 0.89, a current ratio of 5.68 and a quick ratio of 5.68. The business's fifty day moving average is $8.44 and its 200 day moving average is $10.56. BlackSky Technology has a 52 week low of $3.86 and a 52 week high of $21.92.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. HC Wainwright restated a "buy" rating and issued a $20.00 target price on shares of BlackSky Technology in a research note on Friday, March 7th. Oppenheimer increased their target price on shares of BlackSky Technology from $10.00 to $30.00 and gave the stock an "outperform" rating in a report on Wednesday, February 19th. Benchmark reiterated a "buy" rating and issued a $17.00 price target on shares of BlackSky Technology in a research note on Friday, March 7th. Finally, Canaccord Genuity Group initiated coverage on shares of BlackSky Technology in a research note on Thursday, April 10th. They set a "buy" rating and a $12.00 price objective for the company. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $20.17.

Check Out Our Latest Stock Report on BlackSky Technology

BlackSky Technology Company Profile

(Get Free Report)

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.

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Earnings History for BlackSky Technology (NYSE:BKSY)

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