BlackSky Technology (NYSE:BKSY - Get Free Report) posted its earnings results on Thursday, May 8th. The company reported ($0.42) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.47) by $0.05, Zacks reports. BlackSky Technology had a negative net margin of 38.83% and a negative return on equity of 49.91%. The firm had revenue of $29.54 million during the quarter, compared to the consensus estimate of $27.20 million. BlackSky Technology updated its FY 2025 guidance to EPS.
BlackSky Technology Stock Down 0.7%
Shares of NYSE:BKSY traded down $0.08 during trading on Thursday, reaching $12.24. 391,630 shares of the stock were exchanged, compared to its average volume of 1,353,977. The firm has a market cap of $387.39 million, a price-to-earnings ratio of -5.40 and a beta of 1.74. The stock has a fifty day moving average of $8.44 and a two-hundred day moving average of $10.63. BlackSky Technology has a 1-year low of $3.86 and a 1-year high of $21.92. The company has a debt-to-equity ratio of 0.89, a current ratio of 5.68 and a quick ratio of 5.68.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on BKSY. Canaccord Genuity Group assumed coverage on shares of BlackSky Technology in a report on Thursday, April 10th. They set a "buy" rating and a $12.00 price target for the company. Benchmark upped their target price on BlackSky Technology from $17.00 to $18.00 and gave the company a "buy" rating in a report on Tuesday. Oppenheimer boosted their target price on shares of BlackSky Technology from $10.00 to $30.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 19th. Finally, HC Wainwright reissued a "buy" rating and issued a $20.00 target price on shares of BlackSky Technology in a research note on Friday, March 7th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, BlackSky Technology has an average rating of "Buy" and a consensus price target of $20.33.
Check Out Our Latest Stock Report on BlackSky Technology
BlackSky Technology Company Profile
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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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