Q1 Earnings Forecast for BKSY Issued By Sidoti Csr

BlackSky Technology Inc. (NYSE:BKSY - Free Report) - Investment analysts at Sidoti Csr issued their Q1 2027 earnings per share (EPS) estimates for shares of BlackSky Technology in a research report issued to clients and investors on Monday, July 21st. Sidoti Csr analyst G. Burns expects that the company will earn ($0.09) per share for the quarter. The consensus estimate for BlackSky Technology's current full-year earnings is ($2.28) per share. Sidoti Csr also issued estimates for BlackSky Technology's Q2 2027 earnings at ($0.05) EPS.

BlackSky Technology (NYSE:BKSY - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.42) earnings per share for the quarter, topping the consensus estimate of ($0.47) by $0.05. The company had revenue of $29.54 million for the quarter, compared to the consensus estimate of $27.20 million. BlackSky Technology had a negative return on equity of 45.63% and a negative net margin of 50.30%.

Several other research firms also recently weighed in on BKSY. Canaccord Genuity Group cut their price target on BlackSky Technology from $28.00 to $27.00 and set a "buy" rating on the stock in a research note on Tuesday. Lake Street Capital increased their target price on BlackSky Technology from $18.00 to $28.00 and gave the company a "buy" rating in a research note on Thursday. Benchmark increased their target price on BlackSky Technology from $17.00 to $18.00 and gave the company a "buy" rating in a research note on Tuesday, May 13th. Finally, HC Wainwright increased their target price on BlackSky Technology from $20.00 to $28.00 and gave the company a "buy" rating in a research note on Monday. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $23.50.

BlackSky Technology Stock Down 4.5%

Shares of BlackSky Technology stock traded down $0.93 during midday trading on Tuesday, hitting $19.60. The company had a trading volume of 852,048 shares, compared to its average volume of 1,592,779. The company has a debt-to-equity ratio of 1.26, a quick ratio of 3.79 and a current ratio of 3.79. The stock has a market capitalization of $620.47 million, a P/E ratio of -7.62 and a beta of 2.07. The company has a 50 day moving average of $16.52 and a 200 day moving average of $12.96. BlackSky Technology has a 52-week low of $3.86 and a 52-week high of $28.85.

Hedge Funds Weigh In On BlackSky Technology

A number of institutional investors and hedge funds have recently modified their holdings of the company. Concurrent Investment Advisors LLC bought a new position in BlackSky Technology in the 2nd quarter worth $371,000. IFP Advisors Inc raised its holdings in BlackSky Technology by 35,575.0% in the 2nd quarter. IFP Advisors Inc now owns 1,427 shares of the company's stock worth $32,000 after purchasing an additional 1,423 shares during the period. Patriot Financial Group Insurance Agency LLC raised its holdings in BlackSky Technology by 4.0% in the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 118,250 shares of the company's stock worth $2,434,000 after purchasing an additional 4,500 shares during the period. LBP AM SA raised its holdings in BlackSky Technology by 198.1% in the 2nd quarter. LBP AM SA now owns 112,905 shares of the company's stock worth $2,324,000 after purchasing an additional 75,024 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in BlackSky Technology by 343.7% in the 1st 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. 27.15% of the stock is currently owned by hedge funds and other institutional investors.

About BlackSky Technology

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.