Sidoti Forecasts Higher Earnings for BlackSky Technology

Key Points

• Sidoti raised its FY2026 EPS forecast to a loss of $0.81 per share from a loss of $1.09. It projects BlackSky will reach $0.20 EPS in 2027 and $0.53 in 2028.
• BlackSky reported quarterly EPS of $0.10, beating the consensus estimate of a $0.23 loss, while revenue of $42.84 million topped estimates of $39.64 million.
• Analyst sentiment is mixed but leans positive: MarketBeat lists an average rating of “Moderate Buy” and an average price target of $39.33, alongside individual Sell and Hold ratings.

BlackSky Technology Inc. (NYSE:BKSY - Free Report) - Analysts at Sidoti raised their FY2026 EPS estimates for BlackSky Technology in a research note issued on Friday, November 6th. Sidoti analyst G. Burns now expects that the company will post earnings per share of ($0.81) for the year, up from their prior estimate of ($1.09). The consensus estimate for BlackSky Technology's current full-year earnings is ($1.09) per share. Sidoti also issued estimates for BlackSky Technology's Q4 2026 earnings at ($0.03) EPS, Q1 2027 earnings at ($0.06) EPS, Q2 2027 earnings at ($0.01) EPS, Q3 2027 earnings at $0.06 EPS, FY2027 earnings at $0.20 EPS, Q1 2028 earnings at $0.03 EPS and FY2028 earnings at $0.53 EPS.

BKSY has been the topic of a number of other reports. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of BlackSky Technology in a research note on Thursday, October 15th. Clear Str raised BlackSky Technology from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 10th. Finally, Wall Street Zen raised BlackSky Technology from a "sell" rating to a "hold" rating in a research note on Saturday. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $39.33.

BlackSky Technology Price Performance

Shares of BKSY opened at $23.77 on Tuesday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 5.72 and a current ratio of 5.83. The stock has a 50-day moving average of $20.39 and a 200-day moving average of $26.96. BlackSky Technology has a one year low of $12.41 and a one year high of $52.88.

BlackSky Technology (NYSE:BKSY - Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of ($0.23) by $0.33. The firm had revenue of $42.84 million for the quarter, compared to analyst estimates of $39.64 million. BlackSky Technology had a negative net margin of 61.24% and a negative return on equity of 51.24%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of BKSY. Tema ETFs LLC grew its holdings in BlackSky Technology by 110,505.8% during the second quarter. Tema ETFs LLC now owns 1,446,724 shares of the company's stock worth $40,393,000 after buying an additional 1,445,416 shares in the last quarter. Tidal Investments LLC bought a new position in BlackSky Technology during the 2nd quarter valued at $39,289,000. AWM Investment Company Inc. bought a new position in BlackSky Technology during the 2nd quarter valued at $33,504,000. Bank of America Corp DE boosted its holdings in BlackSky Technology by 156.1% during the 1st quarter. Bank of America Corp DE now owns 412,891 shares of the company's stock worth $10,388,000 after acquiring an additional 251,638 shares during the last quarter. Finally, Oppenheimer & Co. Inc. boosted its holdings in BlackSky Technology by 66.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 297,939 shares of the company's stock worth $6,349,000 after acquiring an additional 118,421 shares during the last quarter. Hedge funds and other institutional investors own 27.15% of the company's stock.

Insider Activity at BlackSky Technology

In related news, CEO Brian O'Toole sold 56,280 shares of the firm's stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $20.95, for a total value of $1,179,066.00. Following the transaction, the chief executive officer owned 1,063,396 shares of the company's stock, valued at approximately $22,278,146.20. This trade represents a 5.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Henry Dubois sold 15,225 shares of BlackSky Technology stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $20.95, for a total value of $318,963.75. Following the transaction, the chief financial officer owned 482,931 shares of the company's stock, valued at $10,117,404.45. This trade represents a 3.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 168,557 shares of company stock valued at $3,497,029. 5.20% of the stock is owned by corporate insiders.

Trending Headlines about BlackSky Technology

Here are the key news stories impacting BlackSky Technology this week:

• Positive Sentiment: Sidoti raised its full-year 2026 EPS forecast to a loss of $0.81 from a loss of $1.09, and its 2027 forecast to earnings of $0.20 from $0.03. It also lifted its 2028 estimate to $0.53 from $0.40, signaling stronger expected earnings growth. BlackSky Technology Q4 Earnings Forecast Increased by Sidoti
• Positive Sentiment: Quarterly estimates for Q1–Q3 2027 were also raised, with Sidoti now forecasting positive EPS of $0.06 for Q3, reinforcing the projected shift toward profitability.
• Negative Sentiment: Sidoti lowered its Q4 2026 EPS estimate to a loss of $0.03 from a loss of $0.01. The company’s forecast losses for 2026 and the need to deliver on later-year projections remain risks.

BlackSky Technology Company Profile

BlackSky Technology Inc is a space-based intelligence and geospatial analytics company that provides high-frequency monitoring of activity and changes on Earth. The company combines satellite imagery, artificial intelligence and machine learning, and other data sources to help customers identify and analyze events and locations of interest.

BlackSky operates a constellation of Earth-observation satellites and delivers imagery, alerts, and analytical products through its Spectra platform.

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