HawkEye 360, Inc. (NYSE:HAWK) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analysts give HawkEye 360 a “Moderate Buy” consensus: Seven analysts rate it a buy, one a strong buy, and two a hold. The average 12-month price target is $36.89, with targets ranging from $34 to $42.
• HAWK shares have declined 6.5%: The stock opened at $22.78, compared with a 52-week range of $17.02 to $35.73, and the company has a market capitalization of approximately $2.23 billion.
• HawkEye 360 reported a quarterly loss of $0.07 per share, beating analyst estimates for a $0.13 loss, while revenue totaled $49.81 million. The company provides satellite-based radio-frequency geospatial intelligence data and analytics.

Shares of HawkEye 360, Inc. (NYSE:HAWK - Get Free Report) have been assigned an average rating of "Moderate Buy" from the ten brokerages that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $36.8889.

Several brokerages have weighed in on HAWK. Jefferies Financial Group raised shares of HawkEye 360 from a "hold" rating to a "buy" rating and set a $34.00 price objective for the company in a report on Monday, June 15th. UBS Group set a $42.00 price target on shares of HawkEye 360 in a research report on Monday, June 1st. Morgan Stanley assumed coverage on HawkEye 360 in a research note on Monday, June 1st. They issued an "overweight" rating and a $41.00 price target for the company. Bank of America assumed coverage on HawkEye 360 in a research note on Monday, June 1st. They set a "neutral" rating and a $34.00 price objective on the stock. Finally, Wall Street Zen raised HawkEye 360 from a "sell" rating to a "hold" rating in a report on Saturday.

HawkEye 360 Stock Down 6.5%

HAWK stock opened at $22.78 on Friday. The business's 50 day simple moving average is $21.77. HawkEye 360 has a 52-week low of $17.02 and a 52-week high of $35.73. The stock has a market cap of $2.23 billion, a P/E ratio of -11.46 and a beta of 0.72.

HawkEye 360 (NYSE:HAWK - Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported ($0.07) earnings per share for the quarter, topping analysts' consensus estimates of ($0.13) by $0.06. The company had revenue of $49.81 million for the quarter.

HawkEye 360 Company Profile

HawkEye 360 is a U.S.-based geospatial intelligence company that operates a commercial satellite constellation and analytics platform focused on radio frequency (RF) data. The company collects and geolocates RF emissions from space using clusters of small satellites, turning raw signal detections into actionable datasets and insights. Its technology is designed to reveal signal sources and patterns that are difficult or impossible to observe with conventional remote sensing systems.

HawkEye 360 offers subscription access to geospatial RF datasets, on-demand tasking, and analytic services delivered through cloud-based tools and APIs.

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