BlackSky Technology Inc. (NYSE:BKSY - Free Report) - Investment analysts at HC Wainwright cut their Q2 2025 earnings estimates for shares of BlackSky Technology in a report issued on Monday, July 21st. HC Wainwright analyst S. Buck now expects that the company will post earnings per share of ($0.61) for the quarter, down from their prior forecast of ($0.53). HC Wainwright has a "Buy" rating and a $28.00 price objective on the stock. The consensus estimate for BlackSky Technology's current full-year earnings is ($2.28) per share. HC Wainwright also issued estimates for BlackSky Technology's Q3 2025 earnings at ($0.44) EPS, Q4 2025 earnings at ($0.27) EPS, FY2025 earnings at ($1.73) EPS and FY2026 earnings at ($1.10) EPS.
BlackSky Technology (NYSE:BKSY - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported ($0.42) earnings per share for the quarter, topping analysts' consensus estimates of ($0.47) by $0.05. BlackSky Technology had a negative net margin of 50.30% and a negative return on equity of 45.63%. The business had revenue of $29.54 million for the quarter, compared to analyst estimates of $27.20 million.
Other analysts have also issued research reports about the stock. Canaccord Genuity Group reduced their price target on shares of BlackSky Technology from $28.00 to $27.00 and set a "buy" rating on the stock in a research report on Tuesday. Lake Street Capital lifted their price target on shares of BlackSky Technology from $18.00 to $28.00 and gave the company a "buy" rating in a research report on Thursday. Finally, Benchmark lifted their price target on shares of BlackSky Technology from $17.00 to $18.00 and gave the company a "buy" rating in a research report on Tuesday, May 13th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $23.50.
Read Our Latest Report on BlackSky Technology
BlackSky Technology Trading Down 3.8%
Shares of BKSY stock traded down $0.78 during trading on Wednesday, hitting $19.75. 1,749,140 shares of the stock traded hands, compared to its average volume of 2,581,532. The firm has a market capitalization of $625.25 million, a P/E ratio of -7.69 and a beta of 2.07. The company has a debt-to-equity ratio of 1.26, a current ratio of 3.79 and a quick ratio of 3.79. The firm's fifty day moving average price is $16.67 and its 200-day moving average price is $13.02. BlackSky Technology has a 52-week low of $3.86 and a 52-week high of $28.85.
Institutional Trading of BlackSky Technology
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. IFP Advisors Inc raised its position in BlackSky Technology by 35,575.0% in the second quarter. IFP Advisors Inc now owns 1,427 shares of the company's stock valued at $32,000 after purchasing an additional 1,423 shares during the period. Summit Investment Advisors Inc. raised its position in BlackSky Technology by 115.2% in the fourth quarter. Summit Investment Advisors Inc. now owns 2,626 shares of the company's stock valued at $28,000 after purchasing an additional 1,406 shares during the period. BNP Paribas Financial Markets raised its position in BlackSky Technology by 22.7% in the fourth quarter. BNP Paribas Financial Markets now owns 3,691 shares of the company's stock valued at $40,000 after purchasing an additional 683 shares during the period. GAMMA Investing LLC raised its position in BlackSky Technology by 14,829.2% in the first quarter. GAMMA Investing LLC now owns 7,166 shares of the company's stock valued at $55,000 after purchasing an additional 7,118 shares during the period. Finally, CIBC Private Wealth Group LLC acquired a new position in shares of BlackSky Technology in the fourth quarter worth $76,000. Hedge funds and other institutional investors own 27.15% of the company's stock.
About BlackSky Technology
(
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.
See Also
Before you consider BlackSky Technology, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackSky Technology wasn't on the list.
While BlackSky Technology currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
