Q3 EPS Estimate for BlackSky Technology Raised by Analyst

Key Points

• Sidoti raised BlackSky Technology’s Q3 2026 EPS estimate to a loss of $0.23 per share from a previous loss estimate of $0.25. The analyst also forecasts a loss of $1.09 per share for FY2026 and earnings of $0.03 per share for FY2027.
• BlackSky’s latest quarterly results missed expectations, with an EPS loss of $0.54 versus the consensus loss of $0.38, although revenue of $33.32 million exceeded estimates of $30.72 million.
• The stock opened at $28.76 and has a consensus “Moderate Buy” rating with an average price target of $39.33. Institutional investors own 27.15% of the company.

BlackSky Technology Inc. (NYSE:BKSY - Free Report) - Analysts at Sidoti increased their Q3 2026 earnings per share estimates for BlackSky Technology in a report issued on Friday, August 7th. Sidoti analyst G. Burns now forecasts that the company will post earnings of ($0.23) per share for the quarter, up from their previous estimate of ($0.25). The consensus estimate for BlackSky Technology's current full-year earnings is ($1.32) per share. Sidoti also issued estimates for BlackSky Technology's FY2026 earnings at ($1.09) EPS, Q1 2027 earnings at ($0.10) EPS, Q2 2027 earnings at ($0.06) EPS, Q3 2027 earnings at $0.02 EPS and FY2027 earnings at $0.03 EPS.

BlackSky Technology (NYSE:BKSY - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported ($0.54) earnings per share for the quarter, missing the consensus estimate of ($0.38) by ($0.16). BlackSky Technology had a negative net margin of 61.24% and a negative return on equity of 68.90%. The firm had revenue of $33.32 million during the quarter, compared to analyst estimates of $30.72 million.

Several other equities analysts also recently weighed in on the stock. Wall Street Zen downgraded shares of BlackSky Technology from a "hold" rating to a "strong sell" rating in a report on Saturday, May 16th. Jefferies Financial Group raised shares of BlackSky Technology to a "hold" rating in a report on Wednesday, June 10th. Weiss Ratings reiterated a "sell (d-)" rating on shares of BlackSky Technology in a research report on Friday, July 17th. Finally, Clear Str upgraded BlackSky Technology from a "hold" rating to a "strong-buy" rating in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, BlackSky Technology presently has a consensus rating of "Moderate Buy" and an average price target of $39.33.

BlackSky Technology Trading Down 1.4%

NYSE:BKSY opened at $28.76 on Tuesday. BlackSky Technology has a 52-week low of $12.41 and a 52-week high of $52.88. The company has a quick ratio of 3.34, a current ratio of 3.46 and a debt-to-equity ratio of 2.39. The stock has a fifty day simple moving average of $27.43 and a 200-day simple moving average of $29.33. The company has a market capitalization of $1.18 billion, a PE ratio of -15.80 and a beta of 2.61.

Institutional Trading of BlackSky Technology

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BKSY. Quarry LP purchased a new position in shares of BlackSky Technology during the 4th quarter worth about $26,000. Strive Financial Group LLC acquired a new position in BlackSky Technology during the fourth quarter worth approximately $26,000. Global Retirement Partners LLC acquired a new position in BlackSky Technology during the fourth quarter worth approximately $28,000. Wexford Capital LP purchased a new position in BlackSky Technology during the third quarter worth approximately $30,000. Finally, IFP Advisors Inc raised its stake in BlackSky Technology by 57.9% during the third quarter. IFP Advisors Inc now owns 2,253 shares of the company's stock worth $45,000 after purchasing an additional 826 shares during the period. Hedge funds and other institutional investors own 27.15% of the company's stock.

About BlackSky Technology

BlackSky Technology, Inc operates Earth observation and geospatial intelligence services through a constellation of small satellites and an analytics platform. The company collects and processes high-revisit satellite imagery, enabling near-real-time monitoring of global events and locations. Clients across government, defense and commercial sectors leverage BlackSky’s imagery and data to support decision-making in areas such as supply chain monitoring, humanitarian aid, infrastructure management and security operations.

Founded in 2014 as part of Spaceflight Industries, BlackSky has grown its satellite constellation and analytics capabilities to deliver satellite imagery with high revisit rates and rapid tasking.

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