Q4 EPS Estimate for BlackSky Technology Decreased by Analyst

Key Points

• Sidoti lowered BlackSky Technology’s Q4 2026 EPS estimate to a loss of $0.01 per share from its previous forecast of $0.03 in earnings. The company’s full-year consensus estimate remains a loss of $1.32 per share.
• BlackSky reported a quarterly loss of $0.54 per share, missing the $0.38 consensus estimate, although revenue of $33.32 million exceeded expectations of $30.72 million. Profitability remains weak, with a negative net margin of 61.24%.
• Analyst sentiment is mixed, producing a consensus “Hold” rating and a $39.33 target price; two analysts rate the stock Buy, one Hold and one Sell.

BlackSky Technology Inc. (NYSE:BKSY - Free Report) - Investment analysts at Sidoti reduced their Q4 2026 EPS estimates for shares of BlackSky Technology in a note issued to investors on Friday, August 7th. Sidoti analyst G. Burns now expects that the company will post earnings of ($0.01) per share for the quarter, down from their previous estimate of $0.03. The consensus estimate for BlackSky Technology's current full-year earnings is ($1.32) per share. Sidoti also issued estimates for BlackSky Technology's FY2028 earnings at $0.40 EPS.

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

Several other brokerages also recently issued reports on BKSY. Weiss Ratings reissued a "sell (d-)" rating on shares of BlackSky Technology in a research note on Friday, July 17th. Wall Street Zen cut BlackSky Technology from a "hold" rating to a "strong sell" rating in a research note on Saturday, May 16th. Finally, Jefferies Financial Group raised BlackSky Technology to a "hold" rating in a research note on Wednesday, June 10th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $39.33.

BlackSky Technology Stock Performance

Shares of BKSY stock opened at $29.19 on Monday. BlackSky Technology has a 1-year low of $12.41 and a 1-year high of $52.88. The company has a current ratio of 3.46, a quick ratio of 3.34 and a debt-to-equity ratio of 2.39. The company has a market capitalization of $1.19 billion, a price-to-earnings ratio of -16.04 and a beta of 2.61. The stock's fifty day simple moving average is $27.70 and its 200-day simple moving average is $29.32.

Hedge Funds Weigh In On BlackSky Technology

A number of hedge funds have recently modified their holdings of the stock. Quarry LP acquired a new stake in BlackSky Technology during the fourth quarter valued at $26,000. Strive Financial Group LLC purchased a new position in BlackSky Technology in the fourth quarter valued at about $26,000. Wexford Capital LP acquired a new position in BlackSky Technology in the 3rd quarter worth about $30,000. Global Retirement Partners LLC acquired a new position in BlackSky Technology in the 4th quarter worth about $28,000. Finally, Fifth Third Bancorp purchased a new stake in shares of BlackSky Technology during the 1st quarter worth about $48,000. 27.15% of the stock is owned by institutional investors and hedge funds.

More BlackSky Technology News

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

• Positive Sentiment: Revenue exceeded expectations. BlackSky reported second-quarter 2026 revenue of $33.32 million, above the $30.72 million consensus estimate. The company said Gen-3 satellite imagery and growing subscription demand contributed to the performance. BlackSky Reports Second Quarter 2026 Results
• Positive Sentiment: BlackSky reaffirmed its 2026 revenue outlook. Management maintained its forecast for $130 million to $150 million in revenue, compared with the roughly $138 million analyst consensus. Reaffirmation reduces near-term execution uncertainty and indicates confidence in scaling Gen-3 imagery subscriptions. BlackSky reaffirms 2026 outlook
• Positive Sentiment: Adjusted loss was narrower than expected. Zacks reported a second-quarter loss of $0.32 per share, better than the $0.38 consensus estimate and the $0.52 loss recorded a year earlier. The improvement suggests some progress in operating performance despite the company remaining unprofitable. BlackSky Q2 loss and revenue estimates
• Neutral Sentiment: The earnings presentation highlighted Gen-3 capacity expansion and the transition toward recurring imagery subscriptions, which could support longer-term growth but will require continued execution. BlackSky 2026 Q2 earnings presentation
• Negative Sentiment: Profitability remains weak. The company’s reported GAAP EPS loss was $0.54, below the $0.38 consensus estimate, while its net margin and return on equity remained deeply negative. Investors may continue to discount the stock for ongoing losses and execution risk.

BlackSky Technology Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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