NYSE:BKSY

BlackSky Technology (BKSY) Stock Forecast, Price & News

$1.17

-0.03 (-2.50%)

(As of 09/29/2023 ET)

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Today's Range: $1.17
▼
$1.23
50-Day Range: $1.13
▼
$2.00
52-Week Range: $1.11
▼
$2.37

Volume: 312,024 shs
Average Volume: 553,821 shs
Market Capitalization: $164.76 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.00

BlackSky Technology MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 156.4% Upside
$3.00 Price Target
Short Interest: Bearish
6.91% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.55) to ($0.25) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.68 out of 5 stars

Business Services Sector

262nd out of 316 stocks

Radio & T.V. Communications Equipment Industry

17th out of 20 stocks

3.5

Analyst's Opinion

Consensus Rating
BlackSky Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.00, BlackSky Technology has a forecasted upside of 156.4% from its current price of $1.17.
Amount of Analyst Coverage
BlackSky Technology has only been the subject of 3 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
6.91% of the float of BlackSky Technology has been sold short.
Short Interest Ratio / Days to Cover
BlackSky Technology has a short interest ratio ("days to cover") of 6.
Change versus previous month
Short interest in BlackSky Technology has recently increased by 2.59%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
BlackSky Technology does not currently pay a dividend.
Dividend Growth
BlackSky Technology does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BKSY.

1.5

News and Social Media Coverage

News Sentiment
BlackSky Technology has a news sentiment score of -0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 1 news article for BlackSky Technology this week, compared to 1 article on an average week.
Search Interest
Only 3 people have searched for BKSY on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
4 people have added BlackSky Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, BlackSky Technology insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.16% of the stock of BlackSky Technology is held by insiders.
Percentage Held by Institutions
41.38% of the stock of BlackSky Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for BlackSky Technology are expected to grow in the coming year, from ($0.55) to ($0.25) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of BlackSky Technology is -1.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of BlackSky Technology is -1.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
BlackSky Technology has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About BlackSky Technology (NYSE:BKSY) Stock

BlackSky Technology Inc. provides geospatial intelligence, imagery and related data analytic products and services, and mission systems that include the development, integration, and operations of satellite and ground systems to government and commercial customers in North America, the Middle East, Asia, and internationally. The company's Spectra AI software platform processes a range of observations from its satellite constellation and external data sources, including imaging, radar and radio frequency satellites, environmental sensors, asset tracking sensors, Internet-of-Things (IoT) connected devices, internet-enabled narrative sources, and a variety of geotemporal data feeds. It offers a range of services comprising object, change, and anomaly detection; site monitoring; analytical solutions; develops and delivers launch vehicles, satellites, and payload systems; and engineering services. The company's products and services are used in national and homeland security, supply chain intelligence, crisis management, critical infrastructure monitoring, economic intelligence, and other applications. BlackSky Technology Inc. was incorporated in 2018 and is headquartered in Herndon, Virginia.

BKSY Price History

30 days | 90 days | 365 days | Advanced Chart

BKSY Stock News Headlines

September 30, 2023 | americanbankingnews.com

BlackSky Technology Inc. (NYSE:BKSY) Given Average Recommendation of "Buy" by Brokerages

September 25, 2023 | msn.com

Is BlackSky Technology Undervalued? The Case For Investing In Geospatial Intelligence

September 30, 2023 | The Oxford Club (Ad)

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September 22, 2023 | finance.yahoo.com

Deutsche Bank Predicts up to 120% Upside for These 2 ‘Strong Buy’ Stocks — Here’s Why They Could Jump

September 19, 2023 | finance.yahoo.com

BlackSky Technology Inc.'s (NYSE:BKSY) top owners are retail investors with 29% stake, while 26% is held by institutions

August 24, 2023 | finance.yahoo.com

BlackSky Imagery Highlights Scale of Operational Complexity of International Evacuation During Early Days of 2023 Sudan Conflict

August 12, 2023 | msn.com

Benchmark Maintains BlackSky Technology Inc - (BKSY) Buy Recommendation

August 9, 2023 | benzinga.com

BlackSky Technology Misses Q2 Consensus, Sees Strong Contract Win

September 30, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

August 9, 2023 | msn.com

BlackSky Technology Inc. (BKSY) Reports Q2 Loss, Misses Revenue Estimates

August 9, 2023 | finance.yahoo.com

BlackSky Reports Second Quarter 2023 Results

August 8, 2023 | seekingalpha.com

BlackSky Technology Q2 2023 Earnings Preview

July 26, 2023 | markets.businessinsider.com

BlackSky Technology hosts conference call for investors

July 24, 2023 | finance.yahoo.com

BlackSky Releases Imagery of Near-Complete Chinese Military Naval Station in Cambodia

July 20, 2023 | finance.yahoo.com

BlackSky to Host Second Quarter 2023 Results Conference Call

July 12, 2023 | msn.com

WestPark Capital Initiates Coverage of BlackSky Technology Inc - (BKSY) with Buy Recommendation

July 12, 2023 | msn.com

BlackSky Technology: Fundamentals Don't Support Recent Rally

July 7, 2023 | theglobeandmail.com

Instrument Name Blacksky Technology Inc Instrument Symbol (BKSY-N)

July 6, 2023 | msn.com

Craig-Hallum Initiates Coverage of BlackSky Technology Inc - (BKSY) with Hold Recommendation

June 28, 2023 | finance.yahoo.com

Investors in BlackSky Technology (NYSE:BKSY) have unfortunately lost 81% over the last three years

June 17, 2023 | fool.com

BlackSky Technology (NYSE: BKSY)

June 12, 2023 | msn.com

BlackSky Technology bags a $30M multi-year contract

June 12, 2023 | msn.com

Why BlackSky Stock Rocketed Higher Today

June 12, 2023 | finance.yahoo.com

BlackSky Secures More Than $30 Million Contract for High-Frequency Imagery Services with International Defense Sector Customer

June 6, 2023 | finance.yahoo.com

BlackSky Builds Out Strategic Infrastructure for Company's Second Major International Advanced Tactical ISR Customer with Ground Station Contract

June 1, 2023 | finance.yahoo.com

BlackSky Awarded Multimillion Contract for Advanced Tactical Imagery Services with International Ministry of Defense

May 31, 2023 | finance.yahoo.com

BlackSky to Participate at Three Upcoming Investor Conferences

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BKSY Company Calendar

Last Earnings: 8/09/2023
Today: 9/30/2023
Next Earnings (Estimated): 11/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Radio & t.v. communications equipment
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NYSE:BKSY
CUSIP: N/A
CIK: 1753539
Web: www.osprey-technology.com
Phone: 571-267-1571
Fax: N/A
Employees: 259
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $3.00
High Stock Price Forecast: $4.00
Low Stock Price Forecast: $2.50
Forecasted Upside/Downside: +156.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.62)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-74,170,000.00
Net Margins: -106.33%
Pretax Margin: -106.96%
Return on Equity: -68.70%
Return on Assets: -33.54%

Debt

Debt-to-Equity Ratio: 0.90
Current Ratio: 4.56
Quick Ratio: 4.56

Sales & Book Value

Annual Sales: $65.35 million
Price / Sales: 2.52
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.00 per share
Price / Book: 1.17

Miscellaneous

Outstanding Shares: 140,820,000
Free Float: 136,374,000
Market Cap: $164.76 million
Optionable: Optionable
Beta: 0.95

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Key Executives

Mr. Brian O'Toole (Age 59)
CEO, Pres & Director
Comp: $1.11M

Mr. Henry Edward Dubois (Age 61)
Chief Financial Officer
Comp: $890.48k

Ms. Christiana L. Lin Esq. (Age 53)
Gen. Counsel, Chief Admin. Officer & Sec.
Comp: $626.43k

Mr. Nicholas Merski
Chief Operating Officer

Ms. Tracy M. Ward (Age 45)
Controller & Principal Accounting Officer

Mr. Patrick O'Neil
Chief Technology Officer

Kevin Rioles
Chief Information Officer

Mr. Aly Bonilla
VP of Investor Relations

Anthony Porco
VP of Compliance

Andy Stephenson
Sr. VP of Global Sales

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BKSY Stock - Frequently Asked Questions

Should I buy or sell BlackSky Technology stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BlackSky Technology in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BKSY shares.
View BKSY analyst ratings or view top-rated stocks.
What is BlackSky Technology's stock price forecast for 2023?: 6 equities research analysts have issued 1 year target prices for BlackSky Technology's stock. Their BKSY share price forecasts range from $2.50 to $4.00. On average, they expect the company's stock price to reach $3.00 in the next year. This suggests a possible upside of 156.4% from the stock's current price.
View analysts price targets for BKSY or view top-rated stocks among Wall Street analysts.
How have BKSY shares performed in 2023?: BlackSky Technology's stock was trading at $1.54 on January 1st, 2023. Since then, BKSY stock has decreased by 24.0% and is now trading at $1.17.
View the best growth stocks for 2023 here.
Are investors shorting BlackSky Technology?: BlackSky Technology saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 6,170,000 shares, a decrease of 8.7% from the August 15th total of 6,760,000 shares. Based on an average trading volume of 1,170,000 shares, the days-to-cover ratio is currently 5.3 days. Approximately 6.3% of the shares of the stock are short sold.
View BlackSky Technology's Short Interest.
When is BlackSky Technology's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our BKSY earnings forecast.
How were BlackSky Technology's earnings last quarter?: BlackSky Technology Inc. (NYSE:BKSY) issued its quarterly earnings data on Wednesday, August, 9th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.14. The business earned $19.33 million during the quarter, compared to analyst estimates of $20.49 million. BlackSky Technology had a negative trailing twelve-month return on equity of 68.70% and a negative net margin of 106.33%.

What ETF holds BlackSky Technology's stock ?: Procure Space ETF holds 344,614 shares of BKSY stock, representing 1.35% of its portfolio.
What guidance has BlackSky Technology issued on next quarter's earnings?: BlackSky Technology updated its FY 2023 earnings guidance on Thursday, August, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $84.00 million-$96.00 million, compared to the consensus revenue estimate of $91.62 million.
What is BlackSky Technology's stock symbol?: BlackSky Technology trades on the New York Stock Exchange (NYSE) under the ticker symbol "BKSY."
How do I buy shares of BlackSky Technology?: Shares of BKSY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is BlackSky Technology's stock price today?: One share of BKSY stock can currently be purchased for approximately $1.17.
How much money does BlackSky Technology make?: BlackSky Technology (NYSE:BKSY) has a market capitalization of $164.76 million and generates $65.35 million in revenue each year. The company earns $-74,170,000.00 in net income (profit) each year or ($0.62) on an earnings per share basis.
How many employees does BlackSky Technology have?: The company employs 259 workers across the globe.
How can I contact BlackSky Technology?: BlackSky Technology's mailing address is 1845 Walnut Street Suite 1111, PHILADELPHIA PA, 19103. The official website for the company is www.osprey-technology.com. The company can be reached via phone at 571-267-1571 or via email at abonilla@blacksky.com.

This page (NYSE:BKSY) was last updated on 9/30/2023 by MarketBeat.com Staff

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