BlackSky Technology (BKSY) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackSky Technology in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BKSY shares.
View BKSY analyst ratings or view top-rated stocks.

3 brokers have issued 1 year target prices for BlackSky Technology's shares. Their BKSY share price forecasts range from $3.00 to $4.00. On average, they expect the company's share price to reach $3.33 in the next year. This suggests a possible upside of 136.4% from the stock's current price.
View analysts price targets for BKSY or view top-rated stocks among Wall Street analysts.

BlackSky Technology's stock was trading at $1.54 at the beginning of the year. Since then, BKSY stock has decreased by 8.4% and is now trading at $1.41.
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BlackSky Technology saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 4,450,000 shares, a drop of 26.9% from the April 30th total of 6,090,000 shares. Based on an average trading volume of 1,020,000 shares, the short-interest ratio is currently 4.4 days. Currently, 4.6% of the company's stock are sold short.
View BlackSky Technology's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our BKSY earnings forecast.

BlackSky Technology Inc. (NYSE:BKSY) released its earnings results on Tuesday, March, 7th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.01. The company had revenue of $19.42 million for the quarter, compared to analysts' expectations of $19.79 million. BlackSky Technology had a negative trailing twelve-month return on equity of 55.88% and a negative net margin of 102.53%.

ETFs with the largest weight of BlackSky Technology (NYSE:BKSY) stock in their portfolio include Procure Space ETF (UFO).

BlackSky Technology updated its FY 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $90.00 million-$96.00 million, compared to the consensus revenue estimate of $94.21 million.

BlackSky Technology trades on the New York Stock Exchange (NYSE) under the ticker symbol "BKSY."

BlackSky Technology's stock is owned by many different institutional and retail investors. Top institutional shareholders include Armistice Capital LLC (8.00%), Samlyn Capital LLC (0.89%), Essex Investment Management Co. LLC (0.50%), LA Financiere DE L Echiquier (0.42%), CVI Holdings LLC (0.40%) and Charles Schwab Investment Management Inc. (0.26%). Insiders that own company stock include Brian E O'toole, Christiana L Lin, Henry Edward Dubois, Johan G Broekhuysen and Tracy Ward.
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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.
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One share of BKSY stock can currently be purchased for approximately $1.41.

BlackSky Technology (NYSE:BKSY) has a market capitalization of $196.46 million and generates $65.35 million in revenue each year. The company earns $-74,170,000.00 in net income (profit) each year or ($0.60) on an earnings per share basis.

The company employs 210 workers across the globe.

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.