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BlackSky Technology (BKSY) Stock Forecast & Price Target

$1.13
+0.02 (+1.80%)
(As of 07/23/2024 ET)

BlackSky Technology - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 2 Wall Street analysts who have issued ratings for BlackSky Technology in the last 12 months, the stock has a consensus rating of "Buy." Out of the 2 analysts, 2 have given a buy rating for BKSY.

Consensus Price Target

$2.67
135.99% Upside
High Forecast$3.00
Average Forecast$2.67
Low Forecast$2.50

According to the 2 analysts' twelve-month price targets for BlackSky Technology, the average price target is $2.67. The highest price target for BKSY is $3.00, while the lowest price target for BKSY is $2.50. The average price target represents a forecasted upside of 135.99% from the current price of $1.13.

TypeCurrent Forecast
7/25/23 to 7/24/24
1 Month Ago
6/25/23 to 6/24/24
3 Months Ago
4/26/23 to 4/25/24
1 Year Ago
7/25/22 to 7/25/23
Consensus Rating
Buy
Buy
Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
5 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$2.67$2.63$2.63$3.13
Forecasted Upside135.99% Upside68.19% Upside63.55% Upside77.18% Upside
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BKSY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BKSY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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BlackSky Technology Stock vs. The Competition

TypeBlackSky TechnologyBusiness Services CompaniesS&P 500
Consensus Rating Score
3.00
2.64
2.51
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside135.99% Upside179.97% Upside9.25% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/9/2024HC Wainwright
3 of 5 stars
S. Buck
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Reiterated RatingBuy ➝ Buy$2.50+112.76%
3/14/2024Benchmark
2 of 5 stars
 Reiterated RatingBuy ➝ Buy$3.00+130.77%
8/10/2023Deutsche Bank Aktiengesellschaft
2 of 5 stars
 Lower Target$3.00 ➝ $2.50+48.37%
7/12/2023Westpark Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageBuy
7/6/2023Craig Hallum
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 Initiated CoverageBuy$2.50+16.55%
3/8/2023Lake Street Capital
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 Lower TargetBuy$5.00 ➝ $4.00+122.22%
10/11/2022Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageOutperform$3.00+100.00%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 05:59 AM ET.

BKSY Forecast - Frequently Asked Questions

What is BlackSky Technology's forecast for 2024?

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for BlackSky Technology is $2.67, with a high forecast of $3.00 and a low forecast of $2.50.

Should I buy or sell BlackSky Technology stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BlackSky Technology in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BKSY shares.

Does BlackSky Technology's stock price have much upside?

According to analysts, BlackSky Technology's stock has a predicted upside of 100.95% based on their 12-month stock forecasts.

What analysts cover BlackSky Technology?

BlackSky Technology has been rated by research analysts at HC Wainwright in the past 90 days.

Do Wall Street analysts like BlackSky Technology more than its competitors?

Analysts like BlackSky Technology more than other "business services" companies. The consensus rating for BlackSky Technology is Buy while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how BKSY compares to other companies.


This page (NYSE:BKSY) was last updated on 7/24/2024 by MarketBeat.com Staff

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