BlackSky Technology Inc.

BlackSky Technology Inc. Stock Forecast & Price Prediction

Live BlackSky Technology Inc. Stock (BKSY) Price
$6.23

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$6.23

P/E Ratio

-15.58

Volume Traded Today

$835,200

Dividend

Dividends not available for BKSY

52 Week High/low

14.16/3.86

BlackSky Technology Inc. Market Cap

$189.7M

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BKSY Summary

Based on ratings from 0 stock analysts, the BlackSky Technology Inc. stock price is expected to increase by 186.2% in 12 months. This is calculated by using the average 12-month stock price forecast for BlackSky Technology Inc.. The lowest target is $10 and the highest is $32. Please note analyst price targets are not guaranteed and could be missed completely.

BKSY Analyst Ratings

BlackSky Technology Inc. has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that BlackSky Technology Inc. will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

BKSY stock forecast by analyst

These are the latest 20 analyst ratings of BKSY.

Analyst/Firm

Rating

Price Target

Change

Date

Jeff Van Rhee
Craig-Hallum

Buy

$10

Upgrade

Oct 4, 2024
Timothy Horan
Oppenheimer

Outperform

$10

Initiates

Oct 2, 2024
Jaeson Schmidt
Lake Street

Buy

$32

Maintains

Sep 30, 2024
Scott Buck
HC Wainwright & Co.

Buy

$2.5

Reiterates

May 9, 2024
Scott Buck
HC Wainwright & Co.

Buy

$2.5

Initiates

Apr 3, 2024
Josh Sullivan
Benchmark

Buy

$3

Reiterates

Mar 14, 2024
Josh Sullivan
Benchmark

Buy

$3

Maintains

Aug 11, 2023
Greg Mesniaeff
WestPark Capital

Buy

$2.75

Initiates

Jul 12, 2023
Jeff Van Rhee
Craig-Hallum

Hold

$2.5

Initiates

Jul 6, 2023
Jaeson Schmidt
Lake Street

Buy

$4

Maintains

Mar 8, 2023
Edison Yu
Deutsche Bank

Buy

$3

Initiates

Nov 8, 2022
Scott Deuschle
Credit Suisse

Outperform

$3

Initiates

Oct 12, 2022
Jaeson Schmidt
Lake Street

Buy

$6

Initiates

Jul 26, 2022

BKSY Company Information

What They Do: Provides geospatial intelligence and analytics services.

Business Model: The company generates revenue by offering a variety of geospatial intelligence products and services, leveraging its Spectra software platform to process data from its satellite constellation and external sources. Its offerings include object detection, site monitoring, and enhanced analytics, primarily serving government and commercial clients across multiple industries.

Other Information: Incorporated in 2018 and headquartered in Herndon, Virginia, the company plays a crucial role in national security, supply chain intelligence, crisis management, and monitoring of critical infrastructure. BlackSky's solutions are vital for assessing strategic locations and commodities, making it a key player in the geospatial technology sector.
BKSY
BlackSky Technology Inc. (BKSY)

When did it IPO

2021

Staff Count

279

Country

United States

Sector/Industry

Technology/Scientific & Technical Instruments

CEO

Mr. Brian E. O'Toole

Market Cap

$189.7M

BlackSky Technology Inc. (BKSY) Financial Data

In 2023, BKSY generated $94.5M in revenue, which was a increase of 44.59% from the previous year. This can be seen as a signal that BKSY's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$21.1M

Revenue From 2021

$34.1M

61.27 %
From Previous Year

Revenue From 2022

$65.4M

91.73 %
From Previous Year

Revenue From 2023

$94.5M

44.59 %
From Previous Year
  • Revenue TTM $105.9M
  • Operating Margin TTM -47.0%
  • Gross profit TTM $60.7M
  • Return on assets TTM -12.2%
  • Return on equity TTM -34.3%
  • Profit Margin -26.7%
  • Book Value Per Share 4.18%
  • Market capitalisation $189.7M
  • Revenue for 2021 $34.1M
  • Revenue for 2022 $65.4M
  • Revenue for 2023 $94.5M
  • EPS this year (TTM) $-1.44

BlackSky Technology Inc. (BKSY) Latest News

News Image

Mon, 07 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - BlackSky Technology (BKSY) experienced a rise in share price with above-average trading volume. Earnings estimate revisions indicate potential future strength for the stock.

Why It Matters - A surge in BlackSky's share price and increased trading volume indicates heightened investor interest, while positive earnings estimate revisions suggest potential growth, signaling a favorable investment opportunity.

News Image

Tue, 08 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - BlackSky secured a seven-figure contract to provide non-Earth Imaging services for a client's Space Domain Awareness, enhancing its position in the artificial intelligence sector.

Why It Matters - BlackSky's seven-figure contract enhances its revenue stream and validates its technology in a growing sector, potentially boosting investor confidence and stock performance.

News Image

Tue, 01 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - BlackSky secures a nearly $6 million contract expansion for high-frequency satellite imagery services with an international defense customer.

Why It Matters - BlackSky's $6 million contract expansion signals growing demand for its satellite imagery services, potentially boosting revenue and market position in the defense sector, which can attract investor interest.

News Image

Thu, 03 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - BlackSky has secured a five-year NGA Luno A contract worth up to $290 million to monitor global economic and military activities.

Why It Matters - BlackSky's $290 million NGA contract signals strong demand for its services, potentially boosting revenue and market position in AI-driven analytics, positively impacting stock performance.

News Image

Wed, 25 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - BlackSky Technology Inc. (NYSE: BKSY) priced a public offering of 10 million shares at $4.00 each, aiming for gross proceeds of approximately $40 million.

Why It Matters - BlackSky's $40 million stock offering dilutes existing shares but raises capital for growth. Investors should assess potential impacts on share value and company expansion plans.

News Image

Thu, 26 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - BlackSky has secured a U.S. Navy contract for Gen-3 intersatellite links, providing real-time imagery access for military operations.

Why It Matters - BlackSky's U.S. Navy contract enhances its revenue potential and market position in defense tech, increasing investor confidence in its growth prospects amid rising military spending.

...

BKSY Frequently asked questions

The highest forecasted price for BKSY is $32 from Jaeson Schmidt at Lake Street.

The lowest forecasted price for BKSY is $10 from Timothy Horan from Oppenheimer

The BKSY analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.