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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.