12 Month Price Forecast For BKSY
Distance to BKSY Price Forecasts
BKSY Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. 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.
Data last updated: January 23, 2025 3:33 AM UTC
BKSY Analyst Ratings & Price Targets
Based on our analysis of 8 Wall Street analysts, BKSY has a consensus that is bullish. The median price target is $12.00, with forecasts ranging from $9.00 to $18.00. Currently, there are 6 Buy ratings, 0 Hold ratings, and 0 Sell ratings.
With BKSY currently trading at $11.69, the median price forecast suggests a 2.7% upside. The most optimistic forecast comes from at , projecting a 54.0% upside, while at provides the most conservative target, suggesting a -23.0% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
BKSY Analyst Consensus
BKSY Price Target Range
Latest BKSY Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for BKSY.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Oct 16, 2024 | HC Wainwright & Co. | Scott Buck | Buy | Maintains | $12.00 |
| Oct 4, 2024 | Craig-Hallum | Jeff Van Rhee | Buy | Upgrade | $10.00 |
| Oct 2, 2024 | Oppenheimer | Timothy Horan | Outperform | Initiates | $10.00 |
| Sep 30, 2024 | Lake Street | Jaeson Schmidt | Buy | Maintains | $32.00 |
| May 9, 2024 | HC Wainwright & Co. | Scott Buck | Buy | Reiterates | $2.50 |
| Apr 3, 2024 | HC Wainwright & Co. | Scott Buck | Buy | Initiates | $2.50 |
| Mar 14, 2024 | Benchmark | Josh Sullivan | Buy | Reiterates | $3.00 |
| Aug 11, 2023 | Benchmark | Josh Sullivan | Buy | Maintains | $3.00 |
| Jul 12, 2023 | WestPark Capital | Greg Mesniaeff | Buy | Initiates | $2.75 |
| Jul 6, 2023 | Craig-Hallum | Jeff Van Rhee | Hold | Initiates | $2.50 |
| Mar 8, 2023 | Lake Street | Jaeson Schmidt | Buy | Maintains | $4.00 |
| Nov 8, 2022 | Deutsche Bank | Edison Yu | Buy | Initiates | $3.00 |
| Oct 12, 2022 | Credit Suisse | Scott Deuschle | Outperform | Initiates | $3.00 |
| Jul 26, 2022 | Lake Street | Jaeson Schmidt | Buy | Initiates | $6.00 |
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The following stocks are similar to BlackSky based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
BlackSky Technology Inc. (BKSY) Financial Data
BlackSky Technology Inc. has a market capitalization of $361.04M with a P/E ratio of -3.7x. The company generates $107.23M in trailing twelve-month revenue with a -38.8% profit margin.
Revenue growth is +6.1% quarter-over-quarter, while maintaining an operating margin of -58.7% and return on equity of -41.1%.
Valuation Metrics
Growth & Margins
Financial Health
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BlackSky Technology Inc. (BKSY) Company Overview
About BlackSky Technology Inc.
Provides geospatial intelligence and analytics services.
The company generates revenue by offering satellite-based geospatial intelligence, imagery, and data analytics products and services to government and commercial clients. Its Spectra software platform integrates various data sources to provide critical insights and analytics, enabling customers to monitor key locations and assets, which is essential for national security and supply chain management.
BlackSky Technology Inc. operates internationally, focusing on markets in North America, the Middle East, and the Asia Pacific. Incorporated in 2018 and based in Herndon, Virginia, the company focuses on applications such as crisis management, economic intelligence, and critical infrastructure monitoring, catering to a diverse range of industries.
Company Information
Sector
Technology
Industry
Scientific & Technical Instruments
Employees
279
CEO
Mr. Brian E. O'Toole
Country
United States
IPO Year
2021
Website
www.blacksky.comBlackSky Technology Inc. (BKSY) Latest News & Analysis
BlackSky has secured a deal with the NRO to extend its electro-optical commercial layer services and feature enhancements until mid-2026.
BlackSky's NRO deal ensures revenue stability and growth through 2026, enhancing investor confidence in its AI and satellite capabilities.
BlackSky Selected for $200M Luno B IDIQ
7 days agoBlackSky has secured a $200 million contract from the NGA for high-cadence imagery and analytics under the Luno B program.
BlackSky's $200 million contract with NGA enhances its revenue potential and positions it as a key player in the high-demand satellite imagery and analytics market, attracting investor interest.
BlackSky has secured rapid procurement contracts from the U.S. Space Force for Tactical Surveillance, Reconnaissance, and Tracking missions.
BlackSky's contract win with the U.S. Space Force signals increased demand for its services, potentially boosting revenue and market position in the defense and surveillance sectors.
BlackSky Technology Inc. (NYSE: BKSY) will present at the 27th Annual Needham Growth Conference on January 16, 2025, at 2:15 p.m. ET. The event will be virtual.
BlackSky Technology's participation in the Needham Growth Conference highlights its visibility and engagement with investors, potentially influencing market perception and stock performance.
Space stocks gained significant attention in 2021 but have experienced volatility since then. Investors should monitor ongoing developments in this sector.
The mention of space stocks highlights volatility and market sentiment shifts, which can impact investment strategies and risk assessments in emerging industries.
Wall Street Analysts Believe BlackSky Technology (BKSY) Could Rally 47.4%: Here's is How to Trade
1 month agoWall Street analysts project a 47.4% upside for BlackSky Technology (BKSY), supported by positive earnings estimate revisions.
A 47.4% upside potential from analysts' price targets suggests strong growth expectations for BlackSky Technology, while positive earnings revisions may boost investor confidence and stock performance.
Frequently Asked Questions About BKSY Stock
What is BlackSky Technology Inc.'s (BKSY) stock forecast for 2025?
Based on our analysis of 8 Wall Street analysts, BlackSky Technology Inc. (BKSY) has a median price target of $12.00. The highest price target is $18.00 and the lowest is $9.00.
Is BKSY stock a good investment in 2025?
According to current analyst ratings, BKSY has 6 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $11.69. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for BKSY stock?
Wall Street analysts predict BKSY stock could reach $12.00 in the next 12 months. This represents a 2.7% increase from the current price of $11.69. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is BlackSky Technology Inc.'s business model?
The company generates revenue by offering satellite-based geospatial intelligence, imagery, and data analytics products and services to government and commercial clients. Its Spectra software platform integrates various data sources to provide critical insights and analytics, enabling customers to monitor key locations and assets, which is essential for national security and supply chain management.
What is the highest forecasted price for BKSY BlackSky Technology Inc.?
The highest price target for BKSY is $18.00 from at , which represents a 54.0% increase from the current price of $11.69.
What is the lowest forecasted price for BKSY BlackSky Technology Inc.?
The lowest price target for BKSY is $9.00 from at , which represents a -23.0% decrease from the current price of $11.69.
What is the overall BKSY consensus from analysts for BlackSky Technology Inc.?
The overall analyst consensus for BKSY is bullish. Out of 8 Wall Street analysts, 6 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $12.00.
How accurate are BKSY stock price projections?
Stock price projections, including those for BlackSky Technology Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
