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NYSE:BKSY

BlackSky Technology (BKSY) Stock Price, News & Analysis

BlackSky Technology logo
$6.89
+0.57 (+9.02%)
(As of 11/1/2024 ET)

About BlackSky Technology Stock (NYSE:BKSY)

Key Stats

Today's Range
$6.42
$7.17
50-Day Range
$4.08
$9.84
52-Week Range
$3.86
$14.16
Volume
1.02 million shs
Average Volume
982,367 shs
Market Capitalization
$128.22 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$17.60
Consensus Rating
Buy

Company Overview

BlackSky Technology Inc. provides geospatial intelligence, imagery and related data analytic products and services, and mission systems that include the development, integration, and operation of satellite and ground systems for government and commercial customers in North America, the Middle East, the Asia Pacific, and internationally. The company's Spectra software platform processes a range of observations from its satellite constellation and various external data sources, including imaging, radar and radio frequency satellites, environmental sensors, asset tracking sensors, Internet-of-Things (IoT) connected devices, internet-enabled narrative sources, and a variety of geotemporal data feeds. It offers a range of services related to object, change and anomaly detection, site monitoring, and enhanced analytics, which helps to detect key pattern of life changes in critical locations, including strategic locations and infrastructure comprising ports, airports, and construction sites; retail activity; commodities stockpiles; and other sites that contain critical commodities and supply chain inventory. In addition, the company develops and delivers satellites and payload systems; and provides professional and engineering services. Its products and services are used in national security, supply chain intelligence, crisis management, critical infrastructure monitoring, economic intelligence, and other applications. BlackSky Technology Inc. was incorporated in 2018 and is headquartered in Herndon, Virginia.

BlackSky Technology Stock Analysis - MarketRank™

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53rd Percentile Overall Score

BKSY MarketRank™: 

BlackSky Technology scored higher than 53% of companies evaluated by MarketBeat, and ranked 220th out of 342 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    BlackSky Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    BlackSky Technology has only been the subject of 4 research reports in the past 90 days.

  • Read more about BlackSky Technology's stock forecast and price target.
  • Earnings Growth

    Earnings for BlackSky Technology are expected to grow in the coming year, from ($2.33) to ($1.20) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of BlackSky Technology is -4.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of BlackSky Technology is -4.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    BlackSky Technology has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about BlackSky Technology's valuation and earnings.
  • Percentage of Shares Shorted

    7.52% of the float of BlackSky Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    BlackSky Technology has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in BlackSky Technology has recently increased by 49.57%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    BlackSky Technology does not currently pay a dividend.

  • Dividend Growth

    BlackSky Technology does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    7.52% of the float of BlackSky Technology has been sold short.
  • Short Interest Ratio / Days to Cover

    BlackSky Technology has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in BlackSky Technology has recently increased by 49.57%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    BlackSky Technology has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for BlackSky Technology this week, compared to 2 articles on an average week.
  • Search Interest

    17 people have searched for BKSY on MarketBeat in the last 30 days. This is an increase of 31% compared to the previous 30 days.
  • MarketBeat Follows

    12 people have added BlackSky Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, BlackSky Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $446,535.00 in company stock.

  • Percentage Held by Insiders

    Only 4.50% of the stock of BlackSky Technology is held by insiders.

  • Percentage Held by Institutions

    Only 27.15% of the stock of BlackSky Technology is held by institutions.

  • Read more about BlackSky Technology's insider trading history.
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BKSY Stock News Headlines

Lake Street Keeps Their Buy Rating on BlackSky Technology (BKSY)
SDA selects BlackSky, LeoStella to support HALO program
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See More Headlines

BKSY Stock Analysis - Frequently Asked Questions

BlackSky Technology's stock was trading at $11.20 on January 1st, 2024. Since then, BKSY stock has decreased by 38.5% and is now trading at $6.89.
View the best growth stocks for 2024 here
.

BlackSky Technology Inc. (NYSE:BKSY) posted its quarterly earnings data on Thursday, August, 8th. The company reported ($0.48) EPS for the quarter, beating analysts' consensus estimates of ($0.72) by $0.24. The business had revenue of $24.94 million for the quarter, compared to analyst estimates of $25.14 million. BlackSky Technology had a negative net margin of 26.78% and a negative trailing twelve-month return on equity of 56.91%.

BlackSky Technology shares reverse split on Monday, September 9th 2024. The 1-8 reverse split was announced on Wednesday, September 4th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Friday, September 6th 2024. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

BlackSky Technology's top institutional investors include Perkins Capital Management Inc. (1.26%). Insiders that own company stock include Brian E O'toole, Henry Edward Dubois, Christiana L Lin, Tracy Ward and Johan G Broekhuysen.
View institutional ownership trends
.

Shares of BKSY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that BlackSky Technology investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

Last Earnings
8/08/2024
Today
11/02/2024
Next Earnings (Confirmed)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
Electronic Equipment
Fax
N/A
Employees
210
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.60
High Stock Price Target
$32.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+155.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-53,860,000.00
Pretax Margin
-25.91%

Debt

Sales & Book Value

Annual Sales
$94.49 million
Book Value
$5.21 per share

Miscellaneous

Free Float
17,776,000
Market Cap
$128.22 million
Optionable
Optionable
Beta
0.92
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This page (NYSE:BKSY) was last updated on 11/2/2024 by MarketBeat.com Staff
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