BlackSky Technology (BKSY) Projected to Post Quarterly Earnings on Thursday

BlackSky Technology (NYSE:BKSY) is expected to be issuing its Q1 2026 results before the market opens on Thursday, May 7th. Analysts expect BlackSky Technology to post earnings of ($0.37) per share and revenue of $27.5980 million for the quarter. Individuals may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, May 7, 2026 at 8:30 AM ET.

BlackSky Technology (NYSE:BKSY) last issued its quarterly earnings data on Thursday, February 26th. The company reported ($0.19) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.25) by $0.06. The firm had revenue of $35.21 million during the quarter, compared to the consensus estimate of $37.13 million. BlackSky Technology had a negative return on equity of 53.94% and a negative net margin of 65.93%. On average, analysts expect BlackSky Technology to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

BlackSky Technology Price Performance

NYSE:BKSY traded up $3.36 during trading hours on Wednesday, reaching $39.32. 541,151 shares of the company traded hands, compared to its average volume of 1,655,276. The company has a debt-to-equity ratio of 2.04, a current ratio of 3.48 and a quick ratio of 3.37. The firm’s 50-day moving average is $28.57 and its 200-day moving average is $23.57. The stock has a market cap of $1.46 billion, a P/E ratio of -18.10 and a beta of 2.44. BlackSky Technology has a 1-year low of $8.62 and a 1-year high of $42.75.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. HC Wainwright restated a “buy” rating and issued a $42.00 price objective on shares of BlackSky Technology in a research report on Friday, February 27th. Weiss Ratings reiterated a “sell (d-)” rating on shares of BlackSky Technology in a research report on Monday, April 20th. Canaccord Genuity Group cut their target price on shares of BlackSky Technology from $27.00 to $26.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Finally, Wall Street Zen upgraded shares of BlackSky Technology from a “strong sell” rating to a “hold” rating in a report on Saturday, March 21st. Five analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, BlackSky Technology presently has a consensus rating of “Moderate Buy” and an average target price of $27.40.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. AQR Capital Management LLC acquired a new stake in shares of BlackSky Technology in the first quarter worth approximately $103,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in BlackSky Technology by 7.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,174 shares of the company’s stock worth $117,000 after purchasing an additional 1,015 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in BlackSky Technology by 343.7% during the first quarter. Goldman Sachs Group Inc. now owns 557,729 shares of the company’s stock worth $4,311,000 after purchasing an additional 432,023 shares during the period. Legal & General Group Plc boosted its holdings in shares of BlackSky Technology by 40.5% in the 2nd quarter. Legal & General Group Plc now owns 3,118 shares of the company’s stock valued at $64,000 after purchasing an additional 899 shares during the last quarter. Finally, Rhumbline Advisers boosted its holdings in shares of BlackSky Technology by 11.1% in the 2nd quarter. Rhumbline Advisers now owns 39,229 shares of the company’s stock valued at $807,000 after purchasing an additional 3,934 shares during the last quarter. 27.15% of the stock is currently owned by hedge funds and other institutional investors.

About BlackSky Technology

BlackSky Technology, Inc operates Earth observation and geospatial intelligence services through a constellation of small satellites and an analytics platform. The company collects and processes high-revisit satellite imagery, enabling near-real-time monitoring of global events and locations. Clients across government, defense and commercial sectors leverage BlackSky’s imagery and data to support decision-making in areas such as supply chain monitoring, humanitarian aid, infrastructure management and security operations.

Founded in 2014 as part of Spaceflight Industries, BlackSky has grown its satellite constellation and analytics capabilities to deliver satellite imagery with high revisit rates and rapid tasking.