Q2 EPS Estimates for BlackSky Technology Reduced by Sidoti

BlackSky Technology Inc. (NYSE:BKSY) – Equities research analysts at Sidoti reduced their Q2 2026 earnings per share estimates for BlackSky Technology in a report issued on Friday, May 8th. Sidoti analyst G. Burns now forecasts that the company will earn ($0.39) per share for the quarter, down from their prior estimate of ($0.34). The consensus estimate for BlackSky Technology’s current full-year earnings is ($1.34) per share. Sidoti also issued estimates for BlackSky Technology’s Q4 2026 earnings at $0.03 EPS, FY2026 earnings at ($1.20) EPS, Q1 2027 earnings at ($0.13) EPS, Q2 2027 earnings at ($0.09) EPS, Q3 2027 earnings at $0.00 EPS, Q4 2027 earnings at $0.18 EPS, FY2027 earnings at ($0.04) EPS and FY2028 earnings at $0.41 EPS.

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

BlackSky Technology Trading Up 5.3%

NYSE BKSY opened at $41.53 on Tuesday. The stock has a 50-day simple moving average of $30.06 and a 200 day simple moving average of $23.94. The company has a market capitalization of $1.54 billion, a PE ratio of -16.28 and a beta of 2.44. The company has a current ratio of 3.48, a quick ratio of 3.37 and a debt-to-equity ratio of 2.04. BlackSky Technology has a 12 month low of $9.88 and a 12 month high of $43.11.

BlackSky Technology (NYSE:BKSY) last released its quarterly earnings data on Thursday, May 7th. The company reported ($0.82) EPS for the quarter, missing analysts’ consensus estimates of ($0.37) by ($0.45). The company had revenue of $20.77 million during the quarter, compared to the consensus estimate of $27.60 million. BlackSky Technology had a negative net margin of 89.07% and a negative return on equity of 72.20%.

Institutional Investors Weigh In On BlackSky Technology

Several large investors have recently modified their holdings of BKSY. AQR Capital Management LLC bought a new stake in shares of BlackSky Technology in the first quarter worth about $103,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of 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 buying an additional 1,015 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of 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 buying an additional 432,023 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of BlackSky Technology by 40.5% during the second quarter. Legal & General Group Plc now owns 3,118 shares of the company’s stock worth $64,000 after buying an additional 899 shares in the last quarter. Finally, Rhumbline Advisers grew its holdings in shares of BlackSky Technology by 11.1% during the second quarter. Rhumbline Advisers now owns 39,229 shares of the company’s stock worth $807,000 after buying an additional 3,934 shares in the last quarter. 27.15% of the stock is currently owned by institutional investors.

Trending Headlines about BlackSky Technology

Here are the key news stories impacting BlackSky Technology this week:

• Positive Sentiment: Sidoti boosted its FY2028 EPS estimate to $0.41 from a prior loss estimate, signaling stronger long-term earnings potential.
• Positive Sentiment: The firm also lifted FY2027 estimates to a smaller loss of $0.04 per share, implying BlackSky may be nearing profitability sooner than previously expected.
• Positive Sentiment: Nearer-term outlook improved too, with Sidoti raising Q4 2026 to $0.03 EPS, Q1 2027 to a smaller loss, and Q4 2027 to $0.18 EPS.
• Neutral Sentiment: Despite the upgrades, BlackSky is still expected to remain unprofitable in FY2026 and only slightly negative in FY2027, so the turnaround is not yet complete.
• Negative Sentiment: Sidoti lowered its Q2 2026 estimate to a larger loss of $0.39 per share, and the company’s current-year consensus remains deeply negative at $1.34 per share in losses.

BlackSky Technology Company Profile

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.