HawkEye 360 (NYSE:HAWK) Upgraded by Raymond James Financial to Strong-Buy Rating

HawkEye 360 (NYSE:HAWK) was upgraded by Raymond James Financial to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Several other brokerages have also recently commented on HAWK. Wall Street Zen upgraded shares of HawkEye 360 to a “hold” rating in a research report on Saturday, May 16th. Jefferies Financial Group assumed coverage on shares of HawkEye 360 in a research report on Monday. They set a “hold” rating and a $34.00 price target for the company. The Goldman Sachs Group assumed coverage on shares of HawkEye 360 in a research report on Monday. They set a “buy” rating and a $42.00 price target for the company. Robert W. Baird assumed coverage on shares of HawkEye 360 in a research report on Monday. They set an “outperform” rating and a $41.00 price target for the company. Finally, Morgan Stanley assumed coverage on shares of HawkEye 360 in a research report on Monday. They set an “overweight” rating and a $41.00 price target for the company. Three investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $39.25.

HawkEye 360 Stock Down 0.3%

HAWK opened at $31.54 on Monday. The stock has a market capitalization of $2.94 billion, a price-to-earnings ratio of -11.46 and a beta of 0.72. HawkEye 360 has a 1-year low of $28.83 and a 1-year high of $35.73.

Insiders Place Their Bets

In other news, Director Francis Alphonse Finelli acquired 9,615 shares of HawkEye 360 stock in a transaction that occurred on Friday, May 8th. The shares were acquired at an average price of $26.00 per share, with a total value of $249,990.00. Following the purchase, the director directly owned 9,615 shares of the company’s stock, valued at $249,990. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 3.80% of the stock is owned by insiders.

About HawkEye 360

HawkEye 360 is a U.S.-based geospatial intelligence company that operates a commercial satellite constellation and analytics platform focused on radio frequency (RF) data. The company collects and geolocates RF emissions from space using clusters of small satellites, turning raw signal detections into actionable datasets and insights. Its technology is designed to reveal signal sources and patterns that are difficult or impossible to observe with conventional remote sensing systems.

HawkEye 360 offers subscription access to geospatial RF datasets, on-demand tasking, and analytic services delivered through cloud-based tools and APIs.