Sidoti Equities Analysts Raise Earnings Estimates for BKSY

BlackSky Technology Inc. (NYSE:BKSY) – Equities researchers at Sidoti boosted their FY2026 earnings estimates for shares of BlackSky Technology in a research note issued to investors on Friday, November 6th. Sidoti analyst G. Burns now anticipates that the company will post earnings per share of ($0.81) for the year, up from their previous forecast of ($1.09). The consensus estimate for BlackSky Technology’s current full-year earnings is ($1.09) per share. Sidoti also issued estimates for BlackSky Technology’s Q4 2026 earnings at ($0.03) EPS, Q1 2027 earnings at ($0.06) EPS, Q2 2027 earnings at ($0.01) EPS, Q3 2027 earnings at $0.06 EPS, FY2027 earnings at $0.20 EPS, Q1 2028 earnings at $0.03 EPS and FY2028 earnings at $0.53 EPS.

BlackSky Technology (NYSE:BKSY) last released its earnings results on Thursday, November 5th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.23) by $0.33. The company had revenue of $42.84 million during the quarter, compared to analyst estimates of $39.64 million. BlackSky Technology had a negative return on equity of 51.24% and a negative net margin of 61.24%.

BKSY has been the topic of several other research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of BlackSky Technology in a research report on Thursday, October 15th. Clear Str raised BlackSky Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Finally, Wall Street Zen raised BlackSky Technology from a “sell” rating to a “hold” rating in a research report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $39.33.

BlackSky Technology Price Performance

Shares of BKSY opened at $23.77 on Tuesday. The stock has a 50 day moving average of $20.39 and a 200 day moving average of $26.96. BlackSky Technology has a 12 month low of $12.41 and a 12 month high of $52.88. The company has a quick ratio of 5.72, a current ratio of 5.83 and a debt-to-equity ratio of 0.94.

Hedge Funds Weigh In On BlackSky Technology

Several institutional investors have recently bought and sold shares of BKSY. Sterling Capital Management LLC grew its holdings in BlackSky Technology by 935.6% during the third quarter. Sterling Capital Management LLC now owns 1,222 shares of the company’s stock valued at $26,000 after purchasing an additional 1,104 shares during the period. Fifth Third Bancorp bought a new stake in shares of BlackSky Technology in the first quarter valued at $48,000. State of Alaska Department of Revenue bought a new stake in shares of BlackSky Technology in the third quarter valued at $41,000. Integrated Wealth Concepts LLC bought a new stake in shares of BlackSky Technology in the second quarter valued at $216,000. Finally, Arizona State Retirement System purchased a new position in shares of BlackSky Technology during the 2nd quarter valued at $236,000. Hedge funds and other institutional investors own 27.15% of the company’s stock.

Insiders Place Their Bets

In other BlackSky Technology news, CEO Brian O’Toole sold 20,000 shares of the business’s stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $16.86, for a total value of $337,200.00. Following the transaction, the chief executive officer directly owned 1,023,396 shares in the company, valued at $17,254,456.56. The trade was a 1.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christiana Lin sold 6,000 shares of the stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $16.86, for a total transaction of $101,160.00. Following the transaction, the chief accounting officer directly owned 415,680 shares of the company’s stock, valued at $7,008,364.80. This represents a 1.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 168,557 shares of company stock valued at $3,497,029. Company insiders own 5.20% of the company’s stock.

BlackSky Technology News Roundup

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

• Positive Sentiment: Sidoti raised its full-year 2026 EPS forecast to a loss of $0.81 from a loss of $1.09, and its 2027 forecast to earnings of $0.20 from $0.03. It also lifted its 2028 estimate to $0.53 from $0.40, signaling stronger expected earnings growth. BlackSky Technology Q4 Earnings Forecast Increased by Sidoti
• Positive Sentiment: Quarterly estimates for Q1–Q3 2027 were also raised, with Sidoti now forecasting positive EPS of $0.06 for Q3, reinforcing the projected shift toward profitability.
• Negative Sentiment: Sidoti lowered its Q4 2026 EPS estimate to a loss of $0.03 from a loss of $0.01. The company’s forecast losses for 2026 and the need to deliver on later-year projections remain risks.

About BlackSky Technology

BlackSky Technology Inc is a space-based intelligence and geospatial analytics company that provides high-frequency monitoring of activity and changes on Earth. The company combines satellite imagery, artificial intelligence and machine learning, and other data sources to help customers identify and analyze events and locations of interest.

BlackSky operates a constellation of Earth-observation satellites and delivers imagery, alerts, and analytical products through its Spectra platform.