Piper Sandler Forecasts Strong Price Appreciation for HawkEye 360 (NYSE:HAWK) Stock

HawkEye 360 (NYSE:HAWK) had its target price upped by equities research analysts at Piper Sandler from $22.00 to $24.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm presently has an “overweight” rating on the stock. Piper Sandler‘s price target indicates a potential upside of 32.16% from the company’s current price.

A number of other research firms also recently issued reports on HAWK. Craig Hallum started coverage on HawkEye 360 in a research note on Monday, July 27th. They set a “buy” rating and a $25.00 price target for the company. Royal Bank Of Canada lowered their price objective on shares of HawkEye 360 from $28.00 to $21.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 28th. Berenberg Bank initiated coverage on shares of HawkEye 360 in a report on Wednesday, September 2nd. They issued a “buy” rating and a $24.00 price objective on the stock. Weiss Ratings restated a “sell (d)” rating on shares of HawkEye 360 in a research report on Thursday. Finally, Jefferies Financial Group reduced their target price on shares of HawkEye 360 from $34.00 to $31.00 and set a “buy” rating for the company in a report on Monday, August 17th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, HawkEye 360 has an average rating of “Moderate Buy” and a consensus target price of $31.27.

HawkEye 360 Price Performance

Shares of HAWK traded up $3.49 during trading hours on Friday, hitting $18.16. The stock had a trading volume of 6,996,959 shares, compared to its average volume of 1,673,398. The company has a market cap of $1.78 billion and a price-to-earnings ratio of -34.92. HawkEye 360 has a 12 month low of $11.25 and a 12 month high of $35.73. The firm has a fifty day moving average price of $14.63.

HawkEye 360 (NYSE:HAWK) last posted its earnings results on Thursday, August 13th. The company reported ($0.07) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.06. The firm had revenue of $49.81 million during the quarter. As a group, analysts forecast that HawkEye 360 will post -0.67 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Michael Turner sold 18,256 shares of the firm’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $16.24, for a total value of $296,477.44. Following the transaction, the insider owned 179,521 shares of the company’s stock, valued at $2,915,421.04. This trade represents a 9.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Craig Chih-Meng Searle sold 9,228 shares of HawkEye 360 stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $16.29, for a total value of $150,324.12. Following the transaction, the chief financial officer directly owned 209,228 shares in the company, valued at approximately $3,408,324.12. The trade was a 4.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 178,063 shares of company stock worth $2,766,317. Corporate insiders own 3.80% of the company’s stock.

Institutional Investors Weigh In On HawkEye 360

A number of institutional investors and hedge funds have recently bought and sold shares of HAWK. State Street Corp bought a new stake in shares of HawkEye 360 during the second quarter valued at approximately $1,658,000. Tidal Investments LLC bought a new position in HawkEye 360 during the second quarter valued at $5,260,000. HBK Investments L P bought a new position in shares of HawkEye 360 in the 2nd quarter valued at about $1,011,000. Alyeska Investment Group L.P. purchased a new position in shares of HawkEye 360 in the 2nd quarter worth approximately $5,358,000. Finally, Steward Partners Investment Advisory LLC increased its position in HawkEye 360 by 115.4% during the third quarter. Steward Partners Investment Advisory LLC now owns 2,800 shares of the company’s stock valued at $42,000 after acquiring an additional 1,500 shares during the last quarter.

More HawkEye 360 News

These are some of the HAWK news items that stood out recently:

• Positive Sentiment: HawkEye raised its 2026 revenue guidance to $225 million–$227 million, above the $217.3 million analyst consensus, and set adjusted EBITDA guidance at $38 million–$40 million. HawkEye 360 third-quarter results
• Positive Sentiment: Piper Sandler raised its price target from $22 to $24 and maintained an “overweight” rating. Separately, coverage noted HawkEye is now free-cash-flow positive, a contrast with its cash burn a year earlier. Piper Sandler rating information Coverage of HawkEye 360 cash flow
• Negative Sentiment: Despite beating sales expectations, HawkEye missed on earnings, a potential caution for investors weighing its growth against profitability. Earnings coverage

About HawkEye 360

HawkEye 360 is a geospatial intelligence company that uses a constellation of small satellites to detect, locate and characterize radio-frequency (RF) signals around the world. Its data can help customers understand activity such as communications, radar use and other electronic emissions, including in areas where ground-based monitoring is limited. The company combines satellite-collected RF data with analytics and software tools to deliver intelligence products and services. Its customers include government and defense organizations, as well as commercial users with needs related to maritime awareness, security and other forms of activity monitoring.