Brokers Issue Forecasts for BKSY Q1 Earnings

BlackSky Technology Inc. (NYSE:BKSY) – Equities research analysts at Sidoti issued their Q1 2028 earnings estimates for BlackSky Technology in a report released on Friday, September 25th. Sidoti analyst G. Burns expects that the company will post earnings per share of ($0.01) for the quarter. The consensus estimate for BlackSky Technology’s current full-year earnings is ($1.09) per share. Sidoti also issued estimates for BlackSky Technology’s Q2 2028 earnings at $0.03 EPS.

BlackSky Technology (NYSE:BKSY) last issued its quarterly earnings data on Thursday, August 6th. The company reported ($0.54) EPS for the quarter, missing analysts’ consensus estimates of ($0.38) by ($0.16). The business had revenue of $33.32 million during the quarter, compared to the consensus estimate of $30.72 million. BlackSky Technology had a negative return on equity of 51.24% and a negative net margin of 61.24%.

A number of other equities research analysts also recently weighed in on BKSY. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BlackSky Technology in a research report on Friday, July 17th. Wall Street Zen upgraded shares of BlackSky Technology from a “strong sell” rating to a “sell” rating in a report on Saturday, August 15th. Jefferies Financial Group raised shares of BlackSky Technology to a “hold” rating in a research report on Wednesday, June 10th. Finally, Clear Str upgraded shares of BlackSky Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $39.33.

BlackSky Technology Trading Down 4.8%

Shares of NYSE:BKSY opened at $21.86 on Monday. The company has a market capitalization of $894.43 million, a PE ratio of -12.01 and a beta of 2.61. The company has a current ratio of 5.83, a quick ratio of 5.72 and a debt-to-equity ratio of 0.94. BlackSky Technology has a 12-month low of $12.41 and a 12-month high of $52.88. The business’s fifty day simple moving average is $24.17 and its 200-day simple moving average is $29.69.

Hedge Funds Weigh In On BlackSky Technology

Hedge funds have recently modified their holdings of the stock. Fifth Third Bancorp purchased a new stake in BlackSky Technology during the 1st quarter worth approximately $48,000. Eurizon Capital SGR S.p.A. purchased a new position in shares of BlackSky Technology in the fourth quarter worth $95,000. Integrated Wealth Concepts LLC purchased a new position in shares of BlackSky Technology in the second quarter worth $216,000. The Manufacturers Life Insurance Company acquired a new stake in shares of BlackSky Technology during the first quarter worth $217,000. Finally, Caitong International Asset Management Co. Ltd lifted its stake in shares of BlackSky Technology by 332.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 12,116 shares of the company’s stock worth $227,000 after buying an additional 9,313 shares during the period. Institutional investors and hedge funds own 27.15% of the company’s stock.

Insider Buying and Selling

In related news, CEO Brian O’Toole sold 56,280 shares of the company’s stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $20.95, for a total transaction of $1,179,066.00. Following the transaction, the chief executive officer directly owned 1,063,396 shares of the company’s stock, valued at $22,278,146.20. This represents a 5.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Christiana Lin sold 13,052 shares of the stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $20.95, for a total value of $273,439.40. Following the completion of the sale, the chief accounting officer owned 427,680 shares of the company’s stock, valued at approximately $8,959,896. This trade represents a 2.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 138,557 shares of company stock worth $2,991,269 in the last ninety days. 5.20% of the stock is owned by insiders.

BlackSky Technology Company Profile

BlackSky Technology Inc is a space-based intelligence and geospatial analytics company that provides timely Earth-observation data and analysis to government and commercial customers. The company operates a satellite constellation designed to collect high-resolution imagery and support persistent monitoring of locations and activities around the world.

BlackSky’s offerings include satellite imagery, automated change detection, geospatial intelligence, and artificial intelligence-powered analytics.