BlackSky Technology Inc (NYSE: BKSY) Stock: Boom Or Bust? What Happens Next?

During the last session, BlackSky Technology Inc (NYSE:BKSY)’s traded shares were 0.34 million, with the beta value of the company hitting 1.02. At the end of the trading day, the stock’s price was $1.26, reflecting an intraday gain of 0.80% or $0.01. The 52-week high for the BKSY share is $2.37, that puts it down -88.1 from that peak though still a striking 17.46% gain since the share price plummeted to a 52-week low of $1.04. The company’s market capitalization is $184.99M, and the average trade volume was 629.84K shares over the past three months.

BlackSky Technology Inc (NYSE:BKSY) trade information

BlackSky Technology Inc (BKSY) registered a 0.80% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.80% in intraday trading to $1.26, hitting a weekly high. The stock’s 5-day price performance is 5.88%, and it has moved by -8.03% in 30 days. Based on these gigs, the overall price performance for the year is 7.69%.

BlackSky Technology Inc (BKSY) estimates and forecasts

Statistics show that BlackSky Technology Inc has outperformed its competitors in share price, compared to the industry in which it operates. BlackSky Technology Inc (BKSY) shares have gone down -3.08% during the last six months, with a year-to-date growth rate more than the industry average at 40.82% against 19.30. In the rating firms’ projections, revenue will increase 17.90% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 25.06M as predicted by 7 analyst(s). Meanwhile, a consensus of 7 analyst(s) estimates revenue growth to 26.39M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 18.4M and 19.33M respectively. In this case, analysts expect current quarter sales to grow by 36.20% and then jump by 36.50% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -424.67%. While earnings are projected to return 26.13% in 2024.

BKSY Dividends

BlackSky Technology Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

BlackSky Technology Inc (NYSE:BKSY)’s Major holders