During the last session, BlackSky Technology Inc (NYSE:BKSY)’s traded shares were 0.48 million, with the beta value of the company hitting 1.73. At the end of the trading day, the stock’s price was $7.07, reflecting an intraday loss of -0.70% or -$0.05. The 52-week high for the BKSY share is $21.92, that puts it down -210.04 from that peak though still a striking 45.4% gain since the share price plummeted to a 52-week low of $3.86. The company’s market capitalization is $223.78M, and the average intraday trading volume over the past 10 days was 0.82 million shares, and the average trade volume was 1.62 million shares over the past three months.
BlackSky Technology Inc (BKSY) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. BKSY has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.46.
BlackSky Technology Inc (NYSE:BKSY) trade information
BlackSky Technology Inc (BKSY) registered a -0.70% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.70% in intraday trading to $7.07, hitting a weekly high. The stock’s 5-day price performance is -6.23%, and it has moved by -21.18% in 30 days. Based on these gigs, the overall price performance for the year is -28.73%. The short interest in BlackSky Technology Inc (NYSE:BKSY) is 3.76 million shares and it means that shorts have 2.62 day(s) to cover.
The consensus price target of analysts on Wall Street is $11, which implies an increase of 35.73% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $10 and $12 respectively. As a result, BKSY is trading at a discount of -69.73% off the target high and -41.44% off the low.
BlackSky Technology Inc (BKSY) estimates and forecasts
In the rating firms’ projections, revenue will increase 29.68% 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 27.2M as predicted by 10 analyst(s). Meanwhile, a consensus of 10 analyst(s) estimates revenue growth to 29.9M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 24.24M and 24.94M respectively. In this case, analysts expect current quarter sales to grow by 12.24% and then jump by 19.89% 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 -12.83%. While earnings are projected to return 38.13% in 2025, the next five years will return 61.22% per annum.
BKSY Dividends
BlackSky Technology Inc is due to release its next quarterly earnings on 2025-Mar-05. 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
BlackSky Technology Inc insiders own 10.44% of total outstanding shares while institutional holders control 50.31%, with the float percentage being 56.17%. CERCANO MANAGEMENT LLC is the largest shareholder of the company, while 127.0 institutions own stock in it. As of 2024-06-30, the company held over 9.95 million shares (or 8.5682% of all shares), a total value of $10.65 million in shares.
The next largest institutional holding, with 6.95 million shares, is of BLACKROCK INC.’s that is approximately 5.9815% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $7.43 million.
Also, the Mutual Funds coming in first place with the largest holdings of BlackSky Technology Inc (BKSY) shares are iShares Trust-iShares Russell 2000 ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . Data provided on Mar 31, 2025 indicates that iShares Trust-iShares Russell 2000 ETF owns about 691.52 shares. This amounts to just over 2.19 percent of the company’s overall shares, with a $4.89 million market value. The same data shows that the other fund manager holds slightly less at 681.89, or about 2.16% of the stock, which is worth about $4.82 million.
