In the last trading session, 1.0 million shares of the BlackSky Technology Inc (NYSE:BKSY) were traded, and its beta was 1.81. Most recently the company’s share price was $11.73, and it changed around $0.9 or 8.31% from the last close, which brings the market valuation of the company to $371.29M. BKSY currently trades at a discount to its 52-week high of $21.92, offering almost -86.87% off that amount. The share price’s 52-week low was $3.86, which indicates that the current value has risen by an impressive 67.09% since then. We note from BlackSky Technology Inc’s average daily trading volume that its 10-day average is 0.93 million shares, with the 3-month average coming to 1.09 million.
BlackSky Technology Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 7 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended BKSY as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight.
BlackSky Technology Inc (NYSE:BKSY) trade information
Instantly BKSY has showed a green trend with a performance of 8.31% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 11.96 on recent trading dayincreased the stock’s daily price by 1.92%. The company’s shares are currently up 8.71% year-to-date, but still down -0.34% over the last five days. On the other hand, BlackSky Technology Inc (NYSE:BKSY) is 38.49% up in the 30-day period. We can see from the shorts that 3.4 million shares have been sold at a short interest cover period of 4.49 day(s).
The consensus price target as assigned by Wall Street analysts is $11, which translates to bulls needing to decrease their stock price by -6.64% from its current value. Analyst projections state that BKSY is forecast to be at a low of $10 and a high of $12.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -12.83%. BlackSky Technology Inc earnings are expected to increase by 52.37% in 2025, but the outlook is positive 61.34% per year for the next five years.
BKSY Dividends
BlackSky Technology Inc’s next quarterly earnings report is expected to be released on 2025-May-07.
BlackSky Technology Inc (NYSE:BKSY)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 9.29% of BlackSky Technology Inc shares, and 50.17% of them are in the hands of institutional investors. The stock currently has a share float of 55.31%. BlackSky Technology Inc stock is held by 150.0 institutions, with CERCANO MANAGEMENT LLC being the largest institutional investor. By 2024-06-30, it held 8.5682% of the shares, which is about 9.95 million shares worth $10.65 million.
BLACKROCK INC., with 5.9815% or 6.95 million shares worth $7.43 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Trust-iShares Russell 2000 ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 691.52 shares worth $8.11 million, making up 2.18% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 681.89 shares worth around $8.0 million, which represents about 2.15% of the total shares outstanding.
