BlackSky Technology Inc (NYSE:BKSY) has a beta value of 2.10 and has seen 1.19 million shares traded in the last trading session. The company, currently valued at $719.78M, closed the last trade at $22.74 per share which meant it lost -$0.67 on the day or -2.86% during that session. The BKSY stock price is -9.67% off its 52-week high price of $24.94 and 83.03% above the 52-week low of $3.86. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.05 million shares traded. The 3-month trading volume is 1.36 million shares.
The consensus among analysts is that BlackSky Technology Inc (BKSY) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
BlackSky Technology Inc (NYSE:BKSY) trade information
Sporting -2.86% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the BKSY stock price touched $22.74 or saw a rise of 8.82%. Year-to-date, BlackSky Technology Inc shares have moved 181.44%, while the 5-day performance has seen it change 5.87%. Over the past 30 days, the shares of BlackSky Technology Inc (NYSE:BKSY) have changed 88.25%. Short interest in the company has seen 3.3 million shares shorted with days to cover at 3.08.
Wall Street analysts have a consensus price target for the stock at $11, which means that the shares’ value could drop -106.73% from current levels. The projected low price target is $10.0 while the price target rests at a high of $12.0. In that case, then, we find that the current price level is 47.23% off the targeted high while a plunge would see the stock lose 56.02% from current levels.
BlackSky Technology Inc (BKSY) estimates and forecasts
The company’s shares have gained 104.68% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -12.83% over the past 5 years. Earnings growth for 2025 is a modest 52.43% while over the next 5 years, the company’s earnings are expected to increase by 61.34%.
BKSY Dividends
BlackSky Technology Inc is expected to release its next earnings report on 2025-May-08 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
BlackSky Technology Inc (NYSE:BKSY)’s Major holders
Insiders own 9.28% of the company shares, while shares held by institutions stand at 50.14% with a share float percentage of 55.27%. Investors are also buoyed by the number of investors in a company, with BlackSky Technology Inc having a total of 149.0 institutions that hold shares in the company. The top two institutional holders are CERCANO MANAGEMENT LLC with over 9.95 million shares worth more than $10.65 million. As of 2024-06-30, CERCANO MANAGEMENT LLC held 8.5682% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 6.95 million shares as of 2024-06-30. The firm’s total holdings are worth over $7.43 million and represent 5.9815% of shares outstanding.
