What is Sidoti Csr’s Forecast for BKSY Q1 Earnings?

BlackSky Technology Inc. (NYSE:BKSY) – Equities researchers at Sidoti Csr issued their Q1 2027 EPS estimates for BlackSky Technology in a note issued to investors on Monday, July 21st. Sidoti Csr analyst G. Burns forecasts that the company will post earnings per share of ($0.09) for the quarter. The consensus estimate for BlackSky Technology’s current full-year earnings is ($2.28) per share. Sidoti Csr also issued estimates for BlackSky Technology’s Q2 2027 earnings at ($0.05) EPS.

BlackSky Technology (NYSE:BKSY) last posted its earnings results on Thursday, May 8th. The company reported ($0.42) EPS for the quarter, topping the consensus estimate of ($0.47) by $0.05. BlackSky Technology had a negative net margin of 50.30% and a negative return on equity of 45.63%. The firm had revenue of $29.54 million for the quarter, compared to the consensus estimate of $27.20 million.

Several other equities analysts have also recently weighed in on BKSY. Benchmark boosted their price objective on BlackSky Technology from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday, May 13th. Canaccord Genuity Group cut their price target on BlackSky Technology from $28.00 to $27.00 and set a “buy” rating for the company in a report on Tuesday. Finally, HC Wainwright raised their price objective on shares of BlackSky Technology from $20.00 to $28.00 and gave the stock a “buy” rating in a research note on Monday. Six analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $24.17.

BlackSky Technology Stock Up 1.4%

BKSY stock opened at $20.43 on Tuesday. The stock has a market capitalization of $646.45 million, a price-to-earnings ratio of -7.95 and a beta of 2.07. The company has a 50-day moving average of $16.35 and a two-hundred day moving average of $12.90. BlackSky Technology has a 52-week low of $3.86 and a 52-week high of $28.85. The company has a debt-to-equity ratio of 1.26, a current ratio of 3.79 and a quick ratio of 3.79.

Institutional Investors Weigh In On BlackSky Technology

Several institutional investors and hedge funds have recently bought and sold shares of BKSY. Two Sigma Investments LP acquired a new stake in BlackSky Technology in the 4th quarter valued at $1,219,000. Bank of New York Mellon Corp boosted its stake in shares of BlackSky Technology by 89.1% in the 4th quarter. Bank of New York Mellon Corp now owns 56,298 shares of the company’s stock valued at $607,000 after purchasing an additional 26,528 shares in the last quarter. Northern Trust Corp boosted its stake in shares of BlackSky Technology by 89.1% in the 4th quarter. Northern Trust Corp now owns 202,153 shares of the company’s stock valued at $2,181,000 after purchasing an additional 95,228 shares in the last quarter. Oppenheimer & Co. Inc. grew its holdings in shares of BlackSky Technology by 215.3% in the 1st quarter. Oppenheimer & Co. Inc. now owns 80,638 shares of the company’s stock worth $623,000 after purchasing an additional 55,067 shares during the last quarter. Finally, Nuveen Asset Management LLC increased its position in shares of BlackSky Technology by 20.5% during the 4th quarter. Nuveen Asset Management LLC now owns 72,890 shares of the company’s stock worth $786,000 after purchasing an additional 12,378 shares in the last quarter. Institutional investors own 27.15% of the company’s stock.

BlackSky Technology Company Profile

BlackSky Technology Inc provides geospatial intelligence, imagery and related data analytic products and services, and mission systems that include the development, integration, and operation of satellite and ground systems for government and commercial customers in North America, the Middle East, the Asia Pacific, and internationally.