BlackSky Technology (NYSE:BKSY) Hits New 1-Year High – Time to Buy?

Posted by Francis Steltz on May 28th, 2026

BlackSky Technology Inc. (NYSE:BKSY – Get Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as $51.03 and last traded at $51.01, with a volume of 459836 shares trading hands. The stock had previously closed at $47.87.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on BKSY. Wall Street Zen downgraded BlackSky Technology from a “hold” rating to a “strong sell” rating in a report on Saturday, May 16th. HC Wainwright reiterated a “buy” rating and issued a $42.00 price target on shares of BlackSky Technology in a report on Friday, February 27th. Weiss Ratings reiterated a “sell (d-)” rating on shares of BlackSky Technology in a report on Monday, April 20th. Finally, Canaccord Genuity Group cut their price target on BlackSky Technology from $27.00 to $26.00 and set a “buy” rating for the company in a report on Friday, February 27th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, BlackSky Technology currently has a consensus rating of “Moderate Buy” and an average target price of $29.75.

Read Our Latest Analysis on BlackSky Technology

BlackSky Technology Trading Up 2.2%

The stock has a market capitalization of $1.93 billion, a price-to-earnings ratio of -20.31 and a beta of 2.44. The company has a debt-to-equity ratio of 2.39, a quick ratio of 3.34 and a current ratio of 3.46. The firm has a fifty day moving average of $35.20 and a 200-day moving average of $25.96.

BlackSky Technology (NYSE:BKSY – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported ($0.82) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.37) by ($0.45). BlackSky Technology had a negative net margin of 89.07% and a negative return on equity of 74.25%. The company had revenue of $20.77 million during the quarter, compared to analyst estimates of $27.60 million. As a group, equities analysts predict that BlackSky Technology Inc. will post -1.32 earnings per share for the current fiscal year.

Hedge Funds Weigh In On BlackSky Technology

Hedge funds have recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its stake in BlackSky Technology by 392.8% in the fourth quarter. Bank of New York Mellon Corp now owns 2,072,543 shares of the company’s stock valued at $38,860,000 after acquiring an additional 1,652,014 shares during the period. Daiwa Securities Group Inc. acquired a new position in BlackSky Technology in the fourth quarter valued at approximately $16,395,000. Goldman Sachs Group Inc. boosted its stake in BlackSky Technology by 343.7% in the first quarter. Goldman Sachs Group Inc. now owns 557,729 shares of the company’s stock valued at $4,311,000 after acquiring an additional 432,023 shares during the period. Wasatch Advisors LP acquired a new position in BlackSky Technology in the third quarter valued at approximately $8,278,000. Finally, Portolan Capital Management LLC acquired a new position in BlackSky Technology in the third quarter valued at approximately $7,855,000. 27.15% of the stock is currently owned by institutional investors and hedge funds.

BlackSky Technology Company Profile

(Get Free Report)

BlackSky Technology, Inc operates Earth observation and geospatial intelligence services through a constellation of small satellites and an analytics platform. The company collects and processes high-revisit satellite imagery, enabling near-real-time monitoring of global events and locations. Clients across government, defense and commercial sectors leverage BlackSky’s imagery and data to support decision-making in areas such as supply chain monitoring, humanitarian aid, infrastructure management and security operations.

Founded in 2014 as part of Spaceflight Industries, BlackSky has grown its satellite constellation and analytics capabilities to deliver satellite imagery with high revisit rates and rapid tasking.

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