HawkEye 360 (NYSE:HAWK – Get Free Report) had its target price cut by stock analysts at Royal Bank Of Canada from $40.00 to $33.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 52.28% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Robert W. Baird initiated coverage on shares of HawkEye 360 in a report on Monday, June 1st. They issued an “outperform” rating and a $41.00 price target for the company. William Blair began coverage on HawkEye 360 in a research note on Monday, June 1st. They issued an “outperform” rating for the company. Wall Street Zen raised HawkEye 360 from a “strong sell” rating to a “sell” rating in a research note on Monday. Morgan Stanley started coverage on HawkEye 360 in a report on Monday, June 1st. They set an “overweight” rating and a $41.00 price objective for the company. Finally, Bank of America began coverage on HawkEye 360 in a research report on Monday, June 1st. They set a “neutral” rating and a $34.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, HawkEye 360 presently has a consensus rating of “Moderate Buy” and an average price target of $38.38.
Check Out Our Latest Stock Analysis on HawkEye 360
HawkEye 360 Stock Performance
HawkEye 360 (NYSE:HAWK – Get Free Report) last announced its quarterly earnings data on Monday, June 22nd. The company reported ($0.45) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.40). The firm had revenue of $49.80 million for the quarter, compared to the consensus estimate of $48.26 million.
Insider Activity at HawkEye 360
In related news, Director Francis Alphonse Finelli bought 9,615 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were bought at an average price of $26.00 per share, for a total transaction of $249,990.00. Following the completion of the acquisition, the director directly owned 9,615 shares of the company’s stock, valued at $249,990. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.80% of the stock is currently owned by company insiders.
About HawkEye 360
HawkEye 360 is a U.S.-based geospatial intelligence company that operates a commercial satellite constellation and analytics platform focused on radio frequency (RF) data. The company collects and geolocates RF emissions from space using clusters of small satellites, turning raw signal detections into actionable datasets and insights. Its technology is designed to reveal signal sources and patterns that are difficult or impossible to observe with conventional remote sensing systems.
HawkEye 360 offers subscription access to geospatial RF datasets, on-demand tasking, and analytic services delivered through cloud-based tools and APIs.
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