HawkEye 360 (NYSE:HAWK – Get Free Report) was upgraded by analysts at Berenberg Bank to a “strong-buy” rating in a note issued to investors on Wednesday, Zacks reports.
A number of other research firms also recently issued reports on HAWK. Raymond James Financial assumed coverage on shares of HawkEye 360 in a research note on Monday, June 1st. They issued a “strong-buy” rating and a $40.00 price target for the company. Wall Street Zen raised HawkEye 360 from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Craig Hallum initiated coverage on HawkEye 360 in a research note on Monday, July 27th. They issued a “buy” rating and a $25.00 target price for the company. UBS Group set a $42.00 price target on HawkEye 360 in a research report on Monday, June 1st. Finally, William Blair began coverage on HawkEye 360 in a report on Monday, June 1st. They issued an “outperform” rating for the company. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, HawkEye 360 currently has a consensus rating of “Moderate Buy” and an average price target of $35.30.
Read Our Latest Stock Report on HawkEye 360
HawkEye 360 Trading Down 2.2%
HawkEye 360 (NYSE:HAWK – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.13) by $0.06. The company had revenue of $49.81 million during the quarter. As a group, analysts anticipate that HawkEye 360 will post -0.01 EPS for the current year.
Institutional Investors Weigh In On HawkEye 360
An institutional investor recently bought a new position in HawkEye 360 stock. Readystate Asset Management LP purchased a new stake in shares of HawkEye 360, Inc. (NYSE:HAWK – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 22,500 shares of the company’s stock, valued at approximately $455,000.
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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