BlackSky Rises 18% Following Jefferies' Buy Rating Initiation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 22 2025
0mins
Should l Buy BKSY?
Source: SeekingAlpha
Stock Performance: BlackSky (BKSY) surged nearly 18% after Jefferies initiated coverage with a Buy rating, projecting a price target of $23, indicating a 19% upside from its previous close of $19.25.
Growth Projections: Analysts expect BlackSky's revenue to double to $211 million by 2028, driven by international growth and increasing demand from U.S. government agencies, despite anticipated budget pressures.
Backlog and Demand: The company's backlog reached $323 million at the end of Q3, a 23% increase from the previous year, with significant revenue expected to be recognized in the coming years.
Year-to-Date Performance: BlackSky's stock has risen over 100% year-to-date, significantly outperforming the S&P 500, which has increased by 16.21%.
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Analyst Views on BKSY
Wall Street analysts forecast BKSY stock price to rise
7 Analyst Rating
6 Buy
1 Hold
0 Sell
Strong Buy
Current: 20.580
Low
20.00
Averages
26.33
High
42.00
Current: 20.580
Low
20.00
Averages
26.33
High
42.00
About BKSY
BlackSky Technology Inc. is a space-based intelligence company. The Company delivers on-demand, high frequency imagery, monitoring and analytics of the strategic locations, economic assets, and events in the world. It designs, owns, and operates low earth orbit small satellite constellations. Its BlackSky Spectra platform processes data from its constellation and from other third-party sensors to develop the critical insights and analytics that its customers require. Its Spectra is a first-of-its-kind commercial platform that helps customers manage their monitoring activities from space. Spectra software platform processes millions of observations a day from both its proprietary satellite constellations and by using data from multiple external sources, including imaging, radar and radio frequency satellites, environmental sensors, asset tracking sensors, Internet of Thing connected devices, internet-enabled narrative sources, and a variety of geotemporal data feeds.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
BlackSky Secures Seven-Figure Contract to Extend Services
- Contract Extension: BlackSky has secured a seven-figure Assured contract with an international defense customer, ensuring uncontested access to Gen-2 and Gen-3 imagery and AI analytics services, further solidifying its position in the global defense market.
- Dynamic Monitoring Services: BlackSky's dynamic monitoring services have become an essential part of customers' daily workflows, providing unprecedented visibility into critical maritime zones, border areas, and infrastructure, thereby enhancing decision-making and response capabilities.
- Accelerating Modernization: By offering end-to-end mission solutions, BlackSky supports the customer's defense modernization efforts, ensuring early intelligence, surveillance, and reconnaissance capabilities until their satellite systems are operational, thereby enhancing sovereign space capabilities.
- Technological Integration Advantage: BlackSky leverages its vertically integrated satellite manufacturing, software, and AI solutions to meet global customer demand for guaranteed data access, ensuring high-frequency imagery and analytics services are delivered at critical moments, thus enhancing market competitiveness.
See More
Global Military Blind Spot Issues Intensify
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- Technology Breakthrough Demonstration: VisionWave Holdings showcased SaverOne's RF-based Vulnerable Road User detection system's effectiveness in darkness, successfully identifying individuals concealed behind parked vehicles, highlighting the technology's potential value in autonomous safety systems.
- Strategic Partnership Agreement: VisionWave established a three-stage strategic exchange agreement worth $7 million with SaverOne, which could lead to VisionWave controlling approximately 51% of SaverOne upon milestone achievement, further solidifying its market position in defense and security applications.
- International Contract Signing: Planet Labs signed a multi-year low nine-figure contract with the Swedish Armed Forces to provide satellite and space data solutions, marking the company's continued growth in supporting national security needs and expected to drive further expansion in the European market.
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- AI Technology Application: The Brave1 system will enable Ukraine to utilize advanced military software and data infrastructure for developing next-generation algorithmic weapon systems, which not only enhances Ukraine's combat capabilities but also lays the groundwork for sharing battlefield experiences with allies in the future.
- International Support Network: Palantir's expanded role is part of a broader effort by US and European tech firms to support Ukraine's war efforts, with private sector involvement reshaping national defense strategies, particularly in response to Russian aggression.
- Digital Capability Enhancement: Palantir has signed agreements with multiple Ukrainian government ministries to enhance digital capabilities for defense, reconstruction, and strategic planning, which not only strengthens Ukraine's digital resilience but also opens avenues for future technological collaboration.
See More
BlackSky to Host Q4 and Full Year 2025 Financial Results Conference Call
- Earnings Call Announcement: BlackSky Technology Inc. will host a conference call on February 26, 2026, at 8:30 a.m. EST to discuss its Q4 and full-year 2025 financial results, with a press release issued beforehand to ensure timely information dissemination to investors.
- Live Webcast Access: Investors can access the live webcast through the company's investor relations website at http://ir.blacksky.com, enhancing transparency and communication efficiency by allowing real-time updates on company developments.
- Pre-registration Convenience: To minimize wait times, conference call participants can pre-register, receiving confirmation and access details via email, which improves user experience and ensures a smooth meeting process.
- Company Overview: BlackSky is a real-time space-based intelligence company providing high-frequency imagery and analytics, aimed at delivering strategic advantages to clients, serving various government and commercial entities globally, showcasing its leadership in the industry.
See More
Investment Potential of Rocket Lab and Intuitive Machines in the Space Sector
- Rocket Lab's Market Performance: Rocket Lab has successfully launched its Electron rocket 81 times, deploying over 248 satellites, and plans to introduce its Neutron rocket this year to carry heavier payloads, with revenue expected to grow from $600 million in 2025 to $1.29 billion in 2027, indicating strong long-term potential in the space transportation market.
- Key Contract Signing: Rocket Lab secured an $816 million contract with the U.S. Space Development Agency to design and manufacture 18 satellites, marking a critical step in diversifying its business away from core launch services.
- Intuitive Machines' Lunar Exploration: Intuitive Machines has successfully sent two Nova-C landers to the moon, with IM-1 marking the first successful U.S. moon landing since 1972, and revenue projected to increase from $219 million in 2025 to $1.04 billion in 2027, showcasing robust growth potential in commercial lunar services.
- Acquisition and Business Expansion: Intuitive Machines recently acquired Lanteris Space Systems to further diversify its business, aiming for profitability in 2026 and a fivefold increase in net income by 2027, reflecting its strategic vision as a
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BlackSky Secures Seven-Figure Defense Contracts
- Contract Signing: BlackSky Technology Inc. announced securing multiple Gen-3 Assured services contracts with an international defense customer, totaling seven figures, marking a significant expansion in the defense sector.
- Strategic Partnership: This collaboration is part of BlackSky's previously announced 'land-and-expand' strategy, with CEO Brian O’Toole emphasizing that the contracts provide customers with guaranteed priority access to the company's advanced satellite capabilities, enhancing its competitive edge.
- Stock Performance: As of Tuesday, BlackSky shares rose 8.59% to $23.25, despite trading 9.2% below the 20-day simple moving average, while remaining 9.7% and 9% above the 50-day and 100-day averages, respectively.
- Long-Term Trend: Over the past 12 months, BlackSky's stock has increased approximately 52.93%, indicating strong long-term performance, with current prices closer to 52-week highs, reflecting market confidence in its future growth.
See More
BlackSky Secures Seven-Figure Contract to Extend Services
- Contract Extension: BlackSky has secured a seven-figure Assured contract with an international defense customer, ensuring uncontested access to Gen-2 and Gen-3 imagery and AI analytics services, further solidifying its position in the global defense market.
- Dynamic Monitoring Services: BlackSky's dynamic monitoring services have become an essential part of customers' daily workflows, providing unprecedented visibility into critical maritime zones, border areas, and infrastructure, thereby enhancing decision-making and response capabilities.
- Accelerating Modernization: By offering end-to-end mission solutions, BlackSky supports the customer's defense modernization efforts, ensuring early intelligence, surveillance, and reconnaissance capabilities until their satellite systems are operational, thereby enhancing sovereign space capabilities.
- Technological Integration Advantage: BlackSky leverages its vertically integrated satellite manufacturing, software, and AI solutions to meet global customer demand for guaranteed data access, ensuring high-frequency imagery and analytics services are delivered at critical moments, thus enhancing market competitiveness.
See More
Global Military Blind Spot Issues Intensify
- Market Growth Potential: The global space-based C4ISR sector is projected to reach $3.4 billion by 2026, growing at a 7.5% rate, indicating urgent investments by nations to deploy satellite constellations for real-time intelligence, thus driving growth for related companies.
- Technology Breakthrough Demonstration: VisionWave Holdings showcased SaverOne's RF-based Vulnerable Road User detection system's effectiveness in darkness, successfully identifying individuals concealed behind parked vehicles, highlighting the technology's potential value in autonomous safety systems.
- Strategic Partnership Agreement: VisionWave established a three-stage strategic exchange agreement worth $7 million with SaverOne, which could lead to VisionWave controlling approximately 51% of SaverOne upon milestone achievement, further solidifying its market position in defense and security applications.
- International Contract Signing: Planet Labs signed a multi-year low nine-figure contract with the Swedish Armed Forces to provide satellite and space data solutions, marking the company's continued growth in supporting national security needs and expected to drive further expansion in the European market.
See More
Palantir Deepens Defense Ties with Ukraine Amid Ongoing Conflict
- Software Platform Deployment: On January 20, Palantir announced it would provide the Ukrainian defense ministry with the Brave1 Dataroom software platform to counter Russian drone threats, enhancing Ukraine's defensive capabilities and operational efficiency through real-time war data protection.
- AI Technology Application: The Brave1 system will enable Ukraine to utilize advanced military software and data infrastructure for developing next-generation algorithmic weapon systems, which not only enhances Ukraine's combat capabilities but also lays the groundwork for sharing battlefield experiences with allies in the future.
- International Support Network: Palantir's expanded role is part of a broader effort by US and European tech firms to support Ukraine's war efforts, with private sector involvement reshaping national defense strategies, particularly in response to Russian aggression.
- Digital Capability Enhancement: Palantir has signed agreements with multiple Ukrainian government ministries to enhance digital capabilities for defense, reconstruction, and strategic planning, which not only strengthens Ukraine's digital resilience but also opens avenues for future technological collaboration.
See More
BlackSky to Host Q4 and Full Year 2025 Financial Results Conference Call
- Earnings Call Announcement: BlackSky Technology Inc. will host a conference call on February 26, 2026, at 8:30 a.m. EST to discuss its Q4 and full-year 2025 financial results, with a press release issued beforehand to ensure timely information dissemination to investors.
- Live Webcast Access: Investors can access the live webcast through the company's investor relations website at http://ir.blacksky.com, enhancing transparency and communication efficiency by allowing real-time updates on company developments.
- Pre-registration Convenience: To minimize wait times, conference call participants can pre-register, receiving confirmation and access details via email, which improves user experience and ensures a smooth meeting process.
- Company Overview: BlackSky is a real-time space-based intelligence company providing high-frequency imagery and analytics, aimed at delivering strategic advantages to clients, serving various government and commercial entities globally, showcasing its leadership in the industry.
See More
Investment Potential of Rocket Lab and Intuitive Machines in the Space Sector
- Rocket Lab's Market Performance: Rocket Lab has successfully launched its Electron rocket 81 times, deploying over 248 satellites, and plans to introduce its Neutron rocket this year to carry heavier payloads, with revenue expected to grow from $600 million in 2025 to $1.29 billion in 2027, indicating strong long-term potential in the space transportation market.
- Key Contract Signing: Rocket Lab secured an $816 million contract with the U.S. Space Development Agency to design and manufacture 18 satellites, marking a critical step in diversifying its business away from core launch services.
- Intuitive Machines' Lunar Exploration: Intuitive Machines has successfully sent two Nova-C landers to the moon, with IM-1 marking the first successful U.S. moon landing since 1972, and revenue projected to increase from $219 million in 2025 to $1.04 billion in 2027, showcasing robust growth potential in commercial lunar services.
- Acquisition and Business Expansion: Intuitive Machines recently acquired Lanteris Space Systems to further diversify its business, aiming for profitability in 2026 and a fivefold increase in net income by 2027, reflecting its strategic vision as a
See More
BlackSky Secures Seven-Figure Defense Contracts
- Contract Signing: BlackSky Technology Inc. announced securing multiple Gen-3 Assured services contracts with an international defense customer, totaling seven figures, marking a significant expansion in the defense sector.
- Strategic Partnership: This collaboration is part of BlackSky's previously announced 'land-and-expand' strategy, with CEO Brian O’Toole emphasizing that the contracts provide customers with guaranteed priority access to the company's advanced satellite capabilities, enhancing its competitive edge.
- Stock Performance: As of Tuesday, BlackSky shares rose 8.59% to $23.25, despite trading 9.2% below the 20-day simple moving average, while remaining 9.7% and 9% above the 50-day and 100-day averages, respectively.
- Long-Term Trend: Over the past 12 months, BlackSky's stock has increased approximately 52.93%, indicating strong long-term performance, with current prices closer to 52-week highs, reflecting market confidence in its future growth.
See More
