BKSY

Blacksky Technology Inc

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Advanced Chart

17.260

+0.17(0.995%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

17.550

Open

16.850

VWAP

17.19

Vol

1.52M

Mkt Cap

612.12M

Low

16.700

Amount

26.16M

EV/EBITDA(TTM)

Total Shares

144.44M

640.80M

EV/OCF(TTM)

33.40

P/S(TTM)

4.66

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

34.55M

+16.94%

35.17M

+15.8%

28.67M

+27.16%

Estimates Revision

The market is revising Downward the revenue expectations for BlackSky Technology Inc. (BKSY) for FY2025, with the revenue forecasts being adjusted by -9.38% over the past three months. During the same period, the stock price has changed by 49.83%.

Revenue Estimates for FY2025

Revise Downward

-9.38%

In Past 3 Month

Stock Price

Go Up

+49.83%

In Past 3 Month

6 Analyst Rating

44.84% Upside

Wall Street analysts forecast BKSY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BKSY is 25.00 USD with a low forecast of 18.00 USD and a high forecast of 28.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

5 Buy

1 Hold

0 Sell

Strong Buy

44.84% Upside

Current: 17.260

Low

18.00

Averages

25.00

High

28.00

44.84% Upside

Current: 17.260

Low

18.00

Averages

25.00

High

28.00

Lake Street

Buy

maintain

$18 -> $28

2025-07-24

Reason

Lake Street

Price Target

$18 -> $28

2025-07-24

maintain

Buy

Reason

Lake Street raised the firm's price target on BlackSky to $28 from $18 and keeps a Buy rating on the shares after the company reported preliminary Q2 revenue, lowered its 2025 outlook, indicated it sold 3.1M shares under its ATM, and announced $160M of 8.25% convertible notes due 2033 last week. The firm, which remain encouraged by the continued win announcements since Q1 earnings and the "healthy backlog," believes the positive sentiment on the broader aerospace and defense sector is likely to persist, which could help drive BlackSky's multiple higher.

Clear Street

Buy

Hold

downgrade

$20 -> $24

2025-07-22

Reason

Clear Street

Price Target

$20 -> $24

2025-07-22

downgrade

Buy

Hold

Reason

Clear Street downgraded BlackSky to Hold from Buy with a price target of $24, up from $20. The firm cites valuation for the downgrade with the shares up 112% year-to-date. BlackSky's risk/reward is now balanced with limited shared upside, the analyst tells investors in a research note.

Canaccord

Buy

downgrade

$28 -> $27

2025-07-22

Reason

Canaccord

Price Target

$28 -> $27

2025-07-22

downgrade

Buy

Reason

Canaccord lowered the firm's price target on BlackSky to $27 from $28 and keeps a Buy rating on the shares. The firm updated its model following the company's earnings preannouncement showing revenue was down due to a decrease in revenues from the Professional & Engineering services business segment, which was negatively impacted by revenue recognition relating to longer- term contracts in various stages of completion. Looking ahead, management additionally issued reduced financial guidance for FY25.

Canaccord

Buy

maintain

$20 -> $28

2025-07-16

Reason

Canaccord

Price Target

$20 -> $28

2025-07-16

maintain

Buy

Reason

Canaccord raised the firm's price target on BlackSky to $28 from $20 and keeps a Buy rating on the shares. The firm noted the company announced that it signed an agreement with another international defense customer to secure access to Gen-3 and Gen-2 satellite imagery. BlackSky won the "multimillion-dollar" contract in a competitive bidding process, which will provide the new customer high-resolution satellite imagery and Spectra AI-enabled analytics services through 2029.

H.C. Wainwright

Scott Buck

Buy

maintain

$20 -> $28

2025-07-08

Reason

H.C. Wainwright

Scott Buck

Price Target

$20 -> $28

2025-07-08

maintain

Buy

Reason

H.C. Wainwright analyst Scott Buck raised the firm's price target on BlackSky to $28 from $20 and keeps a Buy rating on the shares. The firm cites the recent share outperformance to expectations for increasing demand given the deployment of the company's Gen-3 satellites and increasing geopolitical tensions. It sees the outperformance continuing in the second half of 2025.

Canaccord

Buy

upgrade

$14 -> $20

2025-06-26

Reason

Canaccord

Price Target

$14 -> $20

2025-06-26

upgrade

Buy

Reason

Canaccord raised the firm's price target on BlackSky to $20 from $14 and keeps a Buy rating on the shares. The firm noted BlackSky has also been selected for the 5-year $200M Luno B contract to provide tactical GEOINT data to warfighters in theatre, in addition to the 10-year $1.02B EOCL contract for the NRO. Canacord said they accept that there is always launch and on-orbit commissioning risk with new satellite constellations, the rapid delivery of imagery and AI analytics from the first two Gen-3 satellites has been impressive, and the global defense environment is necessitating greater consumption of imagery volume by DoD/IC and allied MoDs.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Blacksky Technology Inc (BKSY.N) is -14.24, compared to its 5-year average forward P/E of -3.46. For a more detailed relative valuation and DCF analysis to assess Blacksky Technology Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-3.46

Current PE

-14.24

Overvalued PE

0.01

Undervalued PE

-6.93

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

13.55

Current EV/EBITDA

26.95

Overvalued EV/EBITDA

61.43

Undervalued EV/EBITDA

-34.33

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

5.09

Current PS

4.47

Overvalued PS

11.72

Undervalued PS

-1.54

Financials

Annual

Quarterly

FY2025Q2

YoY :

-10.98%

22.20M

Total Revenue

FY2025Q2

YoY :

+17.28%

-13.48M

Operating Profit

FY2025Q2

YoY :

+338.85%

-41.24M

Net Income after Tax

FY2025Q2

YoY :

+144.23%

-1.27

EPS - Diluted

FY2025Q2

YoY :

+115.16%

-10.91M

Free Cash Flow

FY2025Q2

YoY :

+44.92%

39.39

Gross Profit Margin - %

FY2025Q2

YoY :

-109.67%

1.90

FCF Margin - %

FY2025Q2

YoY :

+393.02%

-185.77

Net Margin - %

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

261.1K

USD

0-12

Months

446.5K

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

0-3

Months

0.0

Volume

3-6

Months

0.0

Volume

6-9

Months

0.0

Volume

0-12

Months

0.0

Volume

Bought

0-3

0.0

Volume

Months

3-6

0.0

Volume

Months

6-9

0.0

Volume

Months

0-12

0.0

Volume

Months

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

261.1K

USD

0-12

Months

446.5K

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

BKSY News & Events

Events Timeline

2025-08-07 (ET)

2025-08-07

07:38:34

BlackSky lowers FY25 revenue view to $105M-$130M from $125M-$142M

2025-08-07

07:35:20

BlackSky reports Q2 EPS ($1.27), consensus (48c)

2025-07-29 (ET)

2025-07-29

09:14:06

BlackSky wins next phase of U.S. Navy research contract

News

3.0

08-06SeekingAlpha

BlackSky Technology Q2 2025 Earnings Preview

6.0

07-29Newsfilter

BlackSky Wins Next Phase of U.S. Navy Optical Inter-Satellite Link Research Contract to Advance Gen-3 Communications for Time-Dominant Military Operations

4.0

07-24Benzinga

Lake Street Maintains Buy on BlackSky Technology, Raises Price Target to $28