BKSY Should I Buy
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BlackSky Technology Inc. (BKSY) is not a strong buy for a beginner investor with a long-term strategy at this moment. While the company has positive catalysts such as a new contract and growth potential in the space-based imagery sector, its recent financial performance and technical indicators do not suggest an immediate entry point. The stock's price trend is weak, and there are no strong trading signals or significant insider/hedge fund activity to support a buy decision right now.
The MACD is negatively expanding, RSI is neutral at 36.34, and moving averages are converging, signaling no clear upward momentum. The stock is trading below the pivot support level (S1: 19.774), indicating a bearish trend.
BlackSky secured a seven-figure contract with an international defense customer.
The space-based C4ISR sector is projected to grow, which aligns with BlackSky's offerings.
Analysts project a 25% annual topline growth and sales doubling by 2028.
Revenue dropped 13% YoY in Q3
EPS declined by 33.33% YoY.
The stock price has declined by 2.56% in the regular market and 0.15% post-market, showing weak momentum.
In Q3 2025, revenue decreased by 13% YoY to $19.62M. Net income improved but remains negative at -$15.34M, while EPS dropped by 33.33% YoY to -0.44. Gross margin improved to 25.18%, up 18.94% YoY.
Jefferies initiated coverage with a Buy rating and a $23 price target, citing BlackSky's unique space-based imagery offering and projected 25% annual growth. However, the stock is currently trading below the price target, with no immediate upward momentum.
