Zacks Research Upgrades HawkEye 360 (NYSE:HAWK) to Hold

HawkEye 360 (NYSE:HAWK) was upgraded by stock analysts at Zacks Research to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

A number of other research firms have also weighed in on HAWK. Robert W. Baird initiated coverage on HawkEye 360 in a research note on Monday. They issued an “outperform” rating and a $41.00 price objective for the company. Jefferies Financial Group started coverage on HawkEye 360 in a research note on Monday. They set a “hold” rating and a $34.00 price target for the company. Bank of America started coverage on HawkEye 360 in a research note on Monday. They set a “neutral” rating and a $34.00 price target for the company. The Goldman Sachs Group started coverage on HawkEye 360 in a research note on Monday. They set a “buy” rating and a $42.00 price target for the company. Finally, Raymond James Financial started coverage on HawkEye 360 in a research note on Monday. They set a “strong-buy” rating and a $40.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, HawkEye 360 has a consensus rating of “Moderate Buy” and an average price target of $39.25.

HawkEye 360 Price Performance

NYSE HAWK opened at $25.65 on Tuesday. The stock has a market capitalization of $2.39 billion, a PE ratio of -11.46 and a beta of 0.72. HawkEye 360 has a twelve month low of $25.49 and a twelve month high of $35.73.

Insiders Place Their Bets

In other news, Director Francis Alphonse Finelli bought 9,615 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was acquired at an average cost of $26.00 per share, with a total value of $249,990.00. Following the transaction, the director directly owned 9,615 shares in the company, valued at approximately $249,990. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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.