Sidoti Predicts Stronger Earnings for BlackSky Technology

BlackSky Technology Inc. (NYSE:BKSY) – Stock analysts at Sidoti boosted their Q3 2026 earnings per share estimates for shares of BlackSky Technology in a research note issued to investors on Friday, August 7th. Sidoti analyst G. Burns now expects that the company will post earnings per share of ($0.23) for the quarter, up from their prior forecast of ($0.25). The consensus estimate for BlackSky Technology’s current full-year earnings is ($1.32) per share. Sidoti also issued estimates for BlackSky Technology’s FY2026 earnings at ($1.09) EPS, Q1 2027 earnings at ($0.10) EPS, Q2 2027 earnings at ($0.06) EPS, Q3 2027 earnings at $0.02 EPS and FY2027 earnings at $0.03 EPS.

BKSY has been the topic of a number of other reports. Jefferies Financial Group raised shares of BlackSky Technology to a “hold” rating in a research report on Wednesday, June 10th. Clear Str raised shares of BlackSky Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday. Wall Street Zen downgraded shares of BlackSky Technology from a “hold” rating to a “strong sell” rating in a research note on Saturday, May 16th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of BlackSky Technology in a report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, BlackSky Technology presently has a consensus rating of “Moderate Buy” and an average price target of $39.33.

BlackSky Technology Stock Down 1.4%

BKSY opened at $28.76 on Tuesday. BlackSky Technology has a 1 year low of $12.41 and a 1 year high of $52.88. The firm has a 50 day moving average price of $27.43 and a 200 day moving average price of $29.33. The company has a debt-to-equity ratio of 2.39, a quick ratio of 3.34 and a current ratio of 3.46. The company has a market cap of $1.18 billion, a PE ratio of -15.80 and a beta of 2.61.

BlackSky Technology (NYSE:BKSY) last released its quarterly earnings data on Thursday, August 6th. The company reported ($0.54) earnings per share for the quarter, missing the consensus estimate of ($0.38) by ($0.16). BlackSky Technology had a negative net margin of 61.24% and a negative return on equity of 68.90%. The firm had revenue of $33.32 million during the quarter, compared to analyst estimates of $30.72 million.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC acquired a new stake in BlackSky Technology during the 1st quarter valued at $103,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in BlackSky Technology by 7.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,174 shares of the company’s stock worth $117,000 after buying an additional 1,015 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in BlackSky Technology by 343.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 557,729 shares of the company’s stock worth $4,311,000 after buying an additional 432,023 shares in the last quarter. Legal & General Group Plc boosted its position in BlackSky Technology by 40.5% in the 2nd quarter. Legal & General Group Plc now owns 3,118 shares of the company’s stock valued at $64,000 after buying an additional 899 shares during the last quarter. Finally, Rhumbline Advisers grew its stake in shares of BlackSky Technology by 11.1% during the second quarter. Rhumbline Advisers now owns 39,229 shares of the company’s stock valued at $807,000 after acquiring an additional 3,934 shares in the last quarter. 27.15% of the stock is currently owned by hedge funds and other institutional investors.

BlackSky Technology Company Profile

BlackSky Technology, Inc operates Earth observation and geospatial intelligence services through a constellation of small satellites and an analytics platform. The company collects and processes high-revisit satellite imagery, enabling near-real-time monitoring of global events and locations. Clients across government, defense and commercial sectors leverage BlackSky’s imagery and data to support decision-making in areas such as supply chain monitoring, humanitarian aid, infrastructure management and security operations.

Founded in 2014 as part of Spaceflight Industries, BlackSky has grown its satellite constellation and analytics capabilities to deliver satellite imagery with high revisit rates and rapid tasking.