HawkEye 360, Inc. (NYSE:HAWK) Given Consensus Recommendation of “Moderate Buy” by Analysts

HawkEye 360, Inc. (NYSE:HAWK) has earned a consensus recommendation of “Moderate Buy” from the ten research firms that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $36.8889.

HAWK has been the topic of a number of recent research reports. William Blair began coverage on HawkEye 360 in a research note on Monday, June 1st. They issued an “outperform” rating on the stock. Morgan Stanley assumed coverage on shares of HawkEye 360 in a report on Monday, June 1st. They issued an “overweight” rating and a $41.00 price objective on the stock. The Goldman Sachs Group initiated coverage on shares of HawkEye 360 in a research note on Monday, June 1st. They set a “buy” rating and a $42.00 target price for the company. Raymond James Financial started coverage on shares of HawkEye 360 in a research note on Monday, June 1st. They issued a “strong-buy” rating and a $40.00 price target on the stock. Finally, Wall Street Zen raised HawkEye 360 from a “sell” rating to a “hold” rating in a report on Saturday.

HawkEye 360 Stock Down 6.5%

Shares of NYSE HAWK opened at $22.78 on Friday. The stock has a 50-day simple moving average of $21.77. HawkEye 360 has a 52-week low of $17.02 and a 52-week high of $35.73. The company has a market capitalization of $2.23 billion, a PE ratio of -11.46 and a beta of 0.72.

HawkEye 360 (NYSE:HAWK) last posted its earnings results on Thursday, August 13th. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.13) by $0.06. The company had revenue of $49.81 million for the quarter.

HawkEye 360 Company Profile

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.