Sidoti Equities Analysts Raise Earnings Estimates for BKSY

BlackSky Technology Inc. (NYSE:BKSY) – Sidoti lifted their Q4 2027 EPS estimates for shares of BlackSky Technology in a report released on Friday, November 6th. Sidoti analyst G. Burns now forecasts that the company will earn $0.20 per share for the quarter, up from their previous forecast of $0.18. The consensus estimate for BlackSky Technology’s current full-year earnings is ($0.81) per share. Sidoti also issued estimates for BlackSky Technology’s Q2 2028 earnings at $0.07 EPS and Q3 2028 earnings at $0.15 EPS.

A number of other analysts also recently issued reports on BKSY. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BlackSky Technology in a research note on Thursday, October 15th. Jefferies Financial Group reiterated a “hold” rating and set a $27.00 target price on shares of BlackSky Technology in a research report on Tuesday. Wall Street Zen upgraded BlackSky Technology from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Clear Str raised shares of BlackSky Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $31.67.

BlackSky Technology Price Performance

Shares of BlackSky Technology stock opened at $23.82 on Monday. The stock has a 50 day moving average of $20.41 and a 200 day moving average of $26.95. The company has a debt-to-equity ratio of 0.87, a current ratio of 5.27 and a quick ratio of 5.72. BlackSky Technology has a 12 month low of $12.41 and a 12 month high of $52.88.

BlackSky Technology (NYSE:BKSY) last issued its quarterly earnings data on Thursday, November 5th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.23) by $0.33. BlackSky Technology had a negative return on equity of 29.64% and a negative net margin of 24.86%. The firm had revenue of $42.84 million during the quarter, compared to analyst estimates of $39.64 million.

Insider Buying and Selling at BlackSky Technology

In related news, CEO Brian O’Toole sold 56,280 shares of the business’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $20.95, for a total transaction of $1,179,066.00. Following the completion of the transaction, the chief executive officer owned 1,063,396 shares in the company, valued at $22,278,146.20. The trade was a 5.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Christiana Lin sold 13,052 shares of the business’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $20.95, for a total transaction of $273,439.40. Following the sale, the chief accounting officer directly owned 427,680 shares of the company’s stock, valued at $8,959,896. This represents a 2.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 168,557 shares of company stock worth $3,497,029 over the last 90 days. Company insiders own 5.20% of the company’s stock.

Hedge Funds Weigh In On BlackSky Technology

A number of large investors have recently bought and sold shares of BKSY. Tema ETFs LLC grew its position in shares of BlackSky Technology by 110,505.8% in the 2nd quarter. Tema ETFs LLC now owns 1,446,724 shares of the company’s stock worth $40,393,000 after buying an additional 1,445,416 shares during the last quarter. Tidal Investments LLC purchased a new stake in BlackSky Technology during the second quarter valued at approximately $39,289,000. AWM Investment Company Inc. purchased a new stake in BlackSky Technology during the second quarter valued at approximately $33,504,000. Bank of America Corp DE boosted its stake in BlackSky Technology by 156.1% in the first quarter. Bank of America Corp DE now owns 412,891 shares of the company’s stock valued at $10,388,000 after acquiring an additional 251,638 shares in the last quarter. Finally, Oppenheimer & Co. Inc. boosted its stake in BlackSky Technology by 66.0% in the third quarter. Oppenheimer & Co. Inc. now owns 297,939 shares of the company’s stock valued at $6,349,000 after acquiring an additional 118,421 shares in the last quarter. Institutional investors own 27.15% of the company’s stock.

Key Stories Impacting BlackSky Technology

Here are the key news stories impacting BlackSky Technology this week:

• Positive Sentiment: The new seven-figure defense contract may signal demand for BlackSky’s intelligence services and was cited as the reason shares moved higher. Article: BlackSky Technology Shares Race Higher Tuesday: What’s Going On?
• Positive Sentiment: Sidoti improved several earnings estimates, including narrowing its projected 2026 loss to $0.81 per share from $1.09, and raising its 2027 and 2028 profit forecasts to $0.20 and $0.53 per share, respectively. Better estimates may support optimism about a path to profitability. MarketBeat analyst estimates
• Neutral Sentiment: A Zacks article cited a consensus price target implying 57.7% potential upside, while cautioning that price targets alone are not a reliable predictor. It also noted that upward earnings-estimate revisions can be a more constructive signal. Article: Wall Street Analysts Think BlackSky Technology Could Surge 57.7%
• Negative Sentiment: Sidoti lowered its Q4 2026 loss estimate to $0.03 per share from $0.01, a modest offset to its broader forecast increases. MarketBeat analyst estimates

About BlackSky Technology

BlackSky Technology provides geospatial intelligence services by combining satellite imagery, artificial intelligence and data analytics. Its platform is designed to help customers monitor locations and identify changes on the ground over time. The company’s offerings include satellite-based imagery and analytics delivered through its Spectra platform. BlackSky serves government and commercial customers, including organizations in the defense and intelligence sectors, with information intended to support monitoring and decision-making around the world.