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

Shares of HawkEye 360, Inc. (NYSE:HAWK) have been given an average recommendation of “Moderate Buy” by the nine research firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $38.3750.

A number of equities research analysts have recently weighed in on the stock. Bank of America assumed coverage on shares of HawkEye 360 in a report on Monday, June 1st. They set a “neutral” rating and a $34.00 price objective on the stock. Jefferies Financial Group raised shares of HawkEye 360 from a “hold” rating to a “buy” rating and set a $34.00 price objective on the stock in a report on Monday, June 15th. Morgan Stanley assumed coverage on shares of HawkEye 360 in a report on Monday, June 1st. They set an “overweight” rating and a $41.00 price objective on the stock. The Goldman Sachs Group assumed coverage on shares of HawkEye 360 in a report on Monday, June 1st. They set a “buy” rating and a $42.00 price objective on the stock. Finally, UBS Group set a $42.00 price objective on shares of HawkEye 360 in a report on Monday, June 1st.

Insider Buying and Selling at HawkEye 360

In related news, Director Francis Alphonse Finelli acquired 9,615 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were purchased at an average cost of $26.00 per share, with a total value of $249,990.00. Following the completion of the acquisition, the director directly owned 9,615 shares of the company’s stock, valued at $249,990. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 3.80% of the stock is owned by company insiders.

HawkEye 360 Stock Performance

NYSE HAWK opened at $19.67 on Friday. HawkEye 360 has a 12-month low of $19.60 and a 12-month high of $35.73. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of -11.46 and a beta of 0.72.

HawkEye 360 (NYSE:HAWK) last released its quarterly earnings results on Monday, June 22nd. The company reported ($0.45) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.40). The business had revenue of $49.80 million for the quarter, compared to analyst estimates of $48.26 million.

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.