Q4 EPS Estimates for BlackSky Technology Reduced by Sidoti

BlackSky Technology Inc. (NYSE:BKSY) – Analysts at Sidoti cut their Q4 2026 EPS estimates for BlackSky Technology in a note issued to investors on Friday, August 7th. Sidoti analyst G. Burns now anticipates that the company will earn ($0.01) per share for the quarter, down from their prior estimate of $0.03. The consensus estimate for BlackSky Technology’s current full-year earnings is ($1.27) per share. Sidoti also issued estimates for BlackSky Technology’s FY2028 earnings at $0.40 EPS.

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

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

BlackSky Technology Trading Up 4.6%

BKSY opened at $29.92 on Monday. BlackSky Technology has a one year low of $12.41 and a one year high of $52.88. The company has a debt-to-equity ratio of 2.39, a current ratio of 3.46 and a quick ratio of 3.34. The business has a 50 day simple moving average of $27.15 and a two-hundred day simple moving average of $29.36. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of -16.44 and a beta of 2.61.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Tema ETFs LLC raised its stake in BlackSky Technology by 110,505.8% during the second quarter. Tema ETFs LLC now owns 1,446,724 shares of the company’s stock valued at $40,393,000 after buying an additional 1,445,416 shares during the last quarter. FNY Investment Advisers LLC grew its stake in shares of BlackSky Technology by 323.0% in the second quarter. FNY Investment Advisers LLC now owns 21,891 shares of the company’s stock worth $611,000 after acquiring an additional 16,716 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of BlackSky Technology by 156.1% during 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. The Manufacturers Life Insurance Company bought a new position in shares of BlackSky Technology during the first quarter valued at $217,000. Finally, Quantinno Capital Management LP purchased a new position in shares of BlackSky Technology in the 1st quarter worth about $343,000. Institutional investors own 27.15% of the company’s stock.

Key BlackSky Technology News

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

• Positive Sentiment: BlackSky won a seven-figure, multi-year international contract covering combined assured and on-demand subscriptions. The expanded agreement follows a successful pilot and includes Gen-2 and Gen-3 imagery plus AI-enabled analytics, supporting recurring, potentially high-margin revenue and validating customer demand for the company’s satellite-imagery platform. BlackSky Wins Seven-Figure, Multi-Year International Contract for Combined Assured and On-Demand Subscriptions
• Positive Sentiment: Clear Street upgraded BlackSky from “hold” to “strong buy,” adding to bullish sentiment around the stock. BlackSky Technology analyst upgrade
• Positive Sentiment: Sidoti raised its EPS forecasts across several periods: FY2026 to a loss of $1.09 from $1.20, Q3 2026 to a loss of $0.23 from $0.25, Q1 2027 to a loss of $0.10 from $0.13, and Q2 2027 to a loss of $0.06 from $0.09. Its FY2027 forecast improved to positive EPS of $0.03 from a loss of $0.04, suggesting analysts see a faster path toward profitability.
• Neutral Sentiment: A Zacks comparison examined BlackSky’s year-to-date performance against Paymentus and the broader business-services sector. The report provides relative-performance context but does not identify a new company-specific catalyst. Is BlackSky Technology Outperforming Other Business Services Stocks This Year?
• Negative Sentiment: BlackSky continues to face substantial earnings risk. Its latest quarterly EPS missed estimates, and analysts still expect a full-year loss, while the company has reported a deeply negative net margin. The improved forecasts are encouraging but imply profitability remains a forward-looking objective.

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.