Jefferies Financial Group Cuts HawkEye 360 (NYSE:HAWK) Price Target to $31.00

HawkEye 360 (NYSE:HAWK) had its target price decreased by equities researchers at Jefferies Financial Group from $34.00 to $31.00 in a report released on Monday,Benzinga reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 36.50% from the stock’s current price.

Several other equities research analysts have also recently weighed in on the stock. Bank of America assumed coverage on shares of HawkEye 360 in a research report on Monday, June 1st. They issued a “neutral” rating and a $34.00 price target for the company. Morgan Stanley initiated coverage on HawkEye 360 in a research report on Monday, June 1st. They set an “overweight” rating and a $41.00 target price on the stock. UBS Group set a $42.00 price target on HawkEye 360 in a research report on Monday, June 1st. Royal Bank Of Canada cut their target price on HawkEye 360 from $40.00 to $33.00 and set an “outperform” rating on the stock in a research note on Tuesday, June 23rd. Finally, Robert W. Baird began coverage on shares of HawkEye 360 in a report on Monday, June 1st. They issued an “outperform” rating and a $41.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $36.56.

HawkEye 360 Trading Down 0.3%

Shares of HAWK traded down $0.07 during midday trading on Monday, hitting $22.71. The stock had a trading volume of 213,113 shares, compared to its average volume of 1,132,630. HawkEye 360 has a 1 year low of $17.02 and a 1 year high of $35.73. The company’s 50 day moving average is $21.77. The stock has a market capitalization of $2.22 billion, a price-to-earnings ratio of -11.46 and a beta of 0.72.

HawkEye 360 (NYSE:HAWK) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($0.07) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.06. The business had revenue of $49.81 million for the quarter.

About HawkEye 360

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.