What is Sidoti’s Forecast for BKSY Q1 Earnings?

BlackSky Technology Inc. (NYSE:BKSY) – Stock analysts at Sidoti issued their Q1 2028 EPS estimates for shares of BlackSky Technology in a research report issued on Friday, September 25th. Sidoti analyst G. Burns expects that the company will post earnings per share of ($0.01) for the quarter. The consensus estimate for BlackSky Technology’s current full-year earnings is ($1.09) per share. Sidoti also issued estimates for BlackSky Technology’s Q2 2028 earnings at $0.03 EPS.

Several other research analysts have also recently weighed in on the company. Clear Str raised BlackSky Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Wall Street Zen upgraded BlackSky Technology from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of BlackSky Technology in a report on Friday, July 17th. Finally, Jefferies Financial Group raised shares of BlackSky Technology to a “hold” rating in a report on Wednesday, June 10th. One investment 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. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $39.33.

BlackSky Technology Stock Performance

Shares of BKSY opened at $23.00 on Monday. The stock has a 50 day moving average of $24.20 and a 200 day moving average of $29.71. The company has a market capitalization of $941.20 million, a price-to-earnings ratio of -12.64 and a beta of 2.61. BlackSky Technology has a 12 month low of $12.41 and a 12 month high of $52.88. The company has a current ratio of 5.83, a quick ratio of 5.72 and a debt-to-equity ratio of 0.94.

BlackSky Technology (NYSE:BKSY) last posted its earnings results on Thursday, August 6th. The company reported ($0.54) EPS for the quarter, missing the consensus estimate of ($0.38) by ($0.16). The firm had revenue of $33.32 million for the quarter, compared to the consensus estimate of $30.72 million. BlackSky Technology had a negative return on equity of 51.24% and a negative net margin of 61.24%.

Insider Activity at BlackSky Technology

In related news, CEO Brian O’Toole sold 56,280 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $20.95, for a total value of $1,179,066.00. Following the transaction, the chief executive officer owned 1,063,396 shares in the company, valued at approximately $22,278,146.20. This represents a 5.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Henry Dubois sold 15,225 shares of the stock in a transaction on Friday, September 11th. The shares were sold at an average price of $20.95, for a total value of $318,963.75. Following the transaction, the chief financial officer directly owned 482,931 shares of the company’s stock, valued at approximately $10,117,404.45. This trade represents a 3.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 138,557 shares of company stock worth $2,991,269. Insiders own 5.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Sei Investments Co. boosted its position in BlackSky Technology by 125.5% during the first quarter. Sei Investments Co. now owns 65,650 shares of the company’s stock worth $1,652,000 after purchasing an additional 36,541 shares during the period. Jasper Ridge Partners L.P. bought a new stake in shares of BlackSky Technology in the second quarter valued at approximately $2,087,000. Tema ETFs LLC raised its position in shares of BlackSky Technology by 110,505.8% in the second quarter. Tema ETFs LLC now owns 1,446,724 shares of the company’s stock valued at $40,393,000 after purchasing an additional 1,445,416 shares during the period. Tidal Investments LLC purchased a new stake in shares of BlackSky Technology during the 2nd quarter valued at approximately $39,289,000. Finally, Bank of America Corp DE lifted its stake in shares of BlackSky Technology by 156.1% during the 1st quarter. Bank of America Corp DE now owns 412,891 shares of the company’s stock valued at $10,388,000 after buying an additional 251,638 shares in the last quarter. Institutional investors own 27.15% of the company’s stock.

BlackSky Technology Company Profile

BlackSky Technology Inc is a space-based intelligence and geospatial analytics company that provides timely Earth-observation data and analysis to government and commercial customers. The company operates a satellite constellation designed to collect high-resolution imagery and support persistent monitoring of locations and activities around the world.

BlackSky’s offerings include satellite imagery, automated change detection, geospatial intelligence, and artificial intelligence-powered analytics.