Latest news with #BlackSkyTechnology
Yahoo
09-08-2025
- Business
- Yahoo
BlackSky Technology Second Quarter 2025 Earnings: EPS Misses Expectations
BlackSky Technology (NYSE:BKSY) Second Quarter 2025 Results Key Financial Results Revenue: US$22.2m (down 11% from 2Q 2024). Net loss: US$41.2m (loss widened by 339% from 2Q 2024). US$1.27 loss per share (further deteriorated from US$0.52 loss in 2Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period BlackSky Technology EPS Misses Expectations Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 183%. Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Professional Services industry in the US. Performance of the American Professional Services industry. The company's shares are down 9.4% from a week ago. Risk Analysis What about risks? Every company has them, and we've spotted 3 warning signs for BlackSky Technology (of which 1 doesn't sit too well with us!) you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
24-07-2025
- Business
- Yahoo
BlackSky Technology Inc. (BKSY): A Bull Case Theory
This stock is one of several featured in our latest research. For more small-cap opportunities with asymmetric return potential, read our free article: 10 Promising SmallCap Stocks Under $1 Billion Market Cap. We came across a bullish thesis on BlackSky Technology Inc. on Hidden Market Gems's Substack. In this article, we will summarize the bulls' thesis on BKSY. BlackSky Technology Inc.'s share was trading at $25.97 as of July 16th. BlackSky Technology, a Herndon-based space intelligence firm, operates at the intersection of satellite imagery, real-time analytics, and national security. Unlike traditional satellite players, BlackSky sells not just images but tactical insight. Its Gen-3 satellite constellation captures 35cm resolution images up to 15 times daily, with AI-enhanced analytics delivered within 90 minutes. In 2024, the company reached $102.1M in revenue, up 8% YoY—its fourth consecutive year of growth—driven largely by a +82% surge in U.S. government revenue, now comprising 60% of its mix. Anchored by a $1B+ NRO contract, BlackSky is expanding its footprint among U.S. defense agencies and allied governments. Though still unprofitable, the company is progressing toward breakeven: adjusted EBITDA improved nearly 90% to -$1.26M, net loss narrowed, and operating costs rose modestly (+2.4%) despite satellite deployments. Liquidity stands at $77M, with manageable debt of $115M and a $366M backlog. BlackSky controls every aspect of its stack—from satellite to software—ensuring speed, security, and integration, key in high-stakes intelligence. Its Spectra platform autonomously processes over a million daily observations, flagging anomalies without human prompt. Strategically, BlackSky is positioned for a GEOINT market expected to grow to $209B by 2030. It thrives in 'gray zone' conflicts and benefits from rising geopolitical distrust of Chinese and Russian tech. Civilian demand for Earth intelligence is also accelerating across ESG, climate, and logistics applications. With differentiated infrastructure, a sticky government client base, and growing automation, BlackSky offers an emerging defense-tech story with multiple structural tailwinds and the potential to evolve into a sovereign, AI-native geospatial leader. Previously we covered a bullish thesis on BlackSky Technology Inc. (BKSY) by KevinLMak in December 2024, which highlighted the company's operational leverage, strong U.S. government ties, and Gen3 satellite potential. The stock has appreciated ~119% since. This is because Gen3 execution and government contracts played out. Hidden Market Gems shares a similar view but emphasizes real-time intelligence and EBITDA stabilization. BlackSky Technology Inc. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 9 hedge fund portfolios held BKSY at the end of the first quarter which was 10 in the previous quarter. While we acknowledge the potential of BKSY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-07-2025
- Business
- Yahoo
Why AST SpaceMobile Stock Is Sinking Today
Key Points AST SpaceMobile opened Tuesday's trading with big sell-offs, but it has seen a significant recovery as the day has progressed. The satellite communications company's share price fell in response to Lockheed's Q2 report and analyst coverage on BlackSky Technology. AST's share price has bounced back from early sell-offs following news about the U.S.'s "Golden Dome" missile defense system. 10 stocks we like better than AST SpaceMobile › AST SpaceMobile (NASDAQ: ASTS) stock is losing ground in Tuesday's trading, although it has also seen a big recovery from its low in the session. The company's share price was down 1.9% as of 2 p.m. ET but had been down as much as 9.6% earlier in the day. The broader market saw strong bearish momentum early in today's session, with sell-offs concentrated in the tech sector, but the pullback has moderated as the day has progressed. In addition to valuation pressures impacting growth-dependent tech stocks, AST stock appears to have been negatively impacted by Lockheed Martin's disappointing earnings report and analyst coverage on fellow space industry player BlackSky Technology. Lockheed's Q2 results are weighing on AST stock Lockheed Martin published its second-quarter results before the market opened this morning, and the market has had a strong bearish reaction to the numbers. While the aerospace and defense giant's non-GAAP (adjusted) earnings per share of $7.29 beat the average analyst estimate by $0.82 per share, sales of $18.16 billion in the period missed Wall Street's forecast by $380 million. Gains for the company's space segment helped push overall sales up 0.2% year over year, but the results weren't as strong as anticipated -- and that appears to have had spillover effects for AST's valuation. What's next for AST? In addition to Lockheed's Q2 results, new coverage on BlackSky Technology also seems to be playing a role in valuation stumbles for otherwise high-flying space stocks. Clear Street lowered its rating on the stock from buy to hold this morning, and Canaccord lowered its one-year price target from $28 per share to $27 per share despite keeping a buy rating on the stock. The coverage appears to have raised concerns about valuations across the broader space industry, but some emerging news late in the day helped drive some valuation recovery for AST. According to a report from Reuters today, the Trump administration is ramping up efforts to find partners for the country's "Golden Dome" missile-defense system other than CEO Elon Musk's SpaceX. AST is already rumored to be a tech partner for the Golden Dome project, and it's possible that forthcoming news about the defense initiative could spur substantial gains for the stock. Should you buy stock in AST SpaceMobile right now? Before you buy stock in AST SpaceMobile, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and AST SpaceMobile wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $665,092!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,050,477!* Now, it's worth noting Stock Advisor's total average return is 1,055% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool recommends Lockheed Martin. The Motley Fool has a disclosure policy. Why AST SpaceMobile Stock Is Sinking Today was originally published by The Motley Fool Error al recuperar los datos Inicia sesión para acceder a tu cartera de valores Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos Error al recuperar los datos
Business Insider
22-07-2025
- Business
- Business Insider
BlackSky Technology (BKSY) Receives a Buy from Canaccord Genuity
In a report released today, Austin Moeller from Canaccord Genuity maintained a Buy rating on BlackSky Technology, with a price target of $27.00. The company's shares closed today at $22.33. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Moeller covers the Industrials sector, focusing on stocks such as Archer Aviation, Joby Aviation, and Vertical Aerospace. According to TipRanks, Moeller has an average return of 19.0% and a 48.61% success rate on recommended stocks. In addition to Canaccord Genuity, BlackSky Technology also received a Buy from H.C. Wainwright's Scott Buck in a report issued today. However, on July 19, TR | OpenAI – 4o reiterated a Hold rating on BlackSky Technology (NYSE: BKSY).
Yahoo
18-07-2025
- Business
- Yahoo
Why BlackSky Technology Stock Just Crashed
Key Points BlackSky got a big price target hike from a Wall Street analyst two weeks ago, sending its share price soaring. Today, the company cashed in on that windfall, offering to issue up to $185 million in convertible debt. Investors don't like the news, but the new debt looks cheaper than the old. 10 stocks we like better than BlackSky Technology › Timing, they say, is everything. Ten days ago, spy satellite company BlackSky Technology (NYSE: BKSY) rocketed higher on some kind words from H.C. Wainwright analyst Scott Buck, who predicted the stock -- worth less than $22 at the time -- would hit $28 within a year. The prediction became self-fulfilling as investors glommed onto BlackSky and bid its shares up to (and as of yesterday, past) $28. Then today happened. What happened to BlackSky today? Today, BlackSky stock is crashing, down 20% through 12:40 p.m. ET, and for one reason: Hoping to cash in on its good fortune, BlackSky announced yesterday it would issue $125 million worth of convertible debt, and potentially as much as $143.8 million if there was enough demand. BlackSky will use $113.3 million of the cash raised to roll over old debt, and use the rest for "general corporate purposes." Demand for the debt offering was strong, and today BlackSky upped the offering size to $160 million, and potentially $185 million. Is BlackSky a sell? Investors aren't thrilled with the news, maybe because BlackSky will be paying 8.25% interest on the new debt, maybe because they fear share dilution when the debt converts into stock. But I think they may be missing something here. First, by my calculations, BlackSky was paying close to 11.5% on its old debt, so the new interest rate is actually better than the old. Second, BlackSky's new debt won't convert to equity until the share price rises to nearly $37 a share. The stock would need to climb another 60% for that to happen, and I imagine most investors would be happy if that happened. All things considered, today's sell-off looks like an overreaction. And BlackSky's news sounds pretty good to me. Do the experts think BlackSky Technology is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did BlackSky Technology make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,069% vs. just 180% for the S&P — that is beating the market by 888.61%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $687,149!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,060,406!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why BlackSky Technology Stock Just Crashed was originally published by The Motley Fool Sign in to access your portfolio
