HawkEye 360 (NYSE:HAWK) Raised to “Strong-Buy” at Berenberg Bank

HawkEye 360 (NYSE:HAWK) was upgraded by analysts at Berenberg Bank to a “strong-buy” rating in a research note issued to investors on Wednesday, Zacks reports.

HAWK has been the topic of a number of other research reports. Robert W. Baird assumed coverage on shares of HawkEye 360 in a research report on Monday, June 1st. They issued an “outperform” rating and a $41.00 price objective on the stock. Bank of America started coverage on shares of HawkEye 360 in a research note on Monday, June 1st. They issued a “neutral” rating and a $34.00 price target for the company. UBS Group set a $42.00 target price on shares of HawkEye 360 in a report on Monday, June 1st. Wall Street Zen raised shares of HawkEye 360 from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Finally, William Blair started coverage on HawkEye 360 in a research note on Monday, June 1st. They issued an “outperform” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, HawkEye 360 has an average rating of “Moderate Buy” and a consensus price target of $35.30.

HawkEye 360 Stock Down 2.2%

Shares of HawkEye 360 stock opened at $17.27 on Wednesday. The stock’s 50-day moving average price is $20.88. HawkEye 360 has a 12-month low of $17.02 and a 12-month high of $35.73.

HawkEye 360 (NYSE:HAWK) last released its earnings results 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. As a group, equities research analysts forecast that HawkEye 360 will post -0.01 EPS for the current fiscal year.

Institutional Investors Weigh In On HawkEye 360

An institutional investor recently bought a new position in HawkEye 360 stock. Readystate Asset Management LP purchased a new stake in HawkEye 360, Inc. (NYSE:HAWK) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 22,500 shares of the company’s stock, valued at approximately $455,000.

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.