Q4 EPS Estimates for BlackSky Technology Decreased by Sidoti

BlackSky Technology Inc. (NYSE:BKSY) – Equities research analysts at Sidoti dropped their Q4 2026 earnings per share (EPS) estimates for shares of BlackSky Technology in a research report issued on Friday, August 7th. Sidoti analyst G. Burns now expects 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 ($1.32) per share. Sidoti also issued estimates for BlackSky Technology’s FY2028 earnings at $0.40 EPS.

A number of other research firms also recently commented on BKSY. Wall Street Zen downgraded shares of BlackSky Technology from a “hold” rating to a “strong sell” rating in a research report on Saturday, May 16th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BlackSky Technology in a research report on Friday, July 17th. Finally, Jefferies Financial Group upgraded shares of BlackSky Technology to a “hold” rating in a research note on Wednesday, June 10th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $39.33.

BlackSky Technology Stock Down 1.4%

NYSE:BKSY opened at $28.76 on Monday. The company has a debt-to-equity ratio of 2.39, a current ratio of 3.46 and a quick ratio of 3.34. BlackSky Technology has a 1-year low of $12.41 and a 1-year high of $52.88. The company has a 50-day moving average of $27.43 and a 200 day moving average of $29.33. The firm has a market cap of $1.18 billion, a PE ratio of -15.80 and a beta of 2.61.

BlackSky Technology (NYSE:BKSY) last announced its quarterly 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 analysts’ expectations of $30.72 million. BlackSky Technology had a negative net margin of 61.24% and a negative return on equity of 68.90%.

Institutional Investors Weigh In On BlackSky Technology

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Tema ETFs LLC boosted its holdings in BlackSky Technology by 110,505.8% in the second quarter. Tema ETFs LLC now owns 1,446,724 shares of the company’s stock worth $40,393,000 after acquiring an additional 1,445,416 shares in the last quarter. FNY Investment Advisers LLC increased its holdings in shares of BlackSky Technology by 323.0% during the second quarter. FNY Investment Advisers LLC now owns 21,891 shares of the company’s stock valued at $611,000 after acquiring an additional 16,716 shares in 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 purchased a new position in shares of BlackSky Technology in the 1st quarter valued at approximately $217,000. Finally, Quantinno Capital Management LP purchased a new position in shares of BlackSky Technology in the 1st quarter valued at approximately $343,000. 27.15% of the stock is currently owned by hedge funds and other institutional investors.

About BlackSky Technology

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.