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

HawkEye 360 (NYSE:HAWK) had its price target lowered by Jefferies Financial Group from $34.00 to $31.00 in a report issued on Monday,Benzinga reports. The firm currently has a buy rating on the stock.

Other analysts also recently issued research reports about the company. Morgan Stanley assumed coverage on HawkEye 360 in a research note on Monday, June 1st. They set an “overweight” rating and a $41.00 price target for the company. Royal Bank Of Canada cut their price objective 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. Zacks Research upgraded HawkEye 360 to a “hold” rating in a report on Tuesday, June 2nd. UBS Group set a $42.00 target price on HawkEye 360 in a research report on Monday, June 1st. Finally, Wall Street Zen upgraded HawkEye 360 from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, HawkEye 360 currently has a consensus rating of “Moderate Buy” and an average target price of $36.56.

HawkEye 360 Stock Down 0.3%

HawkEye 360 stock opened at $21.82 on Monday. HawkEye 360 has a 1-year low of $17.02 and a 1-year high of $35.73. The firm’s fifty day simple moving average is $21.62. The company has a market cap of $2.14 billion, a P/E ratio of -11.46 and a beta of 0.72.

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

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.