why BlackSky Technology Inc [BKSY] is a Good Choice for Investors After New Price Target of $18.44

NFLX Stock

BlackSky Technology Inc [NYSE: BKSY] jumped around 1139982.72 points on Thursday, while shares priced at $1140000.0 at the close of the session, up 18.52%.

BlackSky Technology Inc stock is now 139.25% up from its year-to-date (YTD) trading value. BKSY Stock saw the intraday high of $20.95 and lowest of $18.05 per share. The company’s 52-week high price is 21.92, which means current price is +233.01% above from all time high which was touched on 02/19/25.

Compared to the average trading volume of 1.14M shares, BKSY reached a trading volume of 3871665 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about BlackSky Technology Inc [BKSY]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BKSY shares is $18.44 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BKSY stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Canaccord Genuity have made an estimate for BlackSky Technology Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 10, 2025. The new note on the price target was released on October 04, 2024, representing the official price target for BlackSky Technology Inc stock. Previously, the target price had yet another raise to $10, while Oppenheimer analysts kept a Outperform rating on BKSY stock.

The Price to Book ratio for the last quarter was 7.23, with the Price to Cash per share for the same quarter was set at 2.43.

How has BKSY stock performed recently?

BlackSky Technology Inc [BKSY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 61.13. With this latest performance, BKSY shares gained by 74.60% in over the last four-week period, additionally plugging by 91.94% over the last 6 months – not to mention a rise of 89.81% in the past year of trading.

BlackSky Technology Inc [BKSY]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and BlackSky Technology Inc [BKSY] shares currently have an operating margin of -40.06% and a Gross Margin at 32.41%. BlackSky Technology Inc’s Net Margin is presently recorded at -50.30%.

Return on Equity for this stock declined to -21.83%, with Return on Assets sitting at -21.83%.

Earnings analysis for BlackSky Technology Inc [BKSY]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BKSY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for BlackSky Technology Inc go to 61.34%.

Insider trade positions for BlackSky Technology Inc [BKSY]

There are presently around $50.14%, or 55.27% of BKSY stock, in the hands of institutional investors. The top three institutional holders of BKSY stocks are: CERCANO MANAGEMENT LLC with ownership of 9.95 million shares, which is approximately 8.5682%. BLACKROCK INC., holding 6.95 million shares of the stock with an approximate value of $$7.43 million in BKSY stocks shares; and BLACKROCK INC., currently with $$5.58 million in BKSY stock with ownership which is approximately 4.4931%.

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