Sidoti Csr Forecasts Weaker Earnings for BlackSky Technology

BlackSky Technology Inc. (NYSE:BKSY) – Equities research analysts at Sidoti Csr lowered their Q1 2026 earnings per share estimates for BlackSky Technology in a report released on Wednesday, December 31st. Sidoti Csr analyst G. Burns now anticipates that the company will earn ($0.28) per share for the quarter, down from their prior estimate of ($0.25). The consensus estimate for BlackSky Technology’s current full-year earnings is ($2.28) per share. Sidoti Csr also issued estimates for BlackSky Technology’s Q2 2026 earnings at ($0.24) EPS and FY2026 earnings at ($0.82) EPS.

Several other research firms also recently commented on BKSY. Jefferies Financial Group assumed coverage on shares of BlackSky Technology in a research report on Monday, December 22nd. They set a “buy” rating and a $23.00 target price on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of BlackSky Technology in a research note on Wednesday, October 8th. Finally, HC Wainwright raised their price objective on BlackSky Technology from $28.00 to $42.00 and gave the company a “buy” rating in a research note on Friday, October 10th. Six analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $28.00.

BlackSky Technology Stock Up 10.7%

BlackSky Technology stock opened at $20.75 on Monday. The company has a current ratio of 3.89, a quick ratio of 3.89 and a debt-to-equity ratio of 2.08. BlackSky Technology has a 1-year low of $6.15 and a 1-year high of $33.20. The firm’s fifty day simple moving average is $18.09 and its 200-day simple moving average is $19.77. The company has a market capitalization of $746.72 million, a P/E ratio of -6.61 and a beta of 2.42.

BlackSky Technology (NYSE:BKSY) last posted its earnings results on Thursday, November 6th. The company reported ($0.35) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.02. BlackSky Technology had a negative net margin of 87.11% and a negative return on equity of 54.48%. The firm had revenue of $19.62 million during the quarter, compared to analysts’ expectations of $28.67 million.

Institutional Investors Weigh In On BlackSky Technology

Several hedge funds and other institutional investors have recently made changes to their positions in the business. American Century Companies Inc. acquired a new position in shares of BlackSky Technology during the 1st quarter worth about $127,000. Cubist Systematic Strategies LLC bought a new position in BlackSky Technology in the 1st quarter worth approximately $1,728,000. AQR Capital Management LLC acquired a new position in shares of BlackSky Technology during the first quarter worth approximately $103,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of BlackSky Technology by 7.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,174 shares of the company’s stock valued at $117,000 after acquiring an additional 1,015 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of BlackSky Technology by 343.7% in the first quarter. Goldman Sachs Group Inc. now owns 557,729 shares of the company’s stock valued at $4,311,000 after acquiring an additional 432,023 shares during the period. 27.15% of the stock is owned by institutional investors and hedge funds.

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.