Northland Securities Forecasts Satellogic Q3 Earnings

Satellogic Inc. (NASDAQ:SATL) – Analysts at Northland Securities increased their Q3 2026 earnings per share (EPS) estimates for shares of Satellogic in a research report issued on Thursday, May 28th. Northland Securities analyst M. Latimore now anticipates that the company will post earnings per share of ($0.02) for the quarter, up from their prior estimate of ($0.03). The consensus estimate for Satellogic’s current full-year earnings is ($0.11) per share. Northland Securities also issued estimates for Satellogic’s Q1 2027 earnings at ($0.04) EPS.

A number of other equities research analysts have also weighed in on the company. Loop Capital set a $4.50 price objective on Satellogic in a research report on Wednesday, March 11th. Citigroup reiterated an “outperform” rating on shares of Satellogic in a research report on Wednesday, May 13th. Cantor Fitzgerald lifted their price objective on Satellogic from $7.00 to $10.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Wall Street Zen upgraded Satellogic from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Freedom Capital cut Satellogic from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 6th. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $9.10.

Satellogic Price Performance

Shares of SATL stock opened at $9.51 on Monday. The firm has a market cap of $1.41 billion, a P/E ratio of -12.68 and a beta of 1.19. Satellogic has a fifty-two week low of $1.25 and a fifty-two week high of $12.00. The business’s 50 day moving average price is $7.34 and its 200-day moving average price is $4.36. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.41 and a current ratio of 2.44.

Satellogic (NASDAQ:SATL) last issued its quarterly earnings data on Tuesday, March 31st. The company reported ($0.84) earnings per share for the quarter. The business had revenue of $6.11 million during the quarter. Satellogic had a negative return on equity of 100.03% and a negative net margin of 443.06%.

Insider Activity

In other news, insider Fitzgerald L. P. Cantor sold 500,000 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $5.01, for a total value of $2,505,000.00. Following the completion of the transaction, the insider owned 12,356,500 shares in the company, valued at $61,906,065. This trade represents a 3.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Alan Kharsansky sold 87,091 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $8.35, for a total value of $727,209.85. Following the completion of the transaction, the chief technology officer owned 47,785 shares of the company’s stock, valued at approximately $399,004.75. The trade was a 64.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 10,587,091 shares of company stock worth $100,932,210 in the last quarter. 38.84% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. ProShare Advisors LLC raised its stake in Satellogic by 30.2% during the fourth quarter. ProShare Advisors LLC now owns 15,349 shares of the company’s stock valued at $29,000 after buying an additional 3,561 shares during the last quarter. Invesco Ltd. raised its stake in Satellogic by 14.0% during the fourth quarter. Invesco Ltd. now owns 46,639 shares of the company’s stock valued at $87,000 after buying an additional 5,723 shares during the last quarter. BNP Paribas Financial Markets raised its stake in Satellogic by 107.5% during the third quarter. BNP Paribas Financial Markets now owns 13,613 shares of the company’s stock valued at $45,000 after buying an additional 7,052 shares during the last quarter. Legal & General Group Plc purchased a new position in Satellogic during the second quarter valued at $27,000. Finally, LMR Partners LLP purchased a new position in Satellogic during the second quarter valued at $30,000. Hedge funds and other institutional investors own 17.58% of the company’s stock.

About Satellogic

Satellogic Inc is a NewSpace company specializing in the design, manufacture and operation of a low‐Earth‐orbit (LEO) microsatellite constellation. The company’s satellites capture high‐resolution multispectral imagery, enabling detailed monitoring of agricultural, forestry, maritime, energy and infrastructure assets. Satellogic’s vertically integrated model covers end‐to‐end capabilities, from satellite development and deployment to data processing and analytics, allowing clients to access imagery and insights on demand.

Key offerings include geospatial data products, analytics services and software tools that leverage machine learning algorithms to interpret changes on Earth’s surface.