HawkEye 360, Inc. (NYSE:HAWK) Receives $38.38 Average Target Price from Analysts

HawkEye 360, Inc. (NYSE:HAWK) has been assigned a consensus rating of “Moderate Buy” from the nine research firms that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $38.3750.

Several research analysts have recently issued reports on HAWK shares. Robert W. Baird began coverage on shares of HawkEye 360 in a research note on Monday, June 1st. They issued an “outperform” rating and a $41.00 target price on the stock. Bank of America initiated coverage on shares of HawkEye 360 in a report on Monday, June 1st. They issued a “neutral” rating and a $34.00 price objective on the stock. Royal Bank Of Canada reduced their price objective on shares of 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 shares of HawkEye 360 to a “hold” rating in a research report on Tuesday, June 2nd. Finally, The Goldman Sachs Group began coverage on HawkEye 360 in a research note on Monday, June 1st. They issued a “buy” rating and a $42.00 price target on the stock.

HawkEye 360 Stock Performance

NYSE:HAWK opened at $19.33 on Tuesday. The stock’s fifty day moving average price is $23.93. HawkEye 360 has a 52-week low of $17.02 and a 52-week high of $35.73. The firm has a market cap of $1.89 billion, a P/E ratio of -11.46 and a beta of 0.72.

HawkEye 360 (NYSE:HAWK) last posted its quarterly earnings results on Monday, June 22nd. The company reported ($0.45) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.40). The company had revenue of $49.80 million during the quarter, compared to analyst estimates of $48.26 million.

Insider Transactions at HawkEye 360

In related news, Director Francis Alphonse Finelli bought 9,615 shares of HawkEye 360 stock in a transaction on Friday, May 8th. The shares were purchased at an average price of $26.00 per share, for a total transaction of $249,990.00. Following the completion of the acquisition, the director owned 9,615 shares in the company, valued at approximately $249,990. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 3.80% of the company’s stock.

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.