HawkEye 360, Inc. (NYSE:HAWK) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

HawkEye 360, Inc. (NYSE:HAWK) has earned a consensus recommendation of “Moderate Buy” from the nine ratings firms that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $38.3750.

HAWK has been the subject of several research analyst reports. Morgan Stanley initiated coverage on shares of 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 reduced their price objective on shares of HawkEye 360 from $40.00 to $33.00 and set an “outperform” rating for the company in a research note on Tuesday. UBS Group set a $42.00 price objective on shares of HawkEye 360 in a research note on Monday, June 1st. William Blair began coverage on shares of HawkEye 360 in a research note on Monday, June 1st. They issued an “outperform” rating for the company. Finally, Bank of America began coverage on shares of HawkEye 360 in a research note on Monday, June 1st. They issued a “neutral” rating and a $34.00 price objective for the company.

Insider Buying and Selling

In other HawkEye 360 news, Director Francis Alphonse Finelli acquired 9,615 shares of HawkEye 360 stock in a transaction that occurred on Friday, May 8th. The stock was bought at an average price of $26.00 per share, with a total value of $249,990.00. Following the completion of the purchase, the director directly owned 9,615 shares of the company’s stock, valued at approximately $249,990. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.80% of the stock is owned by company insiders.

HawkEye 360 Stock Down 5.7%

Shares of HAWK stock opened at $19.67 on Friday. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of -11.46 and a beta of 0.72. HawkEye 360 has a 52-week low of $19.60 and a 52-week high of $35.73.

HawkEye 360 (NYSE:HAWK) last issued its quarterly earnings data on Monday, June 22nd. The company reported ($0.45) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.40). The firm had revenue of $49.80 million during the quarter, compared to analysts’ expectations of $48.26 million.

About HawkEye 360

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.