
BlackSky Technology (BKSY) Stock Forecast & Price Target
BlackSky Technology (BKSY) Analyst Ratings
Bulls say
BlackSky Technology Inc. has shown a modest year-over-year revenue increase, bolstered by a significant contract acquisition of over $150 million, indicating a rising consumer demand influenced by geopolitical factors. The company is positioned to unlock new revenue opportunities with the upcoming launch of additional Gen-3 satellites in 2025, which is expected to enhance revenue growth and organic growth prospects for 2026. Additionally, the forecasted acceleration in recurring revenue growth and improvement in profitability and gross margins suggests that BlackSky Technology may achieve a premium valuation similar to other high-quality SaaS companies.
Bears say
BlackSky Technology Inc. is facing a negative outlook primarily due to its fourth-quarter revenue of $30.4 million, which fell short of expectations and marked a decline from $35.5 million in the prior year. The company's anticipated revenue for 2025 has also been revised down to $131.0 million, while specific segments like professional and engineering services have underperformed, generating only $12.9 million against a forecast of $16.5 million. Additionally, the increased overhead costs from LeoStella, which add approximately $10 million annually to EBITDA, further exacerbate the company's financial pressures.
This aggregate rating is based on analysts' research of BlackSky Technology and is not a guaranteed prediction by Public.com or investment advice.
BlackSky Technology (BKSY) Analyst Forecast & Price Prediction
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