While BlackSky Technology Inc has underperformed by -2.72%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BKSY rose by 33.76%, with highs and lows ranging from $21.92 to $3.86, whereas the simple moving average jumped by 16.49% in the last 200 days.
On April 10, 2025, Canaccord Genuity started tracking BlackSky Technology Inc (NYSE: BKSY) recommending Buy. A report published by Craig Hallum on October 04, 2024, Upgraded its rating to ‘Buy’ for BKSY. Oppenheimer also rated BKSY shares as ‘Outperform’, setting a target price of $10 on the company’s shares in an initiating report dated October 02, 2024. H.C. Wainwright Initiated an Buy rating on April 03, 2024, and assigned a price target of $2.50. Craig Hallum initiated its ‘Buy’ rating for BKSY, as published in its report on July 06, 2023. Deutsche Bank’s report from November 07, 2022 suggests a price prediction of $3 for BKSY shares, giving the stock a ‘Buy’ rating. Credit Suisse also rated the stock as ‘Outperform’.
Analysis of BlackSky Technology Inc (BKSY)
Further, the quarter-over-quarter increase in sales is 21.90%, showing a positive trend in the upcoming months.
To gain a thorough understanding of BlackSky Technology Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of -63.35% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 3.79, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and BKSY is recording an average volume of 942.18K. On a monthly basis, the volatility of the stock is set at 3.86%, whereas on a weekly basis, it is put at 1.57%, with a loss of -5.61% over the past seven days. Furthermore, long-term investors anticipate a median target price of $17.78, showing growth from the present price of $11.45, which can serve as yet another indication of whether BKSY is worth investing in or should be passed over.
How Do You Analyze BlackSky Technology Inc Shares?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 19.03%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 46.49% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
BKSY shares are owned by institutional investors to the tune of 46.49% at present.
