
BlackSky Technology (BKSY) Stock Forecast & Price Target
BlackSky Technology (BKSY) Analyst Ratings
Bulls say
BlackSky Technology Inc. has demonstrated a positive revenue trend on a normalized basis, indicating modest year-over-year growth, and is strategically positioned to unlock new revenue opportunities with the upcoming launch of additional Gen-3 satellites in 2025. The company has secured over $150.0 million in recent contract wins, underscoring a strong consumer demand fueled by geopolitical instability, which bodes well for future revenue visibility. Additionally, an impressive gross margin of 77.4%, significantly higher than estimates, alongside a favorable adjusted EBITDA of $7.4 million, suggests an increasing profitability profile that mirrors characteristics seen in high-quality SaaS companies.
Bears say
BlackSky Technology, Inc. reported 4Q24 revenue of $30.4 million, falling short of both the anticipated $36.3 million and the previous year's $35.5 million, indicating ongoing revenue challenges amidst tough comparisons with the prior year's one-time gains. The company's professional and engineering services revenue reached only $12.9 million, significantly below the expected $16.5 million, further highlighting difficulties in meeting financial projections. Additionally, overhead costs from LeoStella are exerting pressure on EBITDA, contributing to a negative financial outlook for BlackSky Technology as evidenced by a significant decline in share value.
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
Start investing in BlackSky Technology (BKSY)
Order type
Buy in
Order amount
Est. shares
0 shares