
BlackSky Technology (BKSY) Stock Forecast & Price Target
BlackSky Technology (BKSY) Analyst Ratings
Bulls say
BlackSky Technology Inc. is positioned for significant revenue growth, with projections estimating 2025 revenue at $120 million, representing a 17.5% increase from 2024, driven by customer adoption of Gen-3 capabilities and the expansion of the AROS program. The company's business model demonstrates strong operating leverage, leading to an increased forward revenue multiple from 6.0x to 9.0x, reflecting the anticipated acceleration in recurring revenue growth alongside an improving gross margin and profitability profile akin to high-quality SaaS companies. Additionally, the favorable long-term outlook, bolstered by positive news flow and stronger operating results expected in the latter half of 2025, is likely to enhance investor sentiment and result in a positive share performance.
Bears say
BlackSky Technology Inc. experienced a significant decline of 16.2% in trading, markedly underperforming against a mere 0.6% decline in the Russell 2000, primarily due to lower than anticipated second-quarter revenue of $22.2 million compared to the expected $27.5 million. Additionally, the company's full-year revenue forecast was reduced from a range of $120 million to $145 million down to $105 million to $130 million, influenced by ongoing budget uncertainties and volatility related to contract timing. The EBITDA estimate was also revised downward to $6.9 million from a prior expectation of $16 million, indicating a challenging financial outlook amid anticipated near-term headwinds related to government budgeting.
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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