
BlackSky Technology (BKSY) Stock Forecast & Price Target
BlackSky Technology (BKSY) Analyst Ratings
Bulls say
BlackSky Technology Inc. is expected to experience significant revenue growth, projecting $120.0 million in 2025, which represents a 17.5% increase from 2024 levels and falls within the company's established revenue range of $105.0 million to $130.0 million. The company's business model demonstrates strong operating leverage, with an increased forward revenue multiple from 6.0x to 9.0x, supported by accelerating recurring revenue growth, improving gross margins, and a profitability profile reminiscent of high-quality SaaS firms. Additionally, the analysts believe that positive developments in the second half of 2025 will likely lead to favorable investor response and long-term share performance.
Bears say
BlackSky Technology Inc. recently experienced a significant decline of 16.2% in its stock price during trading, in contrast to a mere 0.6% decline in the Russell 2000 Index, highlighting its underperformance. This downturn was attributed to lower-than-expected second-quarter revenues of $22.2 million, compared to the Street's estimate of $27.5 million, coupled with a downward revision of full-year revenue guidance to a range of $105 million to $130 million, down from the previous $120 million to $145 million, primarily due to budget uncertainties and the volatility of contract timing. Additionally, the company's EBITDA estimate was lowered to $6.9 million from $16 million, within current breakeven guidance, which raises concerns over its financial stability and growth prospects amid ongoing government budget uncertainties.
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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