Financial Performance - BlackSky Technology Inc. reported a quarterly loss of $0.66 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.61, but an improvement from a loss of $0.96 per share a year ago [1] - The company posted revenues of $22.55 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 16.26%, compared to revenues of $21.26 million in the same quarter last year [2] - Over the last four quarters, BlackSky has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Stock Performance - BlackSky Technology shares have declined approximately 32.4% since the beginning of the year, contrasting with the S&P 500's gain of 24.3% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.29 on revenues of $31.61 million, and for the current fiscal year, it is -$2.33 on revenues of $107.7 million [7] Industry Outlook - The Technology Services industry, to which BlackSky belongs, is currently ranked in the top 28% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]

BLACKSKY REPORTS THIRD QUARTER 2024 RESULTS Company Receives New Awards Valued up to $780 Million YTD Revenue Growth of 22%; Company Reaffirms Full Year 2024 Guidance First Gen-3 Satellite Completing Final Pre-Ship Testing HERNDON, VA – November 7, 2024 – BlackSky Technology Inc. ("BlackSky" or the "Company") (NYSE: BKSY) announced results for the third quarter ended September 30, 2024. Third Quarter Financial Highlights: • Revenue of $22.5 million, up 6% from the prior year quarter • Imagery & software ana ...

These emerging technology pioneers are transforming quantum computing, space intelligence, and urban mobility with market-disrupting innovations.Remember when quantum computers seemed like science fiction? When satellites belonged only to governments? When flying cars existed only in The Jetsons? Artificial intelligence (AI), quantum computing, and electric aircraft are now transforming these fantasies into reality.These technologies no longer exist solely in research labs. Major global corporations and gov ...

Shares of BlackSky Technology Inc. (BKSY) have gained 25% over the past four weeks to close the last trading session at $7.20, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $16.86 indicates a potential upside of 134.2%.The average comprises seven short-term price targets ranging from a low of $10 to a high of $32, with a standard deviation of $8.23. While the lowest estimate i ...

BlackSky Technology (BKSY) is a Zacks Rank #1 (Strong Buy) that has a D for Value and an A for Growth.  The company is a provider of real time geospatial intelligence and global monitoring services. Let’s explore more about this company in this Bull of The Day article.DescriptionBlackSky Technology, Inc. is a space-based intelligence company, which engages in the business of delivering real-time imagery, analytics, and high-frequency monitoring of most critical and strategic locations, economic assets, and ...

BlackSky Technology Inc. (BKSY) shares soared 6.1% in the last trading session to close at $6.49. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 50.7% gain over the past four weeks. The stock is benefiting from rising demand for the company's imagery and analytic services as customers use high-frequency and low-latency BlackSky data in their daily operations. This company is expected to post quarterly loss of $0.61 per share in ...

Shares of BlackSky Technology Inc. (BKSY) have gained 7.2% over the past four weeks to close the last trading session at $6.11, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $16.86 indicates a potential upside of 175.9%.The mean estimate comprises seven short-term price targets with a standard deviation of $8.23. While the lowest estimate of $10 indicates a 63.7% increase from ...

BlackSky Technology Inc. (BKSY) shares soared 8.8% in the last trading session to close at $5.43. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 29.4% loss over the past four weeks. The stock is benefiting from the rising demand for differentiated space-based intelligence solutions from new and existing government customers across the globe. This company is expected to post quarterly loss of $0.61 per share in its upcoming repor ...

Dallas, Texas--(Newsfile Corp. - August 9, 2024) - BlackSky Technology, Inc. (NYSE: BKSY): Stonegate Capital Partners updates their coverage on BlackSky Technology, Inc. (NYSE: BKSY). To view the full announcement, including downloadable images, bios, and more, click here. Key Takeaways: Revenue increased 29% year over year Awarded a $7.0M new contract Gen 3 satellites on track to begin launching in 4Q24 Click image above to view full announcement. About Stonegate Stonegate Capital Partners is a leading cap ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 10-Q ___________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-39113 _________________________________ ...