
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 indicating a rise to $120 million in 2025, representing a 17.5% increase from 2024 levels. The company's optimized business model benefits from strong operating leverage and accelerating recurring revenue growth, which contribute to a favorable gross margin and profitability profile similar to high-quality SaaS companies. As customer adoption of Gen-3 capabilities and advancements in the AROS program gain traction, the positive momentum is expected to drive stock performance and investor interest over the next 12 months.
Bears say
BlackSky Technology Inc. experienced a notable decline of 16.2% in trading, significantly underperforming relative to the Russell 2000, primarily due to lower-than-expected second-quarter revenue of $22.2 million, which fell short of the analyst consensus of $27.5 million. Additionally, the company's full-year revenue forecast was reduced to a range of $105.0 million to $130.0 million, down from the previously expected range of $120.0 million to $145.0 million, largely attributed to anticipated government budget uncertainties and contract timing volatility. Furthermore, the EBITDA estimate was revised downward to $6.9 million from $16.0 million, suggesting challenges in achieving key financial metrics amid ongoing economic headwinds.
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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