BlackSky Technology (NYSE:BKSY) Stock Price Down 9.5% – Should You Sell?

BlackSky Technology Inc. (NYSE:BKSY) was down 9.5% during trading on Friday . The company traded as low as $18.07 and last traded at $18.0850. Approximately 454,386 shares changed hands during trading, a decline of 69% from the average daily volume of 1,471,251 shares. The stock had previously closed at $19.99.

Trending Headlines about BlackSky Technology

Here are the key news stories impacting BlackSky Technology this week:

• Positive Sentiment: HC Wainwright reaffirmed a “buy” and set a $42 price target (implying large upside from current levels), offering analyst support that could attract buyers. HC Wainwright Reaffirms Buy
• Positive Sentiment: Management highlighted a strong finish to FY25 and progress on Gen‑3 capabilities during the earnings call — signals of product/tech momentum that support longer‑term revenue potential. Q4 2025 Earnings Call Highlights
• Neutral Sentiment: Stonegate Capital Partners updated coverage and published adjusted Q4 metrics (revenue $35.2M, adj. EBITDA $8.8M, adj. EPS ($0.02)), which present a cleaner view than GAAP numbers but don’t materially change the mixed picture. Stonegate Coverage Update
• Neutral Sentiment: Q4 results: GAAP EPS of ($0.19) beat consensus (loss of $0.25) but revenue of $35.21M missed estimates (~$37.1M). Company released slides and the call transcript for details. Press Release & Slides
• Negative Sentiment: FY2026 revenue guidance was given as $120M–$145M versus consensus ~$143.8M — the midpoint and lower bound leave room for disappointment and likely contributed to the stock pullback. Guidance & Transcript
• Negative Sentiment: Unusually high volume of put option purchases was reported, signaling short‑term bearish positioning that can amplify downside. Put Option Activity
• Negative Sentiment: Analyst/commentary pieces (e.g., Seeking Alpha) argue that while Q4 was better, shares remain expensive relative to expected near‑term earnings, keeping valuation concerns in play. Valuation Commentary

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on BKSY. Jefferies Financial Group began coverage on BlackSky Technology in a report on Monday, December 22nd. They issued a “buy” rating and a $23.00 price objective for the company. HC Wainwright reissued a “buy” rating and issued a $42.00 price target on shares of BlackSky Technology in a report on Friday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BlackSky Technology in a research note on Wednesday, January 21st. Five research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $27.60.

BlackSky Technology Stock Down 11.9%

The business’s 50 day simple moving average is $22.89 and its 200-day simple moving average is $20.68. The company has a debt-to-equity ratio of 2.08, a quick ratio of 3.89 and a current ratio of 3.89. The company has a market cap of $633.60 million, a price-to-earnings ratio of -5.61 and a beta of 2.43.

BlackSky Technology (NYSE:BKSY) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.19) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.25) by $0.06. The business had revenue of $35.21 million during the quarter, compared to analyst estimates of $37.13 million. BlackSky Technology had a negative return on equity of 54.48% and a negative net margin of 87.11%. Sell-side analysts expect that BlackSky Technology Inc. will post -2.28 earnings per share for the current year.

Institutional Investors Weigh In On BlackSky Technology

Several large investors have recently made changes to their positions in BKSY. Bank of New York Mellon Corp raised its position in BlackSky Technology by 392.8% during the fourth quarter. Bank of New York Mellon Corp now owns 2,072,543 shares of the company’s stock valued at $38,860,000 after acquiring an additional 1,652,014 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of BlackSky Technology by 7.8% during the 3rd quarter. Vanguard Group Inc. now owns 1,697,683 shares of the company’s stock worth $34,208,000 after purchasing an additional 123,171 shares during the last quarter. State Street Corp increased its stake in shares of BlackSky Technology by 63.3% during the 4th quarter. State Street Corp now owns 996,019 shares of the company’s stock worth $18,675,000 after purchasing an additional 386,207 shares during the last quarter. Daiwa Securities Group Inc. bought a new position in shares of BlackSky Technology during the 4th quarter valued at $16,395,000. Finally, Geode Capital Management LLC lifted its stake in shares of BlackSky Technology by 3.3% in the 4th quarter. Geode Capital Management LLC now owns 718,490 shares of the company’s stock valued at $13,474,000 after purchasing an additional 22,695 shares during the last quarter. Institutional investors own 27.15% of the company’s stock.

BlackSky Technology Company Profile

BlackSky Technology, Inc operates Earth observation and geospatial intelligence services through a constellation of small satellites and an analytics platform. The company collects and processes high-revisit satellite imagery, enabling near-real-time monitoring of global events and locations. Clients across government, defense and commercial sectors leverage BlackSky’s imagery and data to support decision-making in areas such as supply chain monitoring, humanitarian aid, infrastructure management and security operations.

Founded in 2014 as part of Spaceflight Industries, BlackSky has grown its satellite constellation and analytics capabilities to deliver satellite imagery with high revisit rates and rapid tasking.