HawkEye 360 (NYSE:HAWK) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of HawkEye 360 (NYSE:HAWK) from a sell rating to a hold rating in a research report report published on Saturday morning.

HAWK has been the subject of several other research reports. Jefferies Financial Group raised HawkEye 360 from a “hold” rating to a “buy” rating and set a $34.00 price target for the company in a report on Monday, June 15th. William Blair started coverage on HawkEye 360 in a research note on Monday, June 1st. They set an “outperform” rating on the stock. Royal Bank Of Canada cut their target price on HawkEye 360 from $40.00 to $33.00 and set an “outperform” rating for the company in a research note on Tuesday, June 23rd. Robert W. Baird began coverage on HawkEye 360 in a report on Monday, June 1st. They set an “outperform” rating and a $41.00 price target on the stock. Finally, The Goldman Sachs Group initiated coverage on shares of HawkEye 360 in a research report on Monday, June 1st. They set a “buy” rating and a $42.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $36.56.

HawkEye 360 Stock Up 2.3%

HAWK opened at $23.31 on Friday. HawkEye 360 has a twelve month low of $17.02 and a twelve month high of $35.73. The firm has a market capitalization of $2.28 billion, a price-to-earnings ratio of -11.46 and a beta of 0.72. The stock’s 50-day simple moving average is $21.71.

HawkEye 360 (NYSE:HAWK) last released its quarterly earnings data on Thursday, August 13th. The company reported ($0.07) EPS for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.06. The business had revenue of $49.81 million during the quarter.

HawkEye 360 Company Profile

HawkEye 360 is a U.S.-based geospatial intelligence company that operates a commercial satellite constellation and analytics platform focused on radio frequency (RF) data. The company collects and geolocates RF emissions from space using clusters of small satellites, turning raw signal detections into actionable datasets and insights. Its technology is designed to reveal signal sources and patterns that are difficult or impossible to observe with conventional remote sensing systems.

HawkEye 360 offers subscription access to geospatial RF datasets, on-demand tasking, and analytic services delivered through cloud-based tools and APIs.