BlackSky Technology Inc. (BKSY)Industrials | Specialty Business Services | Herndon, United States | NYSE
18.45 USD
+0.80
(4.533%)
⇧
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 11:39 a.m. EDT
The investment case here is defined by a stark disconnect between the company's operational reality and its recent price performance. Fundamentally, the business is deteriorating: it is burning cash with negative free cash flow, posting losses, and showing negative returns on equity and assets. While revenue growth is technically positive at 50%, the market has punished the stock heavily over the last five years, wiping out roughly two-thirds of its value despite this top-line expansion. This suggests the market views the growth as insufficient to offset the massive burn rate and execution risks. The recent price action, which saw the stock nearly quadruple in the last fiscal year, appears to be a speculative re-rating based on potential defense contract wins rather than realized profitability. However, the technical setup is precarious; the stock is trading well below its 50-day and 200-day moving averages, indicating that the broader market remains skeptical of the sustainability of this rally. The heavy short interest (over 17%) and the aggressive put writing by options traders highlight a fear that this rally is a 'blow-off top' or a trap for late buyers. There is no dividend income to cushion the blow, and the balance sheet is fragile with debt nearly matching cash reserves. While the long-term vision for satellite data is compelling, the current financials do not support a 'buy and hold' thesis. The risk of a multi-year decline returning is high if the company cannot turn the corner to profitability soon. For now, the prudent stance is to wait for clearer signs of sustainable earnings before adding to positions. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.333163 |
| AutoARIMA | 0.333170 |
| MSTL | 0.340467 |
| AutoTheta | 0.374191 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 32% |
| H-stat | 3.33 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.065 |
| Excess Kurtosis | 0.40 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Debt to Equity Ratio | 104.632 |
| Revenue per Share | 2.992 |
| Market Cap | 755,063,488 |
| Forward P/E | -51.25 |
| Beta | 2.70 |
| Profit Margins | -61.24% |
| Previous Name | Osprey Technology Acquisition Corp. |
| Website | https://blacksky.com |
As of Oct. 10, 2026, 11:39 a.m. EDT: Speculators are positioning aggressively for downside protection, evidenced by massive open interest in out-of-the-money puts expiring in January 2027 (strikes at $15 and $17.50) and significant volume in deep OTM puts for 2028. Conversely, call activity is concentrated in moderate OTM strikes ($30-$40 range) for 2027, suggesting a speculative bet on a recovery to $30+ rather than a conviction trade for immediate explosive gains. Implied volatility is elevated across the board, reflecting uncertainty about whether the recent price surge can sustain against the backdrop of negative earnings.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.24447173 |
| Address1 | 2,411 Dulles Corner Park |
| Address2 | Suite 300 |
| All Time High | 139.76 |
| All Time Low | 3.86 |
| Ask | 18.49 |
| Ask Size | 500 |
| Audit Risk | 3 |
| Average Analyst Rating | 1.3 - Strong Buy |
| Average Daily Volume10 Day | 1,072,480 |
| Average Daily Volume3 Month | 982,079 |
| Average Volume | 982,079 |
| Average Volume10Days | 1,072,480 |
| Beta | 2.7 |
| Bid | 17.77 |
| Bid Size | 300 |
| Board Risk | 8 |
| Book Value | 5.207 |
| City | Herndon |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 10 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 18.45 |
| Current Ratio | 5.835 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 18.51 |
| Day Low | 16.82 |
| Debt To Equity | 104.632 |
| Display Name | BlackSky |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,786,019,400 |
| Earnings Call Timestamp Start | 1,786,019,400 |
| Earnings Timestamp | 1,786,019,400 |
| Earnings Timestamp End | 1,793,881,800 |
| Earnings Timestamp Start | 1,793,881,800 |
| Ebitda | -16,745,000 |
| Ebitda Margins | -0.15373 |
| Enterprise To Ebitda | -44.325 |
| Enterprise To Revenue | 6.814 |
| Enterprise Value | 742,214,400 |
| Eps Current Year | -1.095 |
| Eps Forward | -0.36 |
| Eps Trailing Twelve Months | -1.77 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 23.6754 |
| Fifty Day Average Change | -5.225399 |
| Fifty Day Average Change Percent | -0.22071007 |
| Fifty Two Week Change Percent | -24.447172 |
| Fifty Two Week High | 52.88 |
| Fifty Two Week High Change | -34.43 |
| Fifty Two Week High Change Percent | -0.6510968 |
| Fifty Two Week Low | 12.41 |
| Fifty Two Week Low Change | 6.040001 |
| Fifty Two Week Low Change Percent | 0.48670435 |
| Fifty Two Week Range | 12.41 - 52.88 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,576,852,200,000 |
| Float Shares | 35,303,000 |
| Forward Eps | -0.36 |
| Forward P E | -51.25 |
| Free Cashflow | -71,450,872 |
| Full Exchange Name | NYSE |
| Full Time Employees | 321 |
| Fullday Change | 0.021598816 |
| Fullday Change Percent | 0.11706675 |
| Fullday Price | 18.4716 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.69852996 |
| Gross Profits | 76,085,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.08053 |
| Held Percent Institutions | 0.80116 |
| Implied Shares Outstanding | 40,924,846 |
| Industry | Specialty Business Services |
| Industry Disp | Specialty Business Services |
| Industry Key | specialty-business-services |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,725,840,000 |
| Last Split Factor | 1:8 |
| Long Business Summary | BlackSky Technology Inc. operates as a space-based technology company in the United States and internationally. The company offers space-based intelligence and artificial intelligence (AI) services, mission solutions, and advanced technology programs consisting of cloud computing and hosting services, direct materials to build and test specific components, and internal labor for service solutions that enhance customer adoption and operational integration of the company's technology. It also provides BlackSky Spectra, an AI-enabled software platform that processes a range of observations by integrating data from the company's proprietary satellite constellation and from other third-party sensors, such as synthetic aperture radar and radio frequency satellites, GPS-enabled terrestrial data sources, and Internet of Things-connected devices. In addition, the company offers a range of services related to object, change and anomaly detection, site monitoring, and enhanced analytics, which help detect key pattern of life changes in critical locations, including ports, airports, and construction sites; retail activity; commodities stockpiles; and other sites that contain critical commodities and supply chain inventory. Further, it develops and delivers customized advanced satellites and payload systems. The company's products and services are used in national security, supply chain resilience, economic intelligence, and other critical decision-making requirements. It serves the United States federal government and its agencies; international governments, agencies, and organizations; and the commercial and industrial infrastructure markets, including energy and utilities, insurance, commodities, mining, manufacturing, logistics, supply chain management, agriculture, environmental monitoring, disaster and risk management, engineering and construction, retail, and consumer behavior. BlackSky Technology Inc. was founded in 2014 and is headquartered in Herndon, Virginia. |
| Long Name | BlackSky Technology Inc. |
| Market | us_market |
| Market Cap | 755,063,488 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_336308405 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-10-16 |
| Net Income To Common | -66,705,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 910,577,823 |
| Number Of Analyst Opinions | 8 |
| Open | 17.17 |
| Operating Cashflow | -54,157,000 |
| Operating Margins | -0.23358 |
| Overall Risk | 10 |
| Phone | 703 935 1930 |
| Pre Market Change | 0.011600494 |
| Pre Market Change Percent | 0.06284125 |
| Pre Market Price | 18.4716 |
| Pre Market Time | 1,792,153,740 |
| Prev Name | Osprey Technology Acquisition Corp. |
| Previous Close | 17.65 |
| Price Eps Current Year | -16.849316 |
| Price Hint | 2 |
| Price To Book | 3.5433073 |
| Price To Sales Trailing12 Months | 6.9321485 |
| Profit Margins | -0.61241 |
| Quick Ratio | 5.428 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.33333 |
| Region | US |
| Regular Market Change | 0.800001 |
| Regular Market Change Percent | 4.53258 |
| Regular Market Day High | 18.51 |
| Regular Market Day Low | 16.82 |
| Regular Market Day Range | 16.82 - 18.51 |
| Regular Market Open | 17.17 |
| Regular Market Previous Close | 17.65 |
| Regular Market Price | 18.45 |
| Regular Market Time | 1,792,094,403 |
| Regular Market Volume | 1,089,882 |
| Return On Assets | -0.07533 |
| Return On Equity | -0.44755 |
| Revenue Growth | 0.501 |
| Revenue Per Share | 2.992 |
| Sand P52 Week Change | 0.16207206 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 40,924,846 |
| Shares Percent Shares Out | 0.1665 |
| Shares Short | 6,812,699 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 6,876,649 |
| Short Name | BlackSky Technology Inc. |
| Short Percent Of Float | 0.1721 |
| Short Ratio | 7.18 |
| Source Interval | 15 |
| State | VA |
| Symbol | BKSY |
| Target High Price | 50.0 |
| Target Low Price | 33.0 |
| Target Mean Price | 38.42375 |
| Target Median Price | 36.0 |
| Total Cash | 234,180,000 |
| Total Cash Per Share | 5.722 |
| Total Debt | 221,331,008 |
| Total Revenue | 108,922,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -1.77 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 27.60945 |
| Two Hundred Day Average Change | -9.159449 |
| Two Hundred Day Average Change Percent | -0.3317505 |
| Type Disp | Equity |
| Volume | 1,089,882 |
| Website | https://blacksky.com |
| Zip | 20,171 |