BlackSky Stock Analyst Ratings and Target Prices: What You Really Need to Know
Wondering how analysts rate BlackSky Technology Inc. (NYSE: BKSY), and what price targets they’re setting? This article cuts through the noise and gives you a grounded look at analyst opinions, consensus recommendations, and how these targets are decided. I’ll walk you through the actual steps I use to check this data, share some real-life hiccups, and bring in expert views and regulatory context. Plus, I’ll throw in a comparison table on “verified trade” standards to show how analysis and validation can differ across borders—because solid data matters whether you’re trading stocks or crossing customs.
How to Find Analyst Ratings for BlackSky (BKSY): Step-by-Step (With Screenshots)
I remember the first time I tried to check analyst ratings for a small-cap stock like BlackSky—it wasn’t as obvious as with the big tech names. Here’s how I go about it now, and where things can trip you up.
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Start with Yahoo Finance: Go to Yahoo Finance BKSY Analysis. Most people know Yahoo for stock prices, but their “Analysis” tab has a summary of analyst opinions, including mean target price, current recommendations (Buy, Hold, Sell), and earnings estimates.
I once typed “Black Sky” instead of “BlackSky” and landed on the wrong company—so double-check you’re looking at NYSE: BKSY. -
Check Nasdaq and MarketBeat for More Detail: Sites like Nasdaq Analyst Research and MarketBeat BKSY Price Target often summarize how many analysts are covering a stock, their consensus rating, and the range of price targets.
Sometimes, these sites don’t update instantly after earnings calls—so if you’re checking right after BlackSky’s quarterly report, beware of stale data. - Look for Earnings Call Transcripts or Analyst Reports: To get the “why” behind the target prices, I dig into actual analyst reports. Seeking Alpha sometimes posts full call transcripts, which include Q&A with analysts. Not all are free, but you can usually catch the headlines and see analyst sentiment.
Pro-tip: If you’re ever in doubt about the credibility of a site, the U.S. SEC's guidance on analyst recommendations is worth a read.
What Are Analysts Actually Saying About BlackSky?
As of June 2024, here’s the real-world consensus on BKSY (from MarketBeat, Nasdaq, and Yahoo Finance):
- Consensus Recommendation: “Moderate Buy” or “Buy.” Most analysts covering BlackSky see upside potential, but there are only a handful actively following the stock due to its small-cap status.
- Price Targets: The average 12-month price target is around $2.50–$3.00 per share, with a low estimate near $2.00 and a high at $4.00. As an example, in May 2024, Benchmark initiated coverage with a $3.50 target (source: Benzinga).
- Number of Analysts: 3–4 analysts are regularly publishing ratings and targets, per MarketBeat.
To illustrate, here’s a quick summary table based on recent public sources:
| Date | Firm | Rating | Price Target | Source |
|---|---|---|---|---|
| 2024-05-10 | Benchmark | Buy | $3.50 | Benzinga |
| 2024-04-01 | Raymond James | Buy | $4.00 | MarketBeat |
| 2024-03-15 | Deutsche Bank | Hold | $2.00 | Nasdaq |
I’ve learned to always cross-reference a few sources; sometimes Yahoo will lag behind MarketBeat or vice versa. Once, I thought BlackSky had no coverage, but it turned out the analyst data was just hidden behind a paywall.
Expert Insights: Why Do Price Targets Vary So Much?
I reached out to a friend in equity research at a major bank (let’s call him “Alex”), who gave me a candid take: “With companies like BlackSky, which are innovating in satellite data but not yet profitable, analyst targets reflect not just today’s numbers, but projections for future government contracts, tech milestones, and even competitor moves. That’s why you’ll see one firm call it a $2 stock and another say $4.”
This echoes the SEC’s advice: “Analyst recommendations are opinions, not guarantees.” For a stock like BKSY, a big new contract or tech breakthrough could swing sentiment overnight.
Just to make this practical: In March, an investor on the Yahoo Finance BKSY forum posted, “I bought at $1.80 on a ‘Buy’ rating, but the stock dropped to $1.50 after earnings. Turns out, one analyst cut their target to $2 because of slower contract wins. Lesson learned: don’t just chase price targets.”
A Quick Detour: “Verified Trade” Standards Across Countries
Just as analyst ratings can differ in methodology, so too do international trade certifications. Here’s a table comparing how “verified trade” is defined and enforced in major economies, based on WTO and OECD sources:
| Country/Region | Standard Name | Legal Basis | Enforcement Agency | Reference |
|---|---|---|---|---|
| USA | Customs-Trade Partnership Against Terrorism (C-TPAT) | 19 CFR Part 101 | CBP | CBP |
| EU | Authorised Economic Operator (AEO) | EU Regulation 952/2013 | National Customs (varies) | EU AEO |
| China | Accredited Operator | Customs Law of PRC (2017) | GACC | GACC |
What’s the point of this? Just like different countries verify trade in slightly different ways, analysts use different models, risk assumptions, and sector forecasts. It’s a reminder to always check the legal/regulatory context—whether you’re importing widgets or buying satellite stocks.
A Real Example: Conflicting Ratings, Real-World Impact
Let me give you a quick story. In April 2024, BlackSky announced a new contract with a federal agency. Raymond James immediately reiterated its “Buy” and raised the target to $4, calling the deal “transformational.” Meanwhile, a Deutsche Bank note the next week kept a “Hold” rating, arguing the contract was already priced in and risks remained.
I watched as the stock popped 15% after the Raymond James note, then gave back most of the gains after Deutsche’s update. That’s the reality for small, high-volatility names—analyst reports can move the needle, but consensus can shift fast. The lesson? Look at the details, not just the headlines.
Summary and Next Steps: How to Use Analyst Ratings for BKSY
To wrap up: Analyst ratings for BlackSky (BKSY) are generally positive (“Buy” or “Moderate Buy”), with 12-month price targets hovering between $2.00 and $4.00. Most analysts see upside, but there’s healthy disagreement driven by contract wins, market share, and technology execution. Always cross-check a few sources, read the “why” behind the numbers, and remember that price targets are educated guesses, not promises.
If you’re considering BKSY, my advice (backed by both personal experience and SEC guidance): Use analyst ratings as one input. Combine with your own homework on industry trends, recent contracts, and financial filings. If you’re new to this, start by reading the latest earnings transcript and analyst Q&A on Seeking Alpha or Yahoo Finance.
For more technical or regulatory deep-dives, the OECD and WTO offer some great resources—especially if you want to understand how standards and verification differ internationally.
In my view, the best investors are the ones who treat analyst ratings as conversation starters, not finish lines. Good luck, and don’t be afraid to dig a little deeper!