Summary: How BlackSky’s Stock Price Has Shifted in The Past Year
If you’re hunting for insights on BlackSky Technology Inc. (BKSY) and how its stock price has behaved over the last 12 months, you’re not alone. Whether you’re an investor, a satellite industry watcher, or just like following space-tech stories, understanding BKSY’s price patterns can help you make informed decisions. This article breaks down BlackSky’s last-year performance, highlights key trends, and gives you a realistic look at what’s moved the stock—using real data, expert quotes, and even a few of my own missteps. Plus, I’ll show you how to dig up the info yourself, so you never feel lost staring at those wiggly charts.
Can I Really Figure Out BlackSky’s Stock Trends?
Short answer: Yes, and it’s not rocket science. The main problem people have is sifting through the noise—especially for a company like BlackSky, which is relatively new to public markets and operates in the unpredictable satellite imaging sector.
Here’s how I tackled it recently. I wanted to know: Is BlackSky a hidden gem with growth potential, or just another space SPAC story that fizzled out? I started by pulling up a one-year price chart. You can do this on platforms like Yahoo Finance (BKSY Historical Data), Google Finance, or TradingView. For this walkthrough, let’s use Yahoo Finance because it’s free, reliable, and doesn’t bombard you with ads.
Step 1: Pull Up The One-Year Chart
Go to Yahoo Finance and search “BKSY”. Then click “Historical Data” and set the time period to “1 Year”.
Here’s what the page looks like as of June 2024 (screenshot from my own desktop):
(If you see a flat line, make sure you didn’t accidentally select “Dividends Only”—I did that at first, thought the stock was dead. Rookie mistake.)
Step 2: Spot The Big Swings
Looking at the chart, BKSY’s price ranged roughly between $1.00 and $2.00 over the last year. There were a few sharp jumps and drops, mostly tied to earnings reports and sector news.
- In July 2023, the stock hovered around $1.40.
- By October 2023, it briefly spiked near $2.00 after a positive earnings call and a new government contract announcement. (Source: BlackSky Press Release)
- But by December, it had drifted back down toward $1.20, reflecting sector-wide pessimism about small satellite operators.
- Spring 2024 saw another brief rally, likely due to industry optimism as BlackSky expanded its constellation—then more volatility as the broader market wobbled on interest rate fears.
Real talk: Most of these moves were short-lived. There’s a clear pattern—investors get excited on news, but the price usually settles back down as the hype fades.
Step 3: Overlay Volume and News
I always cross-check price moves with trading volume and news. On Yahoo Finance, you can click the “Volume” box under the chart. For example, the spike in October 2023 came with a huge volume surge, which usually means institutional buying or selling.
And if you scroll down to “News”, you’ll see headlines like “BlackSky Awarded Additional U.S. Government Contract”—that’s often the trigger for the price jump.
What Patterns Stand Out?
Over the past 12 months, a few patterns popped up:
- Volatility around earnings and contracts. BlackSky is still a story stock; price swings are often news-driven, not fundamentals-driven.
- Low average daily volume. This means small trades can move the price a lot, which can be risky for retail investors (been burned there myself).
- Sector correlation. When other “new space” stocks drop—like Rocket Lab or Planet Labs—BlackSky often follows, even if their news isn’t directly related.
Industry experts agree. As Mark Boggett, CEO of Seraphim Space, pointed out in a recent SpaceNews interview:
“Investors are still trying to figure out which satellite operators will emerge as long-term winners. For now, these stocks remain highly sensitive to news flow and sector sentiment swings.”
Case Study: Comparing “Verified Trade” Standards (A Quick Detour)
Since you might also be interested in how regulatory differences play into global trade certification (and company valuations), here’s a quick look at how “verified trade” standards differ internationally—this impacts companies like BlackSky when they seek export approvals or international contracts.
| Country/Region | Standard Name | Legal Basis | Enforcement Agency |
|---|---|---|---|
| USA | Export Administration Regulations (EAR) | 15 CFR Parts 730-774 | Bureau of Industry & Security (BIS) |
| EU | Dual-Use Regulation | Regulation (EU) 2021/821 | National Export Authorities |
| China | Technology Import and Export Regulation | MOFCOM Provisions | MOFCOM, Customs |
| Global (WCO) | SAFE Framework | WCO SAFE | Customs Agencies |
These differences mean that any international deal BlackSky pursues can get bogged down in paperwork—often causing near-term stock volatility if investors see a contract might be delayed. I had a client project last year where a satellite data deal with a Brazilian agency got stuck for months on export certification. The stock price dipped during that period, then rebounded once the deal cleared. That’s the real-world impact of regulatory friction.
Comparing BlackSky’s Trends With The Broader Market
I’m a fan of looking at sector benchmarks for context. If you chart BlackSky (BKSY) against the UFO Space ETF or even the S&P 500, you’ll notice that BlackSky is much more volatile and tends to underperform during market stress. In the past year, while the S&P 500 gained, BKSY mostly treaded water.
A fellow analyst on Reddit’s SpaceStocks forum summed it up well:
“BlackSky is still in that ‘show me’ phase. Every good quarter buys it some time, but until they post consistent profits, the price will keep yo-yoing.”
Expert Insights: What Should Investors Watch?
I chatted with an industry legal consultant, who told me:
“A lot of people underestimate the compliance drag for space-tech firms. U.S. export rules, EU sanctions, and even WCO harmonization efforts can directly impact revenue recognition—and the stock price reacts fast.”
So, for investors or curious observers, it’s not just about the satellites or the contracts. It’s about the regulatory chessboard and the speed at which BlackSky can execute deals.
Final Thoughts: What’s Next for BlackSky’s Stock?
In short, BlackSky’s stock price over the last year has been a wild ride: periodic excitement, sharp pullbacks, and an overall struggle to break out of the $1-$2 range. Most of the action is tied to news and sector mood swings. If you want to track it yourself, use Yahoo Finance or TradingView, and always check volume and news context before jumping to conclusions.
For those thinking about investing, my advice (learned the hard way): Don’t chase the spikes unless you have a high risk tolerance, and always keep an eye on regulatory headlines. If you want more in-depth info, check out the company’s SEC filings or tune in to their next earnings call.
And if you’re involved in international trade or compliance, don’t underestimate how “verified trade” standards and export rules can shake up even the most promising tech stocks. The next few quarters will be telling for BlackSky—watch for their ability to sign and deliver on big deals, and how the market digests each new headline.
If you want to dig deeper, here’s your action list:
- Check out BKSY’s historical data on Yahoo Finance.
- Read their latest SEC filings.
- Compare sector performance on the UFO Space ETF.
- Brush up on global “verified trade” standards at the WCO site.
And hey, if you get tripped up by a flat chart or a headline that doesn’t make sense, you’re in good company—I’ve been there too.