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.
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.
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.
As of June 2024, here’s the real-world consensus on BKSY (from MarketBeat, Nasdaq, and Yahoo Finance):
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.
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.”
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.
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.
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!
If you’ve ever stared at a stock chart for BlackSky (ticker: BKSY) and wondered, “What do the pros say about this?”—I’ve been there. Seriously, before putting even a few hundred bucks into anything, I want to know how analysts—those people poring over company filings and chatting with management—are rating the stock, what price targets they’re tossing around, and whether there’s an actual consensus or just hot air. So, after a ton of poking around (and, okay, a few mistakes on Yahoo! Finance), here's a detailed guide on how to find, understand, and actually use analyst recommendations for BlackSky.
Stick around for the real numbers, a sample workflow (with actual screenshots), a couple of weird discoveries, plus a quick peek into why analyst opinions sometimes swing wildly—especially for newer, high-growth companies like BlackSky. And hey, I’ll wrap up with a summary and what I plan to do next time I research an “emerging tech” stock.
Alright, first mistake I made: I just typed “BlackSky analyst rating” into Google and clicked the first link. It took me to a random blog with, let’s say, enthusiasm, but zero real data. What actually works is going straight to data aggregators and brokerage portals. Here’s my shortlist, based on, you know, trial and error:
Snapshots help. Here’s how it looks on Yahoo! Finance:
Pro tip: If a site shows “No Analyst Coverage,” it either means BKSY is really under-followed, or you’ve hit a paywall. TipRanks usually has at least a couple of opinions, which brings us to…
As of June 2024, BKSY has a handful of analysts covering it. And the consensus isn't as clear-cut as it is for Apple or Microsoft. Here’s what I found:
Average target: about $2.50. BKSY’s price in early June 2024 is around $1.25. So, based on “the Street,” there’s (in theory) around 2x upside—if you trust their math.
“BlackSky’s continued expansion in satellite launches and imagery services position it at the forefront of the geo-intelligence market; target is $3.00 for the next 12 months.” — Oppenheimer research report, May 2024 (source)
But be warned: Two years ago, the sponsor research crowd was just as bullish—but the stock slid anyway. Always check the date of the rating, and how closely the analyst’s past targets tracked reality.
Here’s my “workflow” (I promise this is not rocket science):
Last month, I almost bought BKSY at $1.40 purely on analyst optimism. Then I saw all the targets had been $4.00+ in 2022—and missed every time since. So I held back, did more digging in SEC filings… and, okay, still haven’t decided.
I emailed a friend who covers the space sector for a boutique sell-side shop. He said (not for attribution): “These newer ‘space as a service’ providers get rotated coverage—one upgrade can swing sentiment. There’s bullishness on imagery demand, but execution is super tough to predict, and capital markets aren’t patient.”
In other words, don’t treat three bullish price targets as gospel if the company depends on lumpy government contracts.
Just for context: Another “new space econ” stock is Spire Global (SPIR). As of June 2024, TipRanks says SPIR also has three analysts, average target ~$8.00, actual price about $4.30. There’s a pattern: small coverage, big upside on paper… but real performance varies. (Check SPIR’s analyst page if curious.)
Okay, off-topic, but I did a project last year about international “verified trade”/authentication. There are wild differences. Here’s my cheat sheet (just for geek cred):
| Country/Region | Standard Name | Legal Basis | Enforcement Agency |
|---|---|---|---|
| USA | Customs Trade Partnership Against Terrorism (C-TPAT) | 19 CFR 122.0 et seq. | U.S. Customs and Border Protection (CBP) |
| EU | Authorized Economic Operator (AEO) | EU Regulation (EC) No 450/2008 | National customs agencies |
| China | 高级认证企业 (Advanced Certification Enterprise) | 中华人民共和国海关法 (China Customs Law) | China Customs |
For source-hunters: WTO’s AEO Compendium is a good starting point: WTO guide here.
If you’re eyeing BlackSky, pay attention to the actual content (and timeliness) of analyst ratings, not just the optimistic price targets. Realistically, analyst coverage is thin but leans bullish—just verify that the same “$3” target isn’t one analyst updating a stale opinion every six months.
What I learned: Analyst ratings are a useful checkpoint but absolutely not the full story, especially for volatile, emerging industries. Sometimes it’s worth emailing the brokerage research desk, or reading the full sell-side note (even if you only get access at a local library’s Bloomberg Terminal—I did this once and it’s oddly fun).
Next time: I’ll try to catch the “earnings call” transcript on SeekingAlpha or via the company IR site, to get more direct quotes from management (where the real color is).
Key sources referenced:
Bottom line: Do your homework, compare opinions, and always remember that even “Wall Street consensus” is sometimes just three people making educated guesses. Good luck out there!