BKSY - BlackSky Technology Inc. Stock Price, Fair Value and News

1.21USD+0.02 (+1.68%)Delayed as of 17 May 2024, 11:58 am ET

Market Summary

USD1.21+0.02

Delayedas of 17 May 2024, 11:58 am

1.68%

BKSY Stock Price

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BKSY RSI Chart

BKSY Valuation

Market Cap

174.7M

Price/Earnings (Trailing)

-3.34

Price/Sales (Trailing)

1.74

EV/EBITDA

73.44

Price/Free Cashflow

-37.74

BKSY Price/Sales (Trailing)

BKSY Profitability

EBT Margin

-51.55%

Return on Equity

-64.07%

Return on Assets

-24.92%

Free Cashflow Yield

-2.65%

BKSY Fundamentals

BKSY Revenue

Revenue (TTM)

100.3M

Rev. Growth (Yr)

31.74%

Rev. Growth (Qtr)

-31.74%

BKSY Earnings

Earnings (TTM)

-52.4M

Earnings Growth (Yr)

8.69%

Earnings Growth (Qtr)

-317.37%

Breaking Down BKSY Revenue

52 Week Range

1.112.37

(Low)(High)

Last 7 days

-3.3%

Last 30 days

-5.6%

Last 90 days

-26.4%

Trailing 12 Months

-9.3%

How does BKSY drawdown profile look like?

BKSY Financial Health

Current Ratio

4.02

Debt/Equity

1.04

Debt/Cashflow

-0.05

BKSY Investor Care

Shares Dilution (1Y)

5.38%

Diluted EPS (TTM)

-0.37

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	100.3M	0	0	0
2023	69.9M	74.1M	78.4M	94.5M
2022	40.7M	48.4M	57.4M	65.3M
2021	27.2M	26.4M	29.0M	34.1M
2020	15.6M	17.4M	19.3M	21.1M
2019	0	0	0	13.7M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of BlackSky Technology Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 31, 2024	porteous william d.	acquired	-	-	16,544	-
Mar 31, 2024	gordon susan m.	acquired	-	-	16,544	-
Mar 31, 2024	tolonen james r	acquired	-	-	16,544	-
Mar 10, 2024	dubois henry edward	sold (taxes)	-38,648	1.45	-26,654	chief financial officer
Mar 10, 2024	ward tracy	sold (taxes)	-2,488	1.45	-1,716	principal accounting officer
Mar 10, 2024	lin christiana l	sold (taxes)	-17,230	1.45	-11,883	general counsel & cao
Mar 10, 2024	o'toole brian e	sold (taxes)	-118,455	1.45	-81,693	ceo and president
Dec 31, 2023	gordon susan m.	acquired	-	-	16,071	-
Dec 31, 2023	porteous william d.	acquired	-	-	16,071	-
Dec 31, 2023	harvey timothy m.	acquired	-	-	16,071	-

Which funds bought or sold BKSY recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-63.2	-106,929	59,482	-%
May 15, 2024	CSS LLC/IL	added	139	5,182	7,141	-%
May 15, 2024	Ionic Capital Management LLC	reduced	-51.3	-7,525	21,447	0.01%
May 15, 2024	Polar Asset Management Partners Inc.	unchanged	-	3,754	12,679	-%
May 15, 2024	LMR Partners LLP	unchanged	-	35,194	102,874	-%
May 15, 2024	HSBC HOLDINGS PLC	new	-	18,647	18,647	-%
May 15, 2024	PRICE T ROWE ASSOCIATES INC /MD/	unchanged	-	-1,000	43,000	-%
May 15, 2024	DEUTSCHE BANK AG\	new	-	68,680	68,680	-%
May 15, 2024	STATE STREET CORP	added	4.87	56,141	3,045,590	-%
May 15, 2024	WOLVERINE TRADING, LLC	reduced	-35.22	-15,192	25,786	-%

Are Funds Buying or Selling BKSY?

Are funds buying BKSY calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BKSY

No. of Funds

Unveiling BlackSky Technology Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 07, 2024	blackrock inc.	4.99%	7,148,422	SC 13G/A
Feb 02, 2024	blackrock inc.	5.2%	7,412,559	SC 13G
Apr 20, 2023	mithril ii lp	7.5%	10,386,626	SC 13D/A
Feb 13, 2023	cercano management llc	8.2%	9,951,809	SC 13G
Feb 14, 2022	aristeia capital llc	0%	0	SC 13G/A
Feb 14, 2022	glazer capital, llc	0.0%	0	SC 13G/A
Feb 14, 2022	soroban capital partners lp	0%	0	SC 13G/A
Feb 10, 2022	vcvc iv llc	8.6%	9,951,809	SC 13G

Recent SEC filings of BlackSky Technology Inc.

View All Filings

Date Filed	Form Type	Document
May 09, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
Apr 19, 2024	10-K/A	Annual Report
Apr 15, 2024	4	Insider Trading
Apr 15, 2024	8-K	Current Report
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Mar 22, 2024	S-8	Employee Benefits Plan
Mar 20, 2024	10-K	Annual Report

Peers (Alternatives to BlackSky Technology Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AAPL	2.9T	381.6B	12.11%	9.97%	29.01	7.63	-0.90%	6.43%
APH	79.1B	12.8B	16.99%	74.51%	38.82	6.16	1.52%	6.35%
GLW	30.2B	12.4B	13.87%	14.24%	48.84	2.44	-9.51%	-33.28%
FTV	27.2B	6.1B	-4.63%	18.71%	30.24	4.44	3.71%	17.79%
FLEX	12.3B	29.4B	3.40%	21.80%	16.31	0.42	-1.12%	-8.06%
MID-CAP
CGNX	8.2B	847.2M	19.89%	-8.53%	81.83	9.62	-8.39%	-42.67%
ARW	6.9B	31.3B	5.10%	6.55%	9.69	0.22	-14.93%	-46.67%
BMI	5.8B	740.8M	27.40%	41.30%	56.26	7.77	25.07%	42.99%
AVT	4.8B	24.7B	12.59%	26.71%	8.4	0.19	-6.09%	-33.76%
ESE	2.8B	988.8M	9.38%	11.83%	28.33	2.82	8.64%	13.26%
SMALL-CAP
CNXN	1.8B	2.8B	8.75%	56.18%	21.73	0.65	-10.09%	0.74%
BHE	1.5B	2.8B	36.23%	86.97%	22.28	0.52	-4.25%	-5.27%
GPRO	249.3M	986.2M	-6.78%	-58.75%	-0.69	0.25	-6.21%	-5303.34%
CPSH	25.3M	26.4M	4.07%	-40.13%	32.9	0.96	-2.48%	-64.63%
AEY	23.3M	56.7M	-33.90%	1.30%	-3.8	0.59	-41.04%	-726.48%

BlackSky Technology Inc. News

Latest updates

BlackSky Technology Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Revenue	-31.7%	24,236,000	35,508,000	21,260,000	19,327,000	18,397,000	19,417,000	16,935,000	15,102,000	13,896,000	11,489,000	7,937,000	7,365,000	7,294,000	6,407,000	5,317,000	8,203,134	1,207,866	-
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	553,000	-	-	712,000	1,381,000	-	-	-
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	474,421	2,205,105	198,382	258,326	261,465
S&GA Expenses	8.6%	18,816,000	17,328,000	17,572,000	18,768,000	18,949,000	20,631,000	18,758,000	17,743,000	22,540,000	28,676,000	40,674,000	8,827,000	8,478,000	7,571,000	6,972,000	-	-	-
R&D Expenses	286.4%	456,000	118,000	133,000	176,000	216,000	290,000	197,000	106,000	146,000	27,000	57,000	-	28,000	91,000	68,000	-	-	-
EBITDA Margin	797.0%	0.03	0.00	-0.18	-0.43	-0.40	-0.52	-0.32	-1.18	-1.75	-6.59	-8.72	-8.38	-7.25	-	-	-	-	-
Interest Expenses	-1.7%	2,634,000	2,679,000	2,532,000	2,242,000	1,853,000	1,670,000	1,226,000	1,275,000	1,255,000	1,502,000	1,225,000	1,270,000	1,168,000	1,158,000	784,000	-	-	-
Income Taxes	-83.1%	70,000	413,000	138,000	9,000	113,000	-	-	-	-	-	-	-	-	-124,207	-	-30,422	278,836	-
Earnings Before Taxes	-366.4%	-15,740,000	-3,375,000	813,000	-33,422,000	-17,202,000	-14,805,000	-13,800,000	-26,282,000	-19,992,000	6,023,000	-46,897,000	-34,563,000	-168,556,000	-20,748,650	-13,911,000	-9,158,990	6,721,290	-59,982,119
EBT Margin	8.4%	-0.52	-0.56	-0.82	-1.07	-1.03	-1.15	-0.94	-1.80	-2.35	-7.16	-9.34	-9.01	-7.80	-	-	-	-	-
Net Income	-317.4%	-15,810,000	-3,788,000	675,000	-33,431,000	-17,315,000	-14,805,000	-13,093,000	-26,282,000	-19,992,000	5,395,000	-46,897,000	-35,585,000	-168,556,000	-6,408,443	-14,422,000	-9,128,568	6,442,454	-66,142,119
Net Income Margin	8.5%	-0.52	-0.57	-0.83	-1.06	-1.02	-1.13	-0.94	-1.81	-2.39	-7.21	-8.88	-8.53	-7.29	-	-	-	-	-
Free Cashflow	-134.8%	-3,810,000	-1,623,000	-498,000	652,000	-16,927,000	-5,350,000	-11,967,000	-15,438,000	-13,001,000	-15,455,000	-17,955,000	-10,653,000	-10,707,000	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																				(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2018Q4
Assets	-6.2%	210	224	213	228	241	234	244	261	287	306	324	135	319	120	319	319	320	163	-	-
Current Assets	-12.6%	69.00	79.00	71.00	79.00	91.00	89.00	107	124	152	179	210	40.00	0.00	18.00	1.00	1.00	1.00	66.00	-	0.00
Cash Equivalents	-53.1%	15.00	33.00	32.00	41.00	57.00	34.00	37.00	65.00	136	168	195	26.00	45.00	11.00	9.00	17.00	1.00	37.00	0.00	0.00
Net PPE	-10.8%	60.00	67.00	75.00	82.00	87.00	72.00	78.00	84.00	67.00	71.00	22.00	24.00	-	21.00	-	-	-	11.00	-	-
Goodwill	0%	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	-	9.00	-	-	-	9.00	-	-
Liabilities	-1.9%	128	131	121	140	122	112	111	118	120	126	171	266	62.00	153	13.00	37.00	28.00	182	-	-
Current Liabilities	-37.2%	17.00	27.00	19.00	17.00	21.00	27.00	27.00	23.00	32.00	31.00	27.00	99.00	4.00	55.00	2.00	0.00	0.00	100	0.00	0.00
Long Term Debt	1.4%	85.00	84.00	79.00	79.00	76.00	76.00	73.00	72.00	72.00	71.00	78.00	157	-	85.00	-	-	-	79.00	-	-
LT Debt, Non Current	-100.0%	-	84.00	79.00	79.00	76.00	76.00	73.00	72.00	72.00	71.00	78.00	157	-	85.00	-	-	-	79.00	-	-
Shareholder's Equity	-12.3%	82.00	93.00	92.00	89.00	119	122	133	144	167	180	153	-	-	0.00	5.00	5.00	5.00	5.00	0.00	8.00
Retained Earnings	-2.6%	-614	-598	-595	-595	-562	-545	-530	-517	-490	-470	-476	-428	-61.30	-223	-19.80	-11.18	1.00	-203	-0.01	0.00
Additional Paid-In Capital	0.6%	696	692	687	684	681	667	664	661	658	651	629	136	-	191	6.00	11.00	6.00	186	0.00	0.00
Shares Outstanding	1.1%	144	143	141	138	137	120	119	119	118	114	113	9.00	-	-	-	-	-	-	-	-
Float	-100.0%	-	304	-	-	-	266	-	-	-	-	-	316	-	-	-	318	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-134.8%	-3,810	-1,623	-173	977	-16,602	-5,025	-11,642	-15,113	-12,676	-15,130	-17,630	-10,529	-10,583	-4,270	-5,262	-21,799	-342	-26,307	-6*	-1.71	-801*
Share Based Compensation	7.2%	3,363	3,137	2,402	2,311	3,012	3,636	3,163	2,986	10,240	13,306	28,493	264	508	290	550	-	-	-	-	-	-
Cashflow From Investing	-5354.2%	-15,108	-277	-8,279	-17,173	10,518	2,544	-15,165	-55,533	-13,425	-14,124	-38,071	-3,900	-7,519	69.00	-2,295	-7,659	115	-	-	-	-
Cashflow From Financing	-36.7%	862	1,361	-510	-668	28,867	-539	-502	-413	-3,599	-314	221,514	-3,974	57,791	-57.00	3.00	-	-	89,710	6.00	-	-10.30
Buy Backs	-	-	-	-	-	-	-	-30.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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BKSY Income Statement

2024-03-31

Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue
Revenue	$ 24,236	$ 18,397
Costs and expenses
Selling, general and administrative	18,816	18,949
Research and development	456	216
Depreciation and amortization	11,184	9,655
Operating loss	(13,253)	(16,901)
(Loss) gain on derivatives	(254)	1,531
Income on equity method investment	0	529
Interest income	400	435
Interest expense	(2,634)	(1,853)
Other income (expense), net	1	(943)
Loss before income taxes	(15,740)	(17,202)
Income tax expense	(70)	(113)
Net loss	(15,810)	(17,315)
Other comprehensive income	0	0
Total comprehensive loss	$ (15,810)	$ (17,315)
Basic:
Net income (loss) per share of common stock (in dollars per share)	$ (0.11)	$ (0.14)
Diluted:
Net income (loss) per share of common stock, diluted (in dollars per share)	$ (0.11)	$ (0.14)
Imagery & software analytical services
Revenue
Revenue	$ 17,833	$ 15,760
Costs and expenses
Costs excluding depreciation and amortization	3,445	3,699
Professional & engineering services
Revenue
Revenue	6,403	2,637
Costs and expenses
Costs excluding depreciation and amortization	$ 3,588	$ 2,779

BKSY Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 14,965	$ 32,815
Restricted cash	413	619
Short-term investments	20,428	19,697
Accounts Receivable	5,582	7,071
Prepaid Expense and Other Assets, Current	3,836	3,916
Contract assets	24,134	15,213
Total current assets	69,358	79,331
Property and equipment - net	59,883	67,116
Operating lease right of use assets - net	4,517	1,630
Goodwill	9,393	9,393
Intangible assets - net	1,216	1,357
Satellite procurement work in process	62,106	55,976
Other assets	3,640	9,263
Total assets	210,113	224,066
Current liabilities:
Accounts payable and accrued liabilities	13,078	11,573
Contract liabilities - current	2,157	3,670
Debt, Current	304	0
Other current liabilities	1,560	1,405
Total current liabilities	17,263	27,491
Operating lease liabilities	6,997	3,041
Derivative liabilities	15,404	15,149
Long-term debt	84,695	83,502
Other liabilities	4,041	1,724
Total liabilities	128,400	130,907
Commitments and contingencies (Note 14)
Stockholders’ equity:
Class A common stock, $0.0001 par value-authorized, 300,000 shares; issued, 146,821 and 145,232 shares; outstanding, 144,434 shares and 142,837 shares as of March 31, 2024 and December 31, 2023, respectively.	14	14
Additional paid-in capital	696,479	692,115
Accumulated deficit	(614,780)	(598,970)
Total stockholders’ equity	81,713	93,159
Total liabilities and stockholders’ equity	210,113	224,066
Related Party
Current assets:
Accounts Receivable	0	0
Current liabilities:
Accounts payable	164	10,843
Other current liabilities	$ 900	$ 300

About BlackSky Technology Inc.

BlackSky Technology Inc. provides geospatial intelligence, imagery and related data analytic products and services, and mission systems that include the development, integration, and operations of satellite and ground systems to government and commercial customers in North America, the Middle East, Asia, and internationally. The company's Spectra AI software platform processes a range of observations from its satellite constellation and external data sources, including imaging, radar and radio frequency satellites, environmental sensors, asset tracking sensors, Internet-of-Things (IoT) connected devices, internet-enabled narrative sources, and a variety of geotemporal data feeds. It offers a range of services comprising object, change, and anomaly detection; site monitoring; analytical solutions; develops and delivers launch vehicles, satellites, and payload systems; and engineering services. The company's products and services are used in national and homeland security, supply chain intelligence, crisis management, critical infrastructure monitoring, economic intelligence, and other applications. BlackSky Technology Inc. was incorporated in 2018 and is headquartered in Herndon, Virginia.

CEO	Mr. Brian O'Toole
WEBSITE	blacksky.com
INDUSTRY	Consumer Electronics
EMPLOYEES	259

BlackSky Technology Inc. Frequently Asked Questions

What is the ticker symbol for BlackSky Technology Inc.? What does BKSY stand for in stocks?

BKSY is the stock ticker symbol of BlackSky Technology Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of BlackSky Technology Inc. (BKSY)?

As of Thu May 16 2024, market cap of BlackSky Technology Inc. is 174.72 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BKSY stock?

You can check BKSY's fair value in chart for subscribers.

What is the fair value of BKSY stock?

You can check BKSY's fair value in chart for subscribers. The fair value of BlackSky Technology Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of BlackSky Technology Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BKSY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is BlackSky Technology Inc. a good stock to buy?

The fair value guage provides a quick view whether BKSY is over valued or under valued. Whether BlackSky Technology Inc. is cheap or expensive depends on the assumptions which impact BlackSky Technology Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BKSY.

What is BlackSky Technology Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, BKSY's PE ratio (Price to Earnings) is -3.34 and Price to Sales (PS) ratio is 1.74. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BKSY PE ratio will change depending on the future growth rate expectations of investors.