(BKSY) Blacksky Technology - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US09263B2079

Stock: Imagery, Analytics, Satellite, Software, Monitoring

Total Rating 35

Risk 42

Buy Signal 0.21

Specialty Business Services » Electronic Equipment & Instruments
Age: 6.1y

Market Cap: 771m
Avg Trading Vol: 40.1M USD

ATR: 11.52%
Peers RS (IBD): 68.89

EPS (Earnings per Share)

EPS CAGR: -11.48%
EPS Trend: -63.4%

Last SUE: -0.92
Qual. Beats: 0

Revenue

Rev. CAGR: 15.34%
Rev. Trend: 73.9%

Last SUE: -2.09
Qual. Beats: 0

Risk 5d forecast
Volatility	113%
Relative Tail Risk	-5.94%

Reward TTM
Sharpe Ratio	0.86
Alpha	17.11

Character TTM
Beta	2.332
Beta Downside	1.909

Drawdowns 3y
Max DD	77.14%
CAGR/Max DD	0.26

Description: BKSY Blacksky Technology December 27, 2025

BlackSky Technology Inc. (NYSE:BKSY) is a space-based intelligence firm that builds, operates, and services a constellation of observation satellites and a cloud-native analytics platform (Spectra) to deliver geospatial, radar, RF, and IoT-derived data to government and commercial customers worldwide.

Key operating metrics (FY 2023) include ≈ $79 million of revenue, a contract backlog of roughly $250 million, and a growing fleet of more than 30 imaging satellites. The company’s growth is tied to two sector drivers: (1) rising defense and national-security spending that fuels demand for near-real-time situational awareness, and (2) expanding commercial use cases such as supply-chain monitoring, ESG compliance, and infrastructure resilience, which together are projected to push the global geospatial-analytics market to exceed $30 billion by 2028.

For a deeper quantitative assessment, see the ValueRay analysis of BKSY.

Piotroski VR‑10 (Strict, 0-10) 1.5

Net Income: -88.8m TTM > 0 and > 6% of Revenue
FCF/TA: -0.11 > 0.02 and ΔFCF/TA 8.60 > 1.0
NWC/Revenue: 146.8% < 20% (prev 81.83%; Δ 65.02% < -1%)
CFO/TA -0.05 > 3% & CFO -20.2m > Net Income -88.8m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 3.89 > 1.5 & < 3
Outstanding Shares: last quarter (35.2m) vs 12m ago 84.07% < -2%
Gross Margin: 60.29% > 18% (prev 0.70%; Δ 5960 % > 0.5%)
Asset Turnover: 32.49% > 50% (prev 43.69%; Δ -11.20% > 0%)
Interest Coverage Ratio: -5.21 > 6 (EBITDA TTM -41.8m / Interest Expense TTM 14.3m)

Altman Z'' -7.86

A: 0.39 (Total Current Assets 201.0m - Total Current Liabilities 51.7m) / Total Assets 380.9m
B: -1.91 (Retained Earnings -725.6m / Total Assets 380.9m)
C: -0.24 (EBIT TTM -74.4m / Avg Total Assets 313.2m)
D: -2.50 (Book Value of Equity -725.6m / Total Liabilities 289.8m)
Altman-Z'' Score: -7.86 = D

Beneish M -3.48

DSRI: 1.14 (Receivables 40.0m/37.0m, Revenue 101.7m/107.2m)
GMI: 1.15 (GM 60.29% / 69.62%)
AQI: 0.17 (AQ_t 0.06 / AQ_t-1 0.36)
SGI: 0.95 (Revenue 101.7m / 107.2m)
TATA: -0.18 (NI -88.8m - CFO -20.2m) / TA 380.9m)
Beneish M-Score: -3.48 (Cap -4..+1) = AA

What is the price of BKSY shares?

As of February 10, 2026, the stock is trading at USD 24.71 with a total of 1,163,613 shares traded.
Over the past week, the price has changed by +15.41%, over one month by -3.17%, over three months by +49.03% and over the past year by +40.88%.

Is BKSY a buy, sell or hold?

Blacksky Technology has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy BKSY.

StrongBuy: 6
Buy: 0
Hold: 0
Sell: 0
StrongSell: 0

What are the forecasts/targets for the BKSY price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	26.4	6.8%
Analysts Target Price	26.4	6.8%
ValueRay Target Price	26.9	8.8%

BKSY Fundamental Data Overview February 04, 2026

P/S = 7.5749
P/B = 9.7714
Revenue TTM = 101.7m USD
EBIT TTM = -74.4m USD
EBITDA TTM = -41.8m USD
Long Term Debt = 189.3m USD (from longTermDebt, last quarter)
Short Term Debt = 5.77m USD (from shortTermDebt, last quarter)
Debt = 202.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 173.9m USD (from netDebt column, last quarter)
Enterprise Value = 826.8m USD (770.6m + Debt 202.7m - CCE 146.5m)
Interest Coverage Ratio = -5.21 (Ebit TTM -74.4m / Interest Expense TTM 14.3m)
EV/FCF = -19.81x (Enterprise Value 826.8m / FCF TTM -41.7m)
FCF Yield = -5.05% (FCF TTM -41.7m / Enterprise Value 826.8m)
FCF Margin = -41.02% (FCF TTM -41.7m / Revenue TTM 101.7m)
Net Margin = -87.30% (Net Income TTM -88.8m / Revenue TTM 101.7m)
Gross Margin = 60.29% ((Revenue TTM 101.7m - Cost of Revenue TTM 40.4m) / Revenue TTM)
Gross Margin QoQ = 25.18% (prev 71.86%)
Tobins Q-Ratio = 2.17 (Enterprise Value 826.8m / Total Assets 380.9m)
Interest Expense / Debt = 1.99% (Interest Expense 4.04m / Debt 202.7m)
Taxrate = 21.0% (US default 21%)
NOPAT = -58.8m (EBIT -74.4m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 3.89 (Total Current Assets 201.0m / Total Current Liabilities 51.7m)
Debt / Equity = 2.23 (Debt 202.7m / totalStockholderEquity, last quarter 91.1m)
Debt / EBITDA = -4.16 (negative EBITDA) (Net Debt 173.9m / EBITDA -41.8m)
Debt / FCF = -4.17 (negative FCF - burning cash) (Net Debt 173.9m / FCF TTM -41.7m)
Total Stockholder Equity = 90.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -28.36% (Net Income -88.8m / Total Assets 380.9m)
RoE = -98.56% (Net Income TTM -88.8m / Total Stockholder Equity 90.1m)
RoCE = -26.63% (EBIT -74.4m / Capital Employed (Equity 90.1m + L.T.Debt 189.3m))
RoIC = -26.10% (negative operating profit) (NOPAT -58.8m / Invested Capital 225.2m)
WACC = 11.82% (E(770.6m)/V(973.3m) * Re(14.51%) + D(202.7m)/V(973.3m) * Rd(1.99%) * (1-Tc(0.21)))
Discount Rate = 14.51% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 57.80%
Fair Price DCF = unknown (Cash Flow -41.7m)
EPS Correlation: -63.41 | EPS CAGR: -11.48% | SUE: -0.92 | # QB: 0
Revenue Correlation: 73.89 | Revenue CAGR: 15.34% | SUE: -2.09 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.33 | Chg30d=-0.015 | Revisions Net=-1 | Analysts=2
EPS next Year (2026-12-31): EPS=-1.09 | Chg30d=-0.012 | Revisions Net=-1 | Growth EPS=+36.8% | Growth Revenue=+31.4%

Additional Sources for BKSY Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle