Update shared on13 Sep 2025
Fair value Increased 3.74%Driven by major contract wins, strong government demand, and clear technology differentiation—although tempered by valuation concerns after significant share price gains—analysts have raised BlackSky Technology’s consensus price target modestly from $24.38 to $25.29.
Analyst Commentary
- Bullish analysts highlight BlackSky's selection for the $200M Luno B contract and the $1.02B EOCL contract as key drivers of future revenue and market validation.
- Increasing demand for GEOINT data and satellite imagery from the Department of Defense, Intelligence Community, and allied Ministries of Defense is viewed as a secular growth catalyst.
- Rapid and successful delivery of imagery and AI analytics from Gen-3 satellites demonstrates strong operational execution and technology differentiation.
- Bearish analysts cite significant share price appreciation (up 112% year-to-date) as leading to a more balanced risk/reward profile and limited further upside.
- Valuation concerns with current share price levels prompt a shift to more cautious recommendations despite positive business momentum.
What's in the News
- BlackSky secured significant new contracts, including a seven-figure Gen-2 NEI deal with HEO, multimillion-dollar international agreements for Gen-3 and Gen-2 imagery and analytics, a $24 million NGA order for global military and economic facility monitoring, and expansion into Latin American defense intelligence for transnational crime.
- The company continues to expand and upgrade next-gen satellite capabilities, including the integration of Gen-3 and Gen-2 constellations for very high-resolution, rapid revisit imagery, with additional Gen-3 satellites planned to reach a six-satellite configuration this year.
- Innovations include development of optical inter-satellite link (OISL) technology for Gen-3, enabling faster, more secure data transmission, and plans to launch AROS multispectral, large-area satellites for digital mapping and AI-driven geospatial analytics.
- BlackSky issued revised revenue guidance for 2025, forecasting $105 million to $130 million in revenue.
- The stock was added to numerous Russell growth indices while being simultaneously removed from several Russell value indices.
Valuation Changes
Summary of Valuation Changes for BlackSky Technology
- The Consensus Analyst Price Target has risen slightly from $24.38 to $25.29.
- The Net Profit Margin for BlackSky Technology has risen slightly from 7.12% to 7.27%.
- The Future P/E for BlackSky Technology remained effectively unchanged, moving only marginally from 79.04x to 78.50x.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.