Blacksky Technology Stock Target Price and Analyst Consensus

BKSY Stock  USD 1.37  0.07  5.38%   
The current analyst and expert consensus on Blacksky Technology is Strong Buy, with 2 strong buy opinions. The current projected Blacksky Technology target price consensus is 3.38 with 3 analyst opinions. The most common way Blacksky Technology analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Blacksky Technology executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Blacksky Technology. We encourage you to use your own analysis of Blacksky Technology to validate this buy or sell advice. Blacksky Technology buy-or-sell recommendation module provides average expert sentiment on the projected Blacksky Technology target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Blacksky Technology to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Blacksky Stock please use our How to Invest in Blacksky Technology guide.
Lowest Forecast
3.08
Highest Forecast
3.75
Target Price
3.38
Gross Profit Margin is likely to rise to 0.20 in 2024, whereas Gross Profit is likely to drop slightly above 17.1 M in 2024. At this time, Blacksky Technology's Other Liabilities is fairly stable compared to the past year. Net Receivables is likely to rise to about 23.4 M in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 69.8 M in 2024.
  
It's important to approach Blacksky Technology's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Blacksky Technology price targets

Blacksky Technology's stock target price is an estimate of its future price, usually made by analysts. Using Blacksky Technology's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Blacksky Technology's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Blacksky Technology's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Blacksky Technology Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Blacksky Technology is a key component of Blacksky Technology valuation and have some predictive power on the future returns of a Blacksky Technology.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Blacksky Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.071.365.60
Details
Intrinsic
Valuation
LowRealHigh
0.091.826.06
Details
Naive
Forecast
LowNextHigh
0.031.455.70
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.08-0.08-0.08
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Blacksky Technology. Your research has to be compared to or analyzed against Blacksky Technology's peers to derive any actionable benefits. When done correctly, Blacksky Technology's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Blacksky Technology.

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When determining whether Blacksky Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Blacksky Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Blacksky Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Blacksky Technology Stock:
Check out Macroaxis Advice on Blacksky Technology to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Blacksky Stock please use our How to Invest in Blacksky Technology guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Blacksky Technology's price analysis, check to measure Blacksky Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Blacksky Technology is operating at the current time. Most of Blacksky Technology's value examination focuses on studying past and present price action to predict the probability of Blacksky Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blacksky Technology's price. Additionally, you may evaluate how the addition of Blacksky Technology to your portfolios can decrease your overall portfolio volatility.
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The data published in Blacksky Technology's official financial statements usually reflect Blacksky Technology's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Blacksky Technology. For example, before you start analyzing numbers published by Blacksky accountants, it's critical to develop an understanding of what Blacksky Technology's liquidity, profitability, and earnings quality are in the context of the Electronic Equipment, Instruments & Components space in which it operates.
Please note, the presentation of Blacksky Technology's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Blacksky Technology's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Blacksky Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Blacksky Technology. Please utilize our Beneish M Score to check the likelihood of Blacksky Technology's management manipulating its earnings.