BKSYBlackSky 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 commercial and government customers worldwide.Longby ForexCompanyUpdated 111
BlackSky | BKSY | Long at $1.09BlackSky Technology NYSE:BKSY is a small company focused on satellite imagery tech. It's another name from the SPAC-boom era that suffered a massive price drop - reaching a high of $17.41 in 2021 and a low of $0.86 in 2024. However, based on my selected simple moving averages (SMAs), there may be a price "influx" soon as it merges with its primary SMA (white line) and consolidates further or rises. Fundamentally, the company needs more time to prove itself as a growth/earnings generator, but in the near"er"-term, there may be some price movement in its future. It's currently in a personal buy zone at $1.09. Target #1 = $1.50 Target #2 = $1.75 Target #3 = $2.00Longby WorthlessViewsUpdated 5
Shortterm target $2, longterm $11.67 **Technical Indicators:** - **RSI (Relative Strength Index):** The RSI has shown multiple bullish signals recently, indicating potential upward momentum. - **MACD (Moving Average Convergence Divergence):** A bullish crossover in the MACD suggests increasing positive momentum, signaling a potential upward trend. - **Volume Trends:** Increased buying volume highlights growing investor interest and potential accumulation at current price levels. **Price Action and Support:** - **Current Price Stability:** The stock has shown signs of stabilizing around the $1.15 mark after a significant decline, indicating a strong base formation. - **Resistance Break:** A break above the recent resistance levels could signal a continuation of the bullish trend, with potential upside targets in the near term. **Historical Context:** - **Former High:** BKSY previously reached highs of $11.67. The current price represents a significant discount, offering a potentially attractive entry point for long-term investors. - **Market Sentiment:** Recent price movements suggest improving market sentiment, with the stock up 3.60% today, reflecting growing confidence among traders. **Fundamental Perspective:** - **Company Outlook:** BlackSky Technology Inc. is well-positioned in the growing geospatial intelligence market. Continued advancements and strategic partnerships could drive future growth and stock appreciation. - **DCF Target:** A discounted cash flow analysis suggests a substantial upside potential, aligning with the former high of $11.67 as a long-term target. **Conclusion:** BlackSky Technology Inc. (BKSY) is showing promising signs of a bullish reversal. With key technical indicators signaling upward momentum and the stock trading at a significant discount from its historical highs, there is substantial upside potential. Investors should consider current market conditions and the company's strong position in its industry when evaluating BKSY as a potential buy. **Target Price:** Short-term: $2.00 | Long-term: $11.67Longby stensgaard812
BKSY to $3 (100%)My reading is: 1- Primary : it is in the 3rd Elliott wave 2- Minor : finished the 1st wave of the primary 3rd finished the 2nd wave of the primary 3rd Forecasting : Conservatively: it may go to the upper bound of the channel $2(200%) Unconservative: I will update later The information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.Longby KhaledDoge1
$BKSY Bullish flag pattern formation $BKSY Bullish flag formation ... next potential move on the chart 🔥Longby TradingZzone2
BlackSky: Geospatial Intelligence SolutionsI am long BKSY with price targets above $4. RSI hidden bull div OBV div Space tech is heating up Longby bluedog3601
$BKSY Next Target PTs 4-4.75 Long term PT 29 and higherBlackSky Technologies Inc. (NYSE: BKSY) was awarded a basic order agreement from the Joint Artificial Intelligence Center (JAIC) to create and optimize data sets for use in DoD AI models and applications. The JAIC agreement has a ceiling value of $241 million over five years. 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 commercial and government customers worldwide. The company processes a range of observations from its constellation, as well as various space, internet-of-things, and terrestrial based sensors and data feeds. Its products are used in government defense and intelligence; commercial, construction, and industrial; and catastrophe, climate, and environment applications. The company was incorporated in 2014 and is headquartered in Herndon, Virginia.Longby BADQOMOCAWGOWLD3
Added some shares at $1.80, back to $10 is a 5xCurrent Market Cap: $231.336M EPS: -0.99 Recently this company launched satellites with Palantir's edge ai for faster image processing, which is being used by governments to get a better understanding of war conditions, so this is not just an empty worthless company, and is competing in a space with the likes of PlanetLabs. Good risk to reward if buying at these levels.Longby mxd33
Blacksky Uncertain or Overlooked?Hello, Blacksky is a satellite company that has grown alot and recently went public through a SPAC by SFTW. Now this company aims to give real time data unlike the traditional methods that could take days or even weeks to get. News -Rocket Lab, RKLB, will be launching two rockets with Blackskys satellites on them, roughly 6 in total new sats not sure on the actuall number, starting on Nov 11 for the first and second Nov 27. -Blacksky ER and PLTR ER, PLTR has Blacksky program/software connected to their foundry system so if PLTR can report growth on the Foundry system it will be great for Blacksky's ER -Blacksky partnered up with reseller AllSourceAnaylist -S1 filling giving the warrents a price of $11.50-$20 -Blacksky ER is on Nov 12 preMarket TA -RSI Neutral -MACD Leans Bearish -Support at the 50ema and $9.57 -Reistance at $10 and $10.66 Final Thoughts I personally own 900shares and believe this company with the upcoming catalyst will shock the investors, since on Fintel theres zero shares to short with a 2x borrowing and maintenance fee. One major move of success from the launch or ER will drastically push this stock since its on track to double their rev next year and continue growth. ZERO downside in the short and long term.Longby nathanielx9112