Northland Securities Comments on Satellogic Q2 Earnings

Satellogic Inc. (NASDAQ:SATL) – Analysts at Northland Securities upped their Q2 2026 earnings estimates for Satellogic in a report released on Tuesday, May 12th. Northland Securities analyst M. Latimore now expects that the company will earn ($0.03) per share for the quarter, up from their prior forecast of ($0.04). The consensus estimate for Satellogic’s current full-year earnings is ($0.16) per share. Northland Securities also issued estimates for Satellogic’s Q4 2026 earnings at ($0.02) EPS, Q1 2027 earnings at ($0.03) EPS, Q2 2027 earnings at ($0.02) EPS and FY2027 earnings at ($0.05) EPS.

Other equities analysts also recently issued research reports about the company. Wall Street Zen downgraded Satellogic from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Citigroup restated an “outperform” rating on shares of Satellogic in a report on Wednesday. Roth Mkm assumed coverage on Satellogic in a report on Friday, May 8th. They issued a “buy” rating and a $10.00 price objective on the stock. Cantor Fitzgerald increased their price objective on Satellogic from $7.00 to $10.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, Loop Capital set a $4.50 price objective on Satellogic in a report on Wednesday, March 11th. Five analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Satellogic currently has a consensus rating of “Moderate Buy” and a consensus price target of $7.70.

Satellogic Trading Up 6.7%

NASDAQ:SATL opened at $8.64 on Friday. The stock’s 50 day moving average price is $5.83 and its 200 day moving average price is $3.73. Satellogic has a 52 week low of $1.25 and a 52 week high of $8.90. The company has a market capitalization of $1.24 billion, a P/E ratio of -11.52 and a beta of 1.06. The company has a debt-to-equity ratio of 0.93, a quick ratio of 5.02 and a current ratio of 2.44.

Satellogic (NASDAQ:SATL) last posted its quarterly earnings results on Tuesday, March 31st. The company reported ($0.84) earnings per share (EPS) for the quarter. Satellogic had a negative return on equity of 100.03% and a negative net margin of 443.06%.The company had revenue of $6.11 million during the quarter.

Hedge Funds Weigh In On Satellogic

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Halter Ferguson Financial Inc. grew its holdings in Satellogic by 116.0% during the fourth quarter. Halter Ferguson Financial Inc. now owns 839,832 shares of the company’s stock valued at $1,570,000 after purchasing an additional 450,957 shares during the last quarter. GSA Capital Partners LLP acquired a new position in Satellogic during the third quarter valued at approximately $59,000. Penserra Capital Management LLC grew its holdings in Satellogic by 8.7% during the third quarter. Penserra Capital Management LLC now owns 114,184 shares of the company’s stock valued at $374,000 after purchasing an additional 9,111 shares during the last quarter. Legal & General Group Plc acquired a new position in Satellogic during the second quarter valued at approximately $27,000. Finally, StoneX Group Inc. acquired a new position in Satellogic during the fourth quarter valued at approximately $25,000. Institutional investors and hedge funds own 17.58% of the company’s stock.

Insider Buying and Selling

In other Satellogic news, insider Fitzgerald L. P. Cantor sold 500,000 shares of the stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $5.01, for a total transaction of $2,505,000.00. Following the transaction, the insider owned 12,356,500 shares in the company, valued at $61,906,065. This trade represents a 3.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 51.62% of the stock is currently owned by company insiders.

Satellogic Company Profile

Satellogic Inc is a NewSpace company specializing in the design, manufacture and operation of a low?Earth?orbit (LEO) microsatellite constellation. The company’s satellites capture high?resolution multispectral imagery, enabling detailed monitoring of agricultural, forestry, maritime, energy and infrastructure assets. Satellogic’s vertically integrated model covers end?to?end capabilities, from satellite development and deployment to data processing and analytics, allowing clients to access imagery and insights on demand.

Key offerings include geospatial data products, analytics services and software tools that leverage machine learning algorithms to interpret changes on Earth’s surface.