HawkEye 360, Inc. (NYSE:HAWK) Receives Average Recommendation of “Moderate Buy” from Analysts

HawkEye 360, Inc. (NYSE:HAWK) has been assigned a consensus recommendation of “Moderate Buy” from the nine brokerages that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $38.3750.

HAWK has been the topic of a number of recent analyst reports. UBS Group set a $42.00 price objective on HawkEye 360 in a report on Monday, June 1st. Jefferies Financial Group upgraded shares of HawkEye 360 from a “hold” rating to a “buy” rating and set a $34.00 price target for the company in a report on Monday, June 15th. Zacks Research raised shares of HawkEye 360 to a “hold” rating in a report on Tuesday, June 2nd. Raymond James Financial initiated coverage on shares of HawkEye 360 in a report on Monday, June 1st. They issued a “strong-buy” rating and a $40.00 target price for the company. Finally, Bank of America assumed coverage on HawkEye 360 in a research note on Monday, June 1st. They set a “neutral” rating and a $34.00 price target on the stock.

Insider Buying and Selling

In other news, Director Francis Alphonse Finelli bought 9,615 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were bought at an average cost of $26.00 per share, for a total transaction of $249,990.00. Following the completion of the transaction, the director owned 9,615 shares in the company, valued at $249,990. This trade represents a ? increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.80% of the company’s stock.

HawkEye 360 Trading Down 6.6%

NYSE:HAWK opened at $17.45 on Tuesday. The stock has a market cap of $1.71 billion, a price-to-earnings ratio of -11.46 and a beta of 0.72. The firm has a fifty day moving average price of $25.03. HawkEye 360 has a 1-year low of $17.20 and a 1-year high of $35.73.

HawkEye 360 (NYSE:HAWK) last announced its quarterly earnings data on Monday, June 22nd. The company reported ($0.45) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.40). The company had revenue of $49.80 million for the quarter, compared to analysts’ expectations of $48.26 million.

HawkEye 360 Company Profile

HawkEye 360 is a U.S.-based geospatial intelligence company that operates a commercial satellite constellation and analytics platform focused on radio frequency (RF) data. The company collects and geolocates RF emissions from space using clusters of small satellites, turning raw signal detections into actionable datasets and insights. Its technology is designed to reveal signal sources and patterns that are difficult or impossible to observe with conventional remote sensing systems.

HawkEye 360 offers subscription access to geospatial RF datasets, on-demand tasking, and analytic services delivered through cloud-based tools and APIs.