Raymond James Financial Upgrades HawkEye 360 (NYSE:HAWK) to “Strong-Buy”

HawkEye 360 (NYSE:HAWK) was upgraded by stock analysts at Raymond James Financial to a “strong-buy” rating in a report issued on Monday,Zacks.com reports.

Other analysts also recently issued reports about the company. UBS Group set a $42.00 price target on HawkEye 360 in a report on Monday. Bank of America initiated coverage on HawkEye 360 in a report on Monday. They issued a “neutral” rating and a $34.00 price target for the company. Royal Bank Of Canada initiated coverage on HawkEye 360 in a report on Monday. They issued an “outperform” rating and a $40.00 price target for the company. Morgan Stanley initiated coverage on HawkEye 360 in a report on Monday. They issued an “overweight” rating and a $41.00 price target for the company. Finally, William Blair initiated coverage on HawkEye 360 in a report on Monday. They issued an “outperform” rating for the company. Three investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $39.25.

HawkEye 360 Price Performance

Shares of NYSE HAWK opened at $31.54 on Monday. HawkEye 360 has a 12-month low of $28.83 and a 12-month high of $35.73. The firm has a market capitalization of $2.94 billion, a P/E ratio of -11.46 and a beta of 0.72.

Insider Buying and Selling at HawkEye 360

In other HawkEye 360 news, Director Francis Alphonse Finelli bought 9,615 shares of the stock in a transaction dated Friday, May 8th. The stock was bought at an average cost of $26.00 per share, for a total transaction of $249,990.00. Following the completion of the purchase, the director directly owned 9,615 shares of the company’s stock, valued at approximately $249,990. The trade was a ? increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 3.80% of the stock is owned by corporate insiders.

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.