HawkEye 360 (NYSE:HAWK) Rating Increased to Strong-Buy at Robert W. Baird

Robert W. Baird upgraded shares of HawkEye 360 (NYSE:HAWK) to a strong-buy rating in a research note issued to investors on Monday,Zacks.com reports.

Several other research firms have also recently issued reports on HAWK. Jefferies Financial Group began coverage on shares of HawkEye 360 in a research note on Monday. They issued a “hold” rating and a $34.00 target price for the company. Morgan Stanley assumed coverage on shares of HawkEye 360 in a report on Monday. They issued an “overweight” rating and a $41.00 price objective for the company. Raymond James Financial initiated coverage on shares of HawkEye 360 in a research note on Monday. They set a “strong-buy” rating and a $40.00 target price on the stock. Wall Street Zen upgraded HawkEye 360 to a “hold” rating in a research report on Saturday, May 16th. Finally, William Blair started coverage on HawkEye 360 in a report on Monday. They issued an “outperform” rating for the company. Three research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus 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 company has a market capitalization of $2.94 billion, a price-to-earnings ratio of -11.46 and a beta of 0.72.

Insider Buying and Selling at HawkEye 360

In related news, Director Francis Alphonse Finelli purchased 9,615 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were purchased at an average cost of $26.00 per share, with a total value of $249,990.00. Following the purchase, the director owned 9,615 shares of the company’s stock, valued at $249,990. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.80% of the stock is currently owned by company insiders.

About HawkEye 360

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.