HawkEye 360, Inc. (NYSE:HAWK) Given Average Rating of “Moderate Buy” by Brokerages

Shares of HawkEye 360, Inc. (NYSE:HAWK) have been assigned an average rating of “Moderate Buy” from the nine brokerages that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $38.3750.

A number of analysts have weighed in on HAWK shares. William Blair started coverage on shares of HawkEye 360 in a report on Monday, June 1st. They issued an “outperform” rating for the company. Robert W. Baird started coverage on shares of HawkEye 360 in a report on Monday, June 1st. They issued an “outperform” rating and a $41.00 price target for the company. Bank of America started coverage on shares of HawkEye 360 in a report on Monday, June 1st. They issued a “neutral” rating and a $34.00 price target for the company. The Goldman Sachs Group started coverage on shares of HawkEye 360 in a report on Monday, June 1st. They issued a “buy” rating and a $42.00 price target for the company. Finally, Morgan Stanley started coverage on shares of HawkEye 360 in a report on Monday, June 1st. They issued an “overweight” rating and a $41.00 price target for the company.

Insider Activity

In other HawkEye 360 news, Director Francis Alphonse Finelli acquired 9,615 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was bought at an average price of $26.00 per share, for a total transaction of $249,990.00. Following the purchase, the director owned 9,615 shares in the company, valued at $249,990. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 3.80% of the company’s stock.

HawkEye 360 Stock Down 6.9%

Shares of HawkEye 360 stock opened at $20.20 on Friday. HawkEye 360 has a fifty-two week low of $18.71 and a fifty-two week high of $35.73. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of -11.46 and a beta of 0.72.

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

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.