Brokerages Set HawkEye 360, Inc. (NYSE:HAWK) PT at $36.89

HawkEye 360, Inc. (NYSE:HAWK) has earned a consensus recommendation of “Moderate Buy” from the eleven ratings firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, seven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $36.5556.

HAWK has been the topic of a number of recent analyst reports. William Blair started coverage on HawkEye 360 in a report on Monday, June 1st. They set an “outperform” rating on the stock. Raymond James Financial started coverage on shares of HawkEye 360 in a research report on Monday, June 1st. They issued a “strong-buy” rating and a $40.00 price target on the stock. UBS Group set a $42.00 price objective on shares of HawkEye 360 in a report on Monday, June 1st. Craig Hallum initiated coverage on shares of HawkEye 360 in a research note on Monday, July 27th. They issued a “buy” rating and a $25.00 target price for the company. Finally, Bank of America initiated coverage on shares of HawkEye 360 in a report on Monday, June 1st. They issued a “neutral” rating and a $34.00 target price on the stock.

HawkEye 360 Stock Performance

HAWK stock opened at $21.43 on Friday. HawkEye 360 has a twelve month low of $17.02 and a twelve month high of $35.73. The firm has a market cap of $2.10 billion, a P/E ratio of -11.46 and a beta of 0.72. The company has a fifty day moving average of $21.49.

HawkEye 360 (NYSE:HAWK) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($0.07) EPS for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.06. The company had revenue of $49.81 million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in HawkEye 360 stock. Alyeska Investment Group L.P. bought a new stake in HawkEye 360, Inc. (NYSE:HAWK) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 265,000 shares of the company’s stock, valued at approximately $5,358,000. Alyeska Investment Group L.P. owned 0.27% of HawkEye 360 at the end of the most recent quarter. Institutional investors and hedge funds own 90.74% of the company’s stock.

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.