HawkEye 360 (NYSE:HAWK) Rating Increased to Strong-Buy at The Goldman Sachs Group

HawkEye 360 (NYSE:HAWK) was upgraded by analysts at The Goldman Sachs Group to a “strong-buy” rating in a report issued on Monday,Zacks.com reports.

Several other research firms also recently weighed in on HAWK. Morgan Stanley began coverage on HawkEye 360 in a report on Monday. They issued an “overweight” rating and a $41.00 target price for the company. William Blair began coverage on HawkEye 360 in a report on Monday. They issued an “outperform” rating for the company. Robert W. Baird began coverage on HawkEye 360 in a report on Monday. They issued an “outperform” rating and a $41.00 target price for the company. Bank of America began coverage on HawkEye 360 in a report on Monday. They issued a “neutral” rating and a $34.00 target price for the company. Finally, Raymond James Financial began coverage on HawkEye 360 in a report on Monday. They issued a “strong-buy” rating and a $40.00 target price for the company. Three analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, HawkEye 360 currently has an average rating of “Buy” and a consensus target price of $39.25.

HawkEye 360 Stock Down 0.3%

NYSE:HAWK opened at $31.54 on Monday. The stock has a market cap of $2.94 billion, a PE ratio of -11.46 and a beta of 0.72. HawkEye 360 has a 1 year low of $28.83 and a 1 year high of $35.73.

Insider Transactions at HawkEye 360

In related news, Director Francis Alphonse Finelli purchased 9,615 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were purchased at an average price of $26.00 per share, for a total transaction of $249,990.00. Following the transaction, the director directly owned 9,615 shares of the company’s stock, valued at approximately $249,990. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 3.80% of the stock is owned by company 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.