HawkEye 360 (NYSE:HAWK) Stock Rating Upgraded by Wall Street Zen

HawkEye 360 (NYSE:HAWK) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday.

A number of other research analysts have also recently issued reports on the company. Robert W. Baird assumed coverage on HawkEye 360 in a research note on Monday, June 1st. They set an “outperform” rating and a $41.00 price objective on the stock. The Goldman Sachs Group initiated coverage on HawkEye 360 in a research note on Monday, June 1st. They issued a “buy” rating and a $42.00 target price for the company. Jefferies Financial Group upgraded HawkEye 360 from a “hold” rating to a “buy” rating and set a $34.00 target price for the company in a report on Monday, June 15th. Raymond James Financial started coverage on HawkEye 360 in a research note on Monday, June 1st. They issued a “strong-buy” rating and a $40.00 price target on the stock. Finally, Bank of America started coverage on HawkEye 360 in a research report on Monday, June 1st. They issued a “neutral” rating and a $34.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $36.89.

HawkEye 360 Price Performance

Shares of HawkEye 360 stock opened at $22.78 on Friday. HawkEye 360 has a 52-week low of $17.02 and a 52-week high of $35.73. The stock has a market cap of $2.23 billion, a PE ratio of -11.46 and a beta of 0.72. The firm has a fifty day simple moving average of $21.77.

HawkEye 360 (NYSE:HAWK) last released its earnings results on Thursday, August 13th. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.13) by $0.06. The business had revenue of $49.81 million for the quarter.

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.