Analysts Set HawkEye 360, Inc. (NYSE:HAWK) Target Price at $41.20

HawkEye 360, Inc. (NYSE:HAWK) has been given a consensus recommendation of “Moderate Buy” by the nine ratings firms that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $39.25.

Several equities analysts have commented on the stock. The Goldman Sachs Group assumed coverage on shares of HawkEye 360 in a research note on Monday, June 1st. They set a “buy” rating and a $42.00 target price on the stock. Royal Bank Of Canada assumed coverage on HawkEye 360 in a research note on Monday, June 1st. They issued an “outperform” rating and a $40.00 price target on the stock. Zacks Research raised shares of HawkEye 360 to a “hold” rating in a research note on Tuesday, June 2nd. Raymond James Financial initiated coverage on shares of HawkEye 360 in a research note on Monday, June 1st. They issued a “strong-buy” rating and a $40.00 price objective on the stock. Finally, Jefferies Financial Group began coverage on HawkEye 360 in a research note on Monday, June 1st. They issued a “hold” rating and a $34.00 target price on the stock.

Insider Transactions at HawkEye 360

In related news, Director Francis Alphonse Finelli acquired 9,615 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were bought at an average price of $26.00 per share, for a total transaction of $249,990.00. Following the acquisition, the director owned 9,615 shares in the company, valued at $249,990. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 3.80% of the stock is owned by company insiders.

HawkEye 360 Trading Down 0.7%

HAWK opened at $25.01 on Monday. The stock has a market cap of $2.33 billion, a P/E ratio of -11.46 and a beta of 0.72. HawkEye 360 has a fifty-two week low of $24.43 and a fifty-two week high of $35.73.

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.