HawkEye 360, Inc. (NYSE:HAWK) Receives Average Recommendation of “Moderate Buy” from Brokerages

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

A number of research analysts have issued reports on HAWK shares. Raymond James Financial began coverage on HawkEye 360 in a research note on Monday, June 1st. They issued a “strong-buy” rating and a $40.00 price objective for the company. Wall Street Zen raised shares of HawkEye 360 from a “strong sell” rating to a “sell” rating in a report on Monday, June 22nd. Robert W. Baird assumed coverage on HawkEye 360 in a research note on Monday, June 1st. They issued an “outperform” rating and a $41.00 price objective on the stock. Jefferies Financial Group upgraded shares of HawkEye 360 from a “hold” rating to a “buy” rating and set a $34.00 target price for the company in a research note on Monday, June 15th. Finally, Bank of America initiated coverage on shares of HawkEye 360 in a research report on Monday, June 1st. They issued a “neutral” rating and a $34.00 price target on the stock.

Insider Buying and Selling at HawkEye 360

In other HawkEye 360 news, Director Francis Alphonse Finelli purchased 9,615 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was purchased at an average price of $26.00 per share, for a total transaction of $249,990.00. Following the transaction, the director owned 9,615 shares in the company, valued at $249,990. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 3.80% of the stock is currently owned by insiders.

HawkEye 360 Price Performance

Shares of NYSE HAWK opened at $21.03 on Friday. The stock has a market cap of $2.06 billion, a P/E ratio of -11.46 and a beta of 0.72. The business has a 50 day simple moving average of $27.31. HawkEye 360 has a twelve month low of $18.71 and a twelve month high of $35.73.

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

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.