How to buy Blacksky Technology stock

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BlackSky Technology, a satellite imagery and geospatial intelligence company, has gone public following the successful completion of its merger with Osprey Technology Acquisition Corp. II, a special purpose acquisition company (SPAC).

Here's what we know about the merger and how investors in Canada can buy BlackSky (BKSY) stock.

How to buy shares in Blacksky Technology

Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
Fund your account. Add money to your account via bank transfer, debit card or credit card.
Search the platform by ticker symbol. BKSY in this case.
Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
Submit the order. It's that simple.

The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

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Is it a good time to buy Blacksky Technology stock?

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Blacksky Technology's price performance, share price volatility, historical data and technicals.

Use our graph to track the performance of BKSY stock over time.

Historical closes compared with the last close of $6.12

1 week (2024-11-12)	0.82%
1 month (2024-10-19)	21.43%
3 months (2024-08-19)	-34.62%
6 months (2024-05-19)	-39.29%
1 year (2023-11-19)	-41.15%
2 years (2022-11-19)	-53.07%
3 years (2021-11-19)	-92.62%
5 years (2019-11-19)

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Is Blacksky Technology under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Blacksky Technology P/E ratio, PEG ratio and EBITDA.

Blacksky Technology's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 0x. In other words, Blacksky Technology's stocks trade at around 0x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

However, Blacksky Technology's P/E ratio is best considered in relation to those of others within the industry or those of similar companies.

Loral Space-and-Communications (LORL.US): 11.19
Maxar Technologies (MAXR.US): 0.00
Virgin Galactic (SPCE.US): 0.00

Blacksky Technology's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give None. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Blacksky Technology's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

However, it's sensible to consider Blacksky Technology's PEG ratio in relation to those of similar companies.

Maxar Technologies (MAXR.US): 0.00
Virgin Galactic (SPCE.US): 0.00

Blacksky Technology's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $327,000 ($1 CAD).

The EBITDA is a measure of Blacksky Technology's overall financial performance and is widely used to measure a its profitability.

To put that into context you can compare it against similar companies.

Loral Space-and-Communications (LORL.US): USD$-6896000
Maxar Technologies (MAXR.US): USD$286 million
Virgin Galactic (SPCE.US): USD$-389600992

Frequently asked questions

Blacksky Technology's shares were split on a 1:8 basis on 8 September 2024. So if you had owned 8 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Blacksky Technology shares – just the quantity. However, indirectly, the new 700% higher share price could have impacted the market appetite for Blacksky Technology shares which in turn could have impacted Blacksky Technology's share price.
It's as easy to sell Blacksky Technology as it is to buy! Here's how to sell Blacksky Technology stocks that you already own.
1. Open your investment app. If you've got one with desktop access, you can log in online
2. Go to your portfolio. This should be in the main menu
3. Find your shares. You may be able to search your portfolio
4. Choose how many you'd like to sell. You'll be able to review the price and see how much you'll receive
5. Sell your Blacksky Technology shares. Your investment platform will let you know when your shares are sold

Blacksky Technology financials

Revenue TTM	$107.2 million
Gross profit TTM	$29.5 million
Return on assets TTM	-11.69%
Return on equity TTM	-41.09%
Profit margin	-38.78%
Book value	$3.62
Market capitalisation	$269.3 million

TTM: trailing 12 months

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