Celsius last two week scanner data 'robust,' says Morgan Stanley » 08:31 CELH Magnite price target raised by $11 at Wells Fargo, » 07:46 MGNI SoFi Technologies price target raised by $6 at Barclays, » 07:44 SOFI Maze Therapeutics initiated with bullish view at Wedbush » 06:58 MAZE H.C. Wainwright raises BlackSky Technology stock price target to $28 on Gen-3 satellite growth
H.C. Wainwright projects a significant acceleration in BlackSky’s revenue growth, forecasting 29.3% growth for 2025 compared to 8.0% in 2024. The firm noted that BlackSky’s Gen-3 satellites deliver improved imagery capabilities and AI software analytics, which should unlock additional revenue from the company’s current $366.0 million backlog. The research firm also highlighted increasing macro uncertainty and geopolitical tensions as potential new business catalysts for BlackSky, including higher defense spending from NATO countries and new regional conflicts. With gross margins exceeding 70%, H.C. Wainwright expects revenue growth coupled with modest operating expense increases to drive significant operating leverage.Investing Pro analysis confirms the company’s strong gross profit margins at 69.27% and reveals a healthy current ratio of 3.79, indicating solid short-term liquidity. BlackSky’s 2025 revenue guidance of between $125.0 million and $142.0 million supports H.C. Wainwright’s growth projections, with the firm forecasting adjusted EBITDA growth of 37.7% in 2025 and 122.1% in 2026. The firm expects positive news flow and stronger operating results in the second half of 2025 to drive further share outperformance. Recent analyst revisions have been positive, with two analysts raising their earnings estimates for the upcoming period. In other recent news, BlackSky Technology Inc. announced a significant development with the National Geospatial-Intelligence Agency, securing a $24 million contract for facility operational monitoring services. This four-year agreement involves AI-enabled monitoring of military and economic facilities worldwide, with an initial award of $2 million. The contract is part of a larger $290 million multi-award agreement, demonstrating BlackSky’s ongoing collaboration with national security agencies. Additionally, BlackSky plans to expand its satellite constellation by 2027 with new multispectral satellites aimed at supporting large-area mapping and other applications. This expansion follows the successful launch of two Gen-3 satellites, which have already demonstrated rapid delivery of high-resolution imagery. Canaccord Genuity responded to these advancements by raising its price target for BlackSky to $20, citing the company’s impressive satellite performance and expected priority in defense contracts. The research firm also increased its 2025 revenue estimate for BlackSky to $137 million, highlighting the potential for favorable changes in commercial imagery spending. BlackSky continues to enhance its capabilities with AI-driven analytics, providing critical real-time insights for defense and intelligence missions. RSI currently suggests overbought conditions.
I think I'm going to buy Parson's at the HF. i have to replace KTOS.// here is the purchase I referenced it looks good. Parsons Corporation (NYSE:PSN) announced Tuesday that it has acquiredMaryland-based Chesapeake Technologies International (CTI), a portfolio company of Bluestone Investment Partners, for $89 million. Founded in 2000 and based in Maryland, CTI develops advanced military solutions, enabling customers to sense and engage targetsthrough expertise in various technologies and transitioning prototypes to operational systems. The development boosts Parsons' defense capabilities for Special Operations and INDOPACOM with advanced technology solutions critical for modern warfare. This transaction is valued at approximately 10 times CTI's estimated 2026 adjusted EBITDA, with CTI projected to achieve $89 million in revenue in 2026. Parsons expects the transaction to be accretive to its fiscal year revenue growth rate, adjusted EBITDA margin, and adjusted diluted earnings per share. CTI's team will be integrated into Parsons' Defense & Intelligence business unit.
In a separate development, Parsons has teamed up with IBM(NYSE:IBM) to modernize the U.S. air traffic control system, aiming to overhaul the Federal Aviation Administration’s National Airspace System. Furthermore, Parsons secured a $169.5 million contract from the United States Army Corps of Engineers to build a new Ammonium Nitrate Solution Tank Farm at the Holston Army Ammunition Plant. This project is part of the U.S. Army’s initiative to modernize its organic industrial base.
Raymond James upgraded Parsons Corp. (NYSE:PSN), a $7.95 billion market cap defense and infrastructure company with 16.6% revenue growth, from Market Perform to Strong Buy and established a $90.00 price target. According to InvestingPro analysis, the stock appears slightly undervalued at current levels. The upgrade comes as Parsons shares have declined approximately 20% year-to-date, underperforming the S&P 500’s 6% gain during the same period, with multiple compression of about one turn. Raymond James believes Parsons’ estimates are now de-risked and sees several growth opportunities for the company, including potential contracts with the Federal Aviation Administration, missile defense initiatives (Golden Dome), and nuclear projects.
PSN Parsons Corporation $74.34-0.47(-0.63%)4:00 PM 07/07/25 NYSE |$USD |Pre-Market:$75.66+1.32(+1.78%)9:10 AM BEAM Beam Therapeutics Inc. $19.18-0.83(-4.15%)4:00 PM 07/07/25 NASDAQ |$USD |Pre-Market:$19.69+0.51(+2.66%)9:18 AM