The increased analyst price target from H.C. Wainwright should support the breakout of space stock BlackSky Technology. The upside potential is 40%.

BlackSky Technology (BKSY) is one of the strong space stocks that has managed to break out during the week. Founded in 2014, the company offers space-based real-time imaging and analysis services, with a focus on subscription-based satellite imagery (Gen-2, Gen-3) and AI-driven analytics. The offering is complemented by professional engineering services and the modernization of ground segments at the customer's site. The company owns vertically integrated space technology, including its own satellite development and AI platforms. Revenue is distributed...