HawkEye 360, Inc. (HAWK)
Information Technology · Defense Technology / Aerospace & Defense · NYSE
HawkEye 360 is a space-based signals intelligence provider delivering high-fidelity radio frequency data and analytics to national security and defense customers worldwide.
What HawkEye 360, Inc. does
HawkEye 360 is a defense technology company that provides end-to-end signals intelligence (SIGINT) solutions to U.S. and allied governments. The company designs, builds, and operates a constellation of satellites to collect radio frequency (RF) data, which it processes and analyzes to provide actionable insights for national security and military missions. Its platform covers the entire value chain from orbital data collection to proprietary AI/ML-driven analytics.
Themes: defense technology, signals intelligence / SIGINT, space-based data / space economy, AI/ML analytics, national security architectures, electronic warfare
Fundamentals
- Price$11.85 as of 2026-10-21 close
- Market cap$1.2B as of 2026-08-10 (share count; price 2026-10-21)
- 1-year returnn/a our price history for this company shows an unadjusted split or scale break
- P/En/a earnings data not available
- ROICn/a No figure: its 10-K tags no operating income.
- Debt / equityn/a No figure: its interest expense implies more borrowing than the debt lines we read add up to.
- Beta1.05 as of 2026-09-03
- Last reported earnings2026-08-13 SEC EDGAR Form 8-K (Item 2.02)
Quarterly results
Balance sheet at 2026-06-30
- Cash and equivalents$503M
- Total debtnot shown the filing tags none of the debt lines we read — not evidence of zero debt
From the company's own SEC 10-Q and 10-K filings (XBRL), re-read every week. Figures in US dollars as filed; informational only — not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.27 mean, 1=Strong Buy…5=Strong Sell) — 10 analysts
- Mean price target$30.70 range $22.00 – $41.00; median $29.50
Analyst estimates, as of 2026-10-16. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for HAWK
- Consensus EPS estimate$0.01667 next reporting period, as of 2026-10-16
- Estimate change, 30 days+$0.00167 from $0.015, on 2026-09-11, 35-day window
- Readings revised upward13% of 8 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Dependency on government contracts and complex procurement cycles","Risks associated with space operations and satellite constellation management","Stringent regulatory requirements for exporting defense-related technology and data"]
What changed in the latest 10-Q
AI-assisted comparison of HAWK's 10-Q filed 2026-08-14 against the prior one filed 2026-06-22.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing adds statement that following the acquisition of ISA, the company provides advanced signal processing solutions for critical national systems in support of the US intelligence community.
- Newer filing adds reference to Registration Statement on Form S-1 (File No. 333-294965) for a more complete description of business, go-to-market strategy, and product offerings.
- Newer filing adds a new subsection titled "U.S. and International Go-to-Market Strategy" describing domestic and international sales approach, including use of flexible contract vehicles, local resellers, exclusive reseller arrangements, and engagement with U.S. Government embassy, White House, and State personnel.
- Newer filing adds a new subsection titled ""Land and Expand" Sales Motion" detailing sales motion, customer solution composition, Technical Assistance Agreements for commercial export, and expanded consumption metrics.
- Newer filing adds paragraph about legacy ISA team reputation, Engineering Change Proposals (ECPs), and pipeline of opportunities tied to renewal of enduring programs, next generation architecture, edge processing, and delivery of exquisite payloads.
- Newer filing adds a new section titled "Customer Relationships" describing mission-critical platform, long history serving customers, and long-term nature of customer relationships.
- Removed:
- Older filing includes description of company as first commercial space-enabled defense technology company to disrupt electronic warfare at scale, which is not present in newer filing.
- Older filing includes discussion of disrupting defense technology industry through transformational strategy focused on new on-orbit capabilities, signal processing enhancements, and optimization of AI/ML analytics algorithms using expansive RF emitter database.
- Older filing includes description of algorithms designed, improved, and validated on over one billion data points from proprietary signals archive.
- Older filing includes discussion of operating across classified and unclassified data and relationships with the Department of War ("DoW") and U.S. intelligence community.
- Older filing includes description of scalable, cost-effective financial model, dual-domain capability, and active augmentation of intelligence gaps including training, analytics, dedicated hardware development, and customized intelligence platforms.
- Older filing includes description of vertical integration and network effects, and statement that business model is highly capital-efficient.
- Older filing includes single segment reporting discussion.
- Older filing includes specific financial figures: revenue growth from $23.0 million to $49.8 million for three months ended March 31, 2025 to 2026; net loss of $9.0 million and $1.6 million; Adjusted EBITDA gain of $7.4 million and $3.8 million.
- Older filing includes discussion of low-latency payloads, Block 3 satellite technology, expanding signal processing sources, and re-selling subscription data as revenue initiatives.
- Older filing includes discussion of revenue quality initiatives including enhancing RF capabilities, improving latency and tactical applications, and growing RF utilization across domains.
- Older filing includes a "Our Business Model" section heading and discussion of tailored solutions, data licensing opportunities, and product and service delivery details.
- Reworded:
- Overview paragraph revised: newer filing describes company as providing end-to-end signals intelligence solutions, while older filing describes providing secure end-to-end signals solutions tightly integrated into national security architectures; newer removes 'first commercial space-enabled defense technology company' language and 'battlefield-proven' description.
- Constellation description revised: newer states 'over 30 satellites on orbit that we designed and built', while older states 'With over 30 satellites on orbit and additional clusters in development'.
- Go-to-market strategy description moved and revised: older had 'We have developed a go-to-market strategy...' in overview-related content, newer places 'We have developed a sophisticated go-to-market strategy...' under new subsection with modified wording including proactive addressing of customer needs and immediate realization of benefits.
- Customer engagement description revised: older describes data delivery occurring through customer-tasked signal collection and analytics and customer relationships beginning with discrete tasks; newer repeats similar statement but truncated in provided text.
- Newer filing ends with 'Customer Relationships' section stating long-term nature of customer relationships drives meaningful predictability and visibi (truncated); older filing ends with 'Our customer relationships begin with discrete tasks, and e' (truncated).
- Notes:
- Both provided texts are truncated at the end; newer filing ends mid-sentence ('visibi'), older filing ends mid-sentence ('and e'), so content after those points is not assessable.
- The newer filing appears to have omitted or extensively rewritten multiple paragraphs present in the older filing; comparison reflects only the text portions actually provided.
Risk Factors
- Reworded:
- In the newer filing (filed 2026-08-14), the standalone term "RF" in the phrase "the global RF exploitation market" appears without the parenthetical definition "("RF")"; in the older filing (filed 2026-06-22), the same phrase reads "the global radio frequency ("RF") exploitation market".
- Notes:
- Only the provided excerpts were compared; the full Risk Factors sections may contain additional changes beyond the truncated text.
- The newer excerpt appears truncated mid-sentence ("such as the risks and uncertaintie") and the older excerpt appears similarly truncated ("such as the ri"), limiting comparison of the full substantive risk discussions.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 5 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-16. The 6 days since 2026-10-16 have not been checked yet.
- Last 30 days · read to 2026-10-160 buys · 1 sell ($1M) — 1 selling insider
- Last 90 days · read to 2026-10-160 buys · 5 sells ($3M) — 4 selling insiders
- Last 180 days · read to 2026-10-164 buys ($769990) · 5 sells ($3M) — 1 buying, 4 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-10-01. Based on Form 4 filings read through 2026-10-16; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about HAWK's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
3 institutional 13F filers reported holding HAWK as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 3
- Reported shares held 4,665,756
- Reported value $94,341,588
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about HAWK's institutional holders → See what each manager we track holds →
Short interest (FINRA)
HAWK had 3,610,704 shares of reported short interest as of the 2026-09-30 FINRA settlement date (delayed, bi-monthly; not real-time).
HAWK had 3.69% of its shares outstanding sold short as of the 2026-09-30 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 2.45 days to cover at the same settlement.
- Reported short interest (shares) 3,610,704
- Short interest (% of shares outstanding) 3.69%
- Prior settlement (shares) 4,159,131
- Reported change -13.19%
- Days to cover (reported) 2.45
Reported to FINRA as of the 2026-09-30 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- BlackSky Technology (BKSY)
- Planet Labs (PL)
- Maxar Technologies
- Spire Global (SPIR)
- ICEYE
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does HawkEye 360, Inc. (HAWK) do?
HawkEye 360 is a defense technology company that provides end-to-end signals intelligence (SIGINT) solutions to U.S. and allied governments. The company designs, builds, and operates a constellation of satellites to collect radio frequency (RF) data, which it processes and analyzes to provide actionable insights for national security and military missions. Its platform covers the entire value chain from orbital data collection to proprietary AI/ML-driven analytics.
What sector is HawkEye 360, Inc. (HAWK) in?
HawkEye 360, Inc. (HAWK) is classified in the Information Technology sector. Its industry is Defense Technology / Aerospace & Defense. It trades on NYSE.
Who are HawkEye 360, Inc.'s (HAWK) competitors?
Notable peers of HawkEye 360, Inc. (HAWK) include BlackSky Technology, Planet Labs, Maxar Technologies, Spire Global and ICEYE. This peer set is informational only — not financial advice.
Where does stocks-llm's data on HAWK come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.