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HawkEye 360HAWKDON'T BUYJun 12, 2026Stock price when the opinion was issued
It just went public at $26, now $33. These use satellites to gather intelligence around the world, then processes that data through its own platform. Their technology is used in the Ukraine and Middle East wars. They have a large, decades-worth of data to train algorithms. 61% of their business lies with the US government. In 2025, they had 74% sales growth and estimated in Q1 to 118%. They posted a net loss in 2024 to a tiny profit last year. Their backlog has exploded in recent years. It trades at a high 26x 2025 revenue, not earnings, but reasonable compared to peers.
Is down 30% this year. He was wrong about this. Is selling off now, he thinks, so that people can buy SpaceX.