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Changes Include Canada Segment, Hong Kong, AI and Data, and Technology and Operations New Team Structure Enables Execution Against Strategic Priorities for Long-term Growth TORONTO, May 21, 2026 /PRNewswire/ - Manulife has announced changes to its executive and senior leadership teams across Canada, Hong Kong, AI and Data, and Technology and Operations to enable sustainable, long-term growth as the company executes its refreshed enterprise strategy. "These important leadership changes ensure we have the right capabilities, both at the enterprise level and in our key markets of Canada and Hong Kong, to achieve our bold ambition and deliver against our new strategic priorities," said Phil Witherington, President and CEO of Manulife.

Manulife stock sold off almost 6% after Q1 2026 earnings on a single line item, while its Asia core earnings grew 22% and NBV 15%. The residual income valuation model anchored on Damodaran's industry beta puts intrinsic value at C$76 vs. C$52; on per-name beta, roughly fair. MFC's reported P/B of 2.0x ignores C$25.6B of net CSM. On adjusted book value, MFC trades at 1.3x.

Indexes for US equity real estate investment trusts fell further alongside the broader stock market during the week ended March 13. The Dow Jones Equity All REIT index closed the recent week down 1.52%, while the S&P 500 and Dow Jones Industrial Average fell 1.60% and 1.99%, respectively. The healthcare REIT index was the only property sector index to rise and was up 1.17%.

NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it will issue a press release containing its first quarter 2026 financial results after the Nasdaq closes on Monday, May 4, 2026. On Tuesday, May 5, 2026 at 10:00 a.m. Eastern Time, President and Chief Executive Officer Christopher Bilotto, Chief Financial Officer and Treasurer Matthew Brown and Vice President Anthony Paula will host a conference call to discuss these results. The conference call tel.

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NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended March 31, 2026, which can be found at the Quarterly Reports section of DHC's website at https://www.dhcreit.com/investors/financial-information/quarterly/default.aspx.

A conference call to discuss DHC's first quarter 2026 financial results will be held on Tuesday, May 5, 2026 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 329-4297 or (412) 317-5435 (if calling from outside the United States and Canada); a pass code is not required. A replay will be available for one week by dialing (855) 669-9658; the replay pass code is 1482489. A live audio webcast of the conference call will also be available in a listen-only mode on DHC's website, at www.dhcreit.com. The archived webcast will be available for replay on DHC's website after the call. The transcription, recording and retransmission in any way of DHC's first quarter conference call are strictly prohibited without the prior written consent of DHC.

About Diversified Healthcare Trust:

DHC is a real estate investment trust focused on owning high-quality healthcare properties located throughout the United States. DHC seeks diversification across the health services spectrum by care delivery and practice type, by scientific research disciplines and by property type and location. As of March 31, 2026, DHC’s approximately $6.2 billion portfolio included 285 properties in 33 states and Washington, D.C., with 23,901 senior living units, approximately 5.6 million square feet of medical office and life science properties and occupied by approximately 250 tenants. DHC is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $37 billion in assets under management as of March 31, 2026 and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. DHC is headquartered in Newton, MA. For more information, visit www.dhcreit.com.

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

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Diversified Healthcare Trust (DHC) Q1 2026 Earnings Call Transcript

May 25, 2026 08:44 ET  | Source: Canadian Commercial Corporation

OTTAWA, May 25, 2026 (GLOBE NEWSWIRE) -- CCC is pleased to announce that De Havilland Canada (DHC) is on track to deliver the world’s most advanced, purpose‑built waterbomber to European partners. In 2024, CCC signed government-to-government (G2G) contracts with six European countries for the first twenty (22) Canadair 515. The G2G contract is the largest purchase order in DHC’s history, generating thousands of direct and indirect jobs across Canada.

DHC's Canadair 515 program continues to advance, marking an important milestone in Canada’s contribution to global aerial firefighting capabilities. Designed and manufactured in Canada, the 515 builds on the proven Canadair aerial firefighter lineage while incorporating modern avionics, enhanced safety features and updated production standards. The aircraft is purpose‑built to respond to the growing operational demands faced by firefighting agencies, as climate‑driven wildfire risks continue to escalate globally.

CCC’s G2G contracting approach helped secure six individual government contracts, providing the certainty and scale necessary for DHC to establish the new Canadair 515 production line in Canada. As Prime Contractor, CCC is proud to work alongside DHC to ensure timely, reliable delivery of these next‑generation aircraft. Through this collaboration, CCC is helping align international requirements with Canadian industrial capacity, strengthening global wildfire response while supporting skilled jobs and advanced manufacturing at home.

The Canadair 515 program reinforces the Canada’s leadership in specialized aircraft manufacturing. As production progresses, CCC and DHC remain focused on meeting customer requirements, while upholding the highest standards of quality, safety and performance.

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CCC celebrates production launch of De Havilland Canadair 515
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About CCC

CCC is Canada’s government to government contracting agency. We help build successful commercial relationships between Canadian businesses and governments around the world through our government-to-government contracting approach. We are also the U.S. Department of Defense designated contracting authority for procurements from Canada. To learn more about how we have facilitated billions in trade between Canadian businesses and governments around the world, visit ccc.ca.

Diversified Healthcare Trust Announces Increase to 2026 Guidance as Cost Savings from Recent Operator Transitions Accelerate Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has increased its full year 2026 guidance, driven by disciplined expense management, procurement efficiencies and cost savings from recent operator transitions, as well as continued improvements across its senior housing operating portfolio (“SHOP”).

DHC now expects full year 2026 SHOP net operating income (“NOI”) to be in the range of $185 million to $195 million, an increase from its prior guidance range, issued on February 23, 2026 and confirmed most recently on May 4, 2026, of $175 million to $185 million. As a result, DHC now expects 2026 total NOI to be in the range of $307 million to $323 million, compared to its prior guidance range of $297 million to $313 million, and Adjusted EBITDAre is now expected to be between $300 million and $315 million, a $10 million increase at the midpoint. Normalized funds from operations (“Normalized FFO”) per share is now expected to be in the range of $0.56 to $0.62, a $0.04 increase at the midpoint.

Chris Bilotto, President and Chief Executive Officer of DHC, made the following statement:

“Our increased 2026 NOI guidance reflects strong execution across our SHOP portfolio, including disciplined expense management and the early benefits of our recent operator transitions. We are realizing meaningful cost efficiencies, particularly within food and beverage and labor, while continuing to drive revenue growth through occupancy gains and rate increases. We expect these operational improvements to continue throughout 2026, supported by active asset management and favorable industry fundamentals, including sustained demand and limited new supply. We believe this positions us to deliver continued margin expansion and achieve our revised NOI guidance for the remainder of 2026.”

DHC’s updated SHOP NOI guidance assumes approximately 300 basis points of year-over-year occupancy growth, revenue growth of approximately 8.0%, and average monthly rate increases of approximately 5.3%, partially offset by operating expense growth of approximately 4.5%. An updated investor presentation reflecting DHC’s revised guidance and assumptions can be accessed on the Investors section of DHC’s website at www.dhcreit.com. DHC does not provide a reconciliation of non-generally accepted accounting principles (“GAAP”) measures that it discloses as part of its annual guidance or long term outlook because certain significant information required for such reconciliation is not available without unreasonable efforts, or at all, including, most notably, impairment of assets, gain (loss) on sale of properties, loss on modification or early extinguishment of debt and equity in net earnings of investees. These items that would be contained in the comparable GAAP measures are not indicative of DHC’s ongoing operations, are uncertain, depend on various factors, and could have a material impact on DHC’s GAAP results for the guidance period.

About Diversified Healthcare Trust

DHC is a real estate investment trust focused on owning high-quality healthcare properties located throughout the United States. DHC seeks diversification across the health services spectrum by care delivery and practice type, by scientific research disciplines and by property type and location. As of March 31, 2026, DHC’s approximately $6.2 billion portfolio included 285 properties in 33 states and Washington, D.C., with 23,901 senior living units, approximately 5.6 million square feet of medical office and life science properties and occupied by approximately 250 tenants. DHC is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $37 billion in assets under management as of March 31, 2026 and 40 years of institutional experience in buying, selling, financing and operating commercial real estate. DHC is headquartered in Newton, MA. For more information, visit www.dhcreit.com.

WARNING CONCERNING FORWARD-LOOKING STATEMENTS

This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. Also, whenever DHC uses words such as “believe”, “expect”, “anticipate”, “seek”, “intend”, “plan”, “estimate”, “will”, “may” and negatives or derivatives of these or similar expressions, DHC is making forward-looking statements. These forward-looking statements are based upon DHC’s present intent, beliefs or expectations, but forward-looking statements are not guaranteed to occur and may not occur. For example:

This press release includes DHC’s full year 2026 guidance, including with respect to NOI, Adjusted EBITDAre and Normalized FFO. However, DHC’s guidance is based on certain assumptions, which may not occur. As a result, DHC may not achieve the expected results provided in its guidance. Mr. Bilotto made statements in this press release regarding strong execution across DHC’s SHOP portfolio and expected operational improvements, active asset management and favorable industry fundamentals. However, DHC may not be able to continue to realize cost efficiencies and drive revenue growth through occupancy gains and rate increases as and/or when expected. Further, DHC cannot be sure that industry fundamentals will remain favorable. As result, DHC may not be able to deliver continued margin expansion in the SHOP portfolio and achieve its revised guidance for the remainder of 2026. Actual results may differ materially from those contained in or implied by DHC’s forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors, some of which are beyond DHC’s control.

The information contained in DHC’s filings with the Securities and Exchange Commission (the “SEC”), including under “Risk Factors” in DHC’s periodic reports, or incorporated therein, identifies other important factors that could cause DHC’s actual results to differ materially from those stated in or implied by DHC’s forward-looking statements. DHC’s filings with the SEC are available on the SEC’s website at www.sec.gov.

You should not place undue reliance upon forward-looking statements.

Except as required by law, DHC does not intend to update or change any forward-looking statements as a result of new information, future events or otherwise.‎

A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260601854107/en/

Diversified Healthcare (DHC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in FFO estimate revisions may not translate into further price increase in the near term.

BlackSky Technology Inc. (BKSY - Free Report) came out with a quarterly loss of $0.82 per share versus the Zacks Consensus Estimate of a loss of $0.37. This compares to a loss of $0.42 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -120.13%. A quarter ago, it was expected that this company would post a loss of $0.25 per share when it actually produced a loss of $0.19, delivering a surprise of +24%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

BlackSky Technology, which belongs to the Zacks Technology Services industry, posted revenues of $20.77 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 26.66%. This compares to year-ago revenues of $29.54 million. The company has not been able to beat consensus revenue estimates over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

BlackSky Technology shares have added about 116.1% since the beginning of the year versus the S&P 500's gain of 7.6%.

What's Next for BlackSky Technology?While BlackSky Technology has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for BlackSky Technology was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.38 on $30.65 million in revenues for the coming quarter and -$1.33 on $133.86 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Technology Services is currently in the bottom 27% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, QXO, Inc. (QXO - Free Report) , has yet to report results for the quarter ended March 2026.

This company is expected to post quarterly loss of $0.09 per share in its upcoming report, which represents a year-over-year change of -200%. The consensus EPS estimate for the quarter has been revised 14.7% higher over the last 30 days to the current level.

QXO, Inc.'s revenues are expected to be $1.72 billion, up 12622.1% from the year-ago quarter.

Dallas, Texas--(Newsfile Corp. - May 7, 2026) - BlackSky Technology, Inc. (NYSE: BKSY): Stonegate Capital Partners Updates Coverage on BlackSky Technology, Inc. (NYSE: BKSY). BKSY's 1Q26 marked a clearer Gen-3 commercialization inflection, with accelerating sovereign contract adoption, improving in-year revenue visibility, and management raising FY26 revenue and adj.

Space stocks were in focus this week as earnings reports highlighted surging defense demand, growing satellite and launch backlogs,and continued investment in next-generation space infrastructure. 

While several companies posted record revenue or raised guidance, losses remained a theme across the sector as firms scale production and chase defense and national security opportunities.

RKLB stock is soaring. See the chart and price action here.  Voyager TechnologiesCEO Dylan Taylor called 2025 "a transformational year," saying demand across "defense, national security and space continues to accelerate." 

He added that Voyager is entering 2026 "from a position of strength," focused on converting demand into "sustained revenue growth and long-term shareholder value."

CEO Jason Kim said "momentum defined Firefly's first quarter," citing Golden Dome work, Blue Ghost milestones, Alpha Flight 7 and a U.S. Space Force demonstration. 

Kim said the company remains focused on scaling production for "frequent landings on the Moon, a regular launch cadence, and critical national security missions."

RedwireCEO Peter Cannito said "very strong demand" and wins including the $1.8 billion Andromeda IDIQ show Redwire has "many pathways to success." 

CFO Chris Edmunds pointed to gross margin improvement to 26.6% and said Redwire is reaffirming 2026 revenue guidance of $450 million to $500 million.

Rocket LabRocket Lab Corp. (NASDAQ:RKLB) delivered record Q1 revenue of $200.3 million, up 63.5% year over year, and backlog of more than $2.2 billion. 

Founder and CEO Peter Beck said, "With revenue, we topped $200 million in the quarter for the first time," and called gross margins "excellent" at 38.2% GAAP and 43% non-GAAP.  Rocket Lab guided Q2 revenue to $225 million to $240 million.

RKLB shares were up 25% on Friday, according to Benzinga Pro data. 

BlackSkyBlackSky Technology Inc. (NYSE:BKSY) reported Q1 revenue of $20.8 million. That’s down from $29.5 million a year earlier. However, the company raised full-year revenue guidance to $130 million to $150 million. 

CEO Brian O'Toole said BlackSky is "rapidly growing revenues driven by the demand for Gen-3 space-based intelligence and AI services" after winning up to $160 million in new contracts. 

He said the company is raising guidance on "strong year-to-date sales performance" and "accelerated demand" in its pipeline.

Coming Next WeekPhoto: Shutterstock

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RH (NYSE:RH) Announces Earnings ResultsRH (NYSE:RH - Get Free Report) released its quarterly earnings results on Thursday. The company reported ($1.97) earnings per share for the quarter, beating analysts' consensus estimates of ($2.07) by $0.10. The company had revenue of $800.33 million for the quarter, compared to analysts' expectations of $792.55 million. RH had a negative return on equity of 567.82% and a net margin of 3.63%.

NYSE:RH

Read RH (NYSE:RH) Announces Earnings Results

2 hours ago

Stock Traders Purchase High Volume of Sirius XM Call Options (NASDAQ:SIRI)MarketBeat

Sirius XM Holdings Inc. (NASDAQ:SIRI - Get Free Report) was the recipient of some unusual options trading on Thursday. Stock investors bought 58,116 call options on the stock. This represents an increase of approximately 203% compared to the average daily volume of 19,167 call options.

NASDAQ:SIRI

Read Stock Traders Purchase High Volume of Sirius XM Call Options (NASDAQ:SIRI)

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After suffering a significant drop in late 2021 and spending years without a breakout, the stock of the geospatial intelligence services and Earth observation satellite company BlackSky Technology (NYSE: BKSY) saw significant success in the last 12 months.

Specifically, after spending multiple years below the $10 mark, the shares of the ‘UFO company’ broke out and rallied 253% between May 12, 2025, and the same date in 2026. A deluge of contracts secured year-to-date (YTD) reinforced the surge, and BlackSky stock is up 117% to $40.68 since January 2: the first regular trading session of the year.

BlackSky stock price 12-month chart. Source: Finbold The shift in the equity market fortunes also translated into strong business results, with the satellite company revealing particularly strong results in its most recent quarterly filing – covering the first quarter (Q1) of 2026 – and led to significant guidance upgrades.

Here’s why BlackSky stock soared 117% in 2026 Indeed, BlackSky revealed approximately $160 million in various contracts and a likely $90 million contract with the U.S. Air Force (USAF), while reporting $20.8 millon in revenue for Q1. 

Furthermore, Chief Executive Officer (CEO) Brian O’Toole explained that the company is ‘off to a strong start to 2026,’ before adding that ‘demand for our Gen-3 capabilities has never been stronger.’

BlackSky also revised its whole-year 2026 revenue guidance to a range of $130 million to $150 – up from the previous $120-145 million – implying an overall 12-month growth of 30%. 

The company’s integration of artificial intelligence (AI) technology and the deployment of its third-generation satellites were particularly highlighted as related services enjoyed both a 14% rise compared to the previous quarter and are expected to grow 50% in 2026.

BlackSky’s capability to deploy Gen3 satellites was also increased in 2026 with a partnership with Rocket Lab (NASDAQ: RKLB) announced late in February.

What is next for the BlackSky ‘UFO stock’ Looking ahead, BKSY stock appears to benefit from a particularly strong setup for a continued rally.

Along with the contracts and optimistic guidance, BlackSky equity remains substantially below the psychological barrier presented by its all-time highs (ATH), as, in 2021, it was changing hands above $90.

Technical analysis (TA) also paints a bullish picture with both the moving averages (MA) and oscillators showing BKSY as a ‘Buy,’ for an overall rating of ‘Strong Buy,’ on the stock analysis platform TradingView.

BlackSky stock technical analysis. Source: TradingView Lastly, the ‘UFO stock’ boasts confidence from Wall Street, though the mismatch between the overall ‘Strong Buy’ rating, underscored by a complete absence of ‘Sell’ recommendations, and the average price target $36.61 – 11.52% below the press time price – demonstrates there have been few recent revisions issued by institutional analysts.

Featured image via Shutterstock

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Key Takeaways Planet Labs logged $900M backlog in fiscal 2026, up 79% Y/Y, and hit adjusted EBITDA profitability.PL guides fiscal 2027 revenue of $415M-$440M, with gross margin of 50%-52%, despite losses.BKSY's Gen-3 satellites deliver 35-cm imagery; pilot programs are converting into recurring subscriptions. Artificial Intelligence (AI) is reshaping the software landscape, redefining categories and competitive dynamics. Per The Business Research Company, the AI software market is projected to grow to $995.45 billion by 2030 at a compound annual growth rate (CAGR) of 26.7%. With increased adoption and integration of AI into core operations to control costs and improve customer experience, the market is expected to grow exponentially. Per Global Market Insights, the Satellite Imaging market is estimated to grow 11% between 2024 and 2032, driven by increasing use of satellite imaging in defense and security applications, rising demand for environmental monitoring and developments in satellite technology.

In this context, Planet Labs (PL - Free Report) and BlackSky Technology (BKSY - Free Report) are worth mentioning as both deploy AI into their core functions. Planet Labs is a leading provider of Earth-imaging data and geospatial analytics, operating the largest fleet of Earth-observation satellites globally.  BlackSky Technology is a space-based technology company that delivers real-time imagery, analytics and high-frequency monitoring of the world’s most critical and strategic locations, economic assets and events. Let's discuss in detail.

The Case for Planet LabsPlanet Labs generates most of its revenue through fixed-price subscription agreements and usage-based contracts, delivering satellite imagery and geospatial analytics via its cloud-based platform to governments and large enterprises. Growth has been supported by the expansion of its subscription model, rising demand from government customers and a strategic move toward higher-value satellite services and AI-driven analytics solutions.

In recent years, the company has prioritized large-scale government and defense contracts, which offer stronger revenue visibility and long-term stability. While government business remains the primary growth driver, management continues to view the commercial market as a significant long-term opportunity. Advancements in AI-powered analytics, initially developed for defense applications, are expected to broaden adoption across industries, including supply chain management, insurance, agriculture, energy, financial services and operational monitoring.

As of fiscal 2026, Planet Labs reported a backlog of approximately $900 million, representing 79% year-over-year growth and supporting expectations for accelerating revenue expansion. The company also achieved adjusted EBITDA profitability for the first time during the year.
For fiscal 2027, management projects revenues between $415 million and $440 million, implying roughly 39% annual growth at the midpoint, with gross margins expected to be between 50% and 52%.

Despite improving fundamentals, Planet Labs remains unprofitable and is not expected to achieve a near-term earnings turnaround. Significant ongoing investments in satellite development, deployment and replacement, combined with elevated R&D and operating expenses, continue to pressure margins. After multiple years of losses, the company is expected to remain in the red through fiscal 2027, while returns on equity and invested capital remain below industry averages.

The company is still in the red, and a rebound is not expected soon.

PL shares have gained 116.3% year to date.

The Case for BlackSkyBlackSky operates a real-time Earth observation platform that integrates its proprietary low-Earth-orbit satellite constellation with AI-powered analytics software, giving the company a differentiated position within the fast-growing defense and intelligence market. The business is well-positioned to benefit from rising global defense spending, scalable subscription-based economics and improving operating leverage.

The company is benefiting from a structural increase in demand for tactical intelligence and persistent monitoring capabilities. Governments and defense agencies increasingly require high-frequency, low-latency satellite imagery for applications such as military surveillance, border security, maritime tracking and battlefield intelligence. BlackSky’s Gen-3 satellites deliver 35-centimeter-resolution imagery with rapid revisit capabilities and AI-enabled analytics, supporting near real-time operational decision-making. Recent contract wins totaling up to $160 million — including a $99 million award from the U.S. Air Force Research Laboratory and a $25 million international defense agreement — reinforce the growing demand for its platform and capabilities.

At the same time, BlackSky is shifting toward a higher-margin recurring revenue model. Management indicated that several Gen-3 pilot programs have already converted into recurring subscription renewals across Asia, Europe and the Americas. This transition is expected to enhance revenue visibility, strengthen customer retention and support continued expansion in gross margins. The company’s increasing mix of high-margin subscription revenue is also driving meaningful improvement in adjusted EBITDA margins.

While BlackSky has not yet reached profitability, management expects revenue growth in excess of 50% in 2026, supported by strong contract momentum and improving demand visibility. The company also anticipates surpassing a $100 million annual revenue run rate while maintaining gross margins of approximately 80%, reflecting the scalability of its software-enabled intelligence platform.

BKSY shares have rallied 143.1% year to date.

Estimates for PL and BKSYThe Zacks Consensus Estimate for PL’s fiscal 2027 revenues implies a year-over-year increase of 39.4%, while the same for earnings per share (EPS) suggests no change year over year. EPS estimates have witnessed no movement in the past 30 days.  

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for BKSY’s 2026 revenues implies a year-over-year rise of 30.6%, and the same for EPS implies a year-over-year increase of 21.3%.  EPS estimates witnessed southbound movement in the past 30 days.

Image Source: Zacks Investment Research

Are PL and BKSY Shares Expensive?PL is trading at a forward sales multiple of 31.38, above its median of 3.66 over the last three years. BKSY’s forward sales multiple sits at 10.55, higher than its median of 2.16 over the last three years.

Image Source: Zacks Investment Research

ConclusionPlanet Labs, a data-driven company focused on Earth-observation imagery and analytics, is poised to grow, given the rising global demand for commercial satellites.

BlackSky’s growing strategic relevance could help it evolve from a niche satellite operator into a critical real-time geospatial intelligence platform. 
Given BKSY’s less expensive valuation and price appreciation, it has an edge over PL.  BKSY carries a Zacks Rank #3 (Hold), while PL carries a Zacks Rank #5 (Strong Sell).

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

HERNDON, Va.--(BUSINESS WIRE)---- $BKSY #AI--BlackSky awarded seven-figure, multi-year contract renewal to accelerate the automation of future non-Earth imagery (NEI) services.

The Nasdaq Composite (IXIC) is enjoying a modest gain alongside the S&P 500 Index (SPX) this afternoon, while the Dow Jones Industrial Average (DJI) trades 404 points higher as investors look to close out the week and month on a high note. Each of the indexes have already tapped intraday records, aided by a pullback in crude prices and surge in Big Tech. U.S.-Iran tensions remain intact and investors are looking forward to Trump's decision on another ceasefire extension. Should today's gains hold, the S&P will mark its ninth-straight weekly gain, its longest such win streak since December 2023.

Continue reading for more on today's market, including:

Dell stock breaks out after earnings triple play. Retail favorite slipping despite reporting record revenue. Plus, three more software stocks making plenty of noise this afternoon.

Aerospace name MongoDB Inc (NASDAQ:MDB) was last seen off 4.8% to trade at $310, bucking the software sector surge and brushing off a quarterly beat-and-raise. Analysts and options traders have swarmed MDB in response, with 53,000 contracts across the tape so far, five times the average daily rate. Most popular is the June 330 call, with the expiring weekly 5/29 300-strike put seeing buy-to-open activity. MDB has shed almost 27% in 2026.

ServiceNow Inc (NYSE:NOW), up 14.1% at $124.06 at last check, one of the top names on the New York Stock Exchange (NYSE) as it enjoys a halo lift from hardware peer Dell Technologies (DELL). Now up 17% for the quarter, ServiceNow stock is eyeing its best day since April 2025. 

BlackSky Technology Inc (NYSE:BKSY) is near the bottom of the NYSE, last seen down 9.9% to trade at $46.50, pulling back from its recent run to five-year highs. The ascending 20-day moving average is just below, however, should these losses persist. BKSY has added 140% in 2026 so far.

BlackSky Hits $50: Is Tracking Satellites The Next Big Catalyst?

SpaceX is set to make its public market debut in June and is likely to be the largest initial public offering (IPO) on record. As the company gears up to go public, investors are beginning to pay more attention to space stocks, and for good reason. According to McKinsey, the global space economy could reach $1.8 trillion by 2035.

Space is becoming an increasingly important element of national security, and the U.S. is investing heavily in its development, procuring satellites, autonomous systems, spacecraft, sensors, and other key space components. Redwire (RDW +14.90%) is one space company that provides crucial infrastructure and technology to help make this possible. Is the stock a buy ahead of the SpaceX IPO?

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Redwire plays a key role in defense and the growing space industry Redwire operates two distinct segments: a space segment and a defense technology segment. In its space segment, Redwire develops hardware and technology for space infrastructure, including building blocks for spacecraft, like solar panels, robotic arms, and other parts, along with parts that support massive satellite constellations. When NASA's Artemis II mission took flight earlier this year, Redwire's optical imaging and sun sensor technologies were tools utilized on the Orion spacecraft.

In its defense technology segment, Redwire builds highly advanced military drones (uncrewed aerial systems) that can fly autonomously, have been combat-tested, and can operate in highly contested, GPS-denied environments. For example, Redwire has delivered hundreds of its Penguin drones directly to the Ukrainian military for use in real-world combat operations.

Image source: Getty Images.

The company is a major provider and has customers that include the U.S. government, including NASA, the U.S. Army, the Marine Corps, and the Department of Homeland Security. But it also provides components for top aerospace and defense companies, including Lockheed Martin, Boeing, Airbus, and Blue Origin.

In April, the U.S. Space Force's Space Systems Command selected Redwire as one of 14 companies to compete under this $1.8 billion contract program to design and build advanced space surveillance and reconnaissance satellites. Earlier this year, it was awarded a multi-award contract for the Missile Defense Agency's Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) IDIQ.

Redwire's backlog is up to $498 million, and analysts expect 40% revenue growth in 2026 and another 20% in 2027. That said, the business is currently losing money, and analysts don't forecast profitability within the next three years.

RDW Revenue (TTM) data by YCharts

Redwire is an early-stage company that has secured several key government contract wins, and as a result, the stock has surged 198% year to date. Given the stock's recent surge and lack of near-term profitability, Redwire is best left for aggressive investors with a long-term outlook and willing to stomach sizable price swings.

Redwire (RDW +14.90%) stock, the space stock that turned itself into a drones stock too when it purchased Edge Autonomy last year, tumbled 15.7% through 12:55 P.M. Monday.

You can probably blame Jefferies & Co. for that.

Image source: Getty Images.

What Jefferies says about Redwire In a note covered on StreetInsider.com this morning, Jefferies analyst Greg Konrad downgraded Redwire from buy to hold at the same time as he raised his price target to account for Redwire's astoundingly successful stock price -- which more than doubled in May.

Redwire has actually been fortunate all year long, notes the analyst, more than tripling in share price year to date, primarily on "multiple expansion" -- meaning that investors seem suddenly willing to pay much more for Redwire's sales (and lack of profits) this year than they used to.

How to explain this?

Jefferies points out the obvious: "general excitement around space has driven the stock price move" in the wake of SpaceX announcing first that it will IPO, then setting a date for the IPO, and finally revealing its prospectus for investors to read.

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What's next for Redwire? So that's the good news: Investors have caught space fever, and thanks almost entirely to SpaceX finally going public, they've decided to buy everything but SpaceX before it does.

That doesn't make a whole lot of sense to me, honestly. More worryingly -- to me and apparently to Jefferies, too -- it has made Redwire stock frighteningly expensive. As a result, the analyst warns: "We see limited ... upside from here" after the strong price surge, and in the absence of profits despite revenue gains.

My thoughts exactly. If you want to own SpaceX, it makes sense to sell Redwire and buy SpaceX in a couple weeks instead! In fact... that may be exactly what is happening today.

Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Redwire. The Motley Fool has a disclosure policy.

Shares of Redwire (RDW +14.90%) shot up 168% in May, according to data from S&P Global Market Intelligence. The space and defense subcontractor is shooting up in anticipation of the SpaceX initial public offering (IPO) as a key supplier of orbital data centers for artificial intelligence (AI).

Strong quarterly results were also a catalyst for Redwire's stock price rise last month. Here's what happened, and whether investors should dive into this space economy stock after doubling in such a short time.

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Huge contract wins It may not have the headline contracts compared to a SpaceX or Lockheed Martin, but Redwire is a key supplier to these large space and defense players. Specifically, Redwire sells sensors, energy systems, and spacecraft platforms, and recently moved into military drones with its 2025 acquisition of Edge Autonomy.

Related to SpaceX is the potential to sell solar energy systems for AI data centers. SpaceX plans to spend billions, if not tens of billions, on AI computing systems in orbit, which will likely be powered by solar panels that unfold after the satellite data center is deployed. Redwire specializes in these complex solar arrays and could see a boom in demand if AI data centers are the future.

Last quarter, we saw the potential of Redwire in action. Revenue grew 58% year over year to $97 million in Q1, and its backlog increased to $500 million due to multiple contract wins. Importantly, Redwire's book-to-bill ratio -- which measures the amount of contract value added to its bookings vs. how much it billed in the period -- was 1.92. This means it booked almost 2x to its backlog compared to billings, which should lead to strong revenue growth in future years.

Image source: Getty Images.

Should you buy Redwire stock? Redwire is a fascinating business, a potential hidden winner in the space economy. Even after this jump, it still has a market cap of only $4 billion, compared to the massive valuations of stocks like SpaceX and Rocket Lab. When it comes to valuation, Redwire is not profitable, but it trades at a price-to-sales ratio (P/S) of 8.3, which is below that of some of the hottest stocks in the sector at the moment.

Strong demand for solar arrays and other orbital solutions that Redwire supplies as the "picks and shovels" of the space economy should drive steady revenue growth in the years ahead. As long as Redwire eventually turns a profit, the stock could be a high-risk winner over the next decade, despite last month's rise.

LUXEMBOURG--(BUSINESS WIRE)--Redwire Corporation (NYSE: RDW), a global leader in space and defence technology solutions, announced today that it has been awarded a contract from Astrobiome Space S.à r.l., a Luxembourg-based biotech company pioneering microbiome solutions for regenerative space agriculture, to grow strawberries and test Astrobiome Space’s proprietary soil enhancement product inside Redwire’s Greenhouse systems on board the International Space Station (ISS). This award marks the inaugural flight for Redwire’s trailblazing Greenhouse system—the world’s first commercial space greenhouse.

The Redwire Greenhouse provides a simple, scalable commercial solution for customers seeking to advance crop science from benchtop laboratory facilities to true production in space. Along with supporting long-term NASA exploration plans, the Redwire Greenhouse will also provide unprecedented research opportunities for institutional and commercial customers with various plant science and industrial research goals. The Greenhouse leverages flight-qualified plant growth technology, including the Passive Orbital Nutrient Delivery System (PONDS) devices developed in partnership with Tupperware Brands and currently operated by Redwire on the ISS.

For this inaugural mission, Astrobiome Space's biostimulant -- developed from microbes adapted to the extreme space environments -- will be used to grow the first wild-strawberries ever cultivated in orbit. The product is expected to enhance the fruit's natural resilience and nutrient density, including higher levels of vitamin C, potassium, flavonoids, polyphenols, and antioxidants, bringing orbital crops closer to the quality of wild-grown produce on Earth. Astrobiome Space will begin growing test crops in the Greenhouse system on Earth in June, in preparation for the ISS flight.

“This contract with Astrobiome Space marks an exciting step forward in advancing critical technology for sustainable life-support systems beyond Earth,” said Marc Dielissen, Executive Vice-President of Redwire Europe. “With our Greenhouse platform, we are not only enabling fundamental research, but we are also demonstrating the practical cultivation of fresh food in space—including crops such as strawberries and fungi. These capabilities are essential as we prepare for long-duration missions and future habitats, while also generating valuable insights to improve agricultural practices here on Earth.”

"I dream of going to Mars knowing I can still taste the Earth," said Vera Mulyani, Founder and CEO of Astrobiome Space. "The first strawberry grown in space will be tiny, but its flavor will carry the whole story of the forest and the turning seasons. With Astrobiome®, we carry the living wilderness of our planet wherever we go.”

Redwire Europe is a leader in cutting-edge microgravity research and life support technologies, working with trailblazing government, commercial, and academic researchers, including the European Space Agency. Redwire’s Luxembourg facility designs and develops advanced robotic arm systems that support a wide range of mission needs, including satellite servicing, refueling, payload management, and in‑space manufacturing. The facility’s engineering expertise also drives innovations in debris capture and other emerging on‑orbit servicing applications.

About Redwire

Redwire Corporation (NYSE:RDW) is an integrated aerospace and defence company focused on advanced technologies. We are building the future of aerospace infrastructure, autonomous systems, and multi-domain operations leveraging digital engineering and AI automation. Redwire’s approximately 1,400 employees located throughout Europe and North America are committed to delivering innovative space and airborne platforms transforming the future of multi-domain operations. For more information, please visit RDW.com.

About Astrobiome Space

Astrobiome Space is a Texas and Luxembourg-based biotechnology company developing space-adapted microbiome solutions and super-postbiotics for regenerative agriculture and human resilience. Drawing on extreme-environment microbiology and advanced fermentation, the company creates proprietary Champion Strains™ and bioactive metabolite complexes that enhance crop performance in space while delivering functional health benefits for Earth applications. Astrobiome Space is working with its pioneering Japanese R&D partners and European government in the space sector, including the European Space Agency, Luxembourg Space Agency, and US commercial partners in precision health and longevity market. For more information, visit https://astrobiome.space.

Shares of multi-domain space and defense company Redwire (RDW +14.90%) are 18% higher as of 11 a.m. ET on Thursday after it was awarded yet another space contract. Redwire announced a contract with Astrobiome Space, a " biotech company pioneering microbiome solutions for regenerative space agriculture." The contract is:

to grow strawberries and test Astrobiome Space's proprietary soil enhancement product inside Redwire's Greenhouse systems on board the International Space Station (ISS). This award marks the inaugural flight for Redwire's trailblazing Greenhouse system--the world's first commercial space greenhouse.

Image source: Getty Images.

Astrobiome hopes to use its biostimulants to grow the first-ever wild strawberries in orbit, potentially strengthening life-support systems beyond Earth, or possibly improving agricultural practices back on Earth.

This deal demonstrates Redwire's engineering expertise by integrating custom components into space-ready platforms for its aerospace customers. In that sense, it is much more than growing strawberries in space. Whether it is the company's PIL-BOX (Pharmaceutical In-space Laboratory-Bio-crystal Optimization Xperiment) device, its solar panel arrays, or its thousands of parts and sensors, Redwire is quickly becoming a one-stop shop for the components needed for a space mission.

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While I love seeing deals like these for Redwire, investors need to realize that the stock is still very young, volatile, and dilutive to shareholders for now, as it frequently issues shares to acquire complementary businesses. Furthermore, the company's 2025 acquisition of Edge Autonomy pushed the company into the combat-proven uncrewed airborne systems (UAS) niche, weighing heavily on margins recently.

That said, Redwire's first-quarter gross margin improved from 14.7% to 26.6% year over year, and the company grew sales and backlog by 58% and 71%, respectively. Trading at 9 times sales, Redwire isn't likely to be a smooth ride for prospective investors as it tries to become the main "picks and shovels" supplier to the broader space industry. However, if margins keep improving and management proves to be a shrewd capital allocator as they make acquisitions, Redwire could prove to be a powerful growth stock -- but it's very early, and the stock has already nearly tripled year to date.

Josh Kohn-Lindquist has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

At $22.04, Redwire (NYSE:RDW) carries a ‘hold’ framing, with the thesis hinging on a pullback before the risk/reward improves. The space and defense contractor has gone vertical, and the gap between its share price and Wall Street’s target now defines the entire investment debate.

Redwire builds satellite components, in-space robotics, solar arrays, and tactical drones for NASA, the Pentagon, and allied European defense ministries. After acquiring Edge Autonomy in 2025, it became an “integrated, multi-domain space and defense tech company,” per CEO Peter Cannito. A run of marquee contract wins, including a $1.8 billion Andromeda IDIQ for advanced spacecraft and a $15 million U.S. Army Stalker order, has fueled a parabolic move.

The stock has climbed 190% year to date and 127.69% in the past month alone, brushing a 52-week high of $23.10.

Why the Backlog and Contract Cadence Justify a Premium Demand is real and accelerating. Q1 FY2026 revenue grew 57.95% year over year to $96.97 million, gross margin expanded to 26.6% from 14.7%, and contracted backlog hit a record $498.08 million on a 1.92 book-to-bill.

The pipeline is loaded: a $44 million DARPA Otter award for VLEO operations, a high eight-figure NATO Penguin Mk3 contract, and the Andromeda IDIQ with a ceiling flagged to rise above $6 billion. Management reaffirmed $450 million to $500 million in FY2026 revenue.

Why $22 Looks Like a Speculative Top Redwire is still losing money. Q1 produced a $76.5 million net loss, negative free cash flow of $12.7 million, and EPS of -$0.40 against a -$0.1478 estimate. Profitability is not expected before 2029.

Valuation has detached from fundamentals. The price-to-sales ratio sits at 11.59, and an active $350 million at-the-market program threatens material dilution. Insider behavior is louder still: AE Red Holdings has disposed of tens of millions of shares since March, with over $229 million in insider sales over three months.

Why Patience Beats Conviction Here The operating story is strengthening while the trading setup deteriorates. Beta of 2.42 and a one-week gain of 58.45% point to a stock running ahead of any reasonable near-term catalyst. Selling the secular story is premature; chasing $22 ahead of dilution and another likely earnings miss is the bigger risk.

The path to conviction requires either a meaningful pullback toward fair value or evidence that backlog is converting into positive adjusted EBITDA and free cash flow.

What the Tape and the Targets Disagree On Redwire currently trades at $22.04 against a consensus analyst target of $14.33, implying roughly 26.92% downside if the Street is right. Targets are one input among many, and the rally has clearly outrun them.

Coverage skews bullish on the business while skeptical on price. Among 10 analysts, the breakdown is:

Buy: 8 Hold: 1 Sell: 1 Year to date, RDW is up 190%, while the S&P 500 has returned in the single digits over the same window, a dramatic divergence that itself argues for caution.

The Verdict on Redwire at $22 At $22, Redwire is a Hold. Here is why.

The fundamental story has improved materially. Revenue growth near 58%, a record backlog, and a 1.92 book-to-bill say this is a real contract-winning machine. The trading setup is the problem. The stock is up 127.69% in a month, trades 36.8% above 247Wall St.’s fair value of $16.11, and faces a $350 million ATM that could pressure shares.

The buy trigger is a pullback into the high teens combined with confirmation that adjusted EBITDA is turning. The sell trigger is failed backlog conversion or accelerated ATM issuance into weakness. Until one resolves, the cost of waiting is small relative to the cost of buying near a 52-week high with insiders unloading.

Holding here respects the business while refusing to chase the chart.

Redwire (RDW +14.90%) stock, the space stock that turned itself into a drones stock too when it purchased Edge Autonomy last year, tumbled 14.3% through 10:50 a.m. Tuesday.

It has only itself to blame.

Image source: Getty Images.

Redwire needs cash In a filing with the SEC this morning, Redwire announced plans to issue and sell, "from time to time," up to $500 million worth of new stock. No specific price was named for the share offering, with the shares to be sold "at-the-market" -- meaning at whatever price Redwire can get for them, on the day(s) it tries to sell them.

The company plans to use any funds raised through the share sales for "working capital purposes and other general corporate purposes, which may include repayment or refinancing of outstanding debt, financing strategic acquisitions or investments, and financing research and development activities to accelerate the development of our products and solutions."

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What this means for Redwire stock In other words, Redwire is raising cash basically just to remain in business. And the reason it's doing this is that Redwire cannot currently generate sufficient cash to remain in business on its own.

According to data from S&P Global Market Intelligence, Redwire burned through just over $155 million in negative free cash flow over the past 12 months, while racking up GAAP losses of more than $300 million. With cash reserves of less than $145 million at last report (and $132 million in long-term debt), Redwire had less than one year before it would run out of cash.

The good news is that Redwire's stock sale should give the company three years' breathing room before another cash crunch strikes. The bad news is... Redwire may need it. Free cash flow isn't expected to arrive before 2028 at the earliest.

Rich Smith has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.