Satellogic Inc. (SATL) AI Stock Analysis
SATL AI stock analysis summary
AI ResearchSatellogic Inc. (SATL) builds and operates nanosatellites for commercial-grade Earth observation and analytics. The company increased revenue to $17.7M in FY2025, supported by a 42.9% four-year revenue CAGR, while narrowing its annual net loss to -$4.8M. For the trailing twelve months, revenue reached $31.9M with a quarterly revenue growth rate of 258.5%.
- Market cap
- $590.4M
- Revenue (TTM)
- $31.9M
- P/E
- — fwd 588.2x
- 1Y return
- 32.0% S&P 500 16.8%
- Avg. target
- $10.20 165.6% vs last close
Bull case
- Revenue expanded at a 42.9% CAGR between FY2021 and FY2025, with latest quarterly revenue jumping 258.5% year-over-year.
- Annual net losses narrowed significantly from -$116.3M in FY2024 to -$4.8M in FY2025, alongside a trailing twelve months operating margin of 1.7%.
- Wall Street sentiment remains unanimous with 5 StrongBuy ratings and a mean price target of $10.20, which is 165.6% above the last close.
Bear case
- The company continues to burn cash, posting negative free cash flow of -$34.3M and operating cash flow of -$26.9M in FY2025.
- Valuation multiples remain elevated, trading at a price-to-sales of 18.5x versus the US-listed Industrials median of 1.5x.
- Shareholders have experienced substantial dilution, with the share count rising 142.5% over the past 5 years.
What Satellogic does
Satellogic Inc., headquartered in Palo Alto, California, designs, constructs, and operates nanosatellites tailored for commercial-grade Earth observation. Founded in 2010, the company provides real-time data streams for government agencies, businesses, and individual users. Its satellite capabilities support applications such as agriculture, pipeline monitoring, critical infrastructure surveillance, disaster response, illegal logging detection, border patrol, and port security. The company focuses on the affordability and accessibility of small satellite technology to deliver actionable intelligence and imagery across diverse sectors.
Growth and profitability
Revenue grew from $4.2M in FY2021 to $17.7M in FY2025, representing a 4-year compound annual growth rate of 42.9%. Revenue climbed 37.6% in FY2025 following a 27.8% gain in FY2024. Gross margin stood at 28.8% in FY2025, declining from 61.0% in FY2024. Operating margin improved from -1616.1% in FY2021 to -175.2% in FY2025, and reached 1.7% over the trailing twelve months. Net losses narrowed from -$116.3M in FY2024 to -$4.8M in FY2025, while trailing twelve months net income sat at a 0.0% profit margin with an EPS of -$0.80. In the latest quarter ended June 30, 2026, quarterly revenue grew 258.5% year-over-year, lifting trailing twelve months revenue to $31.9M.
Balance sheet and cash flow
As of June 30, 2026, Satellogic reported $112.8M in cash and short-term investments against total debt of $96.5M, resulting in net cash of $16.3M. Total assets were $196.2M against shareholders' equity of $33.9M, producing a debt-to-equity ratio of 2.85 and a current ratio of 2.34. The company generated negative cash flows in FY2025, with operating cash flow at -$26.9M and free cash flow at -$34.3M after capital expenditures of $7.4M. Its share count increased 142.5% over 5 years.
Valuation and performance
Satellogic trades at an enterprise value of $866.1M and a market capitalization of $590.4M. Its price-to-sales multiple is 18.5x, well above the median of 1.5x for its US-listed Industrials peers. Its forward P/E is 588.2x compared to the peer median of 17.2x, while EV/EBITDA is 245.5x versus the peer median of 13.9x. The stock returned 32.0% over the past year and 105.3% year-to-date, compared to a 1-year return of 16.8% for the S&P 500 (SPY). Over five years, the stock dropped 61.3% while the SPY advanced 83.0%.
What analysts expect
All 5 analysts covering Satellogic rate it a StrongBuy. The mean price target is $10.20, representing an upside of 165.6% above the last close of $3.84. For the current fiscal year ending December 31, 2026, analysts estimate revenue of $47.0M and an EPS of -$0.06. For the next fiscal year, 5 analysts expect revenue to rise 35.8% to $63.8M with an EPS of -$0.03. Over the last four quarters, the company beat EPS estimates 2 times. The next earnings date is November 9, 2026.
Key risks and what to watch
- Balance sheet leverage is high, with a debt-to-equity ratio of 2.85 on $96.5M in total debt against $33.9M in shareholders' equity.
- Short interest represents 15.6% of the float, pointing to meaningful market skepticism.
- The stock carries a beta of 1.37 and traded 27.0% below its 200-day average, indicating significant price volatility.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this SATL AI stock analysis
This page is an AI-written research summary of Satellogic Inc. (SATL). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: SATL income statement, SATL balance sheet, SATL key metrics, SATL analyst forecast, SATL chart. See the SATL stock overview for the latest quote and news.
SATL AI stock analysis FAQ
What is Satellogic's core business?
Satellogic designs, manufactures, and operates nanosatellites that provide commercial-grade Earth observation data and analytics for applications such as border security, disaster response, and infrastructure monitoring.
Does Satellogic pay a dividend?
No, Satellogic does not pay a dividend.
What are analysts expecting for Satellogic's revenue growth?
Analysts project full-year revenue of $47.0M for FY2026 and $63.8M for the next fiscal year, which reflects an expected 35.8% annual increase.
What is Satellogic's liquidity and debt position?
As of June 30, 2026, Satellogic held $112.8M in cash and short-term investments and $96.5M in total debt, giving it net cash of $16.3M and a current ratio of 2.34.