Satellogic Inc.

Satellogic Inc. (NASDAQ: SATL) is a vertically integrated geospatial analytics company that delivers high-resolution satellite imagery to government and commercial clients globally. Through its subsidiaries, the company invests across the aerospace value chain, including software, hardware, and optical technologies, with a focus on advancing satellite systems and image analytics capabilities.

As per US Dailies Report published on ‘SATL’ on Mar 03, 2026, Kalkine provided an ‘Speculative Buy’ stance on the stock at USD 3.18 based on technical analysis and the stock price has now moved up by ~ 19.81% since then.

Noted below are the details of support and resistance levels provided in our previous report:

Rationale:

Despite a notable improvement in Satellogic’s financial performance during FY2025, with revenue increasing to USD 17.7 million and net losses narrowing significantly, the overall investment case remains constrained by its still-modest scale, continued operating losses of USD 31.0 million, and reliance on non-recurring fair value gains to support bottom-line improvement. While the shift toward higher-margin Data & Analytics revenues and ongoing cost optimization initiatives reflect strategic progress, the business continues to operate below sustainable profitability levels, with execution dependent on scaling satellite capacity, securing consistent contracts, and maintaining liquidity through external funding. These factors collectively suggest that, despite operational momentum, the current trajectory may not fully support an aggressive upside re-assessment in the near term.

Share Price Chart

Conclusion

The sharp reduction in losses, partly driven by non-recurring valuation gains, highlights a disconnect with still-evolving core operations, supporting a "Sell" recommendation on Satellogic Inc. (NASDAQ: SATL) has been given at the current market price of USD 3.81 as on 20 March 2026 at 9:11 am PDT.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance level is 20 March 2026. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: Target Price refers to a price level which the stock is expected to reach as per the relative valuation method and/or technical analysis taking into consideration both short-term and long-term scenario.

Note 5: ‘Kalkine reports are prepared based on the stock prices captured either from the London Stock Exchange (LSE) and or REFINITIV. Typically, both sources (LSE and or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.’

Note 6: Dividend Yield may vary as per the stock price movement.