CNTM vs SPIR vs BKSY Stock Comparison

ConnectM Technology Solutions, Spire Global and BlackSky Technology Prices as of Nov 3, 2026 Peers: Industry group
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SPIR Spire Global, Inc.
$8.72 -21.4% 1M -21.9% 1Y
Market cap
$321.68M
P/E
–
Revenue (TTM)
$62.38M
Div. yield
–
AI Platforms Technology

Head to Head

8 decided of 12

BlackSky Technology leads on 4 of the 12 questions below (BlackSky Technology 4, ConnectM Technology Solutions 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCNTMSPIRBKSYLeader
Larger companyMarket capitalisation $21.95M $321.68M $642.03M BKSY
Cheaper on earningsLower P/E, profitable companies only 179.5x -3.6x -9.6x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — — –
Faster revenue growthRevenue growth, trailing twelve months +24.4% -33.1% +4.1% CNTM
More profitableNet margin, trailing twelve months 0.3% -145.0% -61.2% CNTM
Better return on capitalReturn on invested capital — — -13.4% –
Less leveragedLower net debt / EBITDA -1.4x — 1.7x CNTM
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -59.9% -21.9% -14.5% BKSY
Better 5-year returnAnnualised price return, 5 years — -28.8%/yr -26.8%/yr BKSY
Less volatileAnnualised volatility, 1 year 129.2% 100.4% 100.4% BKSY
Higher overall scoreMean of the five percentile scores vs peers 34/100 18/100 31/100 CNTM

Percentile Scorecard

CNTMSPIRBKSY

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCNTMSPIRBKSY
Valuation 46 #68 of 124 19 #101 of 124 26 #92 of 124
Growth 36 #73 of 114 9 #104 of 114 27 #84 of 114
Profitability 43 #64 of 111 16 #93 of 111 32 #76 of 111
Financial Health 11 #114 of 128 41 #76 of 128 49 #66 of 128
Shareholder Returns – 6 #69 of 73 22 #57 of 73
Overall 34 18 31
  • CNTM ranked among 136 companies in Infrastructure Software
  • SPIR ranked among 136 companies in Infrastructure Software
  • BKSY ranked among 136 companies in Infrastructure Software

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCNTMSPIRBKSYSPY
1 month -13.2%-21.4%-20.4% -2.0%
3 months -20.8%-35.3%-31.2% -2.2%
6 months -37.2%-47.0%-51.5% +4.2%
Year to date -68.9%+16.3%-6.9% +10.6%
1 year -59.9%-21.9%-14.5% +10.4%
3 years -98.8%+110.6%+93.0% +73.6%
3 years, per year -77.2%+28.2%+24.5% +20.2%
5 years —-81.7%-78.9% +61.6%
5 years, per year —-28.8%-26.8% +10.1%

Risk

MeasureCNTMSPIRBKSYSPY
Volatility, 1Y 129.2%100.4%100.4% 12.8%
Downside volatility, 1Y 130.8%99.0%100.4% 12.8%
Beta vs S&P 500, 1Y -0.033.323.14 1.00
Return / volatility, 1Y -0.46-0.22-0.14 0.81
Max drawdown, 5Y -100.0%-93.0%-95.2% -25.4%
From 52-week high -74.5%-65.8%-66.2% -3.2%
52-week high $16.00$25.48$51.63 $779.14
52-week low $3.90$7.02$13.14 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCNTMSPIRBKSY
P/E now vs peer median 183.5xmedian 38.8x -3.7xmedian 38.8x -10.1xmedian 38.8x
P/S now vs peer median 0.6xmedian 4.4x 5.7xmedian 4.4x 6.5xmedian 4.4x
EV/EBITDA now vs peer median -3.7xmedian 28.6x -3.4xmedian 28.6x -49.2xmedian 28.6x
P/FCF now vs peer median -2.3xmedian 23.6x -3.6xmedian 23.6x -6.3xmedian 23.6x
P/B now vs peer median 1.5xmedian 3.1x 2.5xmedian 3.1x 3.4xmedian 3.1x
PEG now vs peer median 7.05median 1.27 -0.18median 1.27 -0.36median 1.27

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCNTMSPIRBKSY
Revenue $36.27M $62.38M $108.92M
Gross profit $10.15M $23.54M $76.09M
Operating income -$12.13M -$88.63M -$47.32M
Net income $406.61K -$90.58M -$66.71M
Free cash flow -$10.07M -$99.62M -$113.03M
R&D – $34.70M $632.00K
EPS (diluted) $0.00 $-2.36 $-1.74
Cash & equivalents $2.39M $38.81M $36.90M
Total debt $16.48M – $210.84M
Shares (diluted) 72.32M 38.30M 38.42M
Enterprise value $12.14M $2.02M $21.39M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCNTMSPIRBKSY
P/E 183.5x -3.7x -10.1x
P/FCF -2.3x -3.6x -6.3x
P/Operating cash flow -2.3x -5.4x -13.1x
P/S 0.6x 5.7x 6.5x
P/B 1.5x 2.5x 3.4x
P/Tangible book 1.6x 2.6x 3.4x
EV/EBITDA -3.7x -3.4x -49.2x
EV/EBIT -3.1x -3.0x -14.5x
EV/Revenue 1.0x 4.2x 6.3x
EV/FCF -3.7x -2.6x -6.1x
EV/Operating cash flow -3.7x -4.0x -12.7x
PEG (3Y EPS CAGR) 7.05 -0.18 -0.36

Growth

14 metrics
MetricCNTMSPIRBKSY
Revenue growth (1Y) 24.4% -33.1% 4.1%
Revenue CAGR (3Y) – -9.7% 13.7%
Gross profit growth (1Y) 22.7% -37.8% 5.2%
Gross profit CAGR (3Y) – 2.6% 20.0%
Operating income growth (1Y) 22.0% 8.4% -4.6%
Operating income CAGR (3Y) -61.0% -7.5% 14.1%
Net income growth (1Y) 101.4% -360.2% 22.5%
Net income CAGR (3Y) 26.9% -1.8% 5.3%
EPS growth (1Y) 100.3% -303.0% 34.5%
EPS CAGR (3Y) 26.0% 20.2% 27.7%
Operating cash flow growth (1Y) -28.3% -35.3% -382.3%
Operating cash flow CAGR (3Y) -119.8% -16.3% -18.8%
Free cash flow growth (1Y) -28.0% -32.4% -405.5%
Free cash flow CAGR (3Y) -119.8% -20.4% -12.6%

Profitability

14 metrics
MetricCNTMSPIRBKSY
Gross margin 28.0% 37.7% 69.9%
EBITDA margin -28.0% -122.0% -12.8%
Operating margin -33.5% -142.1% -43.4%
Pretax margin -40.1% -141.8% -61.2%
Net margin 0.3% -145.0% -61.2%
FCF margin -27.8% -159.7% -103.8%
Operating cash flow margin -27.8% -105.7% -49.7%
Return on equity 4.6% -76.9% -45.6%
Return on assets 0.9% -44.2% -15.0%
Return on invested capital – – -13.4%
Return on capital employed -119.2% -60.7% -12.1%
Asset turnover 0.8x 0.3x 0.2x
Cash conversion (OCF / net income) -24.8x 0.7x 0.8x
Stock comp / revenue 3.5% 23.4% 15.0%

Financial Health

11 metrics
MetricCNTMSPIRBKSY
Debt / assets 31.1% – 40.8%
Debt / equity 1.0x – 1.0x
Net debt / EBITDA -1.4x – 1.7x
Debt / FCF -1.6x – -1.9x
Liabilities / assets 70.1% 36.3% 59.1%
Equity / assets 29.9% 63.7% 40.9%
Interest coverage -5.7x -44,317x -3.0x
Current ratio 0.2x 1.9x 5.8x
Quick ratio 0.1x 1.8x 5.4x
Cash ratio 0.1x 1.6x 4.4x
Altman Z-score -1.85 -1.46 -0.21

Shareholder Returns

7 metrics
MetricCNTMSPIRBKSY
Dividend yield – – –
Net buyback yield – -20.2% -1.9%
Shareholder yield – -20.2% -1.9%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCNTMSPIRBKSY
EPS, next fiscal year $-3.87FY2026 $-1.24FY2026 $-1.43FY2026
Revenue, next fiscal year $76.76MFY2026 $76.07MFY2026 $136.05MFY2026
Revenue growth, next FY +114.2%FY2026 +6.2%FY2026 +27.6%FY2026
Revenue growth, the year after +15.7% +39.3% +48.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCNTMSPIRBKSY
Held by institutions – 55.0% 77.7%
Institutions holding – 131 228
Change in shares held, QoQ – +62.9% +33.1%
Institutions buying – 95 153
Institutions selling – 21 46
Buyers to sellers – 4.52 3.33

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CNTMSPIRBKSY
CNTM 1.00 0.00 -0.06
SPIR 0.00 1.00 0.66
BKSY -0.06 0.66 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, CNTM, SPIR and BKSY?

BlackSky Technology (BKSY) is the largest by market capitalisation: ConnectM Technology Solutions (CNTM) $21.95M, Spire Global (SPIR) $321.68M, BlackSky Technology (BKSY) $642.03M.

Which company is growing faster?

ConnectM Technology Solutions (CNTM) grew revenue fastest over the trailing twelve months: ConnectM Technology Solutions (CNTM) +24.4%, Spire Global (SPIR) -33.1%, BlackSky Technology (BKSY) +4.1%.

Which company is more profitable?

ConnectM Technology Solutions (CNTM) has the highest net margin (ConnectM Technology Solutions (CNTM) 0.3%, Spire Global (SPIR) -145.0%, BlackSky Technology (BKSY) -61.2%).

Which stock has performed better?

Over the past year BlackSky Technology (BKSY) returned the most: ConnectM Technology Solutions (CNTM) -59.9%, Spire Global (SPIR) -21.9%, BlackSky Technology (BKSY) -14.5%. Over five years, BlackSky Technology (BKSY) compounded fastest (Spire Global (SPIR) -28.8%/yr, BlackSky Technology (BKSY) -26.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, BlackSky Technology (BKSY) has been the steadiest (ConnectM Technology Solutions (CNTM) 129.2%, Spire Global (SPIR) 100.4%, BlackSky Technology (BKSY) 100.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CNTM, SPIR and BKSY?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, BlackSky Technology (BKSY) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.