Deutsche Bank Lowers MDA Space Price Target to $38
Deutsche Bank has adjusted its price target for MDA Space, lowering it from $41 to $38 while maintaining a buy rating.
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Rocket Lab (RKLB) stock gains in premarket: Satellite launches hit orbit, buy ratings hold strong. Key price levels to watch.
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Deutsche Bank has adjusted its price target for MDA Space, lowering it from $41 to $38 while maintaining a buy rating.
AST SpaceMobile has taken a significant step toward commercial service in Brazil, potentially creating a blueprint for growth across other markets. However, Amazon's acquisition of Globalstar brings fresh competition as ASTS stock struggles to recover from a steep sell-off. The company's next major catalyst may depend on delivering operational gateways, reliable coverage, and paying customers.
Rocket Lab stock has plummeted 70% from its May 2026 peak to around $46, trading at 30x sales compared to 38x just weeks earlier. While the company shows strong revenue growth and a record $2.36 billion backlog, concerns persist: Neutron reusable rocket's first launch has been delayed to 2027, and management forecasts adjusted EBITDA losses will widen significantly in Q3 2026. The analyst suggests waiting for Monday's earnings report before considering a small position.
Globalstar, Inc. reported its financial results for the third quarter ended September 30, 2026, highlighting continued investment in its satellite network and progress toward its pending merger with Amazon.
Filed: 2026-11-05 AccNo: 0001366868-26-000045 Size: 414 KB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
MDA Space Ltd. announced its financial results for the third quarter ended September 30, 2026, reporting revenue of $498.1 million and raising its full-year 2026 revenue guidance.