Space Stock Tracker: Moon Contracts, Earnings and Midterms Rock the Sector
Space stocks rallied on NASA awards; Rocket Lab posted record revenue but delayed Neutron, while AST missed estimates despite a Japan venture.
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Firefly Aerospace reports Q3 earnings Nov. 10; analysts expect a 49-cent loss and $103.15M revenue after a $1.3B AST SpaceMobile deal.
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Space stocks rallied on NASA awards; Rocket Lab posted record revenue but delayed Neutron, while AST missed estimates despite a Japan venture.
IonQ is trading lower Tuesday along with space stocks, including Rocket Lab and AST SpaceMobile, which fell after reporting Q3 results.
Firefly Aerospace has entered into a multi-launch agreement with Japanese SAR satellite provider Synspective Inc. for up to 10 missions on the Alpha rocket through 2030.
Financial institutions including UBS and B. Riley have updated their price targets for AST SpaceMobile, Inc. following the company's recent quarterly results.
AST SpaceMobile Inc. (NASDAQ: ASTS) shares are trading lower Tuesday after the company reported worse-than-expected Q3 results late Monday.