Per Gurufocus, the company posted revenue of $86 million atop a net loss of $6 million. Per its public profile, the company holds three NASA contracts.Īs an aspirational enterprise, Intuitive doesn’t feature much in the way of financials. Headquartered in Houston, Texas, Intuitive is completing its lunar program, which will provide lunar surface access, lunar orbit delivery, and communications at lunar distance. Their average price target hits $7, implying almost 75% upside potential.įor those that really want to extract the most upside potential from the best space exploration stocks, Intuitive Machines (NASDAQ: LUNR) just might fit the bill. Also, its operating and net margins fell deeply into negative territory. Nevertheless, analysts peg PL as a consensus strong buy. For example, its three-year revenue growth rate sits at 29.7% below parity. Operationally, though, the enterprise starts to look a little shaky. This stat ranks better than 84.7% of companies listed in the broader aerospace and defense industry. On the balance sheet, Planet Labs features surprising resilience, especially its cash-to-debt ratio of 18.56. Thus, Planet Labs offers myriad relevancies.įinancially, it’s not completely terrible, though I understand that’s not a great selling point for space exploration stocks in 2023. Further, the company helped journalists shed light on North Korea’s illicit shipping networks. Its stated goal focuses on imaging the entirety of the Earth daily to monitor changes and pinpoint trends. Their average price target lands at $111.56, implying over 18% upside potential.Ī much higher-risk enterprise than Leidos, Planet Labs (NYSE: PL) nevertheless intrigues prospective investors of space exploration growth stocks thanks to its Earth imaging business. As a discount to projected earnings, Leidos ranks better than 78.61% of the competition.įinally, Wall Street analysts peg LDOS as a consensus moderate buy. Also, LDOS trades at a forward multiple of 14.11.

In particular, its net margin pings at 4.76%, above 62% of its peers. Through its decades of acumen, Leidos delivers space-industry applications for defense, intelligence, and civilian agencies.įinancially, LDOS makes a powerful case as a viable space exploration stock thanks to its predictable revenue stream and profitability. Over the past 50 years-plus, Leidos supported deep space exploration and human spaceflight projects through its technical expertise in information technology, engineering, and science. Here, we’re not necessarily interested in knocking one out of the park but just getting on base and building confidence. The rosy forecasts in many of the company's SPAC decks are already in the rear view, and I expect I'll be spending much of the months to come writing about who survives, sells or disappears entirely.Ī programming note: Investing in Space will be taking the next week off for holiday travel.As far as the best space exploration stocks to buy are concerned, Leidos (NYSE: LDOS) is the sector equivalent of hitting for a high average. national security interests.Īs we talked about earlier this year, it's a story of survival for many of the young publicly traded names. Morgan Stanley emphasized that the recent deals 'reflect the attractiveness of the space endmarket,' especially given the sector's continued growing importance to U.S. Morgan Stanley in a note to clients recently highlighted those deals as evidence that 'space companies on Santa's List,' and I suspect M&A won't be slowing down in 2023. Even shares of Rocket Lab and Planet – two of Wall Street's favorite space de-SPACs, with some of the strongest revenue and cash positions – have given up half their go-public value.īut there were a handful of winners: Year to date, Iridium ended up the strongest, climbing about 23% – while both Maxar and Aerojet Rocketdyne surged into the green thanks to tentative acquisition deals from Advent and 元Harris, respectively. Astra, Momentus and Spire each slipped under $1 in the past few months. Now, seven such companies trade under $2 a share. Remember, these space SPAC names all came to market at about $10 a share. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit

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