York Space Systems (NYSE:YSS – Free Report) had its price target reduced by Needham & Company LLC from $18.00 to $10.00 in a research report report published on Friday morning,Benzinga reports. They currently have a buy rating on the stock.
YSS has been the topic of several other research reports. Citigroup dropped their price objective on shares of York Space Systems from $13.00 to $10.00 and set a “buy” rating on the stock in a research note on Tuesday, November 10th. Barclays initiated coverage on shares of York Space Systems in a research note on Friday, October 9th. They set an “equal weight” rating and a $11.00 target price for the company. Wells Fargo & Company lowered their price target on shares of York Space Systems from $35.00 to $17.00 and set an “overweight” rating on the stock in a report on Monday, August 31st. JPMorgan Chase & Co. downgraded shares of York Space Systems from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $38.00 to $17.00 in a research note on Monday, August 17th. Finally, Robert W. Baird set a $16.00 price objective on York Space Systems in a report on Monday, August 17th. Four analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $14.73.
View Our Latest Analysis on YSS
York Space Systems Stock Down 12.5%
Shares of YSS traded down $0.82 during trading hours on Friday, reaching $5.78. The company’s stock had a trading volume of 3,801,772 shares, compared to its average volume of 1,599,492. The firm has a market cap of $793.25 million and a price-to-earnings ratio of -0.88. York Space Systems has a 1-year low of $5.13 and a 1-year high of $44.54. The company has a quick ratio of 5.05, a current ratio of 5.34 and a debt-to-equity ratio of 0.08. The company has a 50 day moving average of $7.41 and a two-hundred day moving average of $19.49.
York Space Systems (NYSE:YSS – Get Free Report) last posted its quarterly earnings results on Thursday, November 12th. The company reported ($5.99) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.23) by ($5.76). The company had revenue of $84.17 million during the quarter. York Space Systems had a negative return on equity of 68.35% and a negative net margin of 248.51%. As a group, research analysts predict that York Space Systems will post -1.75 EPS for the current fiscal year.
Hedge Funds Weigh In On York Space Systems
A number of hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. raised its position in York Space Systems by 1.1% during the second quarter. BlackRock Inc. now owns 19,212,689 shares of the company’s stock valued at $473,016,000 after acquiring an additional 200,250 shares in the last quarter. Tidal Investments LLC bought a new stake in York Space Systems in the second quarter worth approximately $45,381,000. 71 West Capital Partners bought a new stake in York Space Systems in the third quarter worth approximately $44,764,000. State Street Corp grew its position in York Space Systems by 64.0% in the third quarter. State Street Corp now owns 4,702,355 shares of the company’s stock worth $40,675,000 after acquiring an additional 1,834,479 shares in the last quarter. Finally, Voya Investment Management LLC increased its stake in shares of York Space Systems by 0.8% during the 3rd quarter. Voya Investment Management LLC now owns 1,632,024 shares of the company’s stock worth $14,117,000 after purchasing an additional 13,706 shares during the last quarter.
Key York Space Systems News
Investors following YSS have been watching these news items:
- Positive Sentiment: York Space agreed to acquire Australian unmanned-vehicle maker Outlook Industries, extending its business into unmanned systems. The deal could broaden its offerings, though its near-term financial contribution is unclear. York Space Systems to Acquire Outlook Industries
- Negative Sentiment: Q3 revenue was $84.2 million, below the roughly $90 million estimate. York reported a $5.99-per-share loss, far worse than the $0.23 loss analysts expected. A $749.7 million goodwill impairment accounted for much of the unusually large EPS miss, but the revenue shortfall remains a concern. York Space Systems Q3 2026 earnings analysis
- Negative Sentiment: Jefferies downgraded YSS from Buy to Hold and cut its target from $15 to $6, citing a “materially longer” path to positive EBITDA. Piper Sandler also reduced its target, from $8 to $7, and maintained a Neutral rating. These cuts reinforce concerns about profitability and valuation. Jefferies cuts target and cites delayed profitability
About York Space Systems
York Space Systems designs, manufactures and operates spacecraft and related systems. Its offerings include satellite platforms, spacecraft integration, mission operations and ground-system services for customers developing and operating satellite missions. The company’s product portfolio includes standardized spacecraft platforms designed to support a range of payloads and mission requirements. York serves government and commercial customers, including organizations involved in national security, civil space and communications missions.
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