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SpaceX IPO is changing the way we think about space. Which stocks to watch out for?

Dranishnikova Maria

Maria Dranishnikova

Oninvest reporter
Bloomberg named companies that investors should pay attention to ahead of the SpaceX IPO / Photo: SpaceX

Bloomberg named companies that investors should pay attention to ahead of the SpaceX IPO / Photo: SpaceX

Bloomberg has named 13 aerospace stocks that investors should keep an eye on ahead of Elon Musk's SpaceX IPO. SpaceX is going to set the offering price on June 11, and the start of trading is scheduled for June 12 - the day of the "mini-parade of planets" of Mercury, Venus and Jupiter, Bloomberg wrote in another article.

SpaceX going public is changing perceptions of space, transforming it from a "quirky sci-fi industry" to a sector where "incredible things are being done," Andrew Chanin, co-founder and CEO of investment firm ProcureAM, told the agency.

This is spurring an influx of new investors into the sector, with Wall Street rushing to find the next big winner in space exploration, Bloomberg writes.

Which companies Bloomberg advises to pay attention to

- Planet Labs, a satellite data provider with a capitalization of $14.8 billion, has seen its shares rise nearly 111% to $41.6 since the beginning of the year. The company's securities have eight "buy" tips from Wall Street analysts, three "hold" and one "sell". The average target price of $35.4 is below the securities' value at the last close.

- Developer of launch vehicles and orbital vehicles Firefly Aerospace (capitalization $6.8 billion). Since the beginning of the year, its quotations have soared by 90%. Six Wall Street analysts recommend buying its securities, three - to hold. The average target is $43.4, which implies a potential upside of almost 2% to the last closing price.

- York Space Systems ($3.3 bln) is a manufacturer of low-cost satellites. The company held an IPO on the New York Stock Exchange at the end of January 2026, since then its quotes have collapsed by almost 33%. One of the reasons is that the company's financial results for the first quarter of 2026 did not meet the expectations of Wall Street, wrote the publication Motley Fool. York Space securities have seven "buy" ratings from analysts and two "hold" ratings. The average target price of $34.7 implies a 35% upside potential.

- Intuitive Machines ($5.2 billion), a developer of lunar rovers. Since January 1, quotations are up 100%. Eight Wall Street analysts advise buying the company's shares, two sell and one hold. The average target is $37.4 - about 15% above the last closing price.

- AST SpaceMobile ($34.2 billion) is the creator of a commercial space satellite communications network. Since the beginning of the year, its securities are up 21%. Six Wall Street analysts recommend holding them, five recommend buying and three recommend selling. The average target price of $88.8 is almost equal to the stock's closing price on Ma. 19.

- Applied Aerospace & Defense, a maker of components for missiles and combat aircraft. In May, the company filed an IPO application with the U.S. Securities and Exchange Commission (SEC). A listing date has not yet been set.

- Rocket Lab, which is engaged in delivery of cargoes to orbit ($73.7 billion). Since the beginning of the year, the stock has risen 82.5%. 16 Wall Street analysts have given them a "buy" rating and only four have given them a "hold" rating. The average target price is $105, which is 17.5% below the stock's last close.

- Globalstar ($10.5 billion) satellite operator Globalstar is set to be acquired by tech giant Amazon for $90 per share. Since the beginning of the year, their price has risen by almost 28% to $81.9, which is 9% less than the price offered by Amazon.

- EchoStar Corp ($39.6 bln) is the operator of satellite communications and the owner of SpaceX shares. Since January 1, its quotations are up almost 26%. Four analysts advise to buy the company's shares and two - to hold. The average target price is $149, which is 9% higher than the last closing price.

- Voyager Technologies, which specializes in orbital infrastructure ($2.2 bln). Since the beginning of the year, its securities have added almost 48%. Eight Wall Street analysts gave the company's shares a "buy" rating, one gave a "hold" rating and the same number gave a "sell" rating. The average target of $38.3 is 2% higher than the value of securities at the close of trading on Ma 19.

The "space frenzy" has spread to Europe, Bloomberg writes. In this region, the agency names three stocks that investors should follow: German satellite manufacturer OHB SE, British supplier of SpaceX - the company Filtronic Plc, as well as French competitor Starlink Elon Musk - Eutelsat Communications.

Exchange-traded funds focused on the space industry are also becoming increasingly popular, the article says. In the U.S., these are Procure Space ETF, Tema Space Innovators ETF and ARK Space & Defense Innovation ETF, in Europe - VanEck Space Innovators UCITS ETF and Seraphim Space Investment Trust, Bloomberg lists.

What the analysts are saying

The SpaceX IPO confirms that the space industry is promising for institutional investors, Clear Street brokerage analyst Greg Pendy told Bloomberg. But more importantly, it sets a benchmark that investors can use to evaluate other publicly traded space companies.

Interactive Brokers chief strategist Steve Sosnick agrees, believing that SpaceX's successful IPO will have a "halo effect" on the valuations of other companies in the sector.

"There are already several innovative companies being created in the space ecosystem, but the SpaceX IPO will attract more attention, capital and boost confidence in the industry as a whole," said Yuri Khojamirian, chief investment officer of Tema ETFs.

However, a "better-capitalized SpaceX will be a serious competitor" to other companies in the industry, whose stock prices have already risen significantly, Sosnick warns.

Meanwhile, European space-related companies are still trading at lower multiples than their U.S. competitors, notes eToro Group global market analyst Lale Akoner. She believes that if they "expand in this segment, it will be a good buying opportunity."

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