York Space Systems Inc. (NYSE:YSS – Get Free Report) shares hit a new 52-week low during trading on Wednesday. The company traded as low as $7.33 and last traded at $7.3170, with a volume of 942863 shares changing hands. The stock had previously closed at $8.03.
York Space Systems News Roundup
Here are the key news stories impacting York Space Systems this week:
- Positive Sentiment: York announced an expansion of its prime-integration portfolio into geostationary orbit (GEO) through Tetra missions, broadening its potential addressable market and supporting space-domain-awareness applications. York Space Systems Expands Prime Integration Portfolio Into GEO With Tetra Missions
- Neutral Sentiment: Multiple law firms are soliciting investors who purchased York shares in or traceable to the January 2026 IPO, or during the January 29–May 11, 2026 class period. The October 30, 2026 deadline concerns applications to become lead plaintiff and does not represent a finding of liability. Bronstein Gewirtz Grossman York Space Class Action Notice
- Negative Sentiment: The central allegations claim York’s IPO registration statement and prospectus failed to disclose that mission-critical onboard software was not fully functional before certain satellites launched. The lawsuits name York, certain executives and directors, and IPO underwriters, including Goldman Sachs-led banks. YSS Shareholder Alert
- Negative Sentiment: The legal campaign follows a reported 10.9% stock drop after the software issues became public. Attorneys also cite former-employee allegations that York’s supposedly modular and scalable satellite platform was more customized and made-to-order than represented. YSS Stock Notice
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on YSS shares. Canaccord Genuity Group restated a “hold” rating and set a $13.50 price objective (down from $36.00) on shares of York Space Systems in a report on Monday, August 17th. Robert W. Baird set a $16.00 price target on York Space Systems in a report on Monday, August 17th. Craig Hallum assumed coverage on York Space Systems in a report on Wednesday, August 26th. They issued a “hold” rating and a $11.00 price objective on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of York Space Systems in a report on Wednesday, August 12th. Finally, Raymond James Financial cut shares of York Space Systems from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 29th. Five research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $17.59.
York Space Systems Price Performance
The stock has a market capitalization of $1.01 billion and a price-to-earnings ratio of -12.42. The company has a debt-to-equity ratio of 0.08, a quick ratio of 5.05 and a current ratio of 5.34. The company has a fifty day simple moving average of $9.92 and a two-hundred day simple moving average of $21.39.
York Space Systems (NYSE:YSS – Get Free Report) last released its earnings results on Thursday, August 13th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($0.12). The firm had revenue of $92.55 million during the quarter. As a group, equities research analysts expect that York Space Systems Inc. will post -1.73 earnings per share for the current fiscal year.
Insider Transactions at York Space Systems
In other York Space Systems news, major shareholder Blackrock Portfolio Management sold 200,170 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $10.99, for a total value of $2,199,868.30. Following the transaction, the insider directly owned 16,517,115 shares of the company’s stock, valued at $181,523,093.85. This trade represents a 1.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 655,215 shares of company stock worth $8,390,822 in the last 90 days.
Institutional Trading of York Space Systems
Several large investors have recently made changes to their positions 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 purchasing an additional 200,250 shares in the last quarter. Tidal Investments LLC acquired a new position in shares of York Space Systems during the 2nd quarter worth $45,381,000. Bank of America Corp DE raised its holdings in shares of York Space Systems by 234.2% during the 2nd quarter. Bank of America Corp DE now owns 370,425 shares of the company’s stock worth $9,120,000 after buying an additional 259,577 shares in the last quarter. Nissay Asset Management Corp Japan bought a new stake in shares of York Space Systems during the 2nd quarter worth $8,497,000. Finally, Wellington Management Group LLP acquired a new stake in York Space Systems in the second quarter valued at about $4,231,000.
York Space Systems Company Profile
York Space Systems is a U.S. aerospace company that designs, manufactures and operates spacecraft for low Earth orbit (LEO) missions. Founded in 2012 and headquartered in Denver, Colorado, the company develops standardized, scalable satellite platforms intended to support communications, Earth observation, remote sensing and other space-based applications.
Its product portfolio includes the S-class spacecraft platform and related satellite systems, ground infrastructure and mission-operations capabilities.
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