TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  Benzinga

Space Stocks Rip Into 2026 With Firefly In The Lead

Benzinga Logo Benzinga • •By Erica Kollmann
Space Stocks Rip Into 2026 With Firefly In The Lead

Space stocks surged into 2026 with multiple companies posting double-digit gains, driven by Trump administration support, technical achievements, and SpaceX IPO speculation. Firefly Aerospace leads with a 34% year-to-date gain, while AST SpaceMobile faces valuation concerns despite 28% gains. Rocket Lab, Planet Labs, and Intuitive Machines also show strong momentum, though Virgin Galactic lags with minimal gains.

Insights
TGT   neutral

Minimal gain of 0.034%, with expected earnings of $1.72 per share


ASTS   neutral

While up 28% year-to-date with strong retail interest, Scotiabank downgraded to Sector Underperform citing extreme valuation multiples, creating mixed signals between momentum and fundamental concerns.