Momentus Inc.

Momentus Inc. Stock Forecast & Price Prediction

Live Momentus Inc. Stock (MNTS) Price
$0.41

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$0.41

P/E Ratio

0.15

Volume Traded Today

$5.6M

Dividend

Dividends not available for MNTS

52 Week High/low

2.36/0.35

Momentus Inc. Market Cap

$17.2M

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MNTS Summary

From what 0 stock analysts predict, the share price for Momentus Inc. (MNTS) might decrease by 100% in the next year. This is based on a 12-month average estimation for MNTS. Price targets go from $ to $. The majority of stock analysts believe MNTS is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

MNTS Analyst Ratings

About 0 Wall Street analysts have assigned MNTS 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Momentus Inc. to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on MNTS. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

MNTS stock forecast by analyst

These are the latest 20 analyst ratings of MNTS.

Analyst/Firm

Rating

Price Target

Change

Date

Edison Yu
Deutsche Bank

Buy

$10

Initiates

Jan 10, 2022

MNTS Company Information

What They Do: Commercial space services and satellite technologies.

Business Model: Momentus Inc. generates revenue by providing a range of satellite-related products and services, including satellite buses and in-space infrastructure. Their business model focuses on serving satellite operators by offering in-space transportation and hosted payload services, enabling efficient satellite deployment and operations.

Other Information: Headquartered in San Jose, California, Momentus Inc. is positioned in the growing aerospace sector, catering to increasing demand for satellite technology and in-orbit services. The company's innovative solutions aim to enhance the capabilities of satellite operators, making it a potentially attractive investment in the commercial space industry.
MNTS
Momentus Inc. (MNTS)

When did it IPO

2021

Staff Count

123

Country

United States

Sector/Industry

Industrials/Aerospace & Defense

CEO

Mr. John Charles Rood

Market Cap

$17.2M

Momentus Inc. (MNTS) Financial Data

In 2023, MNTS generated $3.1M in revenue, which was a increase of 933.11% from the previous year. This can be seen as a signal that MNTS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$365,000

Revenue From 2021

$330,000

-9.59 %
From Previous Year

Revenue From 2022

$299,000

-9.39 %
From Previous Year

Revenue From 2023

$3.1M

933.11 %
From Previous Year
  • Revenue TTM $3.1M
  • Operating Margin TTM -576.0%
  • Gross profit TTM $2.2M
  • Return on assets TTM -86.7%
  • Return on equity TTM -813.6%
  • Profit Margin 72.3%
  • Book Value Per Share 0.39%
  • Market capitalisation $17.2M
  • Revenue for 2021 $330,000
  • Revenue for 2022 $299,000
  • Revenue for 2023 $3.1M
  • EPS this year (TTM) $3.83

Momentus Inc. (MNTS) Latest News

News Image

Mon, 09 Dec 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Momentus Inc. (NASDAQ: MNTS) will execute a 1-for-14 reverse stock split of its Class A common stock, effective December 12, 2024, at 5:00 p.m. ET, continuing to trade on Nasdaq.

Why It Matters - The reverse stock split indicates a strategy to boost share price and attract institutional investors, potentially impacting liquidity and market perception of Momentus Inc.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Momentus Inc. (NASDAQ: MNTS) has secured a contract from the U.S. Defense Department's Space Development Agency for the HALO program, aimed at deploying a large satellite constellation.

Why It Matters - Momentus Inc.'s contract with the U.S. Defense Department indicates growth potential and government backing, boosting investor confidence in its satellite services and future revenue opportunities.

News Image

Wed, 16 Oct 2024

Sentiment - POSITIVE

Source - Market Watch

Summary - Space stocks are rising as the sector experiences a rally, driven by multiple high-profile launches.

Why It Matters - Rising space stocks indicate increasing investor confidence and potential growth in the aerospace sector, driven by successful launches, which may impact market valuations and investment strategies.

News Image

Mon, 14 Oct 2024

Sentiment - POSITIVE

Source - Market Watch

Summary - SpaceX successfully utilized mechanical arms, referred to as "chopsticks," to capture the Starship rocket booster on its launch tower for the first time.

Why It Matters - SpaceX's use of mechanical arms for booster capture signals advancements in launch efficiency, potentially reducing costs and increasing launch frequency, impacting the aerospace sector's growth outlook.

News Image

Wed, 09 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Momentus Inc. (NASDAQ: MNTS) has been awarded a NASA contract for launch services under the VADR program, enhancing its role in satellite and in-space infrastructure services.

Why It Matters - Momentus Inc.'s selection by NASA for launch services enhances its credibility and growth potential, likely boosting investor confidence and impacting stock performance positively.

News Image

Thu, 26 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Momentus Inc. (NASDAQ: MNTS) has received a notice from Nasdaq regarding its continued non-compliance with the minimum bid price requirement under Listing Rule 5550(a)(2).

Why It Matters - Momentus Inc.'s continued non-compliance with Nasdaq's minimum bid price requirement raises concerns about its financial health and could lead to delisting, impacting investor confidence and share value.

...

MNTS Frequently asked questions

The highest forecasted price for MNTS is $ from at .

The lowest forecasted price for MNTS is $ from from

The MNTS analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.