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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.