Needham & Company LLC Has Lowered Expectations for York Space Systems (NYSE:YSS) Stock Price

Key Points

• Needham cut its price target on York Space Systems from $18 to $10 but maintained a Buy rating; the new target implies 52.16% upside from the prior close.
• Analyst sentiment is mixed: the consensus rating is Hold, with an average price target of $15.42. Five analysts rate the stock Buy, ten Hold, and one Sell.
• York’s third-quarter revenue of $84.2 million fell short of estimates, while its $5.99-per-share loss was heavily affected by a $749.7 million goodwill write-off. The company’s 2026 revenue outlook midpoint also came in below consensus.

York Space Systems (NYSE:YSS - Get Free Report) had its price objective dropped by analysts at Needham & Company LLC from $18.00 to $10.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has a "buy" rating on the stock. Needham & Company LLC's price target would suggest a potential upside of 52.16% from the company's previous close.

YSS has been the topic of a number of other reports. Weiss Ratings restated a "sell (d)" rating on shares of York Space Systems in a research note on Wednesday, August 12th. Canaccord Genuity Group lowered shares of York Space Systems from a "buy" rating to a "hold" rating and decreased their target price for the company from $36.00 to $13.50 in a research report on Monday, August 17th. Citigroup lowered their target price on shares of York Space Systems from $13.00 to $10.00 and set a "buy" rating on the stock in a research note on Tuesday. JPMorgan Chase & Co. downgraded shares of York Space Systems from an "overweight" rating to a "neutral" rating and dropped their price target for the stock from $38.00 to $17.00 in a research report on Monday, August 17th. Finally, Piper Sandler dropped their price target on shares of York Space Systems from $9.00 to $8.00 and set a "neutral" rating on the stock in a research report on Friday, October 23rd. Five equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $15.42.

York Space Systems Price Performance

YSS opened at $6.57 on Friday. The stock's 50 day moving average price is $7.46 and its 200 day moving average price is $19.56. The company has a debt-to-equity ratio of 0.08, a quick ratio of 5.05 and a current ratio of 5.34. York Space Systems has a 12 month low of $5.26 and a 12 month high of $44.54.

York Space Systems (NYSE:YSS - Get Free Report) last announced its quarterly earnings results on Thursday, November 12th. The company reported ($5.99) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.23) by ($5.76). The business had revenue of $84.17 million during the quarter. On average, analysts anticipate that York Space Systems will post -1.75 EPS for the current fiscal year.

Institutional Trading of York Space Systems

Hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. lifted its holdings in shares of York Space Systems by 1.1% in the second quarter. BlackRock Inc. now owns 19,212,689 shares of the company's stock valued at $473,016,000 after buying an additional 200,250 shares during the period. Tidal Investments LLC acquired a new stake in York Space Systems in the 2nd quarter valued at about $45,381,000. 71 West Capital Partners bought a new position in shares of York Space Systems during the 3rd quarter valued at about $44,764,000. State Street Corp boosted its position in shares of York Space Systems by 64.0% during the 3rd quarter. State Street Corp now owns 4,702,355 shares of the company's stock valued at $40,675,000 after purchasing an additional 1,834,479 shares in the last quarter. Finally, Voya Investment Management LLC grew its stake in shares of York Space Systems by 0.8% in the 3rd quarter. Voya Investment Management LLC now owns 1,632,024 shares of the company's stock worth $14,117,000 after purchasing an additional 13,706 shares during the last quarter.

Key Stories Impacting York Space Systems

Investors following YSS have been watching these stories:

• Negative Sentiment: Third-quarter revenue was $84.2 million, below the roughly $90 million FactSet estimate. York reported a loss of $5.99 per share, far worse than the consensus loss of $0.23; a $749.7 million goodwill write-off explains much of the unusually large EPS miss, but the revenue shortfall remains a concern. York Space Systems Q3 2026 earnings analysis
• Negative Sentiment: York’s 2026 revenue outlook of $380 million to $400 million brackets the $393.5 million consensus, but its $390 million midpoint is below expectations. The results and outlook add to investor concerns about near-term growth. York Space Systems reports third-quarter results
• Negative Sentiment: Analysts have lowered price targets, and Citigroup issued a pessimistic forecast, adding to the negative sentiment around YSS. Analysts cut York Space Systems targets

York Space Systems Company Profile

York Space Systems designs, manufactures and operates spacecraft and related systems. Its offerings include satellite platforms, spacecraft integration, mission operations and ground-system services for customers developing and operating satellite missions. The company's product portfolio includes standardized spacecraft platforms designed to support a range of payloads and mission requirements. York serves government and commercial customers, including organizations involved in national security, civil space and communications missions.

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