Sidus Space (NASDAQ:SIDU) Stock Price Down 11.9% - Should You Sell?

Key Points

• Shares fell 11.9% to $2.96 on Thursday (intraday low $2.91), with ~21.4M shares traded—about 60% below the ~53.8M average daily volume.
• Analyst consensus is "Sell": recent downgrades (Wall Street Zen) and a Weiss Ratings sell reiteration leave Sidus with an average MarketBeat rating of Sell.
• Weak fundamentals: market cap ~ $104M, last quarter EPS -$0.24 on $1.3M revenue, and deeply negative net margin (655.33%) and ROE (-116.44%), despite 50‑day/200‑day moving averages of $2.26 and $1.58.

Sidus Space, Inc. (NASDAQ:SIDU - Get Free Report)'s share price was down 11.9% on Thursday . The company traded as low as $2.91 and last traded at $2.96. Approximately 21,435,037 shares changed hands during trading, a decline of 60% from the average daily volume of 53,779,309 shares. The stock had previously closed at $3.36.

Analysts Set New Price Targets

SIDU has been the topic of several recent research reports. Wall Street Zen downgraded Sidus Space from a "hold" rating to a "sell" rating in a report on Saturday, November 22nd. Weiss Ratings restated a "sell (e+)" rating on shares of Sidus Space in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Sidus Space has an average rating of "Sell".

Sidus Space Stock Down 11.9%

The firm has a market capitalization of $104.33 million, a PE ratio of -2.29 and a beta of -1.64. The business's fifty day moving average price is $2.26 and its 200 day moving average price is $1.58.

Sidus Space (NASDAQ:SIDU - Get Free Report) last posted its quarterly earnings data on Friday, November 14th. The company reported ($0.24) EPS for the quarter. Sidus Space had a negative net margin of 655.33% and a negative return on equity of 116.44%. The company had revenue of $1.30 million for the quarter.

Hedge Funds Weigh In On Sidus Space

Several institutional investors have recently bought and sold shares of SIDU. Geode Capital Management LLC lifted its stake in shares of Sidus Space by 28.1% in the 2nd quarter. Geode Capital Management LLC now owns 120,799 shares of the company's stock worth $209,000 after acquiring an additional 26,498 shares during the period. XTX Topco Ltd purchased a new stake in Sidus Space in the 2nd quarter valued at approximately $168,000. Jane Street Group LLC acquired a new position in Sidus Space during the 2nd quarter worth approximately $95,000. SG Americas Securities LLC purchased a new position in shares of Sidus Space during the 4th quarter worth approximately $118,000. Finally, Thompson Davis & CO. Inc. acquired a new position in Sidus Space during the fourth quarter worth $194,000. 17.91% of the stock is owned by institutional investors and hedge funds.

About Sidus Space

Sidus Space Inc NASDAQ: SIDU is an end-to-end space-as-a-service company headquartered in Houston, Texas. The firm provides mission design, spacecraft manufacturing, ground segment infrastructure and mission operations through a turnkey approach tailored to commercial and government customers. Sidus leverages its integrated supply chain to support client missions from concept development through data delivery.

The company's product offerings include small satellite buses, flight computers, payload integration services and proprietary ground control software, supplemented by cloud-based data processing and analytics tools.

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