York Space Systems (NYSE:YSS) Shares Gap Down After Earnings Miss

Key Points

• York Space Systems shares fell sharply, opening at $10.06 versus a prior close of $11.51, after the company reported a second-quarter loss of $0.31 per share—$0.12 worse than analyst expectations.
• Revenue rose 10% year over year to $92.55 million and gross profit more than doubled to $22.2 million, but net loss widened to $39.3 million and adjusted EBITDA remained negative.
• Fiscal 2026 revenue guidance of $375 million to $405 million is well below the roughly $555 million analyst consensus, adding pressure alongside analyst target cuts, insider selling and an ongoing securities-law investigation.

York Space Systems Inc. (NYSE:YSS - Get Free Report) gapped down prior to trading on Friday following a weaker than expected earnings announcement. The stock had previously closed at $11.51, but opened at $10.06. York Space Systems shares last traded at $10.3830, with a volume of 1,569,267 shares.

The company reported ($0.31) EPS for the quarter, missing the consensus estimate of ($0.19) by ($0.12). The company had revenue of $92.55 million during the quarter.

York Space Systems News Summary

Here are the key news stories impacting York Space Systems this week:

• Positive Sentiment: Needham & Company lowered its price target to $18 from $33 but maintained a Buy rating. The revised target still implies substantial potential upside from the referenced share price, signaling that the analyst sees the recent selloff as potentially excessive. Benzinga analyst rating report
• Positive Sentiment: Second-quarter revenue increased 10% year over year to $92.5 million, while gross profit more than doubled to $22.2 million. These results point to improving operating profitability despite the company remaining loss-making. York Space Systems Reports Second Quarter 2026 Results
• Neutral Sentiment: Management reported second-quarter results and discussed the company’s outlook on its earnings call. Investors will be watching execution against the updated revenue forecast and progress toward improving cash flow and profitability. York Space Systems Q2 2026 Earnings Call Transcript
• Negative Sentiment: York Space Systems reported a second-quarter loss of $0.31 per share, wider than the $0.19 loss analysts expected. Net loss increased to $39.3 million from $24.2 million a year earlier, while adjusted EBITDA remained negative at $9.5 million. York Space Systems quarterly earnings report
• Negative Sentiment: The company’s fiscal 2026 revenue outlook of $375 million to $405 million is substantially below the approximately $555.3 million analyst consensus estimate. The guidance gap raises concerns about demand, contract timing, or execution and may weigh on investor expectations.
• Negative Sentiment: A law firm is continuing an investigation into potential federal securities-law violations involving York Space Systems. The investigation does not establish wrongdoing, but it adds legal and reputational uncertainty for shareholders. Securities Fraud Investigation Into York Space Systems

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Wall Street Zen lowered shares of York Space Systems from a "hold" rating to a "sell" rating in a report on Wednesday, August 5th. Citigroup upped their target price on shares of York Space Systems from $31.00 to $33.00 and gave the stock a "buy" rating in a research report on Wednesday, July 1st. Weiss Ratings reissued a "sell (d)" rating on shares of York Space Systems in a research note on Wednesday. The Goldman Sachs Group lifted their price target on York Space Systems from $28.00 to $31.00 and gave the stock a "neutral" rating in a research note on Monday, April 20th. Finally, Needham & Company LLC cut their price objective on York Space Systems from $33.00 to $18.00 and set a "buy" rating for the company in a report on Friday. Seven investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, York Space Systems has an average rating of "Moderate Buy" and an average target price of $33.40.

Insider Activity

In related news, major shareholder Blackrock Portfolio Management sold 200,170 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of $10.99, for a total transaction of $2,199,868.30. Following the transaction, the insider owned 16,517,115 shares of the company's stock, valued at approximately $181,523,093.85. This trade represents a 1.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last three months, insiders have sold 655,215 shares of company stock valued at $8,390,822.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. BlackRock Inc. boosted its holdings in York Space Systems by 1.1% during the 2nd quarter. BlackRock Inc. now owns 19,212,689 shares of the company's stock valued at $473,016,000 after acquiring an additional 200,250 shares during the period. Deutsche Bank AG lifted its position in York Space Systems by 66.6% in the second quarter. Deutsche Bank AG now owns 19,019 shares of the company's stock valued at $468,000 after purchasing an additional 7,603 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in York Space Systems in the second quarter valued at approximately $1,162,000. Finally, Persistent Asset Partners Ltd purchased a new stake in shares of York Space Systems during the second quarter valued at approximately $53,000.

York Space Systems Stock Down 11.0%

The company has a debt-to-equity ratio of 0.08, a quick ratio of 5.29 and a current ratio of 5.53. The company has a fifty day moving average of $21.34. The stock has a market cap of $1.33 billion and a PE ratio of -36.58.

About York Space Systems

York Space Systems is a leading, U.S.-based, space and defense prime(1) providing a comprehensive suite of mission-critical solutions for national security, government and commercial customers. York is one of the only space and defense primes with proprietary hardware and software capabilities designed to address customers' complex mission requirements across the critical elements of the entire space ecosystem throughout the mission lifecycle. York is the number one provider to the U.S. Department of Defense's (“DoD”) Proliferated Warfighter Space Architecture (“PWSA”) by number of spacecraft operating in-orbit, by number of contracts, and by variety of contract types as of September 2025.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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