NASDAQ:ASTR

Astra Space (ASTR) Stock Forecast, Price & News

$0.36

+0.01 (+1.60%)

(As of 05/26/2023 08:46 PM ET)

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Today's Range: $0.35
▼
$0.38
50-Day Range: $0.35
▼
$0.49
52-Week Range: $0.35
▼
$2.70

Volume: 1.57 million shs
Average Volume: 1.74 million shs
Market Capitalization: $96.29 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.00

Astra Space MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 181.2% Upside
$1.00 Price Target
Short Interest: Bearish
16.00% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.15
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.51) to ($0.25) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.46 out of 5 stars

Aerospace Sector

40th out of 46 stocks

Transportation Services Industry

15th out of 17 stocks

3.0

Analyst's Opinion

Consensus Rating
Astra Space has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $1.00, Astra Space has a forecasted upside of 181.2% from its current price of $0.36.
Amount of Analyst Coverage
Astra Space has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
16.00% of the float of Astra Space has been sold short.
Short Interest Ratio / Days to Cover
Astra Space has a short interest ratio ("days to cover") of 17.7, which indicates bearish sentiment.
Change versus previous month
Short interest in Astra Space has recently increased by 0.26%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Astra Space does not currently pay a dividend.
Dividend Growth
Astra Space does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ASTR.

1.2

News and Social Media Coverage

News Sentiment
Astra Space has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Aerospace companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Astra Space this week, compared to 5 articles on an average week.
Search Interest
Only 9 people have searched for ASTR on MarketBeat in the last 30 days. This is a decrease of -68% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Astra Space to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Astra Space insiders have not sold or bought any company stock.
Percentage Held by Insiders
36.45% of the stock of Astra Space is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 34.42% of the stock of Astra Space is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Astra Space are expected to grow in the coming year, from ($0.51) to ($0.25) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Astra Space is -0.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Astra Space is -0.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Astra Space has a P/B Ratio of 2.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Astra Space (NASDAQ:ASTR) Stock

Astra Space, Inc., a space launch company, designs, tests, manufactures, and operates launch services, and space products and services. The company also designs, tests, manufactures, and operates propulsion modules to enable satellites to orbit in space. Its customers primarily include satellite operators and manufacturers, government agencies, and defense prime contractors. The company was founded in 2016 and is headquartered in Alameda, California.

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ASTR Stock News Headlines

May 25, 2023 | msn.com

Space Business: Fired Up

May 23, 2023 | finance.yahoo.com

Individual investors account for 52% of Astra Space, Inc.'s (NASDAQ:ASTR) ownership, while insiders account for 21%

May 29, 2023 | Behind the Markets (Ad)

U.S. Loses to China in Shocking WAR GAMES

=== BREAKING === U.S. Loses to China in Shocking WAR GAMES Pentagon says new "living missile" key to winning a future conflict. Investors stand to reap 35,960% on shares of the small defense contractor that makes powerful new weapon. Get the name of the stock here >>>

May 16, 2023 | msn.com

13-Year-Old From Elon Musk's School Wins Space Science Competition

May 16, 2023 | finance.yahoo.com

Department of Defense Awards Astra New Launch Contract Add-on

May 16, 2023 | finance.yahoo.com

Q1 2023 Astra Space Inc Earnings Call

May 15, 2023 | finance.yahoo.com

Astra Announces First Quarter 2023 Financial Results

May 14, 2023 | americanbankingnews.com

Astra Space (ASTR) Set to Announce Quarterly Earnings on Monday

May 29, 2023 | Behind the Markets (Ad)

U.S. Loses to China in Shocking WAR GAMES

May 12, 2023 | msn.com

Space Business: Speed Haven

May 12, 2023 | msn.com

Netflix Best Sci-Fi Movies: Here are 13 of the most highly rated science fiction films on Netflix UK - including Ad Astra

May 11, 2023 | msn.com

Ashlee Vance's 'When The Heavens Went On Sale' unveils the mysterious world of space startups

May 10, 2023 | nytimes.com

The Capitalist Generation’s Space Race

May 8, 2023 | msn.com

NASA’s hurricane-tracking satellites finally make it to orbit after Space Coast failure

May 8, 2023 | abcnews.go.com

Review: 'Heavens' profiles figures in modern space race

May 6, 2023 | news.yahoo.com

NASA Set to Launch Satellite Constellation to Better Track Extreme Storms From Space

May 3, 2023 | msn.com

Ad Astra's cast is out of this world – and you can stream it next week

April 29, 2023 | msn.com

REVIEW: Astra Hotel, Seattle

April 29, 2023 | msn.com

Ashlee Vance spills the beans on the secret exciting life of space startups

April 28, 2023 | marketwatch.com

8-K: Astra Space, Inc.

April 27, 2023 | businesswire.com

Astra to Report First Quarter 2023 Financial Results on May 15 th, 2023

April 27, 2023 | finance.yahoo.com

Astra to Report First Quarter 2023 Financial Results on May 15th, 2023

April 27, 2023 | finance.yahoo.com

Astra Announces Spacecraft Engine Contract with Apex

April 25, 2023 | msn.com

Ursa Major to provide engines for the upper stage of Astra’s new rocket

April 25, 2023 | yahoo.com

Ursa Major to provide engines for the upper stage of Astra's new rocket

April 24, 2023 | technews.tmcnet.com

Ursa Major to Provide Upper Stage Rocket Engines for Astra's Rocket 4

April 24, 2023 | msn.com

Space Force awards Astra Space mission as new rocket progresses

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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ASTR Company Calendar

Last Earnings: 3/30/2023
Today: 5/28/2023
Next Earnings (Estimated): 8/03/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Transportation services
Sub-Industry: N/A
Sector: Aerospace
Current Symbol: NASDAQ:ASTR
CUSIP: N/A
CIK: 1814329
Web: astra.com
Phone: 866-278-7217
Fax: N/A
Employees: 126
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $1.00
High Stock Price Forecast: $1.00
Low Stock Price Forecast: $1.00
Forecasted Upside/Downside: +181.2%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.40)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-411,440,000.00
Net Margins: N/A
Pretax Margin: -6,789.12%
Return on Equity: -151.76%
Return on Assets: -89.32%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.05
Quick Ratio: 0.97

Sales & Book Value

Annual Sales: $9.37 million
Price / Sales: 10.28
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.16 per share
Price / Book: 2.22

Miscellaneous

Outstanding Shares: 270,770,000
Free Float: 172,075,000
Market Cap: $96.29 million
Optionable: Optionable
Beta: 2.15

Key Executives

Mr. Chris C. Kemp (Age 45)
Founder, Pres, Chairman & CEO
Comp: $557.1k

Dr. Adam London (Age 49)
Founder, CTO & Director
Comp: $407.65k

Mr. Martin Attiq (Age 39)
Chief Bus. Officer
Comp: $460k

Mr. Axel Martinez (Age 51)
Chief Financial Officer

Mr. Christopher P. Ricci
Gen. Counsel

Mr. Michael Stitcher
VP of Compliance & Deputy Gen. Counsel

Ms. Carla Supanich
VP of People

Mr. Pablo Gonzales
Sr. VP of Factory Automation

Ms. Kerry McIntosh
Chief of Staff

Andrew Hsiung
VP of Strategic Fin. & Capital Markets

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ASTR Stock - Frequently Asked Questions

Should I buy or sell Astra Space stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Astra Space in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" ASTR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ASTR, but not buy additional shares or sell existing shares.
View ASTR analyst ratings or view top-rated stocks.
What is Astra Space's stock price forecast for 2023?: 1 equities research analysts have issued 12-month target prices for Astra Space's stock. Their ASTR share price forecasts range from $1.00 to $1.00. On average, they expect the company's share price to reach $1.00 in the next twelve months. This suggests a possible upside of 181.2% from the stock's current price.
View analysts price targets for ASTR or view top-rated stocks among Wall Street analysts.
How have ASTR shares performed in 2023?: Astra Space's stock was trading at $0.4338 at the beginning of the year. Since then, ASTR shares have decreased by 18.0% and is now trading at $0.3556.
View the best growth stocks for 2023 here.
When is Astra Space's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our ASTR earnings forecast.
How were Astra Space's earnings last quarter?: Astra Space, Inc. (NASDAQ:ASTR) issued its quarterly earnings results on Thursday, March, 30th. The company reported ($0.14) earnings per share (EPS) for the quarter. During the same period in the previous year, the company earned ($0.22) EPS.
What ETFs hold Astra Space's stock?: ETFs with the largest weight of Astra Space (NASDAQ:ASTR) stock in their portfolio include Procure Space ETF (UFO).

What is Astra Space's stock symbol?: Astra Space trades on the NASDAQ under the ticker symbol "ASTR."
Who are Astra Space's major shareholders?: Astra Space's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.60%), Geode Capital Management LLC (1.05%), Renaissance Technologies LLC (0.76%), Koss Olinger Consulting LLC (0.22%), Penserra Capital Management LLC (0.20%) and Two Sigma Investments LP (0.19%). Insiders that own company stock include A/Npc Holdings Llc, Chris Kemp and Michael E Lehman.
View institutional ownership trends.
How do I buy shares of Astra Space?: Shares of ASTR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Astra Space's stock price today?: One share of ASTR stock can currently be purchased for approximately $0.36.
How much money does Astra Space make?: Astra Space (NASDAQ:ASTR) has a market capitalization of $96.29 million and generates $9.37 million in revenue each year. The company earns $-411,440,000.00 in net income (profit) each year or ($1.40) on an earnings per share basis.
How many employees does Astra Space have?: The company employs 126 workers across the globe.
How can I contact Astra Space?: Astra Space's mailing address is 2300 CARILLON POINT, KIRKLAND WA, 98033. The official website for the company is astra.com. The company can be reached via phone at 866-278-7217 or via email at investors@astra.com.

This page (NASDAQ:ASTR) was last updated on 5/29/2023 by MarketBeat.com Staff

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