EchoStar Stock Surges Amid SpaceX Buzz
Morgan Stanley upgrades EchoStar after SpaceX deal. Shares jump on rising spectrum value and SpaceX IPO speculation.
Morgan Stanley upgrades EchoStar after SpaceX deal. Shares jump on rising spectrum value and SpaceX IPO speculation.
Deutsche Bank upgrades FireFly Aerospace (FLY) to Buy with $30 price target. Q3 earnings beat expectations with $30.8M revenue. Stock surges 20% on strong 2025 guidance and resolved engine issues.
Deutsche Bank analyst upgrades Intuitive Machines to Buy with $18 price target, citing "strong catalysts" and discount to space peers. Major contracts could drive gains.
Firefly Aerospace's first post-IPO report showed wider losses and lower revenue. The CEO claims "steady progress", noting they are increasing rocket production to meet strong demand for space launches, especially for national security missions.
Firefly Aerospace's IPO at $45/share raises $868.3M, valuing it at $6.32B. Moon landing and $1.1B backlog drive demand. Trading "FLY."