Shares of York Space Systems Inc. (NYSE:YSS – Get Free Report) reached a new 52-week low during trading on Wednesday. The stock traded as low as $7.33 and last traded at $7.3170, with a volume of 942863 shares trading hands. The stock had previously closed at $8.03.
York Space Systems News Summary
Here are the key news stories impacting York Space Systems this week:
- Positive Sentiment: York Space Systems reportedly expanded its Austin presence with a new office, which could support hiring, engineering activity and future growth. However, the announcement provides limited details on the office’s financial impact. York Space Systems Expands Austin Presence with New Office
- Neutral Sentiment: Several investor-rights firms reminded shareholders that October 30, 2026 is the deadline to seek lead-plaintiff status in the pending federal securities class action. The notices mainly solicit investors and do not represent new findings or a final judgment. Rosen York Space Systems Investor Notice
- Negative Sentiment: Multiple law firms, including Bleichmar Fonti & Auld, Hagens Berman, Rosen, Pomerantz, Faruqi & Faruqi, and others, publicized the filed securities lawsuit against York Space Systems and certain executives. The action covers investors who bought securities in or traceable to the January 2026 IPO, or during January 29–May 11, 2026. BFA York Space Systems Securities Class Action Alert
- Negative Sentiment: The allegations center on claims that York’s IPO disclosures failed to reveal that mission-critical satellite software was unfinished or not fully functional before launch. Investor notices also cite a short report’s allegation that a Pentagon program supplied approximately 96% of York’s revenue and had been eliminated. These claims remain allegations, but they raise risks involving disclosure practices, government-contract concentration, potential damages and management credibility. Levi and Korsinsky York Space Systems Shareholder Alert
Analysts Set New Price Targets
A number of research analysts recently issued reports on the stock. Wells Fargo & Company decreased their target price on shares of York Space Systems from $35.00 to $17.00 and set an “overweight” rating for the company in a research report on Monday, August 31st. Barclays set a $11.00 price target on York Space Systems in a research report on Thursday. Needham & Company LLC reduced their price objective on York Space Systems from $33.00 to $18.00 and set a “buy” rating for the company in a research note on Friday, August 14th. Canaccord Genuity Group reissued a “hold” rating and issued a $13.50 price objective (down from $36.00) on shares of York Space Systems in a report on Monday, August 17th. Finally, Jefferies Financial Group lowered their target price on York Space Systems from $32.00 to $15.00 and set a “buy” rating on the stock in a research note on Monday, August 17th. Five analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $17.04.
York Space Systems Price Performance
The stock has a market capitalization of $992.43 million and a PE ratio of -12.25. The company has a debt-to-equity ratio of 0.08, a current ratio of 5.34 and a quick ratio of 5.05. The stock’s fifty day moving average is $9.61 and its 200-day moving average is $21.22.
York Space Systems (NYSE:YSS – Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($0.12). The firm had revenue of $92.55 million for the quarter. As a group, equities analysts predict that York Space Systems Inc. will post -1.73 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, major shareholder Blackrock Portfolio Management sold 200,170 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $10.99, for a total value of $2,199,868.30. Following the completion of the sale, the insider directly owned 16,517,115 shares in the company, valued at $181,523,093.85. The trade was a 1.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders sold 655,215 shares of company stock valued at $8,390,822 over the last quarter.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in YSS. Tidal Investments LLC acquired a new position in York Space Systems during the second quarter worth $45,381,000. Nissay Asset Management Corp Japan purchased a new stake in shares of York Space Systems during the second quarter worth about $8,497,000. Bank of America Corp DE increased its stake in shares of York Space Systems by 234.2% during the second quarter. Bank of America Corp DE now owns 370,425 shares of the company’s stock worth $9,120,000 after purchasing an additional 259,577 shares in the last quarter. BlackRock Inc. raised its position in shares of York Space Systems by 1.1% during the 2nd quarter. BlackRock Inc. now owns 19,212,689 shares of the company’s stock worth $473,016,000 after purchasing an additional 200,250 shares during the last quarter. Finally, Wellington Management Group LLP purchased a new position in York Space Systems in the 2nd quarter valued at about $4,231,000.
York Space Systems Company Profile
York Space Systems is a U.S. aerospace company that designs, manufactures and operates spacecraft for low Earth orbit (LEO) missions. Founded in 2012 and headquartered in Denver, Colorado, the company develops standardized, scalable satellite platforms intended to support communications, Earth observation, remote sensing and other space-based applications.
Its product portfolio includes the S-class spacecraft platform and related satellite systems, ground infrastructure and mission-operations capabilities.
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