Three Underrated Space Stocks Worth Buying
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 28 minutes ago
0mins
Source: Yahoo Finance
- Lunar Exploration Potential: Intuitive Machines (NASDAQ: LUNR) focuses on lunar access and exploration, recently securing over $428 million in new contracts, boosting its backlog to $1.1 billion, with Q1 2026 revenue hitting $186 million, nearly tripling year-over-year, indicating strong growth in the space infrastructure sector.
- Defense Business Expansion: Redwire (NYSE: RDW) is diversifying its revenue streams through the 2025 acquisition of Edge Autonomy, achieving $97 million in Q1 2026 revenue, a 58% increase from last year, and boasting a record backlog of $498 million, reflecting its strategic positioning in the defense sector.
- Earth Observation Opportunities: Spire Global (NYSE: SPIR) specializes in earth observation, anticipating revenue of $75 million to $85 million in 2026, representing 50% year-over-year growth, with its stock gaining 145% year-to-date, showcasing its broad application potential across industries like meteorology and aviation.
- Accelerating Capital Inflow: As significant capital flows into space-related companies, these financially sound and undervalued stocks, despite the spotlight on firms like SpaceX, may offer lucrative returns for long-term investors, warranting attention from savvy investors.
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Analyst Views on RKLB
Wall Street analysts forecast RKLB stock price to fall
11 Analyst Rating
7 Buy
4 Hold
0 Sell
Moderate Buy
Current: 148.030
Low
63.00
Averages
86.89
High
120.00
Current: 148.030
Low
63.00
Averages
86.89
High
120.00
About RKLB
Rocket Lab Corporation is an end-to-end space company. The Company designs and manufactures small and medium-class rockets, spacecraft and spacecraft components, and related software and services to support the space economy. The Company delivers reliable launch services, satellite manufacture, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions that make it easier to access space. Its Launch Services segment provides launch and launch-related services to customers on a dedicated mission or ride-share basis. Its Space Systems segment comprises the design and manufacture of spacecraft components and spacecraft program management services, space data applications, and mission operations. Its space systems solutions are the building blocks for spacecraft, which include composite structures, reaction wheels, star trackers, solar solutions, radios, separation systems, and command and control spacecraft software.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Three Underrated Space Stocks Worth Buying
- Lunar Exploration Potential: Intuitive Machines (NASDAQ: LUNR) focuses on lunar access and exploration, recently securing over $428 million in new contracts, boosting its backlog to $1.1 billion, with Q1 2026 revenue hitting $186 million, nearly tripling year-over-year, indicating strong growth in the space infrastructure sector.
- Defense Business Expansion: Redwire (NYSE: RDW) is diversifying its revenue streams through the 2025 acquisition of Edge Autonomy, achieving $97 million in Q1 2026 revenue, a 58% increase from last year, and boasting a record backlog of $498 million, reflecting its strategic positioning in the defense sector.
- Earth Observation Opportunities: Spire Global (NYSE: SPIR) specializes in earth observation, anticipating revenue of $75 million to $85 million in 2026, representing 50% year-over-year growth, with its stock gaining 145% year-to-date, showcasing its broad application potential across industries like meteorology and aviation.
- Accelerating Capital Inflow: As significant capital flows into space-related companies, these financially sound and undervalued stocks, despite the spotlight on firms like SpaceX, may offer lucrative returns for long-term investors, warranting attention from savvy investors.
See More
Energy Stocks Decline as Nextpower Acquires Battery Firm
- Energy Sector Decline: Energy stocks fell for the fourth consecutive day after President Trump indicated a potential deal to end the U.S.-Iran conflict, with OneOK leading the S&P 500 energy sector down over 3%, reflecting market concerns about the industry's outlook.
- Nextpower Acquisition: Nextpower's stock surged 13% following its announcement of acquiring battery storage company Prevalon Energy for approximately $365 million, while also raising its full-year revenue guidance, indicating its strategic expansion in the renewable energy sector.
- Dell Technologies Surge: Dell Technologies' shares jumped 29% after raising its full-year guidance, projecting adjusted earnings of $17.90 per share and revenue between $165 billion and $169 billion, significantly exceeding analyst expectations, showcasing strong market demand recovery.
- American Eagle's Poor Performance: American Eagle Outfitters' shares dropped 13% as comparable sales at its American Eagle banner fell 2% in Q1, with second-quarter guidance disappointing analysts, highlighting the sales pressure and intensified competition it faces.
See More
Starfighters Space Secures $17.5 Million Investment for STARLAUNCH
- Funding Support: On May 22, 2026, Starfighters Space announced a strategic equity investment of $17.5 million aimed at supporting the continued development of the STARLAUNCH platform and broader commercial space initiatives, with funds allocated for infrastructure development and operational expansion, thereby enhancing the company's competitive position in the market.
- Executive Appointments: The company appointed two senior leaders from Blue Origin, Jose Arias as Vice President of Space Operations and Catrina L. Medeiros as Director of STARLAUNCH Operations, which not only enhances the company's execution capabilities but also provides strong management support for the successful implementation of the STARLAUNCH project.
- Market Outlook: With SpaceX planning to go public on June 12, 2026, targeting up to $75 billion in funding, Starfighters Space is well-positioned to capitalize on this influx of capital, accelerating its commercial development and further solidifying its position in the rapidly growing space economy.
- Technical Progress: Recent milestones for the STARLAUNCH platform include a targeted space demonstration flight timeline over the next 18 to 24 months, which is expected to significantly reduce technical risks and boost market confidence through regulatory approvals and program execution.
See More
Starfighters Space Secures $17.5 Million Investment for STARLAUNCH
- Investment Support: On May 22, 2026, Starfighters Space announced a $17.5 million strategic equity investment aimed at advancing the STARLAUNCH platform and broader commercial space development, reflecting strong endorsement from global institutional investors for its long-term strategy.
- Operational Expansion Plans: The funding is earmarked specifically for operational expansion and infrastructure development, with a targeted timeline for space demonstration flights over the next 18 to 24 months, further enhancing the company's competitiveness in the flexible, high-cadence space access market.
- Executive Team Enhancement: On May 7, 2026, the company appointed two senior leaders from Blue Origin, responsible for space operations and STARLAUNCH operations, which boosts the team's expertise and execution capability, thereby increasing market confidence.
- Optimistic Market Outlook: With SpaceX planning a historic IPO, Starfighters Space's performance in the commercial space sector is increasingly under scrutiny, and it is expected to attract more investor attention due to its potential in flexible launch architecture.
See More
Blue Origin Rocket Explosion Causes Space Stocks to Plummet
- Rocket Testing Incident: A rocket being tested by Jeff Bezos' Blue Origin exploded on the launchpad at Cape Canaveral, Florida, leading to a widespread decline in space technology stocks during early trading on Friday, with AST SpaceMobile's shares plummeting 18.5%, indicating market concerns over launch capabilities.
- Deutsche Bank Downgrade: Deutsche Bank downgraded AST SpaceMobile from Buy to Hold with a price target of $106, stating that without Blue Origin's support, ASTS will struggle to meet its target of launching approximately 45 satellites by the end of 2026, significantly impacting its competitive position in the market.
- SpaceX Valuation Cut: A Bloomberg report indicated that SpaceX is targeting a valuation of $1.8 trillion, down from $2 trillion reported in April, reflecting a cautious market sentiment towards the aerospace sector and exacerbating investor concerns.
- Widespread Decline in Space Stocks: The fallout from the incident caused other U.S. space-related stocks to drop significantly, including Rocket Lab down 5.4% and Intuitive Machines down 12.3%, showcasing a broader decline in investor confidence in the aerospace industry.
See More
Dell Technologies Shares Surge 37% After Raising Full-Year Guidance
- Dell Technologies Surge: Dell Technologies' stock surged nearly 37% after raising its full-year guidance, projecting adjusted earnings of $17.90 per share and revenue between $165 billion and $169 billion, significantly exceeding analysts' expectations of $13.09 per share and $142.5 billion in revenue, indicating robust market demand and profitability.
- Computer Sector Rally: Following Dell's strong performance, shares of other computer hardware and services companies also rose, with Hewlett Packard Enterprise up over 17%, Super Micro Computer rising nearly 10%, and HP increasing almost 7%, reflecting optimistic sentiment towards the computer industry's outlook.
- American Eagle Outfitters Decline: Shares of American Eagle Outfitters dropped about 11% as comparable sales at its American Eagle banner fell 2% in Q1, missing analysts' expectations of 3.1% growth, while disappointing second-quarter operating income guidance further highlights challenges in the retail sector.
- Space Stocks Decline: Shares of space-related companies fell after a Blue Origin rocket exploded during a ground test in Florida, with AST SpaceMobile tumbling nearly 15%, EchoStar down 4.5%, and Rocket Lab down 5.5%, reflecting investor concerns over risks in the space industry.
See More
Three Underrated Space Stocks Worth Buying
- Lunar Exploration Potential: Intuitive Machines (NASDAQ: LUNR) focuses on lunar access and exploration, recently securing over $428 million in new contracts, boosting its backlog to $1.1 billion, with Q1 2026 revenue hitting $186 million, nearly tripling year-over-year, indicating strong growth in the space infrastructure sector.
- Defense Business Expansion: Redwire (NYSE: RDW) is diversifying its revenue streams through the 2025 acquisition of Edge Autonomy, achieving $97 million in Q1 2026 revenue, a 58% increase from last year, and boasting a record backlog of $498 million, reflecting its strategic positioning in the defense sector.
- Earth Observation Opportunities: Spire Global (NYSE: SPIR) specializes in earth observation, anticipating revenue of $75 million to $85 million in 2026, representing 50% year-over-year growth, with its stock gaining 145% year-to-date, showcasing its broad application potential across industries like meteorology and aviation.
- Accelerating Capital Inflow: As significant capital flows into space-related companies, these financially sound and undervalued stocks, despite the spotlight on firms like SpaceX, may offer lucrative returns for long-term investors, warranting attention from savvy investors.
See More
Energy Stocks Decline as Nextpower Acquires Battery Firm
- Energy Sector Decline: Energy stocks fell for the fourth consecutive day after President Trump indicated a potential deal to end the U.S.-Iran conflict, with OneOK leading the S&P 500 energy sector down over 3%, reflecting market concerns about the industry's outlook.
- Nextpower Acquisition: Nextpower's stock surged 13% following its announcement of acquiring battery storage company Prevalon Energy for approximately $365 million, while also raising its full-year revenue guidance, indicating its strategic expansion in the renewable energy sector.
- Dell Technologies Surge: Dell Technologies' shares jumped 29% after raising its full-year guidance, projecting adjusted earnings of $17.90 per share and revenue between $165 billion and $169 billion, significantly exceeding analyst expectations, showcasing strong market demand recovery.
- American Eagle's Poor Performance: American Eagle Outfitters' shares dropped 13% as comparable sales at its American Eagle banner fell 2% in Q1, with second-quarter guidance disappointing analysts, highlighting the sales pressure and intensified competition it faces.
See More
Starfighters Space Secures $17.5 Million Investment for STARLAUNCH
- Funding Support: On May 22, 2026, Starfighters Space announced a strategic equity investment of $17.5 million aimed at supporting the continued development of the STARLAUNCH platform and broader commercial space initiatives, with funds allocated for infrastructure development and operational expansion, thereby enhancing the company's competitive position in the market.
- Executive Appointments: The company appointed two senior leaders from Blue Origin, Jose Arias as Vice President of Space Operations and Catrina L. Medeiros as Director of STARLAUNCH Operations, which not only enhances the company's execution capabilities but also provides strong management support for the successful implementation of the STARLAUNCH project.
- Market Outlook: With SpaceX planning to go public on June 12, 2026, targeting up to $75 billion in funding, Starfighters Space is well-positioned to capitalize on this influx of capital, accelerating its commercial development and further solidifying its position in the rapidly growing space economy.
- Technical Progress: Recent milestones for the STARLAUNCH platform include a targeted space demonstration flight timeline over the next 18 to 24 months, which is expected to significantly reduce technical risks and boost market confidence through regulatory approvals and program execution.
See More
Starfighters Space Secures $17.5 Million Investment for STARLAUNCH
- Investment Support: On May 22, 2026, Starfighters Space announced a $17.5 million strategic equity investment aimed at advancing the STARLAUNCH platform and broader commercial space development, reflecting strong endorsement from global institutional investors for its long-term strategy.
- Operational Expansion Plans: The funding is earmarked specifically for operational expansion and infrastructure development, with a targeted timeline for space demonstration flights over the next 18 to 24 months, further enhancing the company's competitiveness in the flexible, high-cadence space access market.
- Executive Team Enhancement: On May 7, 2026, the company appointed two senior leaders from Blue Origin, responsible for space operations and STARLAUNCH operations, which boosts the team's expertise and execution capability, thereby increasing market confidence.
- Optimistic Market Outlook: With SpaceX planning a historic IPO, Starfighters Space's performance in the commercial space sector is increasingly under scrutiny, and it is expected to attract more investor attention due to its potential in flexible launch architecture.
See More
Blue Origin Rocket Explosion Causes Space Stocks to Plummet
- Rocket Testing Incident: A rocket being tested by Jeff Bezos' Blue Origin exploded on the launchpad at Cape Canaveral, Florida, leading to a widespread decline in space technology stocks during early trading on Friday, with AST SpaceMobile's shares plummeting 18.5%, indicating market concerns over launch capabilities.
- Deutsche Bank Downgrade: Deutsche Bank downgraded AST SpaceMobile from Buy to Hold with a price target of $106, stating that without Blue Origin's support, ASTS will struggle to meet its target of launching approximately 45 satellites by the end of 2026, significantly impacting its competitive position in the market.
- SpaceX Valuation Cut: A Bloomberg report indicated that SpaceX is targeting a valuation of $1.8 trillion, down from $2 trillion reported in April, reflecting a cautious market sentiment towards the aerospace sector and exacerbating investor concerns.
- Widespread Decline in Space Stocks: The fallout from the incident caused other U.S. space-related stocks to drop significantly, including Rocket Lab down 5.4% and Intuitive Machines down 12.3%, showcasing a broader decline in investor confidence in the aerospace industry.
See More
Dell Technologies Shares Surge 37% After Raising Full-Year Guidance
- Dell Technologies Surge: Dell Technologies' stock surged nearly 37% after raising its full-year guidance, projecting adjusted earnings of $17.90 per share and revenue between $165 billion and $169 billion, significantly exceeding analysts' expectations of $13.09 per share and $142.5 billion in revenue, indicating robust market demand and profitability.
- Computer Sector Rally: Following Dell's strong performance, shares of other computer hardware and services companies also rose, with Hewlett Packard Enterprise up over 17%, Super Micro Computer rising nearly 10%, and HP increasing almost 7%, reflecting optimistic sentiment towards the computer industry's outlook.
- American Eagle Outfitters Decline: Shares of American Eagle Outfitters dropped about 11% as comparable sales at its American Eagle banner fell 2% in Q1, missing analysts' expectations of 3.1% growth, while disappointing second-quarter operating income guidance further highlights challenges in the retail sector.
- Space Stocks Decline: Shares of space-related companies fell after a Blue Origin rocket exploded during a ground test in Florida, with AST SpaceMobile tumbling nearly 15%, EchoStar down 4.5%, and Rocket Lab down 5.5%, reflecting investor concerns over risks in the space industry.
See More
