The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the aerospace & defense peer group is "buy"
Wall Street's median 12-month price target for York Space Systems Inc is $33.00, about 198.9% above its August 12 closing price of $11.04
Full-year outlook
York expects full-year 2026 revenue between $375 mln and $405 mln
Company lowers 2026 revenue outlook due to shift in U.S. government acquisition methods
York says contracts won in 2026 expected to drive growth in 2027 and beyond
Quarterly results
US space and defense prime's Q2 revenue rose 10% yr/yr, driven by government programs
Gross profit more than doubled, with margin up on roll-off of negative EAC adjustment
Company cut full-year 2026 revenue guidance due to slower government contract awards
GOVERNMENT PROGRAMS - Revenue growth was primarily driven by expansion in major government programs
GROSS MARGIN IMPROVEMENT - Gross margin rose mainly due to the rolling off of a negative EAC adjustment last year
CONTRACTING SHIFT - Company cited a shift in U.S. government procurement to IDIQ contracts, resulting in slower initial awards but potential for faster follow-on task orders