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/YSS
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YSS

YSS

YSS
$17.93USD↓-3.24%-0.60 today

MARKET CAP

2.4B

P/E (TTM)

—

FWD P/E

—

DAY RANGE

$18 – $19

52W RANGE

$17
$45

AI Summary

Stalk
TrimMedium

Despite extreme oversold readings and a bearish exhaustion pattern signaling short-term seller fatigue, the broader context remains a Stage 4 decline with confirmed lower highs and lower lows. Both medium- and long-term biases stay bearish, so sell-side engagement is the only permitted side. Short-term timing is neutral—defer execution until rallies into the declining 9/21 EMAs and 50-day MA where failure signals an actionable trim.

  • ↑Backlog grew 18% YoY to $642.3 M, underpinning revenue visibility.
  • ↑Q1 revenue of $116 M (+9% YoY) shows sustained demand.
  • ↓Securities investigation dents credibility; low 13F ownership signals doubt.
Full analysis →

The case for & against

Bull & Bear analysis

Bearish

York Space Systems, Inc. (NYSE: YSS) is an emerging player in the aerospace and defense sector, specializing in the design and manufacturing of small satellite systems for both government and commercial applications. The company operates at the forefront of the national security space sector, positioned to capitalize on increasing demand for advanced satellite capabilities amidst a buoyant backdrop of government contracts. Following its recent IPO, York has pursued strategic acquisitions and operational enhancements aimed at fostering growth and improving execution efficiency in a highly competitive landscape.

Bull says

  • ↑Backlog grew 18% YoY to $642.3 M, underpinning revenue visibility.
  • ↑Q1 revenue of $116 M (+9% YoY) shows sustained demand.
  • ↑2026 revenue guidance set at $545–595 M, driven by national security spend.
  • ↑Allspace acquisition boosts mobile tactical communications capabilities.
  • ↑Building 20 satellites in inventory aims to cut delivery times ~75%.
  • ↑High liquidity and reduced leverage improve financial resilience.

Bear says

  • ↓Securities investigation dents credibility; low 13F ownership signals doubt.
  • ↓Operating expenses surged 35% YoY, pushing gross margin down to 19%.
  • ↓Adjusted EBITDA swung to −$3.6 M vs +$5.5 M last year, raising cash burn flags.
  • ↓Supply chain delays shift revenue into H2, adding timing uncertainty.
  • ↓High volatility and elevated short interest reflect market skepticism.
  • ↓Heavy reliance on government contracts risks procurement and revenue clarity.

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-20-2026neutral

Transcript signals

Bull points

  • So we've seen significant improvements at Potomac, where its main function is assembly, integration, and test, improving from a week to complete vibration testing to just a day routinely, reflecting our growth capabilities.
  • the first 20 platforms to accelerate your time to delivery. So what is your target inventory level by the end of the year? And how should we think about any potential cash headwind from that and what you expect for revenue recognition as we speed up delivery cadence?
  • We're building 20 to inventory now. And like I said, we have 11, actually, that I think we could make available for inventory as well, demonstrating our proactive inventory management to meet future contract demands.

Bear points

  • So we're in a significant contract asset status meaning we've incurred more costs and recognized more revenue than cash received, indicating potential cash flow challenges in the short term.
  • The EAC change was negative, but there's a kind of a good story behind it.
  • and then i'll share what i can with it
Read full transcript analysis ›