Astra Space, Inc. (ASTR)
Market Cap | 34.06M |
Revenue (ttm) | 3.48M |
Net Income (ttm) | -302.32M |
Shares Out | 18.41M |
EPS (ttm) | -16.95 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 112,389 |
Open | 1.88 |
Previous Close | 1.85 |
Day's Range | 1.81 - 1.90 |
52-Week Range | 1.65 - 11.10 |
Beta | 2.11 |
Analysts | Hold |
Price Target | 15.00 (+710.81%) |
Earnings Date | Nov 7, 2023 |
About ASTR
Astra Space, Inc. designs, tests, manufactures, and operates launch services, and space products and services in the United States of America. It operates through Launch Services and Space Products segments. Launch Services segment provides launch services to satellite operators and government, which conduct the launch operations from Pacific Spaceport Complex in Kodiak, Alaska and Cape Canaveral Space Force Station in Cape Canaveral, Florida. Its Space Products segment design and provide space products for satellite launch including space elec... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to one analyst, the rating for ASTR stock is "Hold" and the 12-month stock price forecast is $15.0.
News

Astra Cures Bid Price Deficiency and Regains Compliance with Nasdaq Listing Standards
ALAMEDA, Calif.--(BUSINESS WIRE)---- $ASTR #adastra--Astra Space, Inc. (“Astra” or the “Company”) (Nasdaq: ASTR) today announced it has received notice from the Nasdaq Capital Market (“Nasdaq”) on Sep...

Astra Space, Inc. Announces Reverse Stock Split
ALAMEDA, Calif.--(BUSINESS WIRE)--Astra Space, Inc. (NASDAQ: ASTR) (“Astra” or the “Company”) is announcing that the Company's Board of Directors has approved a reverse stock split (the “Reverse Stock...

Astra Announces Second Quarter 2023 Financial Results
ALAMEDA, Calif.--(BUSINESS WIRE)--Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) today announced financial results for its second quarter ended June 30, 2023. Astra also announced on August 4, 2023 a stra...

Space Companies Struggle to Meet Lofty Goals
Newer industry players are cutting jobs, trimming spending and reining in plans.

Astra to Host Conference Call on August 7, 2023
ALAMEDA, Calif.--(BUSINESS WIRE)--Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) will host a conference call to discuss recent events via a webcast at 6:00am PT (9:00am ET) on Monday, August 7, 2023. A li...

Astra conducts layoffs, raises debt and shifts focus to spacecraft engines in bid to survive
Struggling space company Astra is cutting 25% of its workforce and restructuring to focus more on its spacecraft engine business.

Astra Secures $12.5 Million Senior Secured Note Financing
ALAMEDA, Calif.--(BUSINESS WIRE)---- $ASTR #adastra--Astra Space, Inc. (“Astra”) (NASDAQ: ASTR) announced today that it has closed a registered issuance of $12.5 million aggregate principal amount of ...

Astra Optimizes Workforce to Support Sustainable Long-Term Business Plan
ALAMEDA, Calif.--(BUSINESS WIRE)--Astra Space, Inc. (“Astra”) (NASDAQ: ASTR) today announced a strategic reallocation of its workforce from its Launch Services organization to its Astra Spacecraft Eng...

Astra to Report Second Quarter 2023 Financial Results on August 14th, 2023
ALAMEDA, Calif.--(BUSINESS WIRE)--Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) will report financial results for its second quarter ended June 30, 2023, after market close on Monday, August 14, 2023. As...

Astra Space plans reverse stock split, $65 million raise
Aerospace company Astra Space Inc. ASTR, +4.25% said in a filing late Monday it plans a 1-to-15 reverse stock split and an at-market raising of up to $65 million in shares. The reverse stock split is ...

Astra plans a reverse stock split, seeks to raise up to $65 million in offering
The company previously outlined a reverse split as part of its plan to avoid delisting by the Nasdaq exchange.

Investing in Space: Bankers and insiders say M&A action is heating up
The space sector has seen a variety of mergers and acquisitions since the start of the year, but the deal-making is only heating up.

Department of Defense Awards Astra New Launch Contract Add-on
ALAMEDA, Calif.--(BUSINESS WIRE)---- $ASTR #adastra--Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) announced today that it has been awarded a launch contract add-on for Rocket 4's first test flight with ...

Astra Announces First Quarter 2023 Financial Results
ALAMEDA, Calif.--(BUSINESS WIRE)--Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) today announced financial results for its first quarter ended March 31, 2023. Astra also announced that 8 Astra Spacecraft ...

Astra to Report First Quarter 2023 Financial Results on May 15th, 2023
ALAMEDA, Calif.--(BUSINESS WIRE)--Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) will report financial results for its first quarter ended March 31, 2023, after market close on Monday, May 15, 2023. Astra...

Astra Announces Spacecraft Engine Contract with Apex
ALAMEDA, Calif.--(BUSINESS WIRE)---- $ASTR #adastra--Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) and Apex Technology, Inc. (“Apex”) today announced a contract for Astra to initially provide 5 Spacecraf...

Space Force Awards Astra New Launch Order for Rocket 4
ALAMEDA, Calif.--(BUSINESS WIRE)---- $ASTR #adastra--Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) announced today that it has been awarded a launch task order for Rocket 4 through the United States Spac...

Virgin Orbit was a promising company that could never find a working business model
Virgin Orbit targeted the small satellite launch market, catering to customers whose satellites weighed up to 500 kilograms or 1,100 pounds.

Astra Takes Action to Protect Shareholders Against Potential Illegal Trading Activities
ALAMEDA, Calif.--(BUSINESS WIRE)--Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) today announced that it has taken initial steps to mitigate potential illegal short selling in its shares, including provid...

Astra Announces Fourth Quarter and Fiscal Year 2022 Financial Results
ALAMEDA, Calif.--(BUSINESS WIRE)---- $ASTR #AdAstra--Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) today announced financial results for its fourth quarter and fiscal year ended December 31, 2022. Astra ...

Astra outlines its plan to avoid Nasdaq delisting, including possible reverse stock split
Astra is seeking a 180-day extension to Nasdaq's deadline for the company's stock to return above $1 a share.

Astra investigating 'potential illegal short selling' as delisting deadline looms
Astra said it hired financial software firm ShareIntel to assist with its review of "suspicious, aberrant or unusual trading activity."

Astra Investigates Potential Illegal Short Selling
ALAMEDA, Calif.--(BUSINESS WIRE)---- $ASTR #adastra--Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) today announced that it is taking steps to proactively review stockholder ownership of Astra's Class A c...

Astra to Report Fourth Quarter 2022 Financial Results on March 30th, 2023
ALAMEDA, Calif.--(BUSINESS WIRE)---- $ASTR #adastra--Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) will report financial results for its fourth quarter and fiscal year ended December 31, 2022, after the ...

Julie Cullivan Joins Astra Board of Directors
ALAMEDA, Calif.--(BUSINESS WIRE)--Astra Space, Inc. (“Astra”) (NASDAQ: ASTR), a provider of products and services to the global space industry, is proud to announce the appointment of Julie Cullivan...