Astra Space, Inc. (ASTR)

NASDAQ: ASTR · IEX Real-Time Price · USD
1.85
0.00 (0.00%)
At close: Sep 29, 2023, 4:00 PM
1.81
-0.04 (-2.16%)
After-hours: Sep 29, 2023, 7:59 PM EDT
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]

Sector Industrials
Founded 2016
Employees 359
Stock Exchange NASDAQ
Ticker Symbol ASTR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for ASTR stock is "Hold" and the 12-month stock price forecast is $15.0.

Price Target
$15.0
(710.81% upside)
Analyst Consensus: Hold
Stock Forecasts

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...

2 days ago - Business Wire

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...

18 days ago - Business Wire

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...

6 weeks ago - Business Wire

Space Companies Struggle to Meet Lofty Goals

Newer industry players are cutting jobs, trimming spending and reining in plans.

Other symbols: PLSATL
2 months ago - WSJ

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...

2 months ago - Business Wire

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.

2 months ago - CNBC

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 ...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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 ...

2 months ago - Market Watch

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.

2 months ago - CNBC

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.

Other symbols: BABALLBKSYLMT
3 months ago - CNBC

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 ...

4 months ago - Business Wire

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 ...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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.

Other symbols: SPCE
6 months ago - CNBC

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...

6 months ago - Business Wire

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 ...

6 months ago - Business Wire

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.

7 months ago - CNBC

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."

7 months ago - CNBC

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...

7 months ago - Business Wire

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 ...

7 months ago - Business Wire

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...

8 months ago - Business Wire