SpacBobby

Me watching my space stocks selling off in after hours because Jensen slept with another woman…🤣 $RKLB / $ASTS / $SPCX

I can’t believe Jensen Huang popped the AI bubble with his own wang

***BREAKING*** $NVDA - *NVIDIA PREPARING TO OUST CEO JENSEN HUANG: WSJ (Wall Street Journal) -- Nvidia's board is preparing to oust CEO Jensen Huang, its founder and chief executive after he had two extramarital affairs, including one with a suspected Chinese spy. The board is preparing to meet as soon as today to determine his future, people familiar with the matter said.

$RKLB - Morgan Stanley Note on Rocket Lab This Morning: Rocket Lab's (RKLB) long-term growth prospects are supported by increased launch pricing for its Neutron rocket and an expanding backlog, even as operational delays may weigh on the company's near-term margins, Morgan Stanley said in a note overnight. Earlier in the week, the rocket and satellite company said it lifted the base launch price of its Neutron rocket to $70 million from $55 million. It secured more than $515 million in Neutron launch contracts in the third quarter, growing the rocket's backlog to 16 missions ahead of its inaugural flight. Last month, Rocket Lab delayed Neutron's first launch to 2027 due to a production issue. Customers' willingness to commit to higher prices signals strong confidence in the program and supports its long-term earnings potential, Morgan Stanley said. While investors remain focused on near-term execution, particularly Neutron's development timeline and the related margin pressure, there are several "encouraging developments" supporting the company's long-term growth outlook, Morgan Stanley said. Rocket Lab's backlog jumped 52% sequentially to $3.57 billion at the end of the September quarter, the company said Monday. It signed approximately $1 billion in new launch contracts and $470 million in space systems orders during the quarter. The strong space systems performance and expanding backlog improve long-term visibility, Morgan Stanley said." Although Neutron's revised launch schedule pushes out the anticipated contribution, we believe the improving commercial economics, broader demand environment, and fully financed Iridium acquisition, which is not yet in our estimates, reinforce the long-term investment thesis," the brokerage said. Rocket Lab agreed to acquire satellite communications provider Iridium Communications (IRDM) in June, in a cash-and-stock deal worth about $8 billion. The deal is expected to close in mid-2027. Morgan Stanley upgraded Rocket Lab's 2026 and 2027 revenue forecasts by about 1.6%. The brokerage reiterated its overweight rating on Rocket Lab's stock and lowered its price target to $103 from $105.

$ASTS - Good investment summary on the massive potential in store for AST SpaceMobile as the revenue ramp has only just begun! Pattern recognition in deep tech investing and why the AST SpaceMobile story is still in its early chapters. "Run an illustrative scenario on those numbers. If just 5% of those subscribers opt in around 150 million people at $5–$10 per month, that is roughly $9–$18 billion a year in recurring service revenue flowing through AST’s revenue-sharing agreements with its operator partners. Final pricing will be set market by market with the operators, and the economics are shared but the scale of the opportunity is what matters here." Alain Gavin (CIO) - Psion Partners psion.vc/insights/backing-as…

My portfolio is back in the green YTD after being up +200% earlier this year

$SPCX / $ANT - Probably the reason SpaceX is in the red this morning Looks like Anthropic won’t renew their contract with SpaceX middle of next year That’s fine because GPU rental rates continue to increase this month and will continue to see increased demand as US compute buildout potentially slows on increased regulatory concerns due to the Democratic sweep of the House and Senate. SpaceX likely re-leases their compute for much higher next year

$RKLB - Rocket Lab back over the 50 Day MA! Market liked their Q3, 2026 earnings report with the company increasing launch prices on Neutron from $55M to $70M as launches are fully booked till 2030. Also Neutron is a National Security Priority.....😎

$FLY - B. Riley raises Firefly Aeorspace price target to $54 from $40 and maintians buy rating The company is building operating momentum and increasing backlog, the analyst tells investors in a research note.

$ANT - Should I get some shares in the Anthropic IPO?

$ASTS - Clear Street Revenue Projections for AST SpaceMobile out till 2034. After listening to their Q3, 2026 conference call, I've never been more bullish. Many more countries and governments around the world will throw money AST's way to build out their own constellation. I underestimated the number of Bluebirds that will go up in the next 5-10 years. I believe it will be in the 1000's. Becoming a launch company does add more risk but AST's balance sheet now has an added $2.2B in non-dilutive funding to support their growth needs on top of the $3.2B of cash on hand. A cash cow in the making....

$RKLB - Needham lowers Rocket Lab price target to $100 from $120 and maintains buy rating

$RKLB - Morgan Stanley lowers Rocket Lab price target to $103 from $105 and maintains overweight rating

$ASTS - Analyst Ratings Update After Q3, 2026 Earnings: Roth: $108 (Buy) Clear Street: $115 -> $102 (Buy) Deutsche Bank: $93 (Buy) Cantor Fitzgerald: $90 (Overweight) B Riley: $65 -> $48 (Neutral) New Street Research: $78 -> $44 (Neutral) UBS: $78 -> $43 (Neutral) Piper Sandler: $54 -> $39 (Neutral)

$NVDA - 🤣🤣🤣

$RKLB - Analyst Ratings Update After Q3, 2026 Earnings: Stifel: $132 (Buy) Cantor Fitzgerald: $122 -> $111 (Overweight) Clear Street: $105 -> $110 (Buy) Citi: $105 (Buy) Baird: $100 (Outperform) Craig-Hallum: $120 -> $100 (Buy) New Street Research: $150 -> $100 (Buy) KeyBanc: $100 (Overweight) TD Cowen: $90 (Buy) Citizens: $90 (Market Outperform) KGI Securities: $105 -> $84 (Outperform) Barclays: $85 -> $82 (Overweight) Raymond James: $80 (Outperform) Roth: $110 -> $80 (Buy) Piper Sandler: $83 -> $58 (Neutral)

$RKLB - Clear Street raises Rocket Lab price target to $110 from $105 and maintains buy rating Key Points: Neutron demand is accelerating at better prices. Eight Neutron missions signed in 3Q (~$515M) take the manifest to 16, some at a $70M base price vs. our prior $51M-$59M ASP (now $65M). Management said it could have booked more but chose higher prices over volume, and customers are paying up ahead of a debut. 3Q26: record revenue and backlog. Revenue of $267.8M (+73% y/y) beat our $257.5M by ~4%, and backlog hit a record $3.57B (+52% q/q). Adj. EBITDA of $(18.0)M was ahead of our estimate on better gross margin, partly offset by higher Neutron R&D. Outlook: higher on a stronger base and better Neutron pricing. The quarter gave us reason to move estimates up, though our changes are modest and the Neutron schedule is unchanged. Estimates rise mainly because Space Systems is running at a higher base, and secondarily because customers are paying more for Neutron. Revenue moves up about 9% in FY27E to $1.30B and about 10% in FY30E to $3.11B. Balance sheet: ~$4.7B net cash. Cash burn stays heavy as Neutron spending comes ahead of revenue, so we model year-end 2026 cash of ~$4.3B. The ATM and Iridium’s credit facility fully fund the deal, leaving regulatory approvals as the remaining step. Raising PT to $110, Reiterate Buy We raise our price target to $110 from $105 following 3Q26 results, and the target rests on three pieces: the multiple, revenue and net cash. • The multiple (largest piece). We apply ~23x 2030E EV/Sales, which works out to ~0.6x per point of growth on a ~39% 2025-30 revenue CAGR. • Revenue. Our 2030E estimate rises to $3.11B (from $2.83B) and reflects 15 Neutron launches, implying about $71.5B of 2030E enterprise value before discounting to present value. • Net cash (smallest piece). Neutron capex arrives ahead of revenue, so FY26-27 cash burn stays heavy, and we model 2030E net cash of about $6.0B. Management has not dated the 2027 first flight, and we maintain 3Q27E

***BREAKING*** Oct Core CPI comes in higher than forecast. It's over for stocks!

$ASTS - Clear Street lowers AST SpaceMobile price target to $102 from $115 and maintians buy rating Key Points: 3Q results: Revenue of $42.3M was light against our $45M and FactSet’s $45.7M, but the mix was better than the headline. Government revenue came in at $22M against our $10M, while gateway deliveries of $21M fell short of our $35M, which we read as timing rather than demand. Adj. EBITDA was $(91)M vs. our $(83)M, but company adj. opex of $109M was inside its $105M-$115M guide. Outlook and Blacklift: Management’s ~45-BlueBird target slipped to mid-2027E from early 2027E, which our model already reflected, and satellite production is ramping toward six a month from December. Blacklift is the bigger change. It costs ~$1.6B all-in (~$1.2B in cash), made up of an $800M Firefly license (half cash, half stock, ~10M shares, paid in 4Q26), $500M for engines and engineering services, and ~$300M of 2027E build capex. That spending, together with the higher 4Q26 cost guide, lifts our cost base and cuts 2029E adj. EBITDA to $1.9B (from $2.05B). The payoff is owner’s economics on launch, the majority of AST’s $21M-$23M per-satellite cost, once Blacklift flies in late 2028E. TAM is widening: A handful of sovereign talks, IoT, radar and 16 U.S. government awards. The new angle is AI: Alphabet (NASDAQ: GOOGL, NC), an investor, and Meta (NASDAQ: META, NC) are working with AST on inference run on the satellites, using the array’s low, constant latency. None of this is in our numbers. Valuation: Our PT moves to $102 (from $115) on ~20x 2029E adj. EBITDA of ~$1.9B, plus net cash, over ~402M shares. The ~$13 reduction reflects a higher cost base from Blacklift, more cash spent on launch and satellite deployment, and a larger share count from the stock issued to Firefly.