Stifel initiated coverage on Terran Orbital with a new price target
$LLAP
Military/Government/Technical
Industrials
Stifel initiated coverage of Terran Orbital with a rating of Buy and set a new price target of $8.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/19/2024 | $3.00 → $0.25 | Buy → Neutral | H.C. Wainwright |
| 1/8/2024 | $2.50 → $1.35 | Buy → Neutral | B. Riley Securities |
| 7/28/2023 | $5.00 | Buy | H.C. Wainwright |
| 5/26/2023 | $7.00 → $1.35 | Buy → Underperform | BofA Securities |
| 9/12/2022 | $10.00 | Buy | B. Riley Securities |
| 8/15/2022 | $8.00 | Buy | Stifel |
| 6/15/2022 | $9.00 | Buy | BofA Securities |
| 4/20/2022 | $10.00 | Buy | Jefferies |
Expanding collaboration and commitment from Lockheed Martin, awarded a new contract for 18 space vehicles for the Space Development Agency (SDA) Second quarter 2024 awards exceed $100 million to-date As of March 31, 2024, backlog was $2.7 billion; and, as of today, is estimated to be over $2.8 billion, inclusive of $400 million of non-Rivada programs Review of strategic alternatives still ongoing Terran Orbital Corporation (NYSE:LLAP) ("Terran Orbital" or the "Company"), a leading manufacturer of satellite products primarily serving the aerospace and defense industries, today announced financial results and operational highlights for the three months ended March 31, 2024. Mar
Terran Orbital Corporation (NYSE:LLAP) ("Terran Orbital" or the "Company"), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, today announced it will host the Company's first quarter 2024 earnings conference call at 11:00 a.m. E.T. on May 14, 2024. Terran Orbital's Co-Founder, Chairman and Chief Executive Officer, Marc Bell, and Acting Chief Financial Officer and Corporate Controller, Mathieu Riffel, will discuss operational and financial highlights for the quarter ended March 31, 2024. The Company's earnings release will be published prior to market open on the same day. U.S.-based callers can dial +1-833-470-1428 (toll-free) to partic
Record 2023 revenue of $135.9 million up 44% year-over-year Record 2023 gross profit of $8.6 million improved $25.8 million over prior year Manufacturing 78 satellites for Lockheed Martin for Space Development Agency programs Signed over $2.7 billion in new awards in 2023 representing more than 360 satellites Introduced seven new standard bus designs, spanning multiple size classes of satellites Launched new Responsive Space Initiative to deliver standard buses in 30 days, with integrated payloads in 60 days Commissioned new 50 Tech facility and broke ground on Goodyear expansion facility $71.7 million cash balance as of December 31, 2023 Terran Orbital Corporation
4 - Terran Orbital Corp (0001835512) (Issuer)
4 - Terran Orbital Corp (0001835512) (Issuer)
4 - Terran Orbital Corp (0001835512) (Issuer)
8-K - Terran Orbital Corp (0001835512) (Filer)
15-12G - Terran Orbital Corp (0001835512) (Filer)
EFFECT - Terran Orbital Corp (0001835512) (Filer)
H.C. Wainwright downgraded Terran Orbital from Buy to Neutral and set a new price target of $0.25 from $3.00 previously
B. Riley Securities downgraded Terran Orbital from Buy to Neutral and set a new price target of $1.35 from $2.50 previously
H.C. Wainwright initiated coverage of Terran Orbital with a rating of Buy and set a new price target of $5.00
4 - Terran Orbital Corp (0001835512) (Issuer)
SC 13G/A - Terran Orbital Corp (0001835512) (Subject)
SC 13D/A - Terran Orbital Corp (0001835512) (Subject)
SC 13D/A - Terran Orbital Corp (0001835512) (Subject)
ST. LOUIS, March 10, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE:SF) today appointed Jonathan Siegmann as Managing Director of Equity Research, covering the aerospace and defense industry. He will be based in the firm's Boston office. Most recently, Mr. Siegmann was engaged in the new space industry and served as Senior Vice President of Corporate Development at Terran Orbital Corporation (NYSE:LLAP). At Terran Orbital, he led the firm's investor relations and corporate development activities which concluded with the company's sale to Lockheed Martin in 2024. Before that, Mr. Siegmann spent nearly 15 years at Fidelity Investments as Portfolio Manager and Equity Research Analyst
Today, Terran Orbital Corporation (NYSE:LLAP) ("Terran Orbital" or the "Company") announced that leading independent proxy advisory firms Glass Lewis & Co. ("Glass Lewis") and Institutional Shareholder Services ("ISS"), recommend that Terran Orbital Stockholders vote "FOR" the adoption of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of August 15, 2024, by and among Terran Orbital, a Delaware corporation, Lockheed Martin Corporation ("Lockheed Martin"), a Maryland corporation, and Tholian Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Lockheed Martin (the "Merger Agreement Proposal" and such transaction, the "Merger"). Glass Lewis considered t
Tyvak International SRL ("Tyvak International"), a wholly-owned subsidiary of Terran Orbital Corporation ((LLAP) and a leading European nano and microsatellite manufacturer based in Italy, proudly announces the successful launch and deployment of IPERDRONE.0 following its release from the launcher. First contact has been established, and the Tyvak International team is now diligently working on the commissioning of the vehicle. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240820413136/en/Photo Credit: SpaceX This advanced space vehicle, developed for the Italian Space Agency, was launched aboard SpaceX's Transporter 11 mission
ST. LOUIS, March 10, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE:SF) today appointed Jonathan Siegmann as Managing Director of Equity Research, covering the aerospace and defense industry. He will be based in the firm's Boston office. Most recently, Mr. Siegmann was engaged in the new space industry and served as Senior Vice President of Corporate Development at Terran Orbital Corporation (NYSE:LLAP). At Terran Orbital, he led the firm's investor relations and corporate development activities which concluded with the company's sale to Lockheed Martin in 2024. Before that, Mr. Siegmann spent nearly 15 years at Fidelity Investments as Portfolio Manager and Equity Research Analyst
Peter Krauss Appointed as Chief Operating Officer Adarsh Parekh Appointed as Chief Financial Officer Mathieu Riffel Appointed as Chief Accounting Officer Terran Orbital Corporation ((LLAP) ("Terran Orbital" or the "Company"), a global leader in satellite-based solutions serving the aerospace, defense, intelligence, and commercial industries, today announced key appointments to its executive team aimed at accelerating the Company's path to driving revenue growth and becoming free cash flow positive. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240529656171/en/Terran Orbital welcomes Peter Krauss as its new Chief Operating
Leadership Missteps Have Resulted in Multiple Highly Dilutive Financings and Share Price Decline of ~94% Since Going Public in March 2022 Despite Estimated $3 Per Share Present Intrinsic Value Believes Urgent Board and Management Changes are Required to Remediate Self-Inflicted Harm, Drive Share Price Appreciation, Minimize Operational Risk, Optimize Long-Term Stockholder Value and Restore Market Credibility Terran Board Must Immediately Separate Roles of CEO and Chairman and Install New Highly Qualified CEO, Establish Best-in-Class Corporate Governance by De-Staggering and Reconstituting the Board, and Conduct a Strategic Review A group of concerned investors (the "Concerned Investor