
LLAP Stock Forecast & Price Target
LLAP Analyst Ratings
Bulls say
Terran Orbital demonstrated a substantial year-over-year revenue increase of 57.7%, achieving record quarterly revenue of $43.9 million, which indicates robust growth potential within the aerospace and defense sectors. The company reported a gross margin of 22.1%, paired with an adjusted gross margin of 27.4%, reflecting operational leverage and effective cost management as revenue scales. Given the favorable industry trends and the significant multiple of 1.2x on the projected 2024 revenue, Terran Orbital is positioned as an attractive prospect for investors looking to capitalize on the expanding space technology market.
Bears say
Terran Orbital's financial outlook is negatively impacted by a significant decrease in revenue and adjusted EBITDA expectations for 2024, now modeled at $240 million compared to a previous estimate of $480 million, largely due to anticipated challenges with the $2.4 billion Rivada Space Networks contract. The company's reliance on third-party launch vehicles could exacerbate financial difficulties, as any delays or price increases from these suppliers will weaken profitability. Furthermore, Terran Orbital has a history of unprofitability, with a $1.8 billion net operating loss and considerable debt levels that may hinder its cash flow and capacity to meet debt obligations.
This aggregate rating is based on analysts' research of Terran Orbital Corp and is not a guaranteed prediction by Public.com or investment advice.
LLAP Analyst Forecast & Price Prediction
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