Considering investing in satellite stocks? While the best satellite stocks depend on your portfolio and investment goals, we've identified some satellite stocks that are worth keeping an eye on in the space sector. Keep reading to learn more about satellite stocks and how to start investing.
We round up a selection of stocks in or related to the space industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy on CIBC Investor's Edge |
|---|---|---|---|---|---|
| Ast Spacemobile (ASTS.US) | 201.77% | $34.7 billion (USD) | NASDAQ | 12,731,356 | Buy now |
| EchoStar Corporation (SATS.US) | 307.33% | $31.1 billion (USD) | NASDAQ | 6,758,695 | Buy now |
| ViaSat (VSAT.US) | 339.32% | $6.3 billion (USD) | NASDAQ | 1,671,269 | Buy now |
| The Boeing Company (BA.US) | 9.68% | $161.9 billion (USD) | NYSE | 6,247,094 | Buy now |
| Lockheed Martin Corporation (LMT.US) | 44.24% | $147.5 billion (USD) | NYSE | 6,510,270 | Buy now |
| Gilat Satellite Networks (GILT.US) | 147.33% | $1.2 billion (USD) | NASDAQ | 449,007 | Buy now |
| MDA (MDA.TO) | 48.98% | $5.5 billion (CAD) | Toronto Stock Exchange | 2,658,190 | Buy now |
The space industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering satellite stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
A lot of factors go into picking the best satellite stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong satellite stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular satellite stocks in or related to the space industry to help narrow down your options:
Keep in mind that this is not a "best" list or a recommendation. It highlights some satellite stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each satellite stock below. Keep reading to decide if any of these companies are the right investment for you.
AST SpaceMobile, Inc. , together with its subsidiaries, designs and develops the constellation of BlueBird satellites in the United States. The company provides a cellular broadband network in space to be accessible directly by smartphones for commercial use and other applications, as well as for government use.
| Closing stock price | $88.42 |
|---|---|
| Market Capitalization | $34.7 billion |
| Gross profit (TTM) | $35.7 million |
| Revenue (TTM) | $70.9 million |
| Earnings per share (TTM) | -$1.34 |
| 52-week stock price range | $18.22 – $129.89 |
EchoStar Corporation provides pay-tv services in the United States, Mexico, Canada, South and Central America, Asia, Africa, Australia, Europe, India, and the Middle East. The Pay-TV segment offers a direct broadcast and fixed satellite, owned and leased satellites, leased fiber optic networks, in-home services, and call center operation services; digital broadcast operations, including satellite uplinking/downlinking, transmission and, other services to third-party pay-TV providers; multichannel, live-linear and on-demand streaming over-the-top Internet-based domestic, international, Latino, and Freestream video programming services; and receiver systems. Its Wireless segment provides wireless communication services and products; and a range of wireless devices.
| Closing stock price | $109.49 |
|---|---|
| Market Capitalization | $31.1 billion |
| Gross profit (TTM) | $3.9 billion |
| Profit margin | -96.62% |
| Revenue (TTM) | $15 billion |
| Earnings per share (TTM) | -$50.41 |
| 52-week stock price range | $14.90 – $132.25 |
Viasat, Inc. provides broadband and communications products and services in the United States and internationally. It operates through Communication Services; and Defense and Advanced Technologies segments.
| Closing stock price | $49.16 |
|---|---|
| Market Capitalization | $6.3 billion |
| Gross profit (TTM) | $1.5 billion |
| Profit margin | -7.34% |
| Revenue (TTM) | $4.6 billion |
| Earnings per share (TTM) | -$2.31 |
| 52-week stock price range | $7.36 – $52.70 |
The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through three segments: Commercial Airplanes; Defense, Space & Security; and Global Services. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for passenger and cargo requirements.
| Closing stock price | $198.41 |
|---|---|
| Market Capitalization | $161.9 billion |
| Gross profit (TTM) | $4.3 billion |
| Profit margin | 2.50% |
| Revenue (TTM) | $89.5 billion |
| Earnings per share (TTM) | $2.47 |
| 52-week stock price range | $128.88 – $254.35 |
Lockheed Martin Corporation, an aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services in the United States, Europe, Asia, the Middle East, and internationally. The company operates through four segments: Aeronautics; Missiles and Fire Control (MFC); Rotary and Mission Systems (RMS); and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies.
| Closing stock price | $627.43 |
|---|---|
| Market Capitalization | $147.5 billion |
| Gross profit (TTM) | $7.7 billion |
| Profit margin | 6.69% |
| Revenue (TTM) | $75 billion |
| Earnings per share (TTM) | $21.52 |
| 52-week stock price range | $401.93 – $692.00 |
Gilat Satellite Networks Ltd. , together with its subsidiaries, provides satellite-based broadband communication solutions in Israel, the United States, Peru, and internationally. It operates in three segments: Satellite Networks, Integrated Solutions, and Network Infrastructure and Services.
| Closing stock price | $16.67 |
|---|---|
| Market Capitalization | $1.2 billion |
| Gross profit (TTM) | $133.3 million |
| Profit margin | 4.59% |
| Revenue (TTM) | $451.7 million |
| Earnings per share (TTM) | $0.34 |
| 52-week stock price range | $5.30 – $20.38 |
MDA Space Ltd. provides space technology solutions and services in Canada, the United States, Europe, Asia, the Middle East, and internationally. It offers satellite communications solutions, such as space-based broadband Internet, direct-to-device satellite communication, and IoT connectivity; MDA AURORA, a software-defined digital satellite product line; and autonomous robotics systems and services used to operate in space and on the surfaces of the Moon and Mars.
| Closing stock price | C$42.98 |
|---|---|
| Market Capitalization | C$5.5 billion |
| Gross profit (TTM) | C$464.6 million |
| Profit margin | 6.64% |
| Revenue (TTM) | C$1.6 billion |
| Earnings per share (TTM) | C$0.84 |
| 52-week stock price range | C$20.85 – C$48.31 |
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