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Considering investing in space stocks? While the best space stocks depend on your portfolio and investment goals, we've identified some space stocks that are worth keeping an eye on in the aerospace sector. Keep reading to learn more about space stocks and how to start investing.
We round up a selection of stocks in or related to the aerospace industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy on Questrade |
|---|---|---|---|---|---|
| Virgin Galactic (SPCE.US) | -6.69% | $465.4 million (USD) | NYSE | 16,599,200 | Buy now |
| The Boeing Company (BA.US) | -2.41% | $159.6 billion (USD) | NYSE | 4,137,700 | Buy now |
| Northrop Grumman Corporation (NOC.US) | -7.29% | $75.4 billion (USD) | NYSE | 771,061 | Buy now |
| Lockheed Martin Corporation (LMT.US) | 12.78% | $124 billion (USD) | NYSE | 2,857,500 | Buy now |
| Rocket Lab USA (RKLB.US) | 31.72% | $40.7 billion (USD) | NASDAQ | 15,335,700 | Buy now |
| MDA (MDA.TO) | 27.16% | $6.8 billion (CAD) | Toronto Stock Exchange | 2,630,349 | Buy now |
| Telesat (TSAT.TO) | 87.19% | $3.5 billion (CAD) | Toronto Stock Exchange | 65,228 | Buy now |
| Space Exploration Technologies CorpClass A Common Stock (SPCX.US) | (data unavailable) | $2 trillion (USD) | NASDAQ | 67,860,995 | Buy now |
The aerospace industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering space 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.
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A lot of factors go into picking the best space stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong space stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular space stocks in or related to the aerospace industry to help narrow down your options:
Keep in mind that this is not a "best" list or a recommendation. It highlights some space 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 space stock below. Keep reading to decide if any of these companies are the right investment for you.
Virgin Galactic Holdings, Inc., an aerospace and space travel company, focuses on the development, manufacture, and operation of spaceships and related technologies. It engages in the design and development, manufacturing, ground and flight testing, spaceflight operation, and post-flight maintenance of spaceflight systems for private individuals, researchers, and government agencies.
Virgin Galactic Holdings, Inc. is headquartered in Tustin, California.
| Closing stock price | $3.07 |
|---|---|
| Market Capitalization | $465.4 million |
| Gross profit (TTM) | $-94,521,000 |
| Revenue (TTM) | $1 million |
| Earnings per share (TTM) | -$2.93 |
| 52-week stock price range | $2.13 – $8.90 |
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 | $210.45 |
|---|---|
| Market Capitalization | $159.6 billion |
| Gross profit (TTM) | $4.4 billion |
| Profit margin | 2.59% |
| Revenue (TTM) | $94 billion |
| Earnings per share (TTM) | $2.69 |
| 52-week stock price range | $176.77 – $254.35 |
Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. It operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems.
The Aeronautics Systems segment designs, develops, produces, integrates, sustains, and modernizes aircraft systems.
| Closing stock price | $531.25 |
|---|---|
| Market Capitalization | $75.4 billion |
| Gross profit (TTM) | $8.6 billion |
| Profit margin | 10.48% |
| Revenue (TTM) | $42.9 billion |
| Earnings per share (TTM) | $31.45 |
| 52-week stock price range | $476.85 – $767.12 |
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 | $533.38 |
|---|---|
| Market Capitalization | $124 billion |
| Gross profit (TTM) | $9.1 billion |
| Profit margin | 8.16% |
| Revenue (TTM) | $77 billion |
| Earnings per share (TTM) | $27.29 |
| 52-week stock price range | $429.47 – $683.27 |
Rocket Lab Corporation, a space company, provides launch services and space systems solutions in the United States, Canada, Japan, and internationally. The company operates through launch services and space systems segments.
The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, optical systems, and other spacecraft and on-orbit management solutions and constellation management services, as well as designs and manufactures small and medium-class rockets and develops flight and ground software.
| Closing stock price | $62.95 |
|---|---|
| Market Capitalization | $40.7 billion |
| Gross profit (TTM) | $286.6 million |
| Profit margin | -21.51% |
| Revenue (TTM) | $769.1 million |
| Earnings per share (TTM) | -$0.27 |
| 52-week stock price range | $37.57 – $151.00 |
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.
The company also provides robotic systems, robotic interfaces, tooling, robotic ground control stations, and operations services; electro-optic and light detection and ranging sensors, vision and targeting systems, guidance, navigation, and control subsystems and planetary rover locomotion subsystems; MDA SKYMAKER, a suite of scalable and modular space robotics; and Canadarm3, a robotics system.
| Closing stock price | C$40.12 |
|---|---|
| Market Capitalization | C$6.8 billion |
| Gross profit (TTM) | C$535.6 million |
| Profit margin | 5.66% |
| Revenue (TTM) | C$1.9 billion |
| Earnings per share (TTM) | C$0.79 |
| 52-week stock price range | C$20.85 – C$67.90 |
Telesat Corporation, a satellite operator, provides mission-critical communications solutions to support the requirements of satellite users in Canada, the United States, Asia, Australia, Latin America, the Caribbean, Europe, the Middle East, and Africa. It operates through Geostationary (GEO) and Low Earth Orbit (LEO) segments.
The company offers broadcast services, such as direct-to-home television, video distribution and contribution, and occasional use services; enterprise services, including telecommunication carrier and integrator, government, consumer broadband, resource, maritime and aeronautical, and retail and satellite operator services; and consulting services related to space and earth segments, government studies, satellite control services, and research and development.
| Closing stock price | C$68.51 |
|---|---|
| Market Capitalization | C$3.5 billion |
| Gross profit (TTM) | C$140.4 million |
| Profit margin | -102.89% |
| Revenue (TTM) | C$361.7 million |
| Earnings per share (TTM) | -C$25.15 |
| 52-week stock price range | C$32.60 – C$85.50 |
Space Exploration Technologies Corp. provides satellite-based broadband services in the United States, Ireland, Canada, and internationally. It operates through three operating segments: Space, Connectivity, and AI.
The Space segment designs, manufactures, and launches reusable rockets to provide access to space.
| Closing stock price | $148.15 |
|---|---|
| Market Capitalization | $2 trillion |
| Gross profit (TTM) | $12 billion |
| Profit margin | -35.66% |
| Revenue (TTM) | $23 billion |
| Earnings per share (TTM) | -$1.16 |
| 52-week stock price range | $104.83 – $225.64 |
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