Citigroup Cuts York Space Systems (NYSE:YSS) Price Target to $13.00

York Space Systems (NYSE:YSS) had its target price decreased by Citigroup from $33.00 to $13.00 in a research note released on Thursday morning,Benzinga reports. Citigroup currently has a buy rating on the stock.

YSS has been the topic of several other research reports. Jefferies Financial Group lowered their price objective on shares of York Space Systems from $32.00 to $15.00 and set a “buy” rating on the stock in a research report on Monday, August 17th. Weiss Ratings reiterated a “sell (d)” rating on shares of York Space Systems in a research report on Wednesday, August 12th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $17.00 target price (down from $38.00) on shares of York Space Systems in a research note on Monday, August 17th. Canaccord Genuity Group restated a “hold” rating and set a $13.50 price target (down from $36.00) on shares of York Space Systems in a research report on Monday, August 17th. Finally, Wells Fargo & Company dropped their price target on York Space Systems from $35.00 to $17.00 and set an “overweight” rating for the company in a research note on Monday, August 31st. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $17.59.

York Space Systems Stock Up 6.0%

Shares of NYSE YSS opened at $7.89 on Thursday. The company has a current ratio of 5.34, a quick ratio of 5.05 and a debt-to-equity ratio of 0.08. The business has a 50-day moving average of $13.50 and a 200-day moving average of $23.08. The firm has a market capitalization of $1.08 billion and a price-to-earnings ratio of -13.38. York Space Systems has a 12 month low of $7.45 and a 12 month high of $44.54.

York Space Systems (NYSE:YSS) last announced its earnings results on Thursday, August 13th. The company reported ($0.31) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.12). The company had revenue of $92.55 million for the quarter. Sell-side analysts expect that York Space Systems will post -1.73 earnings per share for the current fiscal year.

Insider Activity at York Space Systems

In other news, major shareholder Blackrock Portfolio Management sold 201,504 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $11.60, for a total value of $2,337,446.40. Following the completion of the sale, the insider directly owned 16,717,285 shares in the company, valued at approximately $193,920,506. The trade was a 1.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders have sold 655,215 shares of company stock worth $8,390,822 over the last quarter.

Hedge Funds Weigh In On York Space Systems

Several institutional investors and hedge funds have recently made changes to their positions in YSS. Persistent Asset Partners Ltd purchased a new stake in York Space Systems during the second quarter valued at about $53,000. IFP Advisors Inc bought a new position in shares of York Space Systems during the second quarter valued at about $83,000. California State Teachers Retirement System purchased a new position in shares of York Space Systems in the second quarter worth about $152,000. Deutsche Bank AG increased its holdings in shares of York Space Systems by 66.6% in the second quarter. Deutsche Bank AG now owns 19,019 shares of the company’s stock worth $468,000 after buying an additional 7,603 shares during the period. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of York Space Systems in the 2nd quarter valued at about $350,000.

York Space Systems News Roundup

Here are the key news stories impacting York Space Systems this week:

• Positive Sentiment: New customer win: Tomorrow.io selected York’s flight-proven satellite platforms for its DeepSky early-warning constellation. The agreement strengthens York’s commercial and technology credibility, although financial terms and the expected revenue contribution were not disclosed. York Space Systems’ Platform Picked by Tomorrow.io for DeepSky Early Warning Constellation
• Neutral Sentiment: Citigroup cut its price target: Citi reduced its target from $33 to $13 while maintaining a “buy” rating. The lower target reflects diminished expectations, but it still implies substantial upside from recent trading levels. Citigroup lowers York Space Systems price target
• Negative Sentiment: Repeated class-action notices: Several law firms announced or promoted a pending securities class action against York and certain officers. The case covers investors who bought shares in or traceable to the January 2026 IPO and those who purchased securities from January 29 through May 11, 2026. Investors have until October 30, 2026, to seek lead-plaintiff status. The allegations reportedly include failures to disclose that mission-critical satellite software was not fully functional before launch. These are allegations, not established findings, but the litigation creates legal, financial and reputational risks. York Space Systems class action announcement
• Negative Sentiment: Bearish options activity: Traders purchased 6,218 put options, roughly 120% above typical daily volume, signaling increased demand for downside protection or speculative bets against the stock. York Space Systems investor deadline alert

York Space Systems Company Profile

York Space Systems is a U.S. aerospace company that designs, manufactures and operates spacecraft and satellite systems. The company focuses on delivering integrated space-based infrastructure for government and commercial customers, with an emphasis on scalable satellite production and responsive deployment.

Its product portfolio includes standardized satellite platforms, spacecraft buses and mission-specific satellite systems designed to support communications, Earth observation, remote sensing, data relay and other space-based applications.