Sidus Space (NASDAQ:SIDU) Issues Earnings Results

Sidus Space (NASDAQ:SIDU) issued its quarterly earnings data on Thursday. The company reported ($0.08) earnings per share (EPS) for the quarter, Zacks reports. Sidus Space had a negative return on equity of 95.37% and a negative net margin of 871.01%.

Here are the key takeaways from Sidus Space’s conference call:

• Revenue rose 51% year over year to about $359,000 in Q1 2026, driven by new customer contracts including Lonestar Data Holdings and Teledyne Marine, along with milestone-based revenue recognition.
• The company said its operating discipline improved profitability, with gross loss narrowing 36% and SG&A essentially flat year over year at $4.4 million despite broader operations and sales efforts.
• Sidus reported continued progress on its on-orbit satellite fleet, including LS-3 commissioning and initial imagery from the HEO camera showing sub-5-meter resolution, which it says supports future subscription data services.
• The company ended the quarter with $27.3 million in cash and no term debt, then added significant liquidity after quarter-end through a $58.5 million registered direct offering.
• Management highlighted expanding commercial and defense opportunities, including Fortis VPX evaluations, the SHIELD IDIQ contract pathway, and new collaborations with partners such as Maris-Tech, Simera Sense, and Microchip Technology.

Sidus Space Stock Up 12.3%

Shares of Sidus Space stock traded up $0.40 during trading on Thursday, hitting $3.66. 25,200,559 shares of the stock traded hands, compared to its average volume of 23,863,059. The stock has a market cap of $243.46 million, a price-to-earnings ratio of -3.02 and a beta of -1.16. The firm’s fifty day moving average is $3.10 and its 200-day moving average is $2.39. Sidus Space has a 52 week low of $0.63 and a 52 week high of $5.99.

Hedge Funds Weigh In On Sidus Space

Institutional investors and hedge funds have recently bought and sold shares of the stock. Resurgent Financial Advisors LLC bought a new position in Sidus Space during the 4th quarter worth approximately $38,000. OMERS ADMINISTRATION Corp bought a new position in Sidus Space during the 4th quarter worth approximately $40,000. Mariner LLC bought a new position in Sidus Space during the 4th quarter worth approximately $69,000. LPL Financial LLC bought a new position in Sidus Space during the 4th quarter worth approximately $81,000. Finally, Bank of Montreal Can grew its position in Sidus Space by 30.0% during the 4th quarter. Bank of Montreal Can now owns 45,500 shares of the company’s stock worth $143,000 after acquiring an additional 10,500 shares during the last quarter. 17.91% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently issued reports on SIDU. Wall Street Zen cut Sidus Space from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Weiss Ratings raised Sidus Space from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, May 4th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Sidus Space Company Profile

Sidus Space Inc (NASDAQ: SIDU) is an end-to-end space-as-a-service company headquartered in Houston, Texas. The firm provides mission design, spacecraft manufacturing, ground segment infrastructure and mission operations through a turnkey approach tailored to commercial and government customers. Sidus leverages its integrated supply chain to support client missions from concept development through data delivery.

The company’s product offerings include small satellite buses, flight computers, payload integration services and proprietary ground control software, supplemented by cloud-based data processing and analytics tools.