3 Space Infrastructure Stocks Gaining Momentum Ahead of the SpaceX IPO
- by lulegacy
- May 20, 2026
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That contract alone, first announced near the end of 2024, represents multi-year recurring revenue visibility at a scale few space companies can match. More recently, on May 18, the company announced that it had won a $20 million NASA contract for the Lunar Reconnaissance Orbiter Camera and ShadowCam. The stock is up 100% year to date, driven by both sector excitement and genuine fundamental progress. Q1 2026 revenue came in at $186.73 million, with a record backlog of $1.1 billion. Management has guided 2026 revenue of up to $1 billion.
Investors should be clear-eyed about the setup, however. Q1 results missed both revenue and earnings per share (EPS) estimates, and the stock’s consensus rating is Hold across 13 analysts, with a price target of $28.45, implying downside from current levels. Short interest of 28.15% reflects meaningful skepticism. For investors with a longer-term horizon and conviction in the lunar economy, the story remains compelling, though, and definitely worth keeping on watch.
Redwire: Space Infrastructure With a Defense Tailwind
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