Sidus Space, known by its stock ticker SIDU, has announced the successful operation of its cutting-edge onboard edge computer, the FeatherEdge GEN-2, in space. This development is part of the commissioning process for LizzieSat-3. The FeatherEdge GEN-2 computer, now proven effective during flight, is available for commercial use. It boasts an AI processing power of 100 trillion operations per second while maintaining a compact, space-hardened design.
Utilizing Nvidia’s Jetson Orin NX module, the FeatherEdge GEN-2 is engineered to withstand challenging radiation conditions, making it perfect for sustained missions in low Earth orbit. Following its successful on-orbit validation, this advanced computer is now accessible to customers who require high-performance AI processing in a compact form. This advancement highlights Sidus Space's ability to provide innovative solutions for space missions, enhancing its offerings in the aerospace industry.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Sidus Space Inc (SIDU, Financial) is $10.00 with a high estimate of $10.00 and a low estimate of $10.00. The average target implies an upside of 452.49% from the current price of $1.81. More detailed estimate data can be found on the Sidus Space Inc (SIDU) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Sidus Space Inc's (SIDU, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Sidus Space Inc (SIDU, Financial) in one year is $20.82, suggesting a upside of 1050.28% from the current price of $1.81. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Sidus Space Inc (SIDU) Summary page.
SIDU Key Business Developments
Release Date: May 15, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
- Sidus Space Inc (SIDU, Financial) successfully launched LizzieSat-3, marking a significant step in building a data-generating micro-constellation.
- The company introduced the Orlaith AI Ecosystem, enhancing real-time autonomous decision-making capabilities across various mission types.
- Sidus Space Inc (SIDU) expanded its patent portfolio, reinforcing its strategic asset base and protecting its proprietary solutions.
- The company has strengthened its balance sheet by fully paying off its loan with Decathlon Alpha 4 LP, improving financial flexibility.
- Sidus Space Inc (SIDU) is poised to generate revenue from diversified initiatives in the second half of the year, indicating potential future growth.
Negative Points
- Total revenue for Q1 2025 decreased by 77% compared to Q1 2024, primarily due to a shift away from legacy contract work.
- Cost of revenue increased by 93% in Q1 2025, driven by higher depreciation and global supply chain costs.
- The company reported a gross profit loss of $1.6 million in Q1 2025, compared to a profit in the same period last year.
- Net loss for Q1 2025 was $6.4 million, an increase from the $3.8 million loss in Q1 2024, attributed to scaling costs and a shift to higher-margin business models.
- Adjusted EBITDA loss increased by 75% in Q1 2025, reflecting the financial impact of transitioning to commercialization.
