Momentus Inc logo

Momentus Inc(MNTS)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$1.94
10/30/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for MNTS

10/30/2026: MNTS (1-star) is currently NOT-A-BUY. Pass it for now.

Momentus Inc is an early-stage aerospace company specializing in in-space transportation services using its Vigoride vehicle. The company's main strength is its proprietary water-plasma propulsion technology, which offers a niche solution for orbital maneuvering. The primary investment story rests on the potential for Momentus to capture a share of the growing small-satellite logistics market as the industry scales. However, the company faces substantial risks, including a history of technical delays, high financial losses, and intense competition from much larger, established aerospace providers. This stock is best suited for high-risk growth investors who should monitor successful flight mission cadences and the company's ability to achieve sustainable cash flow.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company operates in the high-growth space sector but carries substantial execution and financial risk.
Momentum investorWeak fitThe stock has historically lacked the consistent positive price momentum required for this strategy.
Value investorWeak fitAs a loss-making, early-stage company, it does not fit traditional value investment criteria.
Dividend investorWeak fitThe company does not pay a dividend and is focused on capital preservation.
Low-risk investorWeak fitHigh volatility, technical risks, and financial uncertainty make this unsuitable for low-risk investors.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock is subject to significant price swings due to small-cap status and high sensitivity to company news.
Valuation riskHighValuation is difficult due to the lack of consistent earnings or profitability.
Competition risk (Aerospace & Space Logistics)HighLarge, well-capitalized competitors can easily outspend and outcompete a smaller, cash-constrained entity.
Business qualityMedium / highThe business model is unproven at scale, with high operational risks.
Dividend incomeLow / noneThere is no dividend income for shareholders.
Execution riskHighSuccess depends entirely on the flawless technical execution of space missions, which have proven difficult.

Analysis of Past Performance

Type Stock
Historic Profit 46.8%
Avg. Invested days 9
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/30/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
MNTS receives a 2-star rating, supported by solid analyst coverage. The rating is constrained by weak unit economics, soft company fundamentals, and soft quantitative characteristics.

Company Fundamentals

★★★★★
MNTS has soft overall fundamentals (2 stars), with soft financial health, soft growth momentum, and moderate ownership. In FY2025 versus FY2024, solid earnings growth (+12.5%) is partially offset by weak cash generation (FCF margin -2097.9%), negative revenue growth (-47.5%), weak profitability (net margin -2755.4%).

Financial Health Rating

★★★★★
MNTS's financial health is soft, with the relatively strongest area being moderate liquidity, including working-capital and asset support (WC/assets 15.4%). Operating efficiency is weak (1 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is MNTS's strongest growth driver at +12.5% FY2025 versus FY2024 (solid, 4 stars). By comparison, while revenue growth (-47.5%, negative) and free-cash-flow growth (-39.8%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 11.7% (soft) and 99.5% of outstanding shares are publicly tradable (strong). Insider ownership is only 0.44%, which materially reduces the ownership score.

Top 5 Institutional Investors

Davidson Kempner Capital Management LP 3.87%
BlackRock Inc 1.60%
Citadel Advisors Llc 1.34%
Weiss Asset Management LP 0.82%
Jefferies Financial Group Inc 0.66%

Unit Economics (Per $1K Revenue)

★★★★★
MNTS generates approximately $-372 of gross profit, $-24,554 of operating income, and $-20,979 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Operating losses and cash burn explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 0.00%

Quantitative Style Profile

★★★★★
MNTS has a liquid profile. Weak momentum is the primary drawback, while soft valuation.

Style Classification

Quality Focused

High VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 46.78M USD
Price to earnings Ratio -
1Y Target Price 8
Price to earnings Ratio -
1Y Target Price 8
Volume (30-day avg) 629.8K shares
Beta 2.44
52 Weeks Range 1.85 - 22.20
Updated Date 10/30/2026
52 Weeks Range 1.85 - 22.20
Updated Date 10/30/2026
Dividends yield (FY) -
Basic EPS (TTM) -4.86

How Company Makes Money

Business areaWhat it includesRetail investor read
Space Transportation ServicesLaunching customer payloads into specific orbits using Vigoride.Revenue comes from successfully completing complex space delivery missions.
Hosted PayloadsRenting space on Momentus craft for customer equipment.Provides a secondary service line by allowing customers to 'hitch a ride' without needing their own satellite.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Valuation

Trailing PE -
Forward PE -
Enterprise Value -53.07M
Price to Sales(TTM) 12.19
Enterprise Value -53.07M
Price to Sales(TTM) 12.19
Enterprise Value to Revenue 0.79
Enterprise Value to EBITDA -0.32
Shares Outstanding 21.96M
Shares Floating 21.86M
Shares Outstanding 21.96M
Shares Floating 21.86M
Percent Insiders 0.44
Percent Institutions 11.67

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.