#5 - Maxar Technologies (NYSE:MAXR)
The next stock makes this list for current and future reasons. Through its Earth Intelligence business unit, Maxar Technologies (NYSE:MAXR) provides 90% of the geospatial intelligence used by the U.S. government. This ranges from national security concerns to keeping our troops protected. The company recently received a contract renewal from the U.S. National Geospatial-Intelligence Agency (NGA). The renewal, which is the third of three years, is valued at $44 million.
The company also has a Space Infrastructure unit. As you would expect, this provides space-based infrastructure. The company has been providing its products and services since before the United States successfully put a man on the moon. And the current interest in space travel should serve as a catalyst for MAXR stock. According to Morgan Stanley (NYSE:MS), space tourism may become a $1 trillion industry by 2040.
Even with some analysts have recently lowered their price targets for MAXR stock, it still has a $40.27 consensus price target which would be a 99% upside from the current price.
About Maxar Technologies
Maxar Technologies Inc provides earth intelligence and space infrastructure solutions in the United States, Asia, South America, Europe, the Middle East, Australia, Canada, and internationally. It operates through two segments, Earth Intelligence and Space Infrastructure. The Earth Intelligence segment offers earth imagery and other geospatial data sourced from its advanced satellite constellation and third-party providers to public sector and enterprise customers, as well as a provides advanced geospatial information, applications, and analytic services for national security and commercial solutions.
Read More - Current Price
- $52.99
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
