---
title: "Weekly Recap | Sidus Space -23.23%, consensus target sits above spot"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/302174992.md"
description: "Sidus Space (SIDU) fell 23.23% this week to close at $1.19, down from $1.55 the previous Friday. The S&P 500 lost 1.95% over the same stretch, so SIDU underperformed by about 21.28 percentage points. Day by day, the stock opened at $1.50 on Monday and slid through the week, breaking below $1.40 on Tuesday and settling around $1.24-$1.26 on Wednesday and Thursday. Thursday’s session printed the week’s low of $1.14 before a soft close at $1.19 on Friday. There was no meaningful bounce."
datetime: "2026-10-17T08:07:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/302174992.md)
  - [en](https://longbridge.com/en/news/302174992.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/302174992.md)
generator: "portal-rs"
---

# Weekly Recap | Sidus Space -23.23%, consensus target sits above spot

## The Week

Sidus Space (SIDU) fell 23.23% this week to close at $1.19, down from $1.55 the previous Friday. The S&P 500 lost 1.95% over the same stretch, so SIDU underperformed by about 21.28 percentage points. Day by day, the stock opened at $1.50 on Monday and slid through the week, breaking below $1.40 on Tuesday and settling around $1.24-$1.26 on Wednesday and Thursday. Thursday’s session printed the week’s low of $1.14 before a soft close at $1.19 on Friday. There was no meaningful bounce.

## Key Events

Two themes ran through this week’s disclosures: governance and orders. On Monday 12 October, Sidus Space appointed Larry G. Swets Jr., CFA, to its board of directors and made him audit committee chair. On Wednesday 14 October, the company said it had won more than $3 million in space and defense manufacturing awards in Q3 2026. Two separate items carried the same awards news, both pointing to progress on the manufacturing side. The stock’s slide through Monday and the rest of the week did not line up neatly with these announcements.

## Analyst Ratings

One broker covers the stock and rates it a buy, with no hold, underweight, or sell ratings. The consensus rating is strong buy and the consensus target sits at $10, which is 740.34% above the current price of $1.19. The target range has only one value, with both the high and low at $10, so dispersion is not visible from this sample. Within the aerospace and defense industry, SIDU ranks 78th out of 86 companies by rating.

## The Week Ahead

On the macro calendar, the US NAHB housing market index arrives on Monday 19 October, with a prior and forecast of 32. Tuesday 20 October brings housing starts (prior 1.275, forecast 1.305) and building permits (prior 1.403, forecast 1.395). Wednesday 21 October has weekly EIA crude oil and Cushing inventory reports. SIDU itself has no earnings print scheduled for next week, so the main watch item is whether the $3 million-plus in manufacturing awards leads to further contract or delivery updates.

## In Short

SIDU’s share price fell in a straight line this week, while the ratings backdrop is a strong-buy consensus with a target far above spot. The latest trading day also showed large and medium orders as net buyers, offset by small orders as net sellers. The price-to-book ratio is about 0.64 times, a low level on current data. The key question ahead is whether the manufacturing awards translate into firmer revenue recognition and whether the buy ratings and inflows hold up.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

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- [SIDU.US](https://longbridge.com/en/quote/SIDU.US.md)

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- [Sidus Space to Present at The ThinkEquity Conference | SIDU Stock News](https://longbridge.com/en/news/301400635.md)
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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**