SPCE Stock Forecast: a New Age for Space Tourism

motek 1This SPCE stock forecast article was written by Yutong Li – Analyst at I Know First, Master's candidate at Brandeis University.

Highlights:

  • SPCE’s stock has grown by 161.62% since May 2021
  • The space flight on July 11th can be a big milestone for the industry if it goes successfully as expected
  • Virgin Galactic has solid liquidity and solvency performances with a current ratio of 5.71 and equity-to-asset ratio of 0.56, outperforming 93% and 66% of companies in the aerospace industry
  • The target price for SPCE will hit $70 for the coming year

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Artificial Intelligence In Finance and its Impact in Transforming the Industry

 

This article was written by Esther Hanon, a Financial Analyst at I Know First.

AI Promoting Advances in the Geo-Spacial Analytics Space Race:

Summary:

  • AI companies spot a business opportunity in space
  • Innovation, massive investment, and lower costs are fueling a new commercial space race.
  • Geospatial Analytics increasingly becoming a booming industry, where satellites are being used to track everything from retail football to food production.
  • Companies working on the technology have attracted big money, as they sense an explosion in commercial satellites.

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