Momentus Inc is expected to report a second-quarter loss of $0.70 per share on revenue of $0.03 million, with the stock trading at $4.84 against an $8.00 average analyst target.
Investors are primarily focused on the company’s cash runway and the operational execution of its Vigoride 7 mission, which recently transitioned to hosted payload operations for government and commercial clients.
The company has significantly improved its financial position, reporting a debt-free balance sheet and approximately $76 million in cash following recent capital raises and the retirement of all convertible debt.
Management is targeting $10 million in total 2026 revenue, representing a ninefold increase over the prior year, supported by an accelerating pipeline of contracts with NASA and the Space Development Agency.