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Astrotech Corp. (ASTC)
NASDAQ:ASTC
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Astrotech (ASTC) AI Stock Analysis

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ASTC

Astrotech

(NASDAQ:ASTC)

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Neutral 44 (OpenAI - 5.2)
Rating:44Neutral
Price Target:
$6.00
▼(-16.67% Downside)
Action:Reiterated
Date:07/22/26
ASTC scores low primarily due to structurally weak financial performance (heavy losses, shrinking equity base, and persistent negative free cash flow) and bearish technicals (price below key moving averages with negative MACD). Corporate events are a modest offset, as a potential subsidiary sale and board addition could improve strategic flexibility, but current fundamentals and trend remain the dominant risks.
Positive Factors
Modest Leverage
Astrotech’s low absolute debt and debt-to-equity near 0.20 provide durable financial flexibility relative to its operating losses. Modest leverage reduces immediate refinancing pressure, preserves optionality for strategic moves or temporary funding needs, and limits interest burden while the company pursues a structural pivot.
Negative Factors
Persistent Cash Burn
Sustained negative operating and free cash flow at material levels relative to a small revenue base is a structural weakness. It forces reliance on external financing or asset sales, increases dilution and refinancing risk, and constrains the company’s ability to invest in growth or achieve operating leverage without a durable change to cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Modest Leverage
Astrotech’s low absolute debt and debt-to-equity near 0.20 provide durable financial flexibility relative to its operating losses. Modest leverage reduces immediate refinancing pressure, preserves optionality for strategic moves or temporary funding needs, and limits interest burden while the company pursues a structural pivot.
Read all positive factors

Astrotech (ASTC) vs. SPDR S&P 500 ETF (SPY)

Astrotech Business Overview & Revenue Model

Company Description
Astrotech Corporation is an international company focused on developing and bringing to market scientific and technological advancements. Its operations are structured into three distinct segments: Astrotech Technologies, Inc. (ATI), 1st Detect Co...
How the Company Makes Money
Astrotech makes money primarily by selling services and access to specialized aerospace facilities and related mission-support capabilities, and by commercializing technology when applicable. Key revenue streams have included: (1) facility and inf...

Astrotech Financial Statement Overview

Summary
Income statement and cash flow are very weak: revenue is extremely small/volatile (TTM down ~16%) with deeply negative profitability (net margin roughly -1,400%) and large ongoing cash burn (TTM operating cash flow about -13.5M; free cash flow about -14.7M). The balance sheet is a relative positive with modest leverage (debt-to-equity ~0.20), but equity has fallen sharply over time (~61M in 2021 to ~12M TTM), signaling ongoing value erosion and reduced cushion.
Income Statement
8
Very Negative
Balance Sheet
62
Positive
Cash Flow
12
Very Negative
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue1.01M1.05M1.66M750.00K869.00K334.00K
Gross Profit-888.00K-681.00K751.00K306.00K192.00K36.00K
EBITDA-12.86M-12.69M-10.79M-9.15M-7.83M-7.19M
Net Income-14.09M-13.85M-11.67M-9.64M-8.33M-7.60M
Balance Sheet
Total Assets16.17M26.99M37.64M47.67M56.22M65.63M
Cash, Cash Equivalents and Short-Term Investments6.58M18.21M31.92M42.13M52.63M63.29M
Total Debt2.38M2.68M300.00K607.00K1.04M2.80M
Total Liabilities4.02M4.89M2.83M2.96M2.98M4.43M
Stockholders Equity12.15M22.10M34.81M44.72M53.24M61.21M
Cash Flow
Free Cash Flow-14.73M-13.79M-10.30M-9.47M-7.39M-7.62M
Operating Cash Flow-13.53M-12.95M-9.72M-7.63M-6.79M-7.41M
Investing Cash Flow13.50M5.79M6.14M-3.84M-596.00K-27.59M
Financing Cash Flow-108.00K-185.00K-181.00K-776.00K-2.10M67.58M

Astrotech Risk Analysis

Astrotech disclosed 45 risk factors in its most recent earnings report. Astrotech reported the most risks in the "Legal & Regulatory" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Astrotech Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
51
Neutral
$1.86B-3.20-29.03%33.58%-18.98%
46
Neutral
$328.36M-0.57-105.02%-76.23%63.55%
46
Neutral
$168.92M-1.89-82.97%-9.23%64.77%
44
Neutral
$12.48M-0.76-81.85%11.63%0.61%
39
Underperform
$154.07M-0.33251.21%
38
Underperform
$78.36M-0.08-403.01%108.16%85.58%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
ASTC
Astrotech
6.27
1.02
19.36%
SPCE
Virgin Galactic Holdings
2.56
-1.12
-30.43%
MNTS
Momentus
4.52
-16.01
-77.98%
EVTL
Vertical Aerospace
1.30
-4.52
-77.66%
RDW
Redwire
8.47
-5.40
-38.93%
SIDU
Sidus Space, Inc. Class A
1.84
0.69
60.00%

Astrotech Corporate Events

Business Operations and StrategyExecutive/Board Changes
Astrotech Adds Veteran Director to Support Growth Strategy
Positive
Jul 22, 2026
On July 16, 2026, Astrotech Corporation expanded its Board of Directors, increasing its size and appointing veteran capital markets executive Matt Kreps as a director through the 2026 annual meeting. Kreps will receive standard non-employee direct...
Business Operations and StrategyM&A Transactions
Astrotech Explores Sale of 1st Detect to Fund Space Pivot
Positive
Jun 16, 2026
On June 16, 2026, Astrotech announced that its board had approved a process to explore the potential sale of its 1st Detect subsidiary, whose TRACER 1000 explosives and narcotics trace detection platform is the only mass spectrometry ETD certified...
Business Operations and StrategyPrivate Placements and Financing
Astrotech Establishes At-The-Market Equity Offering Program
Neutral
Jun 3, 2026
On June 2, 2026, Astrotech Corporation entered into an at-the-market offering agreement with H.C. Wainwright Co. that allows the company to sell up to $24.49 million of common stock from time to time under an existing shelf registration. The shar...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 22, 2026