Analyst SentimentAnalyst downgrades Terran Orbital Corporation from Buy to Neutral and reduces the price target from $2.50 to $1.35 due to concerns of questionable disclosures and further revenue slippage from the company's primary customer.
Corporate GovernanceTerran Orbital is operating without a permanent CFO and facing criticism from activist investors, which could contribute to governance concerns.
Financial UncertaintyRivada Space Networks, which comprises a significant portion of the company's backlog, has not secured its own required financing, potentially affecting Terran Orbital's future revenue.