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Horizon Space Acquisition I Corp. Ordinary Shares (HSPO)HSPO

Upturn stock ratingUpturn stock rating
Horizon Space Acquisition I Corp. Ordinary Shares
$11.27
Delayed price
Profit since last BUY2.73%
Consider higher Upturn Star rating
upturn advisory
BUY since 111 days
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

11/07/2024: HSPO (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: Consider higher Upturn Star rating
Historic Profit: 7.45%
Upturn Advisory Performance Upturn Advisory Performance5
Avg. Invested days: 155
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 2
Last Close 11/07/2024
Type: Stock
Today’s Advisory: Consider higher Upturn Star rating
Historic Profit: 7.45%
Avg. Invested days: 155
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 2
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 11/07/2024
Upturn Advisory Performance Upturn Advisory Performance5

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 88.27M USD
Price to earnings Ratio 31.31
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) 0.36
Volume (30-day avg) 19013
Beta -
52 Weeks Range 10.63 - 11.28
Updated Date 11/8/2024
Company Size Small-Cap Stock
Market Capitalization 88.27M USD
Price to earnings Ratio 31.31
1Y Target Price -
Dividends yield (FY) -
Basic EPS (TTM) 0.36
Volume (30-day avg) 19013
Beta -
52 Weeks Range 10.63 - 11.28
Updated Date 11/8/2024

Earnings Date

Report Date -
When -
Estimate -
Actual -
Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -0.5%
Return on Equity (TTM) -

Valuation

Trailing PE 31.31
Forward PE -
Enterprise Value 89108376
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -167.97
Shares Outstanding 7832390
Shares Floating 4495400
Percent Insiders 28.56
Percent Institutions 69.81
Trailing PE 31.31
Forward PE -
Enterprise Value 89108376
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -167.97
Shares Outstanding 7832390
Shares Floating 4495400
Percent Insiders 28.56
Percent Institutions 69.81

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Rating -
Target Price -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -

AI Summarization

Horizon Space Acquisition I Corp. - A Comprehensive Overview

Company Profile:

History and Background: Horizon Space Acquisition I Corp., formed in 2020, is a blank check company. This means it was established with the sole purpose of acquiring another company and taking it public through a merger.

Core Business Areas: Horizon Space Acquisition I Corp.'s primary focus lies in the space and defense industries. They aim to identify and merge with a target business in these sectors to bring it to the public markets.

Leadership Team: The company is led by CEO Thomas Wilson, a veteran with extensive experience in business aviation, aerospace, and defense sectors. He is supported by a strong management team with expertise in finance, engineering, and legal aspects.

Top Products and Market Share: As a SPAC without a specific business yet, it's impossible to identify top products or estimate market share.

Total Addressable Market: The combined global space economy, including spaceflight, satellites, and related services, was valued at approximately $447 billion in 2023. The U.S. accounts for a substantial portion, being the world leader in the sector.

Financial Performance and Dividends: Since Horizon Space Acquisition I Corp hasn’t merged with a target company yet, it doesn’t have any operational financial data or dividend payouts.

** Growth Trajectory:** Future growth prospects depend heavily on the target company it merges with. Analyzing the target's historical and projected growth trajectory will provide insights into Horizon's future potential.

Market Dynamics: The space and defense industries are undergoing significant technological advancements and market expansion, driven by factors such as commercial space exploration, national security initiatives, and increasing private sector involvement.

Competitors: Key players in the SPAC market include:

  • Social Capital Hedosophia VI (IPOD): This SPAC focuses on technology mergers, recently acquiring fintech company SoFi.
  • Gores Guggenheim (GGPI): This SPAC merged with Polestar, an electric vehicle company, in June 2022.
  • SilverBox Engaged Merger (SBE): Targeting businesses with social and environmental impact, they merged with electric car charging provider ChargePoint in March 2022.

Potential Challenges and Opportunities:

Challenges:

  • Identifying the right target company and successfully completing the merger.
  • Integrating the acquired business and achieving post-merger growth.
  • Facing competition from numerous SPACs in the market, all looking for attractive acquisition opportunities.
  • Managing potential risks associated with the space and defense industries, such as technological challenges, regulatory changes, and geopolitical uncertainties.

Opportunities:

  • Capitalize on the significant growth potential within the space and defense sectors.
  • Leverage the combined expertise of Horizon's team and the acquired company's leadership to drive innovation and market expansion.
  • Attract investors seeking exposure to the high-growth space economy and defense technologies.

Recent Acquisitions: As of November 2023, Horizon has not yet announced a merger with a target company.

AI-Based Fundamental Rating:

Due to the lack of operational and financial data for Horizon Space Acquisition I Corp. itself, generating an AI-based fundamental rating is currently not possible. However, once a merger is completed, an analysis of the combined entity's fundamentals can provide a comprehensive assessment.

Sources:

  • Horizon Space Acquisition I Corp. Investor Presentation (2023)
  • SEC Filings
  • Statista: Space Economy Statistics
  • Crunchbase: SPAC Market Data

Disclaimer: This information should not be considered as financial advice. It is crucial to conduct your own due diligence and consult with a qualified financial advisor before making investment decisions.

Conclusion

Horizon Space Acquisition I Corp. represents an opportunity to invest in the future of the space and defense industries. While the company's prospects heavily rely on its yet-to-be-announced target company, its focus and leadership suggest potential for significant future growth.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About Horizon Space Acquisition I Corp. Ordinary Shares

Exchange NASDAQ Headquaters New York, NY, United States
IPO Launch date 2023-01-26 Chairman, CEO, CFO & Secretary Mr. Mingyu Li
Sector Financial Services Website
Industry Shell Companies Full time employees -
Headquaters New York, NY, United States
Chairman, CEO, CFO & Secretary Mr. Mingyu Li
Website
Website
Full time employees -

Horizon Space Acquisition I Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or related business combination with one or more businesses. Horizon Space Acquisition I Corp. was incorporated in 2022 and is based in New York, New York.

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