Iceye very undervalued4 Jun 2026 10:23
Iceye is forecast € 1 billion in revenue, and as I wrote earlier based on a fair 20 times sales should be worth € 20 billion. when you look at rocket lab in 800 mill revenue and a €67 billion market cap. Iceye is mega undervalued. but Iceye have forecast up to 150 sats a year in 2028 and they sell them at € 40 mill each. that's revenue of € 6 billion. multiply that by 20 or even 100 if comparing other space stocks like asts or rocket lab and it's very undervalued. Iceye said last year they want to IPO in 12 to 36 months time. if it went public it would increase SSIT nav by a huge amount. investors aren't working that out yet. but a few are like myself