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Synspective surges 18% as major domestic brokerage raises target price on overseas expansion outlook

Fri May 22, 2026 12:59 pm JST Catalyst

Synspective Inc <290A> surged, jumping approximately 18% at one point from the previous day. On May 21, Nomura Securities raised its target price on the stock to 2,082 yen from 1,753 yen, while maintaining its top-tier "Buy" rating. The upward revision reflects expectations for accelerated global expansion. While there are only around five small Synthetic Aperture Radar (SAR) satellite operators globally, national security demand is expanding in Europe and Asia, with the U.S. market showing medium-term promise. Consequently, Synspective's overseas sales are projected to expand starting around 2028. Nomura noted that building a SAR satellite constellation provides the company an opportunity to accumulate world-class data, viewing it as the most promising player in the space services sector.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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