Reddit Weekly Earnings Thread Analysis: Space & Tech Stocks Under Pressure Despite Strong Q3 Results

This analysis is based on the Reddit weekly earnings thread [1] published on November 7, 2025, which highlighted trader sentiment and trade ideas for the November 10-14 earnings week, focusing on NBIS, RKLB, ASTS, BYND, CRWV, and NICE tickers.

The Reddit thread accurately predicted a “prevailing bearish bias where even good results may lead to single-digit declines” [1]. This forecast has materialized despite several companies reporting exceptional Q3 2025 results:

• NBIS (Nebius Group)
  : Down 8.46% to $93.57 despite 355% YoY revenue growth to $146M and securing a $3B Meta deal [0][1]
• RKLB (Rocket Lab)
  : Down 1.87% to $50.28 following record Q3 revenue of $155.08M (+48% YoY) [0][2]
• ASTS (AST SpaceMobile)
  : Down 4.53% to $64.81 after revenue growth to $14.74M (from $1.16M YoY) [0][3]

The broader Technology sector decline of -0.997% [0] appears to be overwhelming individual company fundamentals, confirming the thread’s bearish thesis.

The Reddit thread’s focus on “small-cap and space stocks” [1] requires refinement. Current market caps show:

• NBIS: $20B (large-cap)
• CRWV: $43B (large-cap)
• RKLB: $26B (mid-cap)
• ASTS: $8.5B (mid-cap)
• BYND: $711M (small-cap)
• NICE: $18B (large-cap)

This classification mismatch suggests the analysis framework needs adjustment for accurate market positioning.

Nebius Group demonstrates exceptional growth but faces significant challenges:

• Raised 2025 revenue guidance to $500-550M with CapEx increased to ~$5B [1]
• 100% analyst Buy consensus but high valuation at 121.52x P/E [0]
• Announced at-the-market equity program for up to 25M shares, creating dilution risk [1]

The space sector shows mixed execution:

• RKLB
  : Strong operational metrics (37% GAAP gross margin) but Neutron launch delayed to Q1 2026 [2]
• ASTS
  : $3.2B cash position and $1B+ contracted revenue, but service launch delayed to early 2026 [3]
• Competitive Threat
  : ASTS faces Starlink’s D2D services already launched by T-Mobile [3]

Beyond Meat exemplifies the bearish sentiment:

• -99.12% decline over 5 years, Q3 revenue down to $70.22M [0][5]
• 57.1% analyst Sell consensus with Barclays target lowered to $1 [5]
• Demonstrates how quickly growth stock sentiment can deteriorate

: Several stocks trade at extreme multiples or remain unprofitable:

• NBIS at 121.52x P/E despite strong growth [0]
• ASTS and RKLB have negative P/E ratios with no current profitability [0]

:

• ASTS’s business model depends on successful satellite deployment and service launch by 2026 [3]
• RKLB’s Neutron delay may impact growth trajectory and competitive positioning [2]

:

• Technology sector weakness may persist, creating continued headwinds [0]
• BYND’s -77.42% one-year decline shows how sentiment can rapidly turn against growth stocks [0]

:

• NBIS’s $3B Meta deal and $17.4-19.4B Microsoft partnership represent significant long-term value [1]
• RKLB’s $1.1B contracted backlog and $1B+ cash position provide operational stability [2]
• ASTS’s $3.2B liquidity position supports execution through 2026 service launch [3]

:

• Current technology sector weakness may create entry points for long-term investors
• Space commercialization remains a multi-decade growth theme despite near-term volatility

The Reddit thread’s bearish bias has proven accurate, with technology sector weakness overriding strong fundamentals across most mentioned stocks. Space and AI infrastructure companies show exceptional growth metrics but face valuation pressure, execution risks, and competitive threats. The divergence between fundamentals and market sentiment creates both risks and opportunities, with timing being critical given current market conditions. Investors should monitor technology sector rotation patterns, company execution milestones, and valuation normalization trends while maintaining awareness of the high-risk nature of growth stocks in bearish environments.