Research Analysts Issue Forecasts for SpaceX FY2026 Earnings

SpaceX (NASDAQ:SPCX) – Investment analysts at Erste Group Bank issued their FY2026 earnings per share estimates for shares of SpaceX in a report released on Thursday, October 8th. Erste Group Bank analyst S. Lingnau expects that the company will post earnings per share of ($0.04) for the year. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for SpaceX’s current full-year earnings is $0.09 per share. Erste Group Bank also issued estimates for SpaceX’s FY2027 earnings at $1.72 EPS.

Other equities analysts have also recently issued research reports about the stock. Wall Street Zen cut shares of SpaceX from a “hold” rating to a “sell” rating in a research note on Saturday, October 3rd. Raymond James Financial downgraded shares of SpaceX from a “strong-buy” rating to a “strong sell” rating in a report on Friday, August 7th. William Blair reiterated an “outperform” rating on shares of SpaceX in a research note on Friday. Wells Fargo & Company decreased their price objective on shares of SpaceX from $215.00 to $212.00 and set an “overweight” rating for the company in a report on Tuesday, September 8th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of SpaceX in a research report on Monday, September 28th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, nine have assigned a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $220.06.

SpaceX Stock Performance

NASDAQ SPCX opened at $163.42 on Tuesday. SpaceX has a one year low of $104.83 and a one year high of $225.64. The stock has a 50-day simple moving average of $146.01. The company has a market cap of $2.15 trillion and a P/E ratio of -1,815.78. The company has a debt-to-equity ratio of 0.29, a current ratio of 5.12 and a quick ratio of 4.99.

SpaceX (NASDAQ:SPCX) last announced its quarterly earnings results on Tuesday, August 4th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.17. The business had revenue of $7.81 billion for the quarter. The business’s quarterly revenue was up 91.9% compared to the same quarter last year.

Insider Buying and Selling

In related news, COO Gwynne Shotwell sold 342,170 shares of the company’s stock in a transaction on Tuesday, September 22nd. The stock was sold at an average price of $153.57, for a total transaction of $52,547,046.90. Following the completion of the sale, the chief operating officer owned 2,472,035 shares in the company, valued at approximately $379,630,414.95. This represents a 12.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Institutional Investors Weigh In On SpaceX

Large investors have recently made changes to their positions in the company. SC US Ttgp LTD. purchased a new stake in shares of SpaceX during the 2nd quarter valued at about $20,933,621,000. Darsana Capital Partners LP purchased a new position in shares of SpaceX in the second quarter worth approximately $17,335,783,000. K5 Global Advisor LLC purchased a new position in shares of SpaceX in the second quarter worth approximately $6,587,531,000. State Street Corp bought a new stake in SpaceX during the second quarter valued at approximately $1,858,329,000. Finally, Dragoneer Investment Group LLC bought a new stake in SpaceX during the second quarter valued at approximately $1,366,880,000.

Key Stories Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: SpaceXAI launched an X Subscription plan designed to bring Grok and related AI capabilities to more users. The initiative supports the company’s effort to diversify beyond rockets and satellite communications. Why SpaceX Stock Is Rising
• Positive Sentiment: Investors are also responding to Starlink’s growth potential. Jefferies estimates Starlink could serve 23% of aircraft by 2028, adding to expectations for expanding connectivity revenue. SpaceX Stock Forecast: Why Jefferies Sees Starlink Reaching 23% of Aircraft by 2028
• Positive Sentiment: Analyst support remains a key tailwind. Morgan Stanley maintained a Buy rating and a $300 target, while other coverage points to substantial upside from Starship, Starlink Mobile and AI software opportunities. Why does Morgan Stanley see an 85% upside for SpaceX stock?
• Neutral Sentiment: SpaceX agreed to testify before the New York City Council in an investigation of AI safety after receiving a subpoena. The hearing could increase scrutiny of the company’s AI activities, although no immediate financial impact was identified. SpaceX agrees to testify to NYC Council about AI safety after receiving subpoena
• Neutral Sentiment: AI-generated forecasts and bullish commentary continue to highlight SpaceX’s long-term potential, but the wide range of estimates underscores the stock’s volatility and uncertainty. AI predicts SpaceX stock price for the end of 2026
• Negative Sentiment: Concerns remain about Starship’s economics and risk profile. Insurance coverage reportedly caps near $650 million, potentially complicating launches carrying higher-value payloads. SpaceX’s Starship Has a $650M Problem
• Negative Sentiment: Investors must also balance the growth narrative against heavy capital needs, including a reported potential $40 billion debt deal for Nvidia chips, and valuation concerns following the recent rally. SpaceX Plans a $40 Billion Debt Deal for Nvidia Chips

SpaceX Company Profile

Space Exploration Technologies Corp. (SpaceX) is a privately held aerospace company founded in 2002 by Elon Musk. The company develops and operates launch vehicles, spacecraft and satellite systems designed to reduce the cost of access to space and support commercial, government and scientific missions.

SpaceX’s primary products and services include the Falcon 9 and Falcon Heavy launch vehicles, the Dragon spacecraft and the Starlink satellite internet network. The company also is developing Starship, a fully reusable launch and spacecraft system intended for missions to Earth orbit, the Moon and Mars.