SpaceX (NASDAQ:SPCX) Stock Rating Lowered by Wall Street Zen

SpaceX (NASDAQ:SPCX) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Saturday, Wall Street Zen reports.

Other analysts have also issued reports about the stock. UBS Group reiterated a “buy” rating on shares of SpaceX in a research note on Tuesday, September 29th. Pivotal Research assumed coverage on shares of SpaceX in a research report on Tuesday, September 8th. They set a “buy” rating and a $220.00 price objective on the stock. Barclays upgraded shares of SpaceX from an “underweight” rating to an “overweight” rating in a report on Monday, June 22nd. Argus upgraded shares of SpaceX from a “hold” rating to a “buy” rating and set a $160.00 target price for the company in a research note on Friday, August 7th. Finally, Bank of America assumed coverage on SpaceX in a report on Tuesday, July 7th. They set a “buy” rating and a $235.00 price target on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, seven have assigned a Hold rating and seven have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $218.68.

SpaceX Price Performance

SpaceX stock opened at $158.96 on Friday. 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 has a one year low of $104.83 and a one year high of $225.64. The stock has a market capitalization of $2.10 trillion and a PE ratio of -1,766.22. The firm’s fifty day simple moving average is $139.62.

SpaceX (NASDAQ:SPCX) last issued its earnings results on Tuesday, August 4th. The company reported ($0.09) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.17. The business had revenue of $7.81 billion during the quarter. The firm’s revenue for the quarter was up 91.9% on a year-over-year basis. As a group, sell-side analysts expect that SpaceX will post 0.02 EPS for the current fiscal year.

Insider Buying and Selling at SpaceX

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

Institutional Trading of SpaceX

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wedbush Securities Inc. bought a new stake in shares of SpaceX during the 2nd quarter valued at $5,094,000. Hyperion Asset Management Ltd bought a new position in SpaceX in the 2nd quarter worth $201,137,000. K5 Global Advisor LLC purchased a new position in SpaceX during the second quarter valued at $6,587,531,000. Turner Financial Group Inc. purchased a new position in SpaceX during the second quarter valued at $1,228,000. Finally, Rik Saylor Financial Inc. bought a new stake in SpaceX during the second quarter valued at about $1,670,000.

Key Headlines Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Three successful launches in roughly 13 hours highlighted SpaceX’s execution and launch cadence. The missions included the Crew-13 astronaut flight to the International Space Station—the fastest U.S. trip to the ISS—Google’s Project Suncatcher AI satellite mission and a Starlink-related Starship flight. SpaceX stock surges after successful ISS and Google launches
• Positive Sentiment: The Google launch strengthens the investment case for SpaceX as an AI-infrastructure provider. Google is testing chips in orbit as part of a potential space-based data-center strategy, while Elon Musk said SpaceX is cautiously optimistic about powering Nvidia AI hardware at approximately 250 kilowatts. SPCX Stock Climbs As Three Thursday Launches Meet Start Of Google’s AI Pact
• Positive Sentiment: Analyst coverage remains bullish. TD Cowen initiated a Buy rating, and several reports cited roughly 48%–55% potential upside, supported by Starlink growth, defense contracts, reusable launch technology and future Starship applications. Despite a Successful Starship Launch and a New Buy Rating
• Positive Sentiment: SpaceX’s reusable fairing program has reportedly saved about $120 million over eight years, providing evidence that launch reusability can improve long-term margins. SpaceX Saved $120 Million
• Neutral Sentiment: Investors are increasingly valuing SpaceX as both a space company and an AI company, with possible future opportunities in orbital data centers, satellite connectivity for airlines and maritime customers, and semiconductor manufacturing.
• Negative Sentiment: Valuation remains the main risk. Articles note that SPCX could become profitable in 2027, but its lofty valuation leaves little room for launch failures, Starship delays or slower-than-expected Starlink and AI commercialization. SpaceX Could Be Profitable in 2027, but the Stock Looks Expensive

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.