$SpaceX(SPCX)$  SpaceX is now one of BofA's highest-conviction ideas. BofA's Ronald Epstein just added it to the bank's US 1 List with a Buy rating and a $275 target.

His case after Q3: SpaceX beat on every metric, with revenue hitting $14.58B, up 161%, and Super Intelligence did $7.56B with its first operating profit of $431M, up from a $1.26B loss in Q2.

Then it raised the ante on what's coming in 2027, guiding Q1 2027 revenue to $33-37B versus $22B consensus. And he says the $100B run-rate by the end of 2026 is approaching rapidly.

Another analyst on the street who's super bullish on SpaceX.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment(4)

  • Top
  • Latest
  • Legengary
    ·10-29
    nice. bullish on spacex too. dont go against elon musk
    Reply
    Report
    Fold Replies
    • breAkdaWn: 
      exactly! EM is the king?
      10-30
      Reply
      Report
  • ChrisHo82
    ·10-29
    SpaceX need more catalysts to go further up, if not thing does not look good here
    Reply
    Report
  • MU69
    ·10-29
    What reason spacex price not moving up? Merger worry?
    Reply
    Report