SpaceX (SPCX) Stock: What Wall Street Expects from Earnings Tuesday
Photo: CoinCentral
TLDR SpaceX (SPCX) stock fell 2% on Friday to about $146, extending its weekly loss to more than 10% ahead of Q3 earnings Tuesday. Analysts expect EPS of $0.14 to $0.23 on revenue of $12.89 billion, which would be SpaceX’s first profit. FactSet expects $6.47 billion in AI revenue as the company keeps adding compute deals. Evercore ISI raised its price target to $275 from $230, while options traders price in only a 5.3% move. Tesla reports Wednesday, and merger talk is growing, with a 24% chance of an announcement by year-end on one prediction market.
Source: CoinCentral
