SpaceX $SPCX Shares Bought by Kercheville Advisors LLC

Kercheville Advisors LLC grew its stake in shares of SpaceX (NASDAQ:SPCX) by 158.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 23,010 shares of the company’s stock after acquiring an additional 14,120 shares during the quarter. Kercheville Advisors LLC’s holdings in SpaceX were worth $3,471,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. James T. Borello RIA increased its stake in SpaceX by 41.4% in the 3rd quarter. James T. Borello RIA now owns 246 shares of the company’s stock worth $37,000 after purchasing an additional 72 shares in the last quarter. Downshift Financial LLC lifted its stake in SpaceX by 25.7% during the third quarter. Downshift Financial LLC now owns 553 shares of the company’s stock valued at $83,000 after buying an additional 113 shares in the last quarter. Decision Investments Inc. lifted its stake in SpaceX by 10.7% during the third quarter. Decision Investments Inc. now owns 1,443 shares of the company’s stock valued at $218,000 after buying an additional 139 shares in the last quarter. Worthington Financial Partners LLC boosted its holdings in shares of SpaceX by 3.0% in the third quarter. Worthington Financial Partners LLC now owns 4,883 shares of the company’s stock worth $737,000 after buying an additional 142 shares during the period. Finally, Syntax Research Inc. acquired a new stake in shares of SpaceX during the second quarter valued at approximately $26,000.

SpaceX Stock Performance

Shares of SpaceX stock traded up $1.93 on Monday, reaching $147.96. The stock had a trading volume of 73,697,866 shares, compared to its average volume of 100,789,758. The company has a current ratio of 5.12, a quick ratio of 4.99 and a debt-to-equity ratio of 0.29. The business has a 50-day moving average price of $148.63. The company has a market capitalization of $1.95 trillion and a PE ratio of -1,644.00. SpaceX has a fifty-two week low of $104.83 and a fifty-two week high of $225.64.

SpaceX (NASDAQ:SPCX) last announced its earnings results on Tuesday, August 4th. The company reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.26) by $0.17. The firm had revenue of $7.81 billion during the quarter. The company’s quarterly revenue was up 91.9% on a year-over-year basis. As a group, equities analysts forecast that SpaceX will post 0.07 earnings per share for the current fiscal year.

Insider Activity at SpaceX

In related news, COO Gwynne Shotwell sold 342,170 shares of the business’s stock in a transaction dated 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 transaction, the chief operating officer owned 2,472,035 shares of the company’s stock, valued at approximately $379,630,414.95. The trade was a 12.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Key Headlines Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Earnings could provide a catalyst. Analysts reportedly expect approximately $12.9 billion in third-quarter revenue and $0.14 in earnings per share. Investors will focus on Starlink cash flow, AI-related revenue, launch activity and 2027 spending plans. SpaceX Q3 Earnings Preview
• Positive Sentiment: Analyst support remains strong. Bernstein reiterated a Buy rating and a $248 price target, while other coverage points to upside if Starlink and AI growth justify the company’s ambitious investment program. Bernstein sets SpaceX stock price target
• Positive Sentiment: Starship and Starlink expansion could broaden future revenue. SpaceX is seeking approval for a major increase in Starship launch activity and is pursuing spectrum and direct-to-device opportunities that could make Starlink more competitive in wireless communications. SpaceX plans expanded Starship launches
• Neutral Sentiment: Elon Musk’s proposed stock giveaway generated attention. Musk said he plans to give one SpaceX share to every U.S. child next year, potentially involving roughly $10 billion or more of stock. Details on eligibility, administration and any dilution are not yet clear, limiting the immediate financial significance. Musk SpaceX shares giveaway
• Negative Sentiment: High spending and valuation create downside risk. SpaceX’s AI-computing business is growing but carries significant costs, while analysts are watching whether projected capital expenditures—potentially including an $18.4 billion investment program—will pressure profitability and cash flow. SpaceX earnings and AI spending

Analysts Set New Price Targets

SPCX has been the topic of several research analyst reports. KeyCorp reiterated a “sector weight” rating on shares of SpaceX in a research report on Tuesday, July 28th. Barclays assumed coverage on SpaceX in a research report on Friday, October 9th. They issued an “overweight” rating and a $254.00 target price for the company. Clear Str upgraded SpaceX to a “strong-buy” rating in a report on Tuesday, July 7th. Canaccord Genuity Group started coverage on SpaceX in a research report on Tuesday, July 7th. They set a “buy” rating and a $246.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $235.00 price objective on shares of SpaceX in a research note on Monday, September 28th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, nine have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, SpaceX currently has a consensus rating of “Moderate Buy” and a consensus price target of $221.44.

SpaceX Profile

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

SpaceX’s principal products and services include the Falcon 9 and Falcon Heavy rockets, the Dragon spacecraft and the Starlink satellite communications network. Falcon rockets are used to launch satellites, cargo and crew, while Dragon spacecraft support transportation to and from low Earth orbit.