What is KeyCorp’s Estimate for SpaceX Q2 Earnings?

SpaceX (NASDAQ:SPCX) – Stock analysts at KeyCorp issued their Q2 2026 earnings estimates for SpaceX in a research note issued on Sunday, June 21st. KeyCorp analyst M. Leshock expects that the company will post earnings per share of ($0.20) for the quarter. KeyCorp currently has a “Sector Weight” rating on the stock. KeyCorp also issued estimates for SpaceX’s Q3 2026 earnings at $0.00 EPS, Q4 2026 earnings at $0.00 EPS, FY2026 earnings at ($1.48) EPS, FY2027 earnings at $0.07 EPS and FY2028 earnings at $0.61 EPS.

SPCX has been the topic of several other reports. Cfra initiated coverage on SpaceX in a research note on Friday, June 12th. They issued a “sell” rating and a $115.00 target price on the stock. Morgan Stanley lowered SpaceX to a “negative” rating in a research report on Monday. Benchmark initiated coverage on SpaceX in a report on Monday. They issued a “buy” rating for the company. Seaport Research Partners raised SpaceX to a “buy” rating in a research note on Monday. Finally, Arete Research set a $401.00 target price on SpaceX and gave the company a “buy” rating in a report on Thursday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, SpaceX currently has a consensus rating of “Moderate Buy” and an average target price of $212.67.

SpaceX Price Performance

SPCX stock opened at $156.11 on Wednesday. SpaceX has a 12-month low of $147.11 and a 12-month high of $225.64.

SpaceX (NASDAQ:SPCX) last posted its quarterly earnings results on Thursday, May 7th. The company reported ($1.27) EPS for the quarter. The company had revenue of $4.69 billion for the quarter.

Insider Buying and Selling at SpaceX

In other SpaceX news, CEO Elon Musk sold 11,390 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $105.32, for a total transaction of $1,199,594.80. Following the transaction, the chief executive officer owned 526,165,900 shares in the company, valued at approximately $55,415,792,588. This represents a 0.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

SpaceX News Summary

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Cathie Wood’s ARK Invest reportedly bought more SpaceX shares during the sell-off, signaling that some large investors still see long-term upside in the company’s AI and space ambitions. Article Title
• Positive Sentiment: SpaceX signed a $6.3 billion compute deal with Reflection AI, which adds a new revenue stream and reinforces the company’s push into AI infrastructure. Article Title
• Neutral Sentiment: SpaceX’s stock remains extremely volatile after its blockbuster IPO, with traders reacting to big moves in both the shares and the derivatives market. Article Title
• Negative Sentiment: The biggest driver of the sell-off is SpaceX’s plan to raise at least $20 billion in senior unsecured notes so soon after its IPO, which raised concerns about dilution, leverage, and the need to refinance debt rather than fund pure growth. Article Title
• Negative Sentiment: Analysts and commentators are warning that SpaceX’s valuation may be too rich, especially as it expands into AI/data centers and faces questions about future margins, lockup expirations, and possible insider selling. Article Title

SpaceX Company Profile

SpaceX, or Space Exploration Technologies Corp., is an American aerospace company focused on the design, manufacture and launch of advanced rockets and spacecraft. The company develops launch vehicles and space systems used for commercial, government and scientific missions, with a strong emphasis on lowering the cost of access to space through reusable rocket technology.

Founded in 2002 by Elon Musk, SpaceX has built a broad portfolio of products and services that includes the Falcon 9 and Falcon Heavy rockets, the Dragon spacecraft and the Starship development program.