SpaceX (NASDAQ:SPCX) Releases Earnings Results

SpaceX (NASDAQ:SPCX) issued its earnings results on Tuesday. The company reported $0.35 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $14.57 billion for the quarter.

SpaceX Stock Performance

Shares of NASDAQ SPCX traded down $0.17 during mid-day trading on Tuesday, reaching $147.79. 86,850,238 shares of the company traded hands, compared to its average volume of 100,465,531. 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 stock has a market cap of $1.95 trillion and a PE ratio of -1,642.11. The company’s fifty day moving average is $148.63. SpaceX has a fifty-two week low of $104.83 and a fifty-two week high of $225.64.

Insiders Place Their Bets

In other SpaceX news, COO Gwynne Shotwell sold 342,170 shares of the company’s stock in a transaction that occurred on 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 sale, the chief operating officer owned 2,472,035 shares of the company’s stock, valued at $379,630,414.95. This represents a 12.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Institutional Trading of SpaceX

Institutional investors and hedge funds have recently modified their holdings of the company. SC US Ttgp LTD. bought a new stake in shares of SpaceX during the second quarter valued at approximately $20,933,621,000. Darsana Capital Partners LP acquired a new position in shares of SpaceX in the second quarter valued at $17,335,783,000. K5 Global Advisor LLC bought a new position in SpaceX in the second quarter worth $6,587,531,000. State Street Corp bought a new position in SpaceX in the second quarter worth $1,858,329,000. Finally, Dragoneer Investment Group LLC acquired a new stake in SpaceX during the second quarter worth $1,366,880,000.

More SpaceX News

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Analysts are watching for continued momentum in Starlink, AI-computing revenue and commercial launch activity. A successful Starship launch or progress toward orbital refueling and a mid-air “catch” could support the long-term valuation. SpaceX’s Starship Catch Could Unlock Valuation Upside
• Positive Sentiment: Options traders anticipate a sizeable post-earnings move, with estimates ranging from roughly 6% to 8%, while the bullish scenario would involve revenue and earnings exceeding expectations. Analysts are projecting approximately $12.7 billion to $12.9 billion in revenue and $0.14 per share in earnings. SpaceX reports after the bell. Here’s what options traders expect
• Neutral Sentiment: Elon Musk’s proposal to give one SpaceX share to every U.S. child could increase public awareness and expand the shareholder base, but the plan lacks eligibility, funding and distribution details. Because the shares would reportedly come from Musk personally, the immediate dilution effect is unclear. Elon Musk says he’ll give a SpaceX share to every child in America next year
• Negative Sentiment: Investors are concerned that Starlink growth may rely increasingly on lower-priced plans, making revenue per user a key metric. They also want evidence that AI-computing sales are producing sustainable returns rather than merely supporting an expensive infrastructure buildout. SpaceX Reports Earnings Today: Key Numbers to Watch
• Negative Sentiment: Forecast spending of about $19 billion, potential debt issuance and the possibility of much higher 2027 capital expenditures are weighing on sentiment. Musk’s ambitious long-term revenue projections are also drawing skepticism because previous forecasts have often been aggressive. SpaceX Revenue Projections Look Wildly Optimistic
• Negative Sentiment: More than one billion shares are expected to become eligible for sale after the quarterly update, creating a potential supply overhang. Speculation about a Tesla–SpaceX merger remains an additional volatility driver rather than a confirmed catalyst. A Massive SpaceX Stock Lockup Expiration Is Coming

Analyst Ratings Changes

Several analysts recently issued reports on the company. Yorkville Ives began coverage on SpaceX in a report on Tuesday, October 6th. They set an “outperform” rating and a $225.00 price objective for the company. Evercore restated an “outperform” rating and issued a $275.00 target price on shares of SpaceX in a research note on Friday. Benchmark began coverage on SpaceX in a research note on Monday, June 22nd. They set a “buy” rating for the company. Barclays assumed coverage on SpaceX in a report on Friday, October 9th. They set an “overweight” rating and a $254.00 price target for the company. Finally, Sanford C. Bernstein reissued a “buy” rating 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 assigned a Buy rating, nine have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $221.44.

About SpaceX

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.