Analysts expect SpaceX third-quarter revenue to surge to about $13 billion
Seeking Alpha reports that several brokers revised their SpaceX ratings ahead of its third-quarter report, where the AI business is set to take centre stage.
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what happened
Seeking Alpha reports that several brokers revised their views on SpaceX ahead of its third-quarter report. Pivotal Research raised its target to $230 from $220 and forecasts revenue of $13.2 billion and EPS of $0.21. Evercore ISI kept its Outperform rating and lifted its price target from $230 to $275.
Morgan Stanley maintained an Overweight rating and a $300 target, calling the quarter an “appetizer” ahead of longer-term catalysts such as Starship Flight 15. Susquehanna kept a Neutral rating and raised its target from $144 to $173. Barclays initiated coverage with an Overweight rating and a $254 target.
why it matters
The key question for markets is spending on AI compute. Goldman Sachs says heavy infrastructure build-outs could weigh on free cash flow in the near term. The spread of price targets, from $173 to $300, shows how far broker views diverge.
market impact
SpaceX: revenue and AI expectations set the tone before the report, and broker views are split
tags
instruments
sources
- SpaceX Q3 earnings: Revenue seen surging to $13B as AI business takes centre stage — Seeking Alpha, 20 October 2026 at 02:39 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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