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SpaceX’s first earnings report deepens analyst split on stock
Analysts’ price targets reportedly span from $140 to $450 after SpaceX posted 92% revenue growth in its first earnings period.
MarketBeat Ratings notes that SpaceX’s first earnings report has left Wall Street more divided, with analysts maintaining a wide range of views on the company’s stock.
The outlet highlights that analyst price targets range from $140 to $450, following SpaceX’s post-IPO share slide.
MarketBeat also points to SpaceX’s reported 92% revenue growth in its first earnings report as a key factor behind the split in expectations.
Despite the broader disagreement, MarketBeat says SpaceX currently carries a Moderate Buy rating among analysts, even as top-rated analysts favor other names.