SpaceX (NASDAQ:SPCX) Earns Sell Rating from Analysts at DZ Bank

Key Points

• DZ Bank initiated coverage with a “sell” rating and a $100 price target, implying roughly 25.4% downside from SpaceX’s $134 share price.
• Analyst opinion remains mixed: despite DZ Bank’s bearish view, the broader consensus is “moderate buy,” with an average price target of $220.20.
• SpaceX reported quarterly revenue of $7.81 billion, up 91.9% year over year, and adjusted its loss to $0.09 per share—better than the expected $0.26 loss.

Research analysts at DZ Bank began coverage on shares of SpaceX (NASDAQ:SPCX - Get Free Report) in a research report issued to clients and investors on Friday. The firm set a "sell" rating and a $100.00 price target on the stock. DZ Bank's price objective indicates a potential downside of 25.37% from the company's current price.

SPCX has been the topic of a number of other reports. Stifel Nicolaus began coverage on shares of SpaceX in a research report on Tuesday, July 7th. They issued a "buy" rating and a $190.00 price objective on the stock. HSBC started coverage on SpaceX in a report on Thursday, July 23rd. They issued a "hold" rating and a $115.00 price target on the stock. Argus raised SpaceX from a "hold" rating to a "buy" rating and set a $160.00 price target for the company in a research note on Friday, August 7th. KeyCorp reaffirmed a "sector weight" rating on shares of SpaceX in a research report on Tuesday, July 28th. Finally, Piper Sandler reduced their target price on SpaceX from $156.00 to $140.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, eight have issued a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $220.20.

SpaceX Stock Down 4.0%

Shares of SPCX opened at $134.00 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 4.99 and a current ratio of 5.12. The stock has a fifty day moving average of $142.80. The company has a market capitalization of $1.75 trillion and a P/E ratio of -1,488.89. SpaceX has a 52-week low of $104.83 and a 52-week high of $225.64.

SpaceX (NASDAQ:SPCX - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported ($0.09) earnings per share for the quarter, beating analysts' consensus estimates of ($0.26) by $0.17. The firm had revenue of $7.81 billion for the quarter. The company's revenue was up 91.9% on a year-over-year basis. As a group, research analysts anticipate that SpaceX will post -0.15 earnings per share for the current fiscal year.

Institutional Investors Weigh In On SpaceX

Hedge funds have recently made changes to their positions in the company. Atwood & Palmer Inc. purchased a new stake in SpaceX in the second quarter worth about $29,000. Marquette Asset Management LLC bought a new stake in shares of SpaceX in the 2nd quarter valued at about $32,000. Burkett Financial Services LLC purchased a new stake in shares of SpaceX in the 2nd quarter worth approximately $70,000. Contravisory Investment Management Inc. purchased a new stake in shares of SpaceX in the 2nd quarter worth approximately $73,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in SpaceX during the second quarter valued at approximately $89,000.

More SpaceX News

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: CEO Elon Musk said SpaceX could eventually conduct roughly 30 Starship launches per day, or about 10,000 annually, by 2030. Although highly ambitious, the target highlights significant long-term potential for launch services, satellite deployment and space-based infrastructure. Elon Musk Says SPCX Could Reach 10,000 Starship Launches Annually by 2030
• Positive Sentiment: SpaceX has completed its 100th launch of 2026 and expanded the Starlink constellation beyond 11,000 satellites, supporting the company’s recurring broadband revenue opportunity and launch cadence. As Starlink Passes 11,000 Satellites
• Positive Sentiment: William Blair analyst Louie DiPalma reiterated a Buy rating, citing SpaceX’s potential reusability advantage and growth in AI-related revenue. Other analysts also expect substantial upside despite near-term volatility. Analyst Reiterates Buy on SpaceX
• Neutral Sentiment: Anthropic is reportedly preparing for an IPO that could rival SpaceX’s record offering, potentially increasing attention on AI valuations while also giving investors another large technology listing to compare with SpaceX. Anthropic to File for IPO
• Negative Sentiment: Approximately 319 million additional SpaceX shares became eligible for trading in the second post-IPO lockup expiration. The added supply has pushed shares below the $135 IPO price, and further unlocks are scheduled through 2027, creating an ongoing overhang and potential selling pressure. SpaceX Stock Slips as 319 Million New Shares Come to Market
• Negative Sentiment: Musk pushed back the expected attempt to catch a returning Starship upper stage with the launch tower by several months. A Starlink launch was also scrubbed with seconds remaining, reinforcing concerns about execution risk and schedule delays. Starship Delays Drive SpaceX Stock Lower

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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