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โ— TRACKER Updated 6d ago ยท 12 sources tracked

SpaceX Stock Can Gain Nearly 50%, New Bull Says

Pivotal Research issued a Buy rating for SpaceX, suggesting the stock could gain nearly 50% if the company solves a major engineering bottleneck. The bullish case relies heavily on the outlook for Starship reusability. While some analysts see a bullish technical pattern emerging, other forecasts remain grim. Market estimates for potential growth vary, with some reports citing a possible 43% jump contingent on the company achieving specific engineering milestones.

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  • โœ“ Pivotal Research issued a Buy rating for SpaceX, suggesting the stock could gain nearly 50% if the company solves a major engineering bottleneck.
  • โœ“ The bullish case relies heavily on the outlook for Starship reusability.
  • โœ“ While some analysts see a bullish technical pattern emerging, other forecasts remain grim.
๐Ÿ›ก๏ธ Source Corroboration: 12 independent reporting domains (70% confidence) โฑ Read time: ~2 min

What changed

Pivotal Research initiated coverage with a Buy rating based on Starship reusability.

Live updates

  1. Pivotal Research Rates SpaceX Buy on Starship Reusability

    Pivotal Research issued a Buy rating for SpaceX, suggesting the stock could gain nearly 50% if the company solves a major engineering bottleneck. The bullish case relies heavily on the outlook for Starship reusability. While some analysts see a bullish technical pattern emerging, other forecasts remain grim. Market estimates for potential growth vary, with some reports citing a possible 43% jump contingent on the company achieving specific engineering milestones.

    Why it matters

    SpaceX remains a privately held company led by Elon Musk. The ability to reuse the Starship rocket system is seen as the primary driver for the company's future valuation and operational efficiency.

    Still unconfirmed

    • Pivotal Research suggests SpaceX stock could gain nearly 50% if it solves a major bottleneck.
    • MarketWatch reports SpaceX stock could jump 43% if the company accomplishes a specific engineering feat.
    • Scott Galloway issued a grim stock price forecast for SpaceX.
    • Frank Cappelleri claims a bullish pattern is emerging in SpaceX shares.

    What to watch next

    • Technical confirmation of Starship reusability milestones
    • Further analyst price target updates for September
    Sources used for this update (12)
    1. economictimes.indiatimes.com โ€” Warren Buffett
    2. thestreet.com โ€” Scott Galloway issues grim SpaceX stock price forecast
    3. Barron's โ€” SpaceX Stock Can Gain Nearly 50%, New Bull Says
    4. Yahoo Finance โ€” What SpaceX CEO Elon Musk needs to do to launch the stock into the stratosphere
    5. CNBC โ€” SpaceX is a buy as the rocket company can solve one major bottleneck, says Pivotal Research
    6. Seeking Alpha โ€” SpaceX rated Buy in new coverage at Pivotal on Starship reusability outlook (SPCX:NASDAQ)
    7. Benzinga โ€” SpaceX Bull Case 'Rests Almost Entirely' on Starship Reuse. Analyst Says Buy Anyway
    8. The Motley Fool โ€” Should You Buy SpaceX Stock in September?
    9. TheStreet Pro โ€” SpaceX Helps Prevent Pullback With New Price Target
    10. Barchart.com โ€” SpaceX Stock Just Scored a New 'Buy' Rating. What to Know.
    11. MarketWatch โ€” SpaceXโ€™s stock could jump 43% โ€” if the company is able to accomplish this engineering feat
    12. www.cnbc.com โ€” A bullish pattern is emerging in SpaceX shares, says Frank Cappelleri
    confidence 70%
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