KeyCorp Comments on SpaceX’s Q2 Earnings (NASDAQ:SPCX)

SpaceX (NASDAQ:SPCX) – Stock analysts at KeyCorp issued their Q2 2026 EPS estimates for SpaceX in a note issued to investors on Sunday, June 21st. KeyCorp analyst M. Leshock forecasts that the company will earn ($0.20) per share for the quarter. KeyCorp has a “Sector Weight” rating on the stock. KeyCorp also issued estimates for SpaceX’s Q3 2026 earnings at $0.00 EPS, Q4 2026 earnings at $0.00 EPS, FY2026 earnings at ($1.48) EPS, FY2027 earnings at $0.07 EPS and FY2028 earnings at $0.61 EPS.

Several other equities research analysts also recently commented on SPCX. KGI Securities downgraded SpaceX from an “outperform” rating to a “hold” rating in a report on Monday. Zacks Research upgraded SpaceX to a “hold” rating in a report on Monday, June 15th. Arete Research set a $401.00 price target on SpaceX and gave the stock a “buy” rating in a research report on Thursday, June 18th. Barclays upgraded shares of SpaceX from an “underweight” rating to an “overweight” rating in a research note on Monday. Finally, Wolfe Research began coverage on shares of SpaceX in a research report on Friday, June 12th. They set an “outperform” rating and a $175.00 price objective on the stock. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, SpaceX has an average rating of “Moderate Buy” and a consensus price target of $212.67.

SpaceX Stock Up 1.0%

SPCX stock opened at $156.11 on Wednesday. SpaceX has a twelve month low of $147.11 and a twelve month high of $225.64.

SpaceX (NASDAQ:SPCX) last released its earnings results on Thursday, May 7th. The company reported ($1.27) earnings per share (EPS) for the quarter. The firm had revenue of $4.69 billion for the quarter.

Insider Buying and Selling at SpaceX

In other news, CEO Elon Musk sold 11,390 shares of the business’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $105.32, for a total value of $1,199,594.80. Following the completion of the transaction, the chief executive officer owned 526,165,900 shares in the company, valued at $55,415,792,588. The trade was a 0.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

More SpaceX News

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Cathie Wood’s ARK Invest reportedly bought more SpaceX shares during the sell-off, signaling that some large investors still see long-term upside in the company’s AI and space ambitions. Article Title
• Positive Sentiment: SpaceX signed a $6.3 billion compute deal with Reflection AI, which adds a new revenue stream and reinforces the company’s push into AI infrastructure. Article Title
• Neutral Sentiment: SpaceX’s stock remains extremely volatile after its blockbuster IPO, with traders reacting to big moves in both the shares and the derivatives market. Article Title
• Negative Sentiment: The biggest driver of the sell-off is SpaceX’s plan to raise at least $20 billion in senior unsecured notes so soon after its IPO, which raised concerns about dilution, leverage, and the need to refinance debt rather than fund pure growth. Article Title
• Negative Sentiment: Analysts and commentators are warning that SpaceX’s valuation may be too rich, especially as it expands into AI/data centers and faces questions about future margins, lockup expirations, and possible insider selling. Article Title

About SpaceX

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.