SpaceX (SPCX) Stock: What Wall Street Expects from Earnings Tuesday

TLDR SpaceX (SPCX) stock fell 2% on Friday to about $146, extending its weekly loss to more than 10% ahead of Q3 earnings Tuesday. Analysts expect EPS of $0.14 to $0.23 on revenue of $12.89 billion, which would be SpaceX’s first profit. FactSet expects $6.47 billion in AI revenue as the company keeps adding compute deals. Evercore ISI raised its price target to $275 from $230, while options traders price in only a 5.3% move. Tesla reports Wednesday, and merger talk is growing, with a 24% chance of an announcement by year-end on one prediction market. SpaceX (SPCX) stock closed Friday at $146.03, down 2%, and has lost more than 10% over the past week. The drop comes ahead of the company’s Q3 earnings report late Tuesday, October 20.

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