From Seekingalpha · Steven Fiorillo · · 40s
SpaceX Q3 Revenue Hits $14.58 Billion
SpaceX's Q3 revenue jumps 161% YoY to $14.58 billion as analyst upgrades rating to Buy.
In brief
SpaceX's Q3 revenue jumps 161% YoY to $14.58 billion as analyst upgrades rating to Buy. SpaceX reported $14.58 billion Q3 revenue, up 161% YoY, prompting analyst to upgrade rating to Buy. Originally reported by Seekingalpha.
SpaceX Q3 Results
SpaceX reported Q3 revenue of $14.58 billion, up 161% YoY, with $4.4 billion net income.
Q1 2027 Revenue Guidance
SPCX management guided for $33-$37 billion revenue in Q1 2027, an annual run rate of $140 billion.
Analyst Rating Upgrade
Analyst Steven Fiorillo upgraded his rating to Buy from Neutral due to strong operating leverage and exceeding expectations.
The essence
SpaceX reported $14.58 billion Q3 revenue, up 161% YoY, prompting analyst to upgrade rating to Buy.
