From The Motley Fool · Jennifer Saibil · · 50s
SpaceX Stock Cheap? Analyst Says Yes
Morgan Stanley analyst calls SpaceX stock cheap despite high growth.
In brief
Morgan Stanley analyst calls SpaceX stock cheap despite high growth. Morgan Stanley analyst Adam Jonas says SpaceX stock trades at 30 times 2028 expected profit, making it cheaper than most tech companies. Originally reported by The Motley Fool.
SpaceX Stock Price
SpaceX stock trades at 68 times sales after strong Q2 2026 growth.
Q2 2026 Results
SpaceX reported 92% sales increase with Starlink growing 55% and xAI 213%.
Analyst View
Morgan Stanley analyst Adam Jonas says SpaceX stock is cheap and getting cheaper.
“Cheap and Getting Cheaper”
Price Target
Jonas sets $300 price target for SpaceX over next 12 months, double current price.
Growth Rate
SpaceX trades at 30 times 2028 expected profit, below tech median of 16.
What matters most
Morgan Stanley analyst Adam Jonas says SpaceX stock trades at 30 times 2028 expected profit, making it cheaper than most tech companies.
