(0:20) – Is Now A Good Time To Invest Into SpaceX? <\/p>\n
(3:00) – Breaking Down SpaceX and Tesla’s Current Valuations <\/p>\n
(22:15) – Episode Roundup: SPCX, TSLA <\/p>\n
\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Podcast@Zacks.com <\/p>\n
Welcome to Episode #494 of the Zacks Market Edge Podcast. <\/p>\n
Every week, host and Zacks stock strategist, Tracey Ryniec, is joined by guests to discuss the hottest investing topics in stocks, bonds, and ETFs and how it impacts your life. <\/p>\n
This week, Tracey went solo to discuss shares of Space Exploration Technologies Corp. SPCX, otherwise known as “SpaceX,” the Elon Musk managed space technology company. <\/p>\n
It went public on June 12, 2026, in the largest IPO in history. <\/p>\n
The shares soared in the first several days but have now moved lower and are down 25.2% since the IPO. <\/p>\n
Is this a buying opportunity in SpaceX? <\/p>\n
Analysts Weigh in Ahead of SpaceX’s First Public Earnings Report <\/p>\n
The analysts have now weighed in ahead of SpaceX’s first publicly traded earnings report on Aug 4, 2026. <\/p>\n
For the quarter, Zacks has 9 analyst earnings estimates. The Zacks Consensus is looking for a loss of $0.26. <\/p>\n
The most accurate estimate is looking for a loss of $0.28. This is the most recent estimate and is more bearish. <\/p>\n
For the full year 2026, Zacks also has 9 estimates. The Zacks Consensus is looking for a loss of $0.64. The most accurate estimate is more bullish, however, at a loss of $0.46. <\/p>\n
For the full year 2027, Zacks also has 9 estimates. But the analysts are more bullish with a turnaround in earnings to the positive with a Zacks Consensus of $0.63. The most accurate estimate is even better at $0.82. <\/p>\n
Remember, earnings estimates will be changing throughout the year. <\/p>\n
SpaceX currently is a Zacks Rank #3 (Hold). The Zacks Rank is a short-term recommendation of 1 to 3 months. It’s based on changes to analyst earnings estimates. <\/p>\n
What About Buying Tesla Instead? <\/p>\n
There are many rumors that SpaceX may buy Tesla, or Tesla may buy SpaceX, or that they will merge in some manner. <\/p>\n
Should investors just buy Tesla, Inc. TSLA instead of SpaceX? <\/p>\n
Tesla has already reported its second quarter 2026 earnings. It missed on the estimate by $0.17, reporting $0.33 versus the Zacks Consensus of $0.50. <\/p>\n
The analysts are bearish on Tesla for 2026. Nine estimates have been cut in the last week, pushing the 2026 Zacks Consensus Estimate down to $1.80 from $2.13 in that time. <\/p>\n
The most accurate estimate for 2026 is even more bearish at $1.75. <\/p>\n
That is still earnings growth of 8.4% as Tesla made $1.66 last year, but the Zacks Consensus is going the wrong way. <\/p>\n
Tesla is now a Zacks Rank #4 (Sell) stock as the analysts have cut estimates but have not raised them. <\/p>\n","protected":false},"excerpt":{"rendered":"(0:20) – Is Now A Good Time To Invest Into SpaceX? (3:00) – Breaking Down SpaceX and Tesla’s…\n","protected":false},"author":2,"featured_media":772732,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[413551,413550,64,63,128,285,5437,413552,413549,47503],"class_list":["post-841156","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-accurate-estimate","tag-analyst-earnings-estimates","tag-au","tag-australia","tag-science","tag-space","tag-spacex","tag-tracey-ryniec","tag-zacks-market-edge","tag-zacks-rank"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/841156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=841156"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/841156\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/772732"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=841156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=841156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=841156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}