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SpaceX upgraded to Buy after Q3 EPS turnaround and Starship launch expansion plans.

Analyst Insights
27 Oct 2026, 23:40 WIB
Seeking Alpha
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Bullish
SpaceX upgraded to Buy after Q3 EPS turnaround and Starship launch expansion plans.

SpaceX has been upgraded to a Buy rating following key developments including a successful Flight 14, a positive earnings per share (EPS) reversal in fiscal Q3 2026, and plans to scale its Starship program. The company filed regulatory documents to support up to 456 launches annually, aiming to expand its Starlink satellite network and other projects aggressively. These factors suggest strong EPS growth and improved financial metrics, potentially lowering the forward price-to-earnings ratio to about 26 times within 2 to 3 years, indicating a promising investment outlook.

SpaceX's recent Q3 EPS reversal and Starship scaling plans provide context for technology sector performance on Pluang. For readers following the Technology sector, here is Pluang's market snapshot as of Oct 28, 2026 03:23 WIB: out of 150 priced US tech stocks, 84 rose and 66 fell. Notable movers include Applied Digital Corporation (APLD) at USD 19.52 with a 9.48% increase, Rigetti Computing Inc (RGTI) at USD 12.42 up 8.57%, and Iris Energy Limited (IREN) at USD 27.39 rising 7.71%. Typical hold times range from 27 to 38 days, with varying buy/sell order splits.

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