Susquehanna Initiates SpaceX Coverage with Neutral Rating, $170 Price Target

According to BlockBeats, on June 23, investment bank Susquehanna International Group initiated coverage of SpaceX with a Neutral rating and a $170 price target, citing strong growth prospects but elevated current valuation. The firm forecasts sustained rapid revenue growth through 2030 driven by launch operations, Starlink, and artificial intelligence-related applications. Analysts recommend investors await better entry points, citing risks including potential Starship development delays, intensifying Starlink competition, and AI revenue uncertainty.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments