SpaceX $SPCX Stock Bought by Woodward Diversified Capital LLC

Woodward Diversified Capital LLC increased its holdings in SpaceX (NASDAQ:SPCX) by 964.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,424 shares of the company’s stock after purchasing an additional 40,249 shares during the quarter. SpaceX accounts for 2.5% of Woodward Diversified Capital LLC’s holdings, making the stock its 7th biggest position. Woodward Diversified Capital LLC’s holdings in SpaceX were worth $6,702,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in SPCX. Syntax Research Inc. acquired a new position in SpaceX in the second quarter worth approximately $26,000. Atwood & Palmer Inc. bought a new stake in shares of SpaceX during the 2nd quarter worth $29,000. PayPay Securities Corp bought a new stake in shares of SpaceX during the 2nd quarter worth $30,000. Hickory Point Bank & Trust acquired a new position in shares of SpaceX in the 3rd quarter worth $30,000. Finally, Maryland Capital Advisors Inc. acquired a new stake in shares of SpaceX during the third quarter worth $30,000.

Key Headlines Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Strong Q3 results: SpaceX reported $14.58 billion in revenue, up 161% year over year, and earnings of $0.35 per share versus the $0.10 consensus estimate. Net income reached approximately $4.4 billion, compared with a loss a year earlier. SpaceX quarterly revenue jumps, beats estimates as AI business surges
• Positive Sentiment: AI business is scaling rapidly: The Super Intelligence segment generated roughly $7.56 billion in revenue, up more than eightfold, and became SpaceX’s largest revenue contributor. Management said new computing deployments are currently producing payback in less than a year, helping validate the company’s AI infrastructure strategy. Why SpaceX Stock Popped After Earnings
• Positive Sentiment: Upbeat outlook and analyst support: SpaceX guided to $33 billion-$37 billion in first-quarter 2027 revenue, while its backlog reached about $63 billion. JPMorgan raised its price target to $500, and other firms including Wells Fargo, TD Cowen and Needham also increased targets or reiterated bullish ratings. Top Analysts Boost Price Targets After Q3 Beat
• Positive Sentiment: Merger speculation added momentum: Elon Musk called a Tesla-SpaceX merger a good idea, and both companies formed independent committees to examine a transaction. A combination could create synergies across AI, vehicles, robotics, connectivity and data. However, no deal is certain and shareholder approval would be required. SpaceX and Tesla boards form special committees to review merger
• Neutral Sentiment: Starlink remains an important financial base: Connectivity revenue rose 69% to approximately $5.25 billion, with 13.6 million consumer subscribers and strong enterprise and government growth. Investors are watching whether subscriber expansion and direct-to-device plans can support the AI buildout.
• Negative Sentiment: Capital intensity remains the key risk: SpaceX spent about $19.6 billion on capital expenditures in the quarter and expects $35 billion-$40 billion in fourth-quarter spending. Analysts have warned that continued AI expansion could require substantial borrowing and create execution, power-availability and cash-flow risks. SpaceX Bulls Get Louder After Q3 Earnings Print
• Negative Sentiment: Potential supply and governance overhangs: Upcoming insider share unlocks could increase selling pressure, while concerns about Starlink’s geopolitical exposure and the uncertain terms of any Tesla merger remain risks to valuation.

SpaceX Stock Up 7.8%

SPCX opened at $159.31 on Thursday. The stock has a market capitalization of $2.10 trillion and a price-to-earnings ratio of -1,770.11. The firm has a fifty day simple moving average of $149.18. The company has a debt-to-equity ratio of 0.29, a current ratio of 5.12 and a quick ratio of 4.99. SpaceX has a 12-month low of $104.83 and a 12-month high of $225.64.

SpaceX (NASDAQ:SPCX) last issued its quarterly earnings results on Tuesday, October 20th. The company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.25. The business had revenue of $14.57 billion for the quarter. The company’s quarterly revenue was up 161.4% compared to the same quarter last year. During the same quarter last year, the company earned ($0.36) EPS. On average, analysts expect that SpaceX will post 0.07 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on SPCX shares. Cantor Fitzgerald lifted their price target on SpaceX from $246.00 to $345.00 and gave the stock an “overweight” rating in a research note on Tuesday. Barclays upped their price objective on shares of SpaceX from $254.00 to $300.00 and gave the company an “overweight” rating in a research note on Wednesday. Mizuho set a $205.00 target price on shares of SpaceX in a report on Wednesday. Pivotal Research set a $260.00 target price on shares of SpaceX in a research report on Wednesday. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $245.00 target price on shares of SpaceX in a research report on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, SpaceX presently has a consensus rating of “Moderate Buy” and a consensus price target of $243.08.

Insider Transactions at SpaceX

In other SpaceX news, COO Gwynne Shotwell sold 342,170 shares of the firm’s stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $153.57, for a total transaction of $52,547,046.90. Following the completion of the sale, the chief operating officer directly owned 2,472,035 shares in the company, valued at approximately $379,630,414.95. This trade represents a 12.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

SpaceX Company Profile

Space Exploration Technologies Corp., commonly known as SpaceX, is a privately held aerospace company founded in 2002 by Elon Musk. The company develops and operates launch vehicles and spacecraft designed to reduce the cost of access to space and support commercial, government and scientific missions.

SpaceX’s principal products and services include the Falcon 9 and Falcon Heavy rockets, the Dragon spacecraft and the Starlink satellite communications network. Falcon rockets are used to launch satellites, cargo and crew, while Dragon spacecraft support transportation to and from low Earth orbit.