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Space Exploration Technologies

SPCX NASDAQ

There isn't enough cash-flow history to value Space Exploration Technologies yet. Its growth outlook scores mixed; analysts' mean target is about 83% higher.

$121.61 +5.67% today as of 4 Aug, 4:48 PM
Aerospace & Defense

At a glance

tap a tile to dig in

Otto's verdict

the tiles above, in a line each

Not investment advice — Otto just crunches numbers.

Price trend

-14.9% over one year · S&P 500 +3.3%

2026-06-12 · $160.95 2026-08-21 · $136.97

What think

The market's move: -14.9% over the past year

52-wk low $104.83 high $225.64

Trading 14% up its 52-week range. Price is the market's live vote — not advice.

The snowflake

checks passed on each axis
Value n/a Future 50% Past 50% Health 50% Dividend n/a
  • Value 0/— checks
  • Future 1/2 checks
  • Past 1/2 checks
  • Health 3/6 checks
  • Dividend 0/— checks
What does this show?

Five quick health scores — Value, Future, Past, Health and Dividend — each 0–100%. A bigger, more even shape means a stock that scores well across the board; a spiky one is strong on some axes and weak on others.

Learn more on Investopedia →

Fair value

our estimate · not analyst forecast

Not enough cash-flow history to estimate a fair value for SPCX yet.

What does this show?

Our estimate of what one share is worth based on the cash the business is expected to generate (a discounted-cash-flow model), next to today's price. Below fair value hints undervalued, above hints expensive — it's an estimate, not a guarantee.

Learn more on Investopedia →

Health checks

10 checks run on free data
Show all 10 checks by axis

Value 0/— passed

  • Trading below our fair-value estimate
  • P/B below industry industry P/B not on the free feed
  • P/E below industry industry P/E not on the free feed
  • P/E below peer average peer P/Es land after the next refresh
  • P/S sane vs its own history needs multi-year P/S (Tier B)
  • More than 20% below fair value

Future 1/2 passed

  • Earnings trending up latest above earliest
  • Growth beats the industry industry growth not on the free feed
  • Earnings growth beats the market
  • Revenue trending up 34.1%/yr over 2yr
  • Return on equity improving n/a

Past 1/2 passed

  • Earnings grew over the period -4.6B → -4.9B
  • High-quality earnings (few one-offs) one-off detection deferred — needs statement detail
  • Growth accelerating vs its average n/a (loss years)
  • Revenue higher than five years ago 10.4B → 18.7B
  • Return on equity above 20%

Health 3/6 passed

  • Debt/equity falling over time long-term debt/equity 53.2% vs 52.0%
  • Debt is under 40% of equity debt/equity 74%
  • Debt well covered by cash flow operating cash flow covers 29.0% of debt
  • Interest comfortably covered by profit EBIT covers interest -1.2×
  • Short-term assets cover long-term debt 31.0B vs 29.4B
  • Short-term assets cover short-term bills 31.0B vs 21.4B

Dividend 0/— passed

  • Dividend covered by earnings and cash flow pays no dividend
  • Dividend growing over time pays no dividend
  • No dividend cut in recent years pays no dividend
  • Payout ratio under 75% pays no dividend
  • Yield beats the market pays no dividend
  • Yield in the top quartile of payers pays no dividend
What does this show?

Pass/fail rules on the company's finances — debt levels, profitability, cash cover and so on. More greens means a sturdier balance sheet; an n/a just means we didn't have that data point.

Learn more on Investopedia →

Past performance

recent history from Yahoo Finance

Revenue

2023 · 10.4B 2025 · 18.7B

Earnings

2023 · -4.6B 2025 · -4.9B

Free cash flow

2023 · 105.0M 2025 · -14.1B

dashed line = what it'd look like growing at our ~9% market-average benchmark, for comparison

What does this show?

How revenue, earnings and free cash flow have grown over the years. Bars rising left-to-right show a growing business; the dashed line is a market-average pace for comparison.

Learn more on Investopedia →

Revenue & expenses

Q1 2026
Revenue $4.69B +15% Y/Y Gross profit $2.31B 49% margin Cost of sales $2.39B 51% of revenue Expenses $6.58B 140% of revenue R&D $3.51B 75% of revenue SG&A $746.00M 16% of revenue Tax & other $2.32B 50% of revenue
What does this show?

How a company turns sales into profit. Revenue splits into the direct cost of sales and the gross profit left over; from that gross profit come operating costs (R&D, SG&A), tax and interest — what survives is net income. Every figure is also shown as a share of revenue, so you can compare periods and companies of different sizes.

Learn more on Investopedia →

Future

trend, not analyst forecast

Revenue · extended at 15.0%/yr

2023 · 10.4B 2028 · 28.4B projected

Dashed bars just extend the historical trend (capped at ±15%/yr) — the same growth our DCF uses. It's arithmetic on the past, not an analyst forecast; real futures bend.

What does this show?

Solid bars are history; dashed bars simply extend the past growth trend a few years forward — capped so it stays sane. It's a trend line, not an analyst forecast.

Learn more on Investopedia →

Dividend

from cash actually paid, not promises

Space doesn't pay a dividend — Otto leaves this axis blank rather than guessing.

What does this show?

The share of profit paid back to shareholders as cash. Yield is that cash as a % of the price; the payout gauge shows how much of earnings is paid out (over ~75% can be hard to sustain).

Learn more on Investopedia →

Ownership & insiders

from SEC Form 4 filings

0 open-market buys · 1 sale in the last 6 saved filings

Insiders must report within two business days. Sales are often pre-planned (10b5-1) rather than a signal — buys tend to say more.

What does this show?

Buys and sells by the company's own directors and officers, from their SEC filings. Insiders sell for many reasons, but clusters of open-market buying can signal confidence.

Learn more on Investopedia →

Competitors

Compare Aerospace & Defense · tap to jump
What does this show?

A few peers in the same business, each with its own mini snowflake, so you can see how this company stacks up rather than judging it in isolation. Anyone signed in can add a missing competitor — it shows for everyone, marked as user-added.

Learn more on Investopedia →

Leadership

Yahoo Finance · photos & bios via Wikidata

Ranked by title — reporting lines aren't public data. Compensation is the total Yahoo reports; blank means it isn't disclosed there.

In the news

My notes