$SpaceX(SPCX)$ Here's a quick rundown of the coverage situation.
Morgan Stanley — Adam Jonas and the team are projecting massive long-term expansion tied to Starlink and artificial intelligence infrastructure.
Goldman Sachs — they led the IPO underwriting and came out with high-end projections, anticipating rapid multi-year gains in commercial and AI-driven segments.
Evercore ISI — Kutgun Maral initiated coverage with an Outperform rating, focusing on aggressive revenue scale through 2028.
Oppenheimer — raised near-term AI and software platform revenue estimates, including contributions from Cursor.
Additional coverage from Deutsche Bank (Edison Yu), Bernstein (Douglas Harned), New Street Research (Pierre Ferragu), and KGI.
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