Space Exploration Technologies (SPCX) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.35
- Estimate
- $0.16
- Surprise
- +112.5%
- Revenue (period 2026-09-30)
- $14.57B
- Score at report (before → after)
- 6.7 → 6.7/10
Revenue source: xbrl.
How the report landed
Space Exploration Technologies (SPCX) beat the $0.16 estimate with adjusted EPS of $0.35 — a large 112.5% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.7/10) to Hold at 6.7/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates SPCX Buy (Wait) at 6.8/10.
2 of the last 2 quarters beat the estimate; this quarter's +112.5% surprise compares with a +90.7% four-quarter average. Next scheduled report: 2027-02-09.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.5 in RISK_OFF)
- High-quality business
What argues against it
- Sector modifier (Industrials): -0.7
- Negative momentum
- Momentum score 3.0/10 — below 4.5 minimum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $145.23
- Entry target
- $137.93
- Price target
- $236.55
- Stop
- $128.27
- Upside to target
- +62.9%
- Reward-to-risk
- 5.8:1
The stock trades at 631.4× trailing but 61.9× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
SPCX at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Aerospace & Defense
- Market cap
- $1972.38B
- P/E (fwd)
- 61.9
- P/E (ttm)
- 631.4
- 52-week range
- $104.83–$225.64
- Off 52-week high
- 35.6%
- RSI (14)
- 36
- Volume vs avg
- 0.95×
- Score today
- 6.8/10