SPCX Earnings Expectations:
Views of Major Financial Institutions on the Artificial Intelligence (AI) Business ⓘ
* Beat expectations: 100%
* Missed expectations: 0%
1. AI Revenue and Margin Expectations Raised Significantly
* Goldman Sachs: Expects significant revenue growth in the AI business over the next three years; ground-based computing capacity could reach approximately 2.4 gigawatts (GW) by the end of this year.
* Evercore ISI: Expressed strong confidence after third-quarter revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA) exceeded expectations, and raised its price target.
* Citi: Adjusted EBITDA in the AI business exceeded expectations by nearly $1.5 billion; the timeline for achieving its revenue target has been brought forward to 2030.
2. “Starship” Technical Milestones Exceed Expectations
* Morgan Stanley: The successful deployment of V3 Starlink satellites during an orbital flight was a major achievement and a key catalyst.
* Citi: Starship’s successful 14th flight further strengthened launch capabilities and marked a turning point on the path to commercial operations.
* Pivotal Research: Highlighted growth potential from the expansion of Starlink’s mobile business and spectrum acquisition.
3. Growth Trends Across Core Business Segments Confirmed
* Deutsche Bank: Achieving the $100 billion annual recurring revenue (ARR) target by the end of this year is entirely feasible.
* Bernstein: The connectivity business lays the foundation for profitability, while the AI computing business is driving resilient revenue growth.
* BofA Securities: Maintained an optimistic outlook, highlighting the company’s differentiated strengths across its three key business segments: space, connectivity, and AI.
—————————————————————————We buy SPCX, GOOG, and NVDA on dips
$SPCX.US
$GOOG.US
$NVDA.US
Views of Major Financial Institutions on the Artificial Intelligence (AI) Business ⓘ
* Beat expectations: 100%
* Missed expectations: 0%
1. AI Revenue and Margin Expectations Raised Significantly
* Goldman Sachs: Expects significant revenue growth in the AI business over the next three years; ground-based computing capacity could reach approximately 2.4 gigawatts (GW) by the end of this year.
* Evercore ISI: Expressed strong confidence after third-quarter revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA) exceeded expectations, and raised its price target.
* Citi: Adjusted EBITDA in the AI business exceeded expectations by nearly $1.5 billion; the timeline for achieving its revenue target has been brought forward to 2030.
2. “Starship” Technical Milestones Exceed Expectations
* Morgan Stanley: The successful deployment of V3 Starlink satellites during an orbital flight was a major achievement and a key catalyst.
* Citi: Starship’s successful 14th flight further strengthened launch capabilities and marked a turning point on the path to commercial operations.
* Pivotal Research: Highlighted growth potential from the expansion of Starlink’s mobile business and spectrum acquisition.
3. Growth Trends Across Core Business Segments Confirmed
* Deutsche Bank: Achieving the $100 billion annual recurring revenue (ARR) target by the end of this year is entirely feasible.
* Bernstein: The connectivity business lays the foundation for profitability, while the AI computing business is driving resilient revenue growth.
* BofA Securities: Maintained an optimistic outlook, highlighting the company’s differentiated strengths across its three key business segments: space, connectivity, and AI.
—————————————————————————We buy SPCX, GOOG, and NVDA on dips
$SPCX.US
$GOOG.US
$NVDA.US