Stock analysis · Bull Rankings model

SPCX analysis

Space Exploration Technologies Corp.Aerospace & Defense. Scored on the same transparent model behind the daily rankings.

Space
SPCX
Space Exploration Technologies Corp. · Aerospace & Defense
FCF-$32.5bF
Rev+33.2%A
D/E0.31A-
P/S83.6xD
PEG
29.3Score
$146.15$1.9T
1Y Target$235.69Analyst consensus · 16 analysts
5Y Target$412.22Compound horizon
10Y Target$736.71Long-dated conviction
FCF-$32.5bTTM · 06/26
F
FCF is negative (-$32.5b) — cash-burning phase; acceptable only for pre-profit spec names · TTM computed from 4 most-recent quarters (TTM · 06/26).
Rev+33.2%FY YoY
A
Revenue +33.2% — hypergrowth, top decile · Computed from last two annual revenue figures (FY YoY).
D/E0.31
A-
D/E 0.31 — less debt than most Industrials peers (≈25th pctile)
P/S83.6x
D
P/S 83.6x — most expensive decile in Industrials (≈95th pctile)
PEG
PEG not meaningful — earnings growth negative or data unavailable

Forward price target — the 1-year figure is the analyst consensus where the stock is covered; the 5- and 10-year figures compound our earnings estimate from there. The DCF below is a separate cross-check on intrinsic value (what it's worth today), not another target.

Quality-growth score · 29.3
Quality30.4
Growth100.0
Value8.2
Why this score
  • Short track record
Entry · Margin of safety
52-week rangeMid-range
35% off the 12-month high

Model-generatedGenerated by the Bull Rankings model from this company's reported fundamentals, and checked against the figures shown above.

Why now
Aerospace & Defense · market cap $1.9T. Down 35% from 52-week high of $225.64 — deep drawdown territory. Revenue growing +33% — in hypergrowth territory. 16 sell-side analysts rate this a Buy with a mean 1-yr target of $235.69 (implying +61% upside).
Moat
$1.9T market cap places it among the largest companies in the sector — distribution, R&D, and customer-acquisition costs amortize across a base peers can't replicate.
Risk
Free cash flow is negative (-$32.5b) — capital raises or debt issuance likely required; dilution / leverage risk. Currently unprofitable (margin -35.7%) — path to GAAP profitability is the core thesis risk. Down 35% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up.
Horizon
1-3 yr $235.69 (16-analyst consensus) — catalyst-driven; binary events dominate. 5 yr $412.22 — requires the platform / technology to reach commercial scale. 10 yr $736.71 — return distribution heavily skewed.
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.

SPCX vs the Top Picks average

PillarSPCXBook avgDiff
Quality0.300.84-0.54
Growth1.000.92+0.08
Value0.080.75-0.67

Averaged across the 30 names in today's Top Picks (mean score 82.9). A name can beat these averages and still be absent from the book — it also applies concentration limits.

Trend
-22.2 over 40 daily scores
From 51.5 (Jun 22) → 29.3 (now)

One point per daily model run. The range autoscales, so a flat-looking line can still hide 1–2 point moves — read the From → To values for the actual range.

Shares to buy
13
Position size
$1,900
3.8% of portfolio
Stop price
$109.61
25% below $146.15
$ at risk if stopped
$474.99
budget $500.00 · 1% of portfolio

Math only — share count is floor(portfolio × risk% ÷ (price × stop%)). Doesn't account for commissions, slippage, gap risk, or position-correlation across your book. Inputs persist locally; never sent to the server. Not investment advice.

Space Exploration Technologies Corp. (SPCX): score, valuation & FAQ

Space Exploration Technologies Corp. (SPCX) is a Aerospace & Defense company that scores 29.3 out of 100 on the Bull Rankings quality-growth model — a weak reading. The score blends three pillars — quality (durable returns, healthy margins, low leverage), growth (revenue and earnings), and value (valuation versus sector peers) — into one number, refreshed daily; it is a screen, not a buy recommendation.

Its strongest graded signals are Rev (A) and D/E (A-), while P/S (D) and FCF (F) rate weaker.

Is SPCX a good stock to buy?

Bull Rankings scores SPCX 29.3 out of 100 on its quality-growth model, which is a weak reading. That is driven by Rev (A) and D/E (A-). A score is a quantitative screen of Space Exploration Technologies Corp.'s fundamentals, not personalised financial advice — weigh it against your own time horizon and risk tolerance, and read the risk factors below before acting.

Why does SPCX score 29.3 on Bull Rankings?

The quality-growth score blends three pillars — quality (returns on capital, margins, leverage, earnings quality), growth (revenue and earnings expansion), and value (valuation versus sector peers). SPCX earns its highest marks on Rev (A) and D/E (A-), and is held back by P/S (D) and FCF (F). Each pillar is graded against sector-aware thresholds, then combined into the single 0–100 score.

Is SPCX overvalued or undervalued?

We don't compute a reliable discounted-cash-flow value for SPCX — typically because it is not yet consistently profitable or free-cash-flow positive — so its valuation rests on growth and price-to-sales rather than on earnings-based intrinsic value. Judge it on the trajectory of the business, not a single multiple.

What are the main risks of investing in SPCX?

Free cash flow is negative (-$32.5b) — capital raises or debt issuance likely required; dilution / leverage risk. Currently unprofitable (margin -35.7%) — path to GAAP profitability is the core thesis risk. Down 35% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up.

New to these metrics? The guides explain free cash flow, how the score works, and more in the learn hub — or run another name through the screener.

Bull Rankings is an automated fundamentals screen for research and education. It is not investment advice, and nothing here is a recommendation to buy or sell any security. Do your own research and consider consulting a licensed financial adviser.

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