Eleven Wall Street analysts predict that Strategy's stock price target may exceed $440 this year.
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Wall Street has given SpaceX an "initially bullish" rating, with Morgan Stanley predicting the stock price could rise by as much as 87%.
According to a report by ChainCatcher on July 7th, SpaceX has gained initial support from Wall Street, with global brokerages beginning to rate the rocket and AI company led by Elon Musk and reaching a clear consensus: buy the stock. At least six brokerages, including Morgan Stanley, Goldman Sachs, and UBS, have begun rating the stock with a buy rating, endorsing SpaceX's long-term growth narrative, despite lingering questions surrounding the company's profitability, execution, and valuation. Morgan Stanley has set a target price of $300, one of the highest on Wall Street, implying an 87% upside from Monday's closing price of $160.42. Morgan Stanley projects SpaceX's share price to be $75 in a bear market scenario and $600 in a bull market scenario, with revenue potentially reaching $319 billion by 2030 and $3.3 trillion by 2040.
SPCX fell more than 5% intraday, despite several Wall Street firms giving it a "buy" rating and high target price today.
According to BlockBeats, on July 7th, based on BIT (bit.com) market data, SPCX fell over 5% after the US stock market opened, currently trading at $152.3. Earlier today, major Wall Street investment banks released their assessments of SpaceX (SPCX). Raymond James gave a target price as high as $800, almost viewing the company as a combination of next-generation space infrastructure, communication networks, and orbital computing platforms; while most mainstream banks were more cautious, with target prices mainly concentrated in the $200 to $300 range, including Morgan Stanley's $300, Deutsche Bank's $255, JPMorgan and RBC's $225, Goldman Sachs' $205, and Citi's $200.
SpaceX IPO quiet period ends, Wall Street institutions scramble to upgrade ratings
According to Odaily Odaily, with the end of the 25-day quiet period following SpaceX's (SPCX) June IPO, Wall Street analysts have begun releasing formal research reports, with several major brokerages giving it a positive rating, indicating that institutional investors remain optimistic about the company's long-term growth potential. As underwriters for the IPO, Goldman Sachs and Morgan Stanley both gave SpaceX a buy-equivalent rating. Goldman Sachs analyst Eric Sheridan set a target price of $205, while Morgan Stanley analyst Adam Jonas gave a target price of $300. In addition, Bank of America, Citigroup, Deutsche Bank, JPMorgan Chase, UBS, and other institutions also initiated coverage, giving buy or equivalent ratings. Raymond James Financial gave the most optimistic forecast, with analyst Brian Gesuale initiating coverage of SpaceX with a "Strong Buy" rating and a target price as high as $800, believing that SpaceX will become "one of the most representative industrial infrastructure companies of the 21st century." Analysts believe that the market's optimism about SpaceX is mainly based on its strategic layout in areas such as rocket launches, Starlink satellite internet, and government contracts. At the same time, the company's communications business can provide a continuous source of revenue and support future expansion of launch scale. As of March 31, 2026, SpaceX held 18,712 bitcoins. Wall Street believes that the concentrated coverage following the IPO quiet period provided a window for institutional investors to systematically assess SpaceX's valuation for the first time, and the fact that almost all major institutions simultaneously gave positive ratings is rare for large IPOs. (CoinDesk)
Analysts are concerned that the memory chip sector may repeat Nvidia's pattern of "new highs in fundamentals, sideways stock price."
According to an article published on the X platform by Odaily researcher Jukan, market expectations for the memory chip sector are currently at a high level. Regardless of whether earnings reports exceed expectations, stock prices may face pressure. If earnings exceed expectations, the market may worry that the industry cycle has peaked; if earnings fall short of expectations, it may be interpreted as the end of the memory chip boom cycle. Jukan also expressed concern that the memory chip sector might repeat Nvidia's previous pattern of "continuously record-breaking fundamentals, but a prolonged period of sideways stock price," meaning that while corporate profits continue to break records, the stock price performance is relatively lackluster because market expectations have already been fully priced in.
US pre-market news highlights: EDA giants focus on AI chip design; SpaceX officially included in the Nasdaq 100 index; Analysts say AI computing power demand is far from peaking.
Mars Finance reports the following key financial news from the US stock market that investors should pay attention to: 1. US stock index futures showed mixed results. Dow Jones futures rose 0.29%, S&P 500 futures fell 0.15%, and Nasdaq 100 futures fell 0.94%. 2. International oil prices rose slightly. WTI crude oil futures rose 0.61% to $68.967 per barrel; Brent crude oil futures rose 0.74% to $72.526 per barrel. 3. International gold and silver spot prices fluctuated narrowly. Spot gold rose 0.03% to $4166.01 per ounce; spot silver fell 0.64% to $61.62 per ounce. 4. European stock indices all fell. The UK FTSE 100 rose 0.47%, the French CAC 40 rose 0.20%, and the German DAX 30 fell 0.63%. 5. EDA giant Synopsys informed more than 10 chip manufacturers, including Samsung Electronics and SK Hynix, in April and May that it would "suspend" some of its wafer fab manufacturing analysis software, shifting resources to the more profitable AI chip design business. 6. SpaceX, owned by Elon Musk, was officially included in the Nasdaq 100 index today, becoming the first company in the index with a space business at its core. JPMorgan Chase estimates its weight in the index at approximately 1.3%. Wall Street generally gave it an "initial bullish" rating, with a target price as high as $800. 7. Google invested over €400 million in Proxima Fusion, a European nuclear fusion "unicorn" company, with the aim of building a commercial fusion power plant by the 2030s. 8. Anthropic announced a 20-year AI data center lease agreement with AI data center operator TeraWulf. The project has a capacity of approximately 401 megawatts and is expected to be operational in the second half of 2027, reaching full capacity in early 2028. 9. A recent report from semiconductor research firm SemiAnalysis indicates that AI computing power demand is far from peaking. The firm predicts that Meta computing power procurement will accelerate, and capital expenditure may increase significantly next year. 10. Walmart and its Sam's Club announced price reductions on thousands of popular summer items and everyday essentials across the United States. 11. Microsoft raised its Microsoft 365 Enterprise subscription fee earlier this month, with increases ranging from 8% to 33%. Personal and Education versions are currently unaffected. (Cailian Press)
Multiple Wall Street firms are collectively advocating for "buying on dips" in the semiconductor sector: the long-term logic of AI remains unchanged, but investment is entering an era of selective buying.
According to Mars Finance, on July 7th, amidst the recent continuous correction in the semiconductor sector, several Wall Street institutions have voiced their opinions, generally believing that the current adjustment presents an opportunity for investors to "buy on dips." However, unlike past recommendations to allocate across the entire semiconductor sector, institutions generally believe that AI investment has entered a phase of selective stock picking. Goldman Sachs stated that AI chip trading has entered a more selective phase, and does not recommend continuing to "buy a basket" of semiconductor stocks. They remain optimistic about specific sub-sectors such as CPUs, ASICs, memory, and semiconductor equipment, specifically highlighting AMD and Applied Materials. JPMorgan Chase believes that the recent correction in semiconductor stocks presents a good entry window, as AI chip demand remains in a long-term upward cycle, with new capacity not expected to be significantly released until around 2028, and the industry's supply and demand structure remains healthy. Bank of America maintains its optimistic outlook on the long-term boom cycle of AI semiconductors, believing the industry is still in the middle of an 8- to 10-year growth cycle, and the global semiconductor market size is expected to continue to expand. They recommend focusing on industry leaders such as Nvidia, Broadcom, Lam Research, and KLA. UBS stated that the long-term investment logic for AI remains unchanged, and the short-term fluctuations in the semiconductor sector actually provide long-term investors with opportunities to gradually build positions. They recommend taking advantage of market corrections to buy on dips. Morgan Stanley believes that the long-term prospects for AI chips remain positive, but with the sector's significant rise, the market will focus more on earnings realization capabilities. Funds may gradually rotate from some chip stocks to AI infrastructure beneficiaries such as cloud computing, and investors should pay more attention to individual stock selection. Overall, several Wall Street institutions, including Goldman Sachs, JPMorgan Chase, Bank of America, and UBS, have recently released similar signals: the semiconductor correction is not the end of the AI rally, but rather provides a new window for investment. However, the market has moved from a phase of "broad-based sector gains" to one of "selecting leading companies," and future performance will depend more on companies' earnings realization capabilities and the sustainability of demand for AI infrastructure.