SpaceX Stock Soars, Tesla Deliveries Exceed Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Source: CNBC
- SpaceX Stock Surge: Following a nearly 20% gain on its first trading day, SpaceX's stock rose another 4.5% in premarket trading, driven by CEO Elon Musk's projection of $1 trillion in revenue by 2030, potentially pushing its market cap above Amazon's.
- Tesla Deliveries Exceed Expectations: Goldman Sachs reports that Tesla's second-quarter vehicle deliveries are tracking ahead of consensus, with speculation that Musk aims to merge Tesla and SpaceX to leverage synergies between the Optimus robot and Starlink internet service, enhancing competitive positioning.
- Dave & Buster's Sales Decline: Dave & Buster's comparable store sales fell 5.4% in the quarter ending May 5, significantly worse than the -1.2% consensus, resulting in a nearly 15% drop in premarket trading, prompting analysts to adopt a cautious outlook on its future performance.
- Yum Brands Sells Pizza Hut: Yum Brands has sold Pizza Hut to private equity firm LongRange Capital for $2.7 billion, a strategic move to exit the underperforming pizza business and focus on higher-growth brands like KFC and Taco Bell, reflecting a decisive shift in corporate strategy.
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Analyst Views on AMZN
Wall Street analysts forecast AMZN stock price to rise
44 Analyst Rating
41 Buy
3 Hold
0 Sell
Strong Buy
Current: 237.500
Low
175.00
Averages
280.01
High
325.00
Current: 237.500
Low
175.00
Averages
280.01
High
325.00
About AMZN
Amazon.com, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content it has purchased for resale and products offered by third-party sellers. The Company’s segments include North America, International and Amazon Web Services (AWS). It serves consumers through its online and physical stores and focuses on selection, price, and convenience. Customers access its offerings through its websites, mobile apps, Alexa, devices, streaming, and physically visiting its stores. It also manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, Ring, Blink, and eero, and develops and produces media content. It serves developers and enterprises of all sizes, including start-ups, government agencies, and academic institutions, through AWS, which offers a set of on-demand technology services, including compute, storage, database, analytics, and machine learning, and other services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Analyst Bullish on Meta and Amazon Investment Opportunities
- Meta Investment Opportunity: Analyst Mark Mahaney highlights that Meta's stock is currently at a three-year trough despite a 33.08% year-over-year revenue growth to $56.31 billion in Q1 2026, with EPS exceeding expectations, indicating a robust business foundation that could attract investors.
- Amazon AWS Growth: Amazon's AWS achieved a 28% growth in Q1 2026, reaching $37.59 billion, marking the fastest growth in 15 quarters with a 37.7% operating margin, suggesting strong performance in the AI sector that may draw more investment.
- Capital Expenditure Pressure: Mahaney notes that the anticipated $200 billion capital expenditure for both Meta and Amazon could compress near-term free cash flow, but if capital intensity peaks and revisions turn positive, it could provide new growth momentum for both companies.
- Market Reaction Potential: Should Meta adopt a strategy similar to SpaceX by renting out its computing capacity, it could quickly alter market perceptions of its stock, alleviating cash burn and potentially leading to a positive re-rating of its shares.
See More
Cerebras Systems Q1 2026 Earnings Preview
- Earnings Forecast: Cerebras Systems is set to report its Q1 2026 results on June 23, with the Zacks Consensus Estimate indicating a loss of $0.14 per share and revenues of $56.65 million, reflecting both challenges and opportunities amid rising AI infrastructure demand.
- Revenue Growth: The company reported revenues of $510 million in 2025, indicating a strengthening market position in AI computing hardware and cloud services, despite facing intense competition and macroeconomic uncertainties.
- Strategic Collaboration: The partnership with Amazon Web Services (AWS) to deliver ultra-fast AI inference solutions combines AWS Trainium servers with Cerebras CS-3 systems, aiming to optimize performance for generative AI and large language models, which could enhance revenue streams.
- Market Competition: Despite Cerebras Systems' unique technological advantages in the AI computing market, its 0.00% Earnings ESP and Zacks Rank of 3 (Hold) suggest a lower likelihood of exceeding earnings expectations in the near term, necessitating strategic adjustments in response to market dynamics.
See More
SpaceX Becomes World's Fifth Most Valuable Company Post-IPO
- Strong IPO Performance: SpaceX's market cap surged nearly 35% from its June 12 IPO to June 16, reaching $2.73 trillion and surpassing Amazon and TSMC, indicating robust market demand and investor confidence.
- Market Competition Analysis: Despite nearing a $3 trillion valuation, SpaceX still lags behind Nvidia ($5.05 trillion), Alphabet ($4.54 trillion), Apple ($4.38 trillion), and Microsoft ($2.92 trillion), highlighting significant challenges for future growth amid high valuations.
- Investor Sentiment Volatility: While SpaceX's IPO was impressive, analysts caution that historically, most large IPOs experience pullbacks in the months following their debut, urging investors to be cautious and avoid FOMO-driven decisions.
- Cautious Long-Term Outlook: Although SpaceX shows notable advancements in aerospace and AI, analysts recommend a dollar-cost averaging strategy to mitigate potential market volatility, emphasizing the importance of reassessing investment value after the current hype subsides.
See More
SpaceX Approaches $3 Trillion Market Cap, But Concerns Loom
- Weak Revenue Growth: SpaceX generated under $19 billion in revenue last year, with only a 15% increase in the first quarter, starkly contrasting its nearly $3 trillion market cap and raising doubts about its business model sustainability.
- Unrealistic Optimism: Elon Musk's prediction of reaching $1 trillion in revenue by 2030 seems highly unlikely given the technical hurdles and heavy capital expenditures involved, reflecting market concerns about the company's future.
- Strong Competitors: In contrast to SpaceX, Nvidia dominates the AI infrastructure sector, reporting $81.6 billion in revenue with an 85% growth in the first quarter, showcasing a mature and stable business model.
- Amazon's Market Leadership: Amazon generated $717 billion in revenue last year and is projected to reach $1 trillion by 2028, demonstrating its strong competitive position in e-commerce and cloud computing, far exceeding SpaceX's projections.
See More
Nvidia Outshines SpaceX in Financial Metrics
- Financial Performance Comparison: Nvidia's adjusted quarterly profits of $45.5 billion are nearly 2.5 times SpaceX's projected revenue for 2025, highlighting its strong profitability in the AI infrastructure sector and reinforcing its market leadership.
- Revenue Growth Potential: Nvidia achieved an impressive 85% revenue growth in the first quarter, reaching $81.6 billion, indicating sustained demand and market expansion capabilities in AI, which is expected to yield substantial returns for future investors.
- Business Model Differences: In contrast, SpaceX generated less than $19 billion in revenue last year and only grew 15% in the first quarter, with its ambitious $1 trillion revenue goal facing significant technical hurdles, reflecting the uncertainty and high risk of its business model.
- Market Competitive Landscape: While Elon Musk has set ambitious targets, analysts predict SpaceX will only reach $226 billion in revenue by 2030, whereas Amazon is projected to hit $1 trillion by 2028, indicating a more robust market outlook.
See More
Nano Nuclear Energy Stock Set to Benefit from Micro-Modular Reactor Commercialization
- Rapid Commercialization: Nano Nuclear Energy is making swift progress in commercializing its 15 MWe KRONOS micro-modular reactor, with analyst Craig Irwin noting significant advancements in diversifying operations across the uranium lifecycle, which could lead to substantial market opportunities.
- Upgraded Investment Rating: Roth Capital Partners initiated research coverage on Nano Nuclear with a buy rating and a $45 price target, implying a 60% upside from Thursday's close, reflecting strong market confidence in the company's growth potential.
- Surge in Global Electricity Demand: According to a report from the International Energy Agency, global electricity demand is projected to increase by 849 Terawatt-hours by 2025, with the growing need for AI applications enhancing Nano Nuclear's market outlook, particularly from potential orders from hyperscale data centers.
- Clear Competitive Advantage: Nano's KRONOS MMR design utilizes a high-temperature gas-cooled reactor and meltdown-resistant enriched uranium fuel, offering a differentiated power solution that analysts believe will provide Nano with a competitive edge, driving long-term stock price appreciation.
See More
Analyst Bullish on Meta and Amazon Investment Opportunities
- Meta Investment Opportunity: Analyst Mark Mahaney highlights that Meta's stock is currently at a three-year trough despite a 33.08% year-over-year revenue growth to $56.31 billion in Q1 2026, with EPS exceeding expectations, indicating a robust business foundation that could attract investors.
- Amazon AWS Growth: Amazon's AWS achieved a 28% growth in Q1 2026, reaching $37.59 billion, marking the fastest growth in 15 quarters with a 37.7% operating margin, suggesting strong performance in the AI sector that may draw more investment.
- Capital Expenditure Pressure: Mahaney notes that the anticipated $200 billion capital expenditure for both Meta and Amazon could compress near-term free cash flow, but if capital intensity peaks and revisions turn positive, it could provide new growth momentum for both companies.
- Market Reaction Potential: Should Meta adopt a strategy similar to SpaceX by renting out its computing capacity, it could quickly alter market perceptions of its stock, alleviating cash burn and potentially leading to a positive re-rating of its shares.
See More
Cerebras Systems Q1 2026 Earnings Preview
- Earnings Forecast: Cerebras Systems is set to report its Q1 2026 results on June 23, with the Zacks Consensus Estimate indicating a loss of $0.14 per share and revenues of $56.65 million, reflecting both challenges and opportunities amid rising AI infrastructure demand.
- Revenue Growth: The company reported revenues of $510 million in 2025, indicating a strengthening market position in AI computing hardware and cloud services, despite facing intense competition and macroeconomic uncertainties.
- Strategic Collaboration: The partnership with Amazon Web Services (AWS) to deliver ultra-fast AI inference solutions combines AWS Trainium servers with Cerebras CS-3 systems, aiming to optimize performance for generative AI and large language models, which could enhance revenue streams.
- Market Competition: Despite Cerebras Systems' unique technological advantages in the AI computing market, its 0.00% Earnings ESP and Zacks Rank of 3 (Hold) suggest a lower likelihood of exceeding earnings expectations in the near term, necessitating strategic adjustments in response to market dynamics.
See More
SpaceX Becomes World's Fifth Most Valuable Company Post-IPO
- Strong IPO Performance: SpaceX's market cap surged nearly 35% from its June 12 IPO to June 16, reaching $2.73 trillion and surpassing Amazon and TSMC, indicating robust market demand and investor confidence.
- Market Competition Analysis: Despite nearing a $3 trillion valuation, SpaceX still lags behind Nvidia ($5.05 trillion), Alphabet ($4.54 trillion), Apple ($4.38 trillion), and Microsoft ($2.92 trillion), highlighting significant challenges for future growth amid high valuations.
- Investor Sentiment Volatility: While SpaceX's IPO was impressive, analysts caution that historically, most large IPOs experience pullbacks in the months following their debut, urging investors to be cautious and avoid FOMO-driven decisions.
- Cautious Long-Term Outlook: Although SpaceX shows notable advancements in aerospace and AI, analysts recommend a dollar-cost averaging strategy to mitigate potential market volatility, emphasizing the importance of reassessing investment value after the current hype subsides.
See More
SpaceX Approaches $3 Trillion Market Cap, But Concerns Loom
- Weak Revenue Growth: SpaceX generated under $19 billion in revenue last year, with only a 15% increase in the first quarter, starkly contrasting its nearly $3 trillion market cap and raising doubts about its business model sustainability.
- Unrealistic Optimism: Elon Musk's prediction of reaching $1 trillion in revenue by 2030 seems highly unlikely given the technical hurdles and heavy capital expenditures involved, reflecting market concerns about the company's future.
- Strong Competitors: In contrast to SpaceX, Nvidia dominates the AI infrastructure sector, reporting $81.6 billion in revenue with an 85% growth in the first quarter, showcasing a mature and stable business model.
- Amazon's Market Leadership: Amazon generated $717 billion in revenue last year and is projected to reach $1 trillion by 2028, demonstrating its strong competitive position in e-commerce and cloud computing, far exceeding SpaceX's projections.
See More
Nvidia Outshines SpaceX in Financial Metrics
- Financial Performance Comparison: Nvidia's adjusted quarterly profits of $45.5 billion are nearly 2.5 times SpaceX's projected revenue for 2025, highlighting its strong profitability in the AI infrastructure sector and reinforcing its market leadership.
- Revenue Growth Potential: Nvidia achieved an impressive 85% revenue growth in the first quarter, reaching $81.6 billion, indicating sustained demand and market expansion capabilities in AI, which is expected to yield substantial returns for future investors.
- Business Model Differences: In contrast, SpaceX generated less than $19 billion in revenue last year and only grew 15% in the first quarter, with its ambitious $1 trillion revenue goal facing significant technical hurdles, reflecting the uncertainty and high risk of its business model.
- Market Competitive Landscape: While Elon Musk has set ambitious targets, analysts predict SpaceX will only reach $226 billion in revenue by 2030, whereas Amazon is projected to hit $1 trillion by 2028, indicating a more robust market outlook.
See More
Nano Nuclear Energy Stock Set to Benefit from Micro-Modular Reactor Commercialization
- Rapid Commercialization: Nano Nuclear Energy is making swift progress in commercializing its 15 MWe KRONOS micro-modular reactor, with analyst Craig Irwin noting significant advancements in diversifying operations across the uranium lifecycle, which could lead to substantial market opportunities.
- Upgraded Investment Rating: Roth Capital Partners initiated research coverage on Nano Nuclear with a buy rating and a $45 price target, implying a 60% upside from Thursday's close, reflecting strong market confidence in the company's growth potential.
- Surge in Global Electricity Demand: According to a report from the International Energy Agency, global electricity demand is projected to increase by 849 Terawatt-hours by 2025, with the growing need for AI applications enhancing Nano Nuclear's market outlook, particularly from potential orders from hyperscale data centers.
- Clear Competitive Advantage: Nano's KRONOS MMR design utilizes a high-temperature gas-cooled reactor and meltdown-resistant enriched uranium fuel, offering a differentiated power solution that analysts believe will provide Nano with a competitive edge, driving long-term stock price appreciation.
See More
