Projected Income Statement: SpaceX (Space Exploration Technologies)

Forecast Balance Sheet: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028
Net Debt 1 - -44,398 19,094 72,311
Change - - 143.01% 278.71%
Announcement Date 30/03/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2026 2027 2028
CAPEX 1 47,877 90,582 121,554
Change - 89.2% 34.19%
Free Cash Flow (FCF) 1 -28,823 -66,545 -56,996
Change - -130.87% 14.35%
Announcement Date - - -
1USD in Million
Estimates

Forecast Financial Ratios: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028

Profitability

    
EBITDA Margin (%) - 43.48% 52.68% 63.99%
EBIT Margin (%) - 4.34% 16.47% 33.57%
EBT Margin (%) - -3.54% 16.52% 33.21%
Net margin (%) - -4.12% 11.71% 33.25%
FCF margin (%) - -73.63% -91.99% -40.25%
FCF / Net Income (%) - 1,787.24% -785.4% -121.05%

Profitability

    
ROA - -0.08% 3.56% 9.6%
ROE - 0.13% 7.82% 24.87%

Financial Health

    
Leverage (Debt/EBITDA) - - 0.5x 0.8x
Debt / Free cash flow - - -0.29x -1.27x

Capital Intensity

    
CAPEX / Current Assets (%) - 122.3% 125.22% 85.85%
CAPEX / EBITDA (%) - 281.26% 237.69% 134.15%
CAPEX / FCF (%) - -166.1% -136.12% -213.27%

Items per share

    
Cash flow per share 1 - 1.575 3.881 6.824
Change - - 146.49% 75.83%
Dividend per Share 1 - - - -
Change - - - -
Book Value Per Share 1 - 10.52 10.87 14.71
Change - - 3.29% 35.29%
EPS 1 -8.44 -0.6568 0.6481 3.772
Change - 92.22% 198.68% 481.92%
Nbr of stocks (in thousands) - 13,174,187 13,174,187 13,174,187
Announcement Date 30/03/26 - - -
1USD
Estimates
2026 *2027 *
P/E -200x 202x
PBR 12.5x 12.1x
EV / Sales 43x 24.1x
Yield - -

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
-
Investor
-
Global
-
Quality
-
ESG MSCI
CCC
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
33
Last Close Price
131.11USD
Average target price
237.32USD
Spread / Average Target
+81.01%

Quarterly revenue - Rate of surprise

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