{
  "id": 10674621,
  "title": "BofA reiterates Buy on SpaceX stock after Starship orbital test",
  "url": "https://urgent.news/2026/09/29/bofa-reiterates-buy-on-spacex-stock-after-starship-orbital-test",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T11:02:46.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/bofa-reiterates-buy-on-spacex-stock-after-starship-orbital-test-93CH-4922205"
  },
  "original_language": "en",
  "account": "BofA Securities maintains a positive outlook on SpaceX (NASDAQ:SPCX), reaffirming its Buy rating with a $235.00 price target after the company's Starship Flight 14 test. The target price indicates substantial upside potential from the current $145.47 stock price, though InvestingPro data indicates the stock may be overvalued relative to its Fair Value, placing it among the Most Overvalued companies. The Starship vehicle successfully completed its first orbital flight of the upper stage during the launch, deploying 26 Starlink v3 satellites using its Pez dispenser interface and executing a controlled splashdown in the Pacific Ocean. Although the mission was cut short due to an unplanned engine shutdown and engine relighting issues similar to those seen in previous flights, Starship demonstrated the capability to reach orbit and deploy operational payloads, including both upper and lower stages in controlled fashions. Despite the company's unprofitability in the last twelve months, analysts project profitability for SpaceX this year, one of several InvestingPro Tips available for deeper analysis. SpaceX has also been the subject of recent analyst reports highlighting its financial and operational achievements, with UBS maintaining a Buy rating and projecting third-quarter revenues of $13.8 billion, as well as TD Cowen initiating coverage with a Buy rating and a $200.00 price target.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}