据两位分析师称，随着其人工智能基础设施计划逐渐成形，Space Exploration Technologies（SpaceX）股价有望上涨。评级为“跑赢大盘”的Bernstein将目标价从248美元上调至268美元。新目标价比周五收盘价高出约82%。Deutsche Bank同样维持“买入”评级，将目标价从230美元上调至250美元，暗示近70%的上涨空间。
Space Exploration Technologies is likely to rally as its artificial intelligence infrastructure plans take shape, according to a pair of analysts. Bernstein, which has an outperforming rating on the aerospace stock, raised its price target to $268 from $248. The new target is about 82% above Friday's close. Deutsche Bank also has a buy rating on the stock and raised its price target to $250 from $230, implying nearly 70% upside.
Bernstein分析师Douglas Harned周一在致客户的报告中表示：“我们上调SpaceX前景评级，主要基于其地面AI建设计划。我们认为，实现数万亿美元估值的关键在于轨道数据中心的成功。但公司的地面AI前景为整体营收路径增加了实质性增量。”
"We raise our SpaceX outlook primarily on terrestrial AI build plans," Bernstein analyst Douglas Harned said Monday in a note to clients. "We believe the case for a multi-trillion dollar valuation rests on success of orbital data centers. But, the company's outlook for terrestrial AI is a material add to the overall revenue path."
Deutsche Bank的Edison Yu补充称，SpaceX算力可能为股价带来的价值或许“被低估了”。Yu写道：“我们感觉未来几个季度的预估可能仍然偏低，放眼更远，SpaceX利用算力优势转化为更好的推理/智能能力，这一优势持续被低估。”
Deutsche's Edison Yu added that the value SpaceX's processing power could add to shares may be "underappreciated." "Our sense is [that] estimates for the next few quarters may still be too low and looking out further, SpaceX's ability to leverage a compute advantage into better inference/intelligence continues to be underappreciated," Yu wrote.
据Yu称，SpaceX目标是在明年底前实现约10吉瓦的增量算力上线。该分析师表示，其算力定价约为每吉瓦350亿美元，而行业标准为每吉瓦500亿美元。据Deutsche Bank称，这将使SpaceX相较同行拥有成本优势，从而推升其股价价值。
SPCX 3M mountain SPCX 3-month chart SpaceX is aiming to generate roughly 10 gigawatts of compute incremental computing capacity online by the end of next year, per Yu. Its compute could be priced at roughly $35 billion per gigawatt versus the industry standard of $50 billion per gigawatt, the analyst said. That would give SpaceX a cost advantage over peers, which could drive value to its shares, according to Deutsche Bank.
Bernstein和Deutsche Bank的观点与华尔街共识一致。LSEG数据显示，在覆盖SpaceX的43位分析师中，33位给予“买入”或“强烈买入”评级。过去一个月，该股价格大体持平。
Bernstein's and Deutsche Bank's calls fall in line with consensus on Wall Street. Of the 43 analysts covering SpaceX, 33 have a buy or strong buy rating on the stock, LSEG data shows. Shares are roughly flat over the past month.