Since SpaceX's record IPO last month, investors have lacked sufficient analyst
financial forecasts to value the stock. That will change from next Tuesday, when
the quiet period for analysts at the IPO's lead underwriters — Goldman Sachs,
Morgan Stanley, BofA, Citigroup and JP Morgan, plus 18 other banks — expires. A
wave of research reports, price targets and growth forecasts is expected to hit
the market and should affect near‑term and multi‑year pricing. B. Riley Wealth
chief market strategist Art Hogan said market discussion has focused on what the
company might become by 2030 rather than its next 12 months, but investors still
need to monitor the next four years.
