Phillip Securities ****** yst Glenn Thum recently set a target price of $75 per share for ****** e Exploration Technologies (NASDAQ: SPCX). As of the time of this writing, that would amount to a 45% decline in the stock price. Moreover, Thum has a five-star rating on TipRanks and an 87% success rate, which has won him considerable credibility.
Admittedly, only two out of 35 ****** ysts rate ****** eX as a sell, and certainly, such forecasts do not always come to pass. Nonetheless, it highlights some risks with owning ****** eX stock.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Here's why investors would probably serve themselves well by heeding this warning.
Thum pointed out a few reasons for his negative outlook on this company. He noted its capital expenditures (capex), which now amount to approximately 2.4 times ****** eX's revenue in the second quarter of 2026. Additionally, Thum expressed some discomfort with 19.5% of Q2 group revenues coming from a single AI customer, widely believed to be Anthropic.
#thum #Stock
Admittedly, only two out of 35 ****** ysts rate ****** eX as a sell, and certainly, such forecasts do not always come to pass. Nonetheless, it highlights some risks with owning ****** eX stock.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Here's why investors would probably serve themselves well by heeding this warning.
Thum pointed out a few reasons for his negative outlook on this company. He noted its capital expenditures (capex), which now amount to approximately 2.4 times ****** eX's revenue in the second quarter of 2026. Additionally, Thum expressed some discomfort with 19.5% of Q2 group revenues coming from a single AI customer, widely believed to be Anthropic.
#thum #Stock
2 months ago
