HUGE! - Morgan Stanley New Note Out
Overall Thesis
SpaceX is significantly undervalued based on Morgan Stanley's analysis and long-term Starship projections, with the stock warranting a price target of $225-$300, while Nvidia also receives positive analyst upgrades following strong earnings.
Narratives
Randy notes Tesla is trading around $355 and moving upward, suggesting it could reclaim the $360 level again. He frames this as a modest near-term move rather than a major catalyst-driven target.
Key Arguments
- Tesla is currently trading around $355 and moving upward
- Stock could get back up to $360 again
Predictions (1)
Randy relays a Stifel analyst's bullish note on Nvidia, citing strong Q2 earnings, an expanded AWS partnership, and Vera Rubin ramping into full production as reasons for optimism. He also floats a personal opinion that Nvidia should lead a PR and worker-retraining campaign, but does not offer his own independent price target for the stock.
Key Arguments
- Stifel analyst reiterated a buy rating and raised his price target based on Q2 earnings beat
- Vera Rubin expected to be ~20% of data center revenue in Q3
- Expanded partnership with AWS seen as key positive disclosure
- Nvidia seen as primary beneficiary of shift from general-purpose to accelerated compute
Hedges & Caveats
- Morgan Stanley's 2040 forecast is speculative and dependent on achieving ambitious launch cadence targets
- SpaceX valuation multiples (10x 2028 sales) are based on projected growth rates that may not materialize
- Political headwinds against data centers could impact demand for SpaceX launch services
- Analyst track records (like Stifle's Roy) do not guarantee future performance
- Video contains sponsored content from Rebellionaire investment advisor