SpaceX Stock vs. Micron Stock: Buy One and Sell the Other, According to Certain Wall Street Analysts

CFRA analysts issued a stark divergence call on SpaceX and Micron, setting a sell target of $115 on SpaceX—implying 12% downside—while slapping a $1,500 buy target on Micron for 76% upside potential.

SpaceX trades at 88 times sales despite its dominance in reusable rocket technology and Starlink's 12 million subscriber base. CFRA views the valuation as stretched and recommends taking profits.

Micron stands on the opposite end. The memory chipmaker is riding severe supply shortages that have pushed DRAM and NAND prices up 90-110% year-over-year. The company posted 345% revenue growth and a 1,215% earnings surge. CFRA expects Micron to deliver 115% annual sales growth through fiscal 2027, driven by sustained tight supply and AI-accelerated demand for high-bandwidth memory.

The pair trade reflects a classic valuation reset: rotate out of richly priced growth stories into fundamentally strong cyclicals with commodity tailwinds. Micron's explosive earnings trajectory contrasts sharply with SpaceX's premium multiple, even as both operate in high-growth sectors.