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2026-10-14 19:39 • The Motley Fool Positive Axe Cap view: Selective

SpaceX, which went public in June 2026, shows mixed investment potential by end of 2027. Analysts are generally bullish with a median price target of $217 (implying 33% upside from $163.42), but the lowest target is just $75. The company demonstrated 92% revenue growth to $7.8 billion in Q2 2026 but remains unprofitable with heavy capital expenditures of $18.4 billion. Success depends on execution of AI data center satellites and other growth initiatives.

Axe note: SpaceX’s rapid revenue growth and AI ambitions support upside, but heavy losses and execution risks temper enthusiasm.

2026-10-14 19:32 • The Motley Fool Negative Axe Cap view: Selective

Arm Holdings stock fell 6.7% following a hotter-than-expected September CPI report (3.7% vs. 3.6% expected), which increased expectations of a Fed interest rate hike. As a growth stock with valuations heavily dependent on future earnings, Arm is particularly sensitive to interest rate changes. Higher rates reduce the present value of future cash flows, pressuring the stock price.

Axe note: Rising US inflation expectations are rattling growth stocks like Arm, with clear knock-on effects for South African tech-linked assets.

2026-10-14 19:30 • The Motley Fool Positive Axe Cap view: Selective

With over 25% of S&P 500 stocks down 40% or more from their highs, the article identifies four undervalued tech stocks as bargain opportunities: Netflix benefits from recession-resistant streaming and advertising growth; Oracle offers leveraged exposure to cloud computing with a massive backlog; ServiceNow is well-positioned for agentic AI orchestration; and AppLovin trades at a cheap valuation with strong revenue and earnings growth.

Axe note: Several beaten-up US tech stocks look cheap today, but only a few have clear takeaways for South African investors.