Top Stock Reports for SpaceX, Arista Networks & Boeing

Friday, August 7, 2026

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Space Exploration Technologies Corp. (SPCX), Arista Networks, Inc. (ANET) and The Boeing Co. (BA). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

Ahead of Wall Street

The daily 'Ahead of Wall Street' article is a must-read for all investors who would like to be ready for that day's trading action. The article comes out before the market opens, attempting to make sense of that morning's economic releases and how they will affect that day's market action. You can read this article for free on our home page and can actually sign up there to get an email notification as this article comes out each morning.

You can read today's AWS here >>> Jobs Numbers -23K for July, -103K in Previous Revisions

Today's Featured Research Reports

Shares of SpaceX have underperformed the Zacks Wireless National industry over the past month (-19.8% vs. -16%). The Zacks analyst maintains a Neutral view on the company. SpaceX reported relatively modest second-quarter 2026 results with the top and bottom line exceeding the respective Zacks Consensus Estimate. 

Reusable launch scale and Starlink’s expanding subscriber, enterprise and government base support a durable infrastructure advantage. Starship testing and V3 satellites could raise network capacity, while AI compute agreements and the pending Cursor acquisition broaden monetization. 

The offset is investment intensity and execution. SpaceX is committing substantial capital to compute, satellites and launch infrastructure even as GAAP losses remain. The assets are difficult to replicate, but the risk-reward remains balanced until newer platforms convert investment into more consistent returns.

(You can read the full research report on SpaceX here >>>)

Arista Networks’ shares have outperformed the Zacks Internet - Software industry over the year-to-date period (+48% vs. -5.6%). The company reported strong second-quarter 2026 results with both adjusted earnings and revenues beating the Zacks Consensus Estimate. It is well positioned as cloud, AI and enterprise customers upgrade high-speed Ethernet networks. 

Demand spans AI fabrics, core data centers, campus and routing, aided by a stronger supply chain and deeper software automation. New AI fabric platforms, including liquid-cooling options and scale-across capabilities, support next-generation AI clusters, while campus recognition shows traction beyond hyperscale cloud. 

However, Arista faces intense competition in cloud networking, AI Ethernet and high-speed switching markets. The company derives a substantial portion of revenue from a limited number of large customers. Any slowdown in AI infrastructure demand or delays in customer adoption could impact its growth.

(You can read the full research report on Arista Networks here >>>)

Shares of Boeing have gained +7.3% over the year-to-date period against the Zacks Aerospace - Defense industry’s gain of +7.4%. The company’s second-quarter loss was wider than expected. Boeing remains one of the largest U.S. commercial aircraft manufacturers. Steadily growing commercial air travel should boost Boeing’s service business unit. 

The outlook for Boeing’s defense and space business segment also remains optimistic. The government’s inclination toward strengthening the nation’s defense and space system should act as a growth catalyst for Boeing. 

However, execution risk, certification delays, labor shortage and a high debt load are concerns. Trade tensions between the United States and China may cause further delay or disruption of deliveries, hurting its operational performance. We have a Neutral rating on the shares.

(You can read the full research report on Boeing here >>>)

Other noteworthy reports we are featuring today include The Williams Companies, Inc. (WMB), Archer-Daniels-Midland Co. (ADM) and Citizens Financial Group, Inc. (CFG).

Mark Vickery
Senior Editor

Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>

Today's Must Read

SpaceX (SPCX) Rides on Launch Scale, Execution Risks Remain

Arista (ANET) Benefits from Solid AI Networking and Cloud Demand

Commercial Demand & Defense Strength Support Boeing (BA)

Featured Reports

Williams Companies (WMB) to Gain from Momentum Midstream Acquisition
The Zacks analyst believes that Williams Companies' Momentum acquisition will significantly expand its position with more than 4,000 miles of pipeline but high debt raises concern.

Organic Growth Supports Citizens Financial (CFG) Amid Rising Costs
Per the Zacks analyst, Citizens Financial's strong NII expansion and improving fee income reflect solid organic growth. However, rising expenses remain a key concern.

Retail Demand & Leasing Pipeline Aids Kimco (KIM), High Debt Hurts
Per the Zacks analyst, Kimco benefits from strong retailer demand, rising occupancy and a solid leasing pipeline. However, e-commerce risks, high debt and elevated interest expenses may limit upside.

Encompass Health (EHC) Strengthens Growth Through Expansion Efforts
Per the Zacks analyst, Encompass Health's expansion through de novo hospitals will drive patient volumes and profit levels. However, escalating expenses remain a concern for the company.

Bruker (BRKR) Benefits from Stronger Growth and Margin Expansion
The Zacks analyst is positive on Bruker, citing stronger organic growth, AI-driven demand, expanding margins and a clearer path to higher earnings through 2027.

Tenable (TENB) Strengthens Position Through AI Platform Expansion
Per the Zacks analyst, Tenable's AI platform adoption and margin gains support growth, while channel concentration and integration risks persist.

SoundHound (SOUN) Gains From OASYS Traction, Losses Persist
Per the Zacks analyst, rising enterprise AI adoption and OASYS traction will support SoundHound's growth. However, persistent losses & acquisition integration risks remain concerns.

New Upgrades

Product Rollouts & Growing Merchant Base Aid Shopify (SHOP)
Per the Zacks analyst, Shopify is benefiting from expanding merchant base driven by applications like Shop Minis, Shop Cash, and Sign in with Shop solutions.

Archer Daniels' (ADM) Productivity & Innovation Efforts Bode Well
Per the Zacks analyst, Archer Daniels' enterprise-wide savings program is on track to accomplish cost savings of $500-$750 million in the next few years. Its innovation efforts are also encouraging.

Deep Domain Expertise & Low Customer Concentration Aids Gartner (IT)
Per the Zacks analysts, Gartner's domain expertise is key to providing insights and decision support solutions for informed decision-making. Low customer concentration mitigates operating risk.

New Downgrades

Challenges in Immunoglobulin Market Weigh on ADMA Biologics (ADMA)
Per the Zacks analyst, challenging dynamics across the U.S. plasma-derived therapies and immunoglobulin market has adversely impacted ADMA Biologics' growth prospects.

Asphalt Customer Shift, High Interest Costs Weigh on Astec (ASTE)
The Zacks analyst is concerned that macro uncertainty is delaying deliveries for some asphalt customers and elevated interest expenses will continue to hurt Astec Industries' results.

Tyson Foods (TSN) Faces Pressure From Weak Beef Segment
Per the Zacks analyst, Tyson Foods' Beef segment continues to face headwinds from tight cattle supply, higher cattle costs and USDA margin compression, keeping profitability under pressure.

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research