Basically, yes... sort of. It's what has become known as a 'bridge' camera. It's really a somewhat sophisticated point and shoot camera with a big zoom lens built in. The P900 is the biggest zoom out there currently at 83X. I believe it starts at 22mm or 24mm wide angle and goes out to 2000mm telephoto (I'm 100% sure on the 2000mm). It's as big, maybe even bigger than a good DSLR camera and with the big zoom, it's heavy. But boy is it versatile!
This is a shot of the moon I did a week before the eclipse just practicing. This is right out of the camera, just cropped a tiny bit top & bottom so it fits my lap top screen.