LemonTrades
TL;DR
- 39 analysts rate SpaceX a Buy on average, with an average target of about $257. The range is unusually wide, from $70 to $800.
- They expect revenue of about $49 billion this year and about $180 billion in 2027, a huge jump that rests on AI computing deals.
- Our end-of-2027 scenarios: about $66 a share if that revenue falls well short, $119 in the middle, and $199 if the forecast is met.
- LemonTrades tells you what moved SpaceX, and why, as it happens, and warns you before its earnings.
Price targets look about 12 months ahead. Here’s what they say about SpaceX, and what today’s price needs by the end of 2027.
What Wall Street says
| Firm | Target | Note |
|---|---|---|
| JPMorgan | $500 | Raised from $240 |
| Morgan Stanley | $300 | Sees $9.45 of earnings a share in 2028 |
| Barclays | $300 | Raised from $254 |
| Wells Fargo | $274 | Raised from $214 |
| Citi | $240 | Raised from $200 |
| Bank of America | $235 | Unchanged |
| UBS | $230 | Raised from $210 |
These came after the October 20 results, when the stock traded much higher. The StockAnalysis average of about $257 and median of about $248 include the extremes at $70 and $800.
What the forecasts assume
Revenue nearly doubled from $7.8 billion in the second quarter to $14.6 billion in the third. Analysts expect about $180 billion in 2027, nearly four times this year. Most of that increase would have to come from AI computing, which depends on new data centers opening on time and on customers signing up.
Dates that could move the stock
- December 2026: the first shares from pre-IPO holders can be sold, in stages.
- Early 2027: fourth-quarter results, and a look at spending plans.
- June 2027: Elon Musk and other insiders can start selling.
- Any time: Starship test flights, big AI deals, and news on the study of a Tesla merger.
The main risk
The stock falls hard if AI spending looks too high. It dropped after its August results, when capital spending of $18.4 billion unnerved investors, and fell about 50% from its peak in under two months. Is it worth buying? See is the SpaceX IPO a good investment. Further out: SpaceX stock price prediction 2030.
Sources
- StockAnalysis: SpaceX analyst forecasts
- CNBC: what analysts say about SpaceX after its results
- CNBC: SpaceX third-quarter results, live updates
- Motley Fool: the 5 most important numbers from SpaceX’s earnings
Education, not financial advice. These are illustrations, not forecasts. See our disclaimer.
