Company opinion Space Exploration Technologies Corp.SPCX price) shares traded in the merger in the past two weeks, more than a dozen Wall Street analysts have started coverage of SpaceX stock on July 7, 2027.
On Tuesday, Brian Gesuale, an analyst at Raymond James, started the news about SpaceX with “Strong Buy”. He also set his 12-month price target on SpaceX’s stock at $800, which suggests a bullish rally of nearly 400%.
Brian Dobson, analyst at Clear Street, set a price target of $217 for SPCX stock. Jonathan Siegman, analyst at Stifel Nicolaus, set his 12-month price target of $190 for SPCX stock.
Ken Gawrelski, an analyst at Wells Fargo, set a $230 price target on SPCX’s stock in the 12th. John Goyn, a Wall Street analyst at Citigroup Inc. (NYSE: C), set the price to $200. Adam Jonas, analyst at Morgan Stanley (NYSE: MS), set a 12-month price of $300.
Eric Sheridan, an analyst at Goldman Sachs Group Inc. (NYSE: GS), set his 12-month target price for SPCX at $205. John Hodulik, a Wall Street analyst at UBS, set a price target of $210 for SpaceX shares.
Louie DiPalma, an analyst at William Blair, started coverage of SPCX with a buy price but did not set a price for SpaceX stock. Douglas Harned, an analyst at Bernstein, set a 12-month price target of $239 on stockX.
Doug Anmuth, a Wall Street analyst at JPMorgan Chase & Co. (NYSE: JPM), set a 12-day price target of $225 for SPCX shares. Jonathan Atkin, an analyst at RBC Capital, set a price target of $225.
Paul Golding, an analyst at Macquarie, set a price target of $250. Meanwhile, Colin Canfield and Cantor Fitzgerald, Brett Linzey at Mizuho Securities, and Ryan Koontz from Needham set a 12-month price target for SpaceX at $246, $200, and $200, respectively.
Accordingly, 26 researchers he was asked in TipRanks They have set a 12-month target price of $216.48 on stockX.
The cost of SpaceX shares
Since the June IPO (Initial Public Offering), SPCX’s stock price has not closed below its initial price. At press time, SPCX stock was trading at around $160.42, up more than 18% from its IPO price.
As such, Wall Street analysts expect SpaceX’s stock to gain about 35% over the next 12 months.
