Analysts covering SpaceX expect the stock to reach a median price target of $225 by mid-2027, according to forecasts from 37 to 40 Wall Street professionals tracking the company. That would represent roughly 46 to 96 percent upside from SpaceX’s current trading levels, depending on the precise entry point.
SpaceX went public on June 12, 2026, pricing its initial public offering at $135 per share. The stock opened at $150 on its first trading day and closed at $161.11, a 19 percent gain that valued the company at roughly $2.1 trillion and made it the largest IPO in history. However, the stock has since retreated, trading as low as $108 in recent months and hovering around $140 in early September 2026.
The $225 median target reflects bullish sentiment among most Wall Street underwriters and analysts. Goldman Sachs set a $205 price target, Morgan Stanley issued a $300 target, and Raymond James assigned an $800 target, according to recent coverage. However, the analyst community shows extreme divergence: the highest price target tracked is $800, while the lowest sits at $75, creating a more than 10-fold spread between the most bullish and bearish calls. UBS analyst John Hodulik maintained a “Buy” rating with a $210 target, while HSBC initiated coverage with a $115 target and a hold rating, citing valuation concerns.
Starlink, SpaceX’s satellite internet business, is the primary engine driving analyst optimism. In its first earnings report as a public company, SpaceX disclosed that Starlink revenue rose 66 percent, accounting for over half of total company revenue. Analysts project Starlink could represent as much as 72 percent of SpaceX’s revenue by 2030, according to Morgan Stanley research. The connectivity business generated $11.39 billion in revenue in 2025, and analysts expect continued acceleration as the company expands its global subscriber base.
The wide range of price targets reflects deep uncertainty about SpaceX’s long-term profitability and the sustainability of its growth rate. SpaceX’s revenue is forecast to grow from roughly $15 billion in 2025 to $23.8 billion in 2026, driven primarily by Starlink expansion and growth in its artificial intelligence business, which more than tripled revenue to $2.6 billion in its most recent quarter. Yet some analysts question whether the company’s valuation—already elevated at $1.4 trillion to $2.1 trillion depending on the stock price—can be justified by these growth rates and eventual profitability timelines.
Among the 40 analysts covering SpaceX, approximately 75 percent maintain a buy rating on the stock, according to CNN’s analyst tracker. The median one-year price target across all tracking firms is $216 to $225, though this figure masks the extreme dispersion in individual targets. The stock briefly touched the $225 level in June 2026 shortly after its IPO, but selling pressure from early investors and profit-taking has kept it well below that level for most of the summer.
Lock-up expirations could influence near-term trading. SpaceX shares remain strictly locked until June 2027, when early investors and insiders—including Elon Musk—will have their first opportunity to sell holdings. That timing aligns closely with the mid-2027 horizon for the $225 median target, potentially creating competing pressures on the stock price as the unlock approaches.
Sources
- Motley Fool — median price target of $225 among 37 analysts; context on Starlink and growth drivers
- The Globe and Mail — median price target of $225 per share, 96% upside implied from July 2026 price levels
- Webull — median one-year price target of $217 among 40 analysts; high and low targets
- CNN — 75% of analysts rate SpaceX a buy; median one-year price target
- Reuters — Starlink revenue rose 66%; connectivity business accounted for over half of total revenue
- CNBC — SpaceX IPO pricing at $135; opening at $150 and closing at $161.11 on first trading day
- Fortune — median estimate of $225 starting from July 6 price of $160; implied $1 trillion valuation increase
- TradingKey — analyst targets including Goldman Sachs $205, Deutsche Bank Buy rating; consensus Moderate Buy
- The Street — Glenn Thum $75 target; analyst commentary on valuation concerns
- MarketWatch — Raymond James $800 price target; analyst commentary on long-term outlook
- Investing.com — average 12-month price target of $222.32 among 19 analysts; high and low estimates
- Motley Fool — SpaceX valuation and long-term growth prospects; Starlink as primary driver
- HSBC — $115 price target with hold rating; stock down from $225 post-IPO peak
- Yahoo Finance — SpaceX briefly touched $225 in June 2026; stock fell from post-IPO high
- The Motley Fool — median one-year price target of $216 as of September 7, 2026
