SpaceX Is Poised to Reclaim a $190 Share Price by the End of 2026
If 2027 revenue expectations keep rising, share price gains could follow.
Overview
Shares of Space Exploration Technologies (NASDAQ: SPCX), widely known as SpaceX, closed at $151.85 on Sept. 21 -- fairly close to their opening-day first trading price of $150.
To reach $190 by the end of 2026, the stock would need to climb by roughly 25%.
Details
While that may look like an aggressive prediction, especially given that there are just over three months remaining in 2026, the target price of $190 is still around 16% below the stock's all-time high of $225.64. Additionally, SpaceX's revenue expectations have risen sharply as its artificial intelligence (AI) business has scaled. Hence, a higher share price could be easier to justify if the company delivers on those expectations.
Source
Originally published at www.fool.com.