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SpaceX Is Trading Near Its $135 Offering Price. Wall Street Analysts Say This Is What Happens Next.

Wall Street analysts believe there is more upside in SpaceX shares from here. Are they right?

Published August 29, 2026 · Category: Finance

Overview

After a few months, Space Exploration Technologies (NASDAQ: SPCX) stock has gone on a wild ride, but it now trades right around its initial public offering (IPO) price of $135. Wall Street analysts are much more optimistic about the stock, with an average price target of $218 across the industry.

Many Wall Street analysts believe that SpaceX's radical ambitions for artificial intelligence (AI) and space-based services will set the record-breaking IPO to the stratosphere, and that the stock price will keep moving higher. But are they right?

Details

Here's a breakdown of SpaceX's business ambitions and whether you should follow Wall Street and buy its stock today.

Continue reading

Source

Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.