Stock Price Projections and History: The Bullish and Bearish Takes for SpaceX Stock Over the Next 12 Months
The bull case is compelling, but history says the downside over the next 12 months could be painful.
Overview
Price targets and history don't provide a guarantee on where a stock can trade, but they can help investors think about weighing risks against rewards. For Space Exploration Technologies (NASDAQ: SPCX), or SpaceX, that may be especially useful now as the stock is trading under $125 per share as of this writing.
Over the next 12 months, analyst price targets suggest the SpaceX stock price could climb over 80%, but history may have something different in mind for where SpaceX heads next.
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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.