Key Highlights

● SpaceX closed at $146.03 on October 16, trading below the analyst target.

● The consensus 12-month price target is $222.71, implying about 52.5% upside.

● Analysts are split 30 Buy, 5 Hold, and 3 Sell on the stock.

● Targets range from $118 to $450 across 38 analysts.

SpaceX (NASDAQ:SPCX) closed at $146.03 on October 16, 2026, according to market data. The consensus analyst price target is $222.71, which implies potential upside of about 52.5% from that close, although targets are forecasts and not guarantees. SpaceX is a member of the Nasdaq-100. It is among the most closely watched recent listings in the market, with a very large IPO and fast index entry.

What Is the Latest Analyst Price Target?

Based on 38 analysts, the mean price target is $222.71 and the median is $225. The highest target is $450 and the lowest is $118. The consensus rating is Buy. If the consensus proves accurate, the shares would trade about 52.5% above the Friday close, but the target is a twelve-month style estimate that depends on many assumptions.

What Are Analysts Saying?

The rating split is 30 Buy, 5 Hold, 3 Sell. Recent actions include Evercore ISI (Buy, raised from $230 to $275, 16 October), Stifel (Buy, $190, 12 October), Morgan Stanley (Buy, $300, 12 October), Pivotal Research (Buy, raised from $220 to $230, 12 October) and RBC Capital (Buy, $225, 9 October). Different data providers can show slightly different figures, so readers should treat the consensus as an approximate guide rather than a precise measure.

SpaceX listed on Nasdaq on June 12, 2026 at an IPO price of $135, in an offering reported at $75 billion, and joined the Nasdaq-100 on 7 July. Its first earnings report as a public company, on 4 August, showed second-quarter revenue up 92% year on year to $7.8 billion, ahead of an estimated $6.9 billion, with a net loss of $541 million and capital spending of $18.4 billion. Shares fell more than 7% after hours and were reported roughly 50% below their post-IPO peak of about $211 to $225.

What Could Help the Stock Reach the Price Target?

Revenue growth of 92% and the Starlink subscriber base are the main supports for bullish targets, such as Morgan Stanley's $300. Thirty of 38 analysts rate the stock Buy or Strong Buy. The consensus target suggests analysts expect earnings to grow, but that outcome is not certain.

What Could Prevent the Stock Reaching the Target?

The company is loss-making, capital spending is very heavy (largely in the AI segment), and the shares trade only modestly above the $135 IPO price. The spread of targets is wide, from $118 to $450, and there are three Strong Sell ratings. Insider share unlock events were reported to follow earnings and could add selling pressure. Broader market sentiment, interest rates and competition could also weigh on the shares.

What Should Investors Watch Next?

Analyst target revisions and any further lock-up expiries are also worth following. Investors may also watch further broker target revisions, which can shift the consensus quickly.

A Gap Worth Scrutinizing

SpaceX (SPCX) closed at $146.03 against a consensus target of $222.71, a gap of about 52.5%. The consensus target suggests analysts see room for appreciation, but forecasts can be wrong and the range of targets, from $118 to $450, shows genuine disagreement.