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SpaceX stock target triples to $250 as analysts boost revenue forecasts after strong Q3 results

Analyst Insights
23 Oct 2026
Finbold
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Bullish
SpaceX stock target triples to $250 as analysts boost revenue forecasts after strong Q3 results

Phillip Securities upgraded SpaceX from "Sell" to "Buy" and raised its price target from $75 to $250, citing strong demand and higher contract prices. The analyst increased revenue forecasts for 2026 and 2027 significantly, expecting new capacity to pay back quickly. Other firms like JPMorgan and Bank of America also raised their price targets following SpaceX's better-than-expected Q3 sales of $14.58 billion. Wall Street consensus suggests a 70% rally in SpaceX shares over the next year.

SpaceX shares on Pluang trade at USD 147.87 as of Oct 23, 2026 17:41 WIB, showing a 2.16% gain in the past day. The stock's market cap stands at $1.97 trillion, reflecting its significant size in the Industrials sector. Investor sentiment is fairly balanced with a slight buying edge, as 52% of order activity on Pluang is Buy versus 48% Sell.

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