SpaceX shares to more than double to above $400, research firm predicts
Arete Research has set a $401 price target for SpaceX by the end of 2027. The company has recently gone public and is awaiting its first earnings report. Analyst views on the stock remain divided.
What changed
Reports confirm SpaceX is now a public company awaiting its first earnings call.
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Arete Research Predicts SpaceX Shares Could Exceed $400 by 2027
confidence 90%Arete Research has set a $401 price target for SpaceX by the end of 2027. The company has recently gone public and is awaiting its first earnings report. Analyst views on the stock remain divided.
What's confirmed:
- Arete Research predicts SpaceX shares could more than double to $401 by the end of 2027.
- SpaceX has recently gone public.
Still unconfirmed:
- KeyBanc believes the SpaceX stock price could be cut in half.
- The SpaceX IPO is the biggest of all time.
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Arete Research Predicts SpaceX Shares Will Rise Above $400
confidence 90%Arete Research set a $401 price target for SpaceX, forecasting shares could more than double by 2027. This growth is attributed to AI, Starlink expansion, and Starship reusability. A recent surge in options trading followed the launch of new weekly contracts.
What's confirmed:
- Arete Research predicted SpaceX shares could more than double to above $400 by 2027.
- The Super Heavy booster failed to perform its water-landing during the 12th Starship test flight.
- Trading volume for SpaceX options has increased significantly.
Still unconfirmed:
- The stock price run-up made SpaceX the fifth-largest company in the world by market capitalization.