Think SpaceX stocks have peaked? You might be surprised by Wall Street's forecasts



Breaking: Wall Street analysts have just unveiled their forecasts for how high SpaceX stocks could go.



We already gave you a heads up in yesterday's (Monday, July 6th) Market Pulse report.

The “quiet period” for Wall Street analysts ended this week, after their employers (the big Wall Street banks) underwrote SpaceX’s US$ 86 billion IPO just last month.



Here are the 12-month forecasts for SpaceX’s share prices from these experts:

• Morgan Stanley: $300

• RBC Capital: $225

• UBS: $210

• Goldman Sachs: $205

• Stifel: $190



And here’s how the recommendations from analysts surveyed by Bloomberg now stand:

• 17 ‘Buy’ calls (vs. 8 as of yesterday)

• 4 ‘Holds’ (unchanged from yesterday)

• 1 ‘Sell’ rating, by Morningstar analyst, Nicolas Owens (unchanged from yesterday)

In other words, Wall Street appears overwhelmingly bullish on SpaceX’s stock price performance.

As a a result, Wall Street’s median 12-month target price has now risen from 34.4% to 35.9%.

Morgan Stanley’s forecasts alone ($300) implies that SpaceX could rise another 87% by this time next year!

To be certain, Morgan Stanley also provides a range of views:

• Bear case: SpaceX stocks could sink to $75

• Bull case: SpaceX stocks could skyrocket to $600

The latter optimistic scenario predicts that revenue for Elon Musk’s rocket and AI company could reach US$ 4.4 trillion by 2040!



Trade SpaceX xStocks spot SPCXX





Also today: SpaceX due for Nasdaq 100 “glow up”



As mentioned yesterday, SpaceX stocks are set to be included into the Nasdaq 100 index today (Tuesday, July 7th).

According to Bloomberg Intelligence, this addition to the Nasdaq 100 will drive nearly US$ 5 billion in purchases of Space X stocks.

It remains to be seen whether this index inclusion would actually result in a “sell the news” type event, with short selling overcoming potential passive fund inflows.

At the time of writing, NAS100 is yet again testing support at its 21-day simple moving average (SMA) - a crucial support level we had highlighted since our June 15th Market Pulse report.



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Beyond the short-term volatility, if Wall Street’s forecasts are to prove true, that suggests that SpaceX stocks should have a lot more room to soar over the next 12 months.



READ MORE:

• published July 6: Revisit SpaceX's trade setups for this week (3 Stocks to Watch - SpaceX, SK Hynix, and Pepsi)

• published June 17: Could SpaceX, Gold, NAS100 fall today? Watch the new Fed Chair!

• published June 12: SpaceX IPO - Will it soar or crash on day 1?

• published June 9: Battle of the Mega IPOs 2026 - SpaceX vs. Anthropic vs. OpenAI

• published May 21: Elon Musk set to be world’s first Trillionaire on SpaceX IPO! 





DISCLAIMER:

This article is provided for general information and reflects the author’s views only. It does not constitute investment advice, nor an offer or solicitation to buy or sell any financial instruments or digital assets. Your ability to access or use any products or services mentioned may be subject to the laws and regulatory requirements of your jurisdiction.