Bernstein sets SpaceX stock price target

Even though Space Exploration Technolog i es Corp. (NASDAQ: SPCX ) stock has plunged over 16% since retesting its resistance level around $176 earlier in October 2026, Douglas Harned, a Wall Street analyst at Bernstein SocGen Group, expects a bull run to a new all-time high (ATH) over the next 12 months. On Monday, October 26, Harned raised the firm’s 12-month price target of SpaceX stock to $268 from $248. He, however, maintained the firm’s 12-month rating of SPCX at ‘Outperform’. With SpaceX stock trading at $148.30 at the time of writing, the firm signals a potential 80.71% upside. Bernstein SocGen Group raised its outlook for SPCX primarily due to expanding terrestrial artificial intelligence ( AI ) build plans.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Finbold.