Wall Street sets SpaceX stock price target for 2027

Despite the recent turmoil among big tech firms and on Wall Street as a whole , institutional analysts have remained confident that SpaceX (NASDAQ: SPCX ) stock will enjoy a period of strong performance in the next 12 months. The most recent example of the overall optimism came early on Monday, November 9, when Stifel Nicolaus’ Jonathan Siegmann reiterated his previous ‘Buy’ rating and the $190 price target, effectively forecasting a 41.51% rally from the latest SPCX closing price of $134.27. Notably, however, the impact of the 30-day sell-off is visible despite the positive recommendation. Specifically, the other two price targets assigned in November were significantly higher.

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