Raymond James SpaceX · SPCX

Raymond James Initiates SpaceX at Strong Buy, $800 Price Target

1 min read Reproduced verbatim
Rating
Strong Buy
New coverage
Target
$800
First target
Upside
+547%
SPCX at $124 today
Raymond James and SpaceX logos

What the analyst said

Raymond James analyst Brian Gesuale initiates coverage on SpaceX (NASDAQ: SPCX) with a Strong Buy rating and a price target of $800.

“We initiate coverage of SpaceX with a Strong Buy rating and an $800 price target, as we see the company as one of the defining industrial infrastructure companies of the 21st century.

Industrialized access to orbit and AI are driving the most significant infrastructure convergence since the advent of the Internet.

By lowering the cost of transporting mass to orbit, SpaceX is enabling a new infrastructure layer spanning transportation, communications, compute, manufacturing, and energy.

Just as railroads, electric grids, and the Internet reshaped prior economic eras, we believe SpaceX is building the foundational platform for the next generation of industrial capacity.”

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

SPCX trades at $124. The 29 analysts who set a target in the last 3 months range from $75 to $800, with a median of $230. This $800 target is 248% above the median, the highest on the Street.

Since the note SPCX has moved −23% (from $160). 12-month window: day 121 of 365, closes on July 7, 2027.

Track record

This callOpen: SPCX has not reached $800 yet. This 12-month target is scored on July 7, 2027.

Firm track recordRaymond James: 73% of its 11 targets at least a year old were reached within 12 months. Accuracy ranking →

Raymond James on SpaceX

Raymond James price targets on SpaceX

5 calls from July 7, 2026 to October 21, 2026. The target stayed at $800. The rating stayed Buy.

Raymond James target
  1. October 21, 2026Kept the $800 targetBuy$800
  2. October 14, 2026Kept the $800 targetBuy$800
  3. August 5, 2026Kept the $800 targetBuy$800
  4. July 27, 2026Kept the $800 targetBuy$800
  5. July 7, 2026 This noteEarliest call shownBuy$800
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Other analysts on SpaceX

Bank of AmericaBuy Kept rating and price target Oct 27 $275maintained Yorkville IvesBuy Kept rating and price target Oct 26 $225maintained BernsteinBuy Raised price target +8%, kept rating Oct 26 $268from $248 Bank of AmericaBuy Raised price target +17%, kept rating Oct 22 $275from $235 BarclaysBuy Raised price target +18%, kept rating Oct 22 $300from $254
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.