Oppenheimer SpaceX · SPCX

Oppenheimer Raises SpaceX Price Target to $280

Analyst: Tim Horan 1 min read Reproduced verbatim
Rating
Outperform
Target
$280
from $250 (+12%)
Upside
+109%
SPCX at $134 today
Oppenheimer and SpaceX logos

What the analyst said

Oppenheimer analyst Tim Horan raised the price target on SpaceX (NASDAQ: SPCX) to $280 (from $250) while maintaining an Outperform rating.

“This report is a deep dive into the economics of SPCX AI applications and infrastructure. SPCX is differentiating itself through its unique vertically integrated AI platform.

SPCX has the data, capital, GPUs (strong NVDA relationship) and builds infrastructure rapidly.”

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 $134. The 29 analysts who set a target in the last 3 months range from $75 to $800, with a median of $240. This $280 target is 17% above the median.

Since the note SPCX has moved −6% (from $142). 12-month window: day 65 of 365, closes on September 2, 2027.

Track record

This callOpen: SPCX has not reached $280 yet. This 12-month target is scored on September 2, 2027.

Firm track recordOppenheimer: 64% of its 14 targets at least a year old were reached within 12 months. Accuracy ranking →

Oppenheimer on SpaceX

Oppenheimer price targets on SpaceX

3 calls from June 15, 2026 to September 2, 2026. The target went from $190 to $280 (+47%). The rating stayed Buy.

Oppenheimer targetSPCX share price
  1. September 2, 2026 This noteTarget raised from $250 (+12%)Buy$280
  2. June 18, 2026Target raised from $190 (+32%)Buy$250
  3. June 15, 2026Earliest call shownBuy$190
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Other analysts on SpaceX

Deutsche BankBuy Kept rating and price target Nov 6 $250maintained Morgan Stanley Kept rating and price target Nov 4 $300maintained 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
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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.