RBC Capital Reaffirms Outperform on SpaceX, $225 Price Target
- Rating
- Buy
- Unchanged
- Target
- $225
- Unchanged
- Upside
- +52%
- SPCX at $148 today
What the analyst said
RBC Capital analyst Ken Herbert reiterated an Outperform rating and $225 price target on SpaceX (NASDAQ: SPCX).
“Acceleration, spectrum purchase, data center sentiment the focus, maintain OP and $225 PT; We are previewing SpaceX (SPCX) ahead of its 3Q26 earnings release on Tuesday, Oct 20.
We believe SPCX surprised investors with announcing earnings as early as next week, with most anticipating the report sometime in Nov.
We anticipate positive commentary from SPCX management with a continued sense of urgency and further pull forward out-year goalposts.
We view the recent spectrum purchase as a positive, and Starship momentum on pace to continue.
Moreover, investor interest around a potential merger with TSLA is increasing.
Maintaining OP rating and $225 PT.”
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Where the price stands
SPCX trades at $148. The 28 analysts who set a target in the last 3 months range from $75 to $800, with a median of $225. This $225 target is in line with the median.
12-month window: day 1 of 365, closes on October 19, 2027.
Track record
This callOpen: SPCX has not reached $225 yet. This 12-month target is scored on October 19, 2027.
Firm track recordRBC Capital: 80% of its 10 targets at least a year old were reached within 12 months (#20 of 28 firms). Accuracy ranking →
RBC Capital on SpaceX
RBC Capital price targets on SpaceX
2 calls from July 7, 2026 to October 19, 2026. The target stayed at $225. The rating stayed Buy.
- October 19, 2026 This noteKept the $225 targetBuy$225
- July 7, 2026Earliest call shownBuy$225
Other analysts on SpaceX
EvercoreBuy
Raised price target +20%, kept rating · Oct 16
$275from $230
Morgan StanleyBuy
Kept rating and price target · Oct 14
$300maintained
Raymond JamesBuy
Kept rating and price target · Oct 14
$800maintained
StifelBuy
Kept rating and price target · Oct 12
$190maintained
TD CowenBuy
Kept rating and price target · Oct 9
$200maintained