What the analyst said
Stifel analyst Jonathan Siegmann reiterated a Buy rating and $190 price target on SpaceX (NASDAQ: SPCX).
“Democrats’ midterm sweep puts state-level permitting back in focus for the data center buildout, and a volatile week for AI-levered stocks shows the market recalibrating that risk.
For SPCX’s SI business, we see near-term friction concentrated on new and 2028-planned deployments rather than projects under construction.
Medium term, stalled developments could become an opportunity: with an investment-grade balance sheet and $40bn of committed GPU financing, SPCX is positioned as buyer of last resort for sites that already have power.
Longer term, every terrestrial moratorium strengthens the case for compute in orbit.
Not election-driven, but easy to miss: Qualcomm’s selection as radio supplier for tens of thousands of macro cell sites starting in 2027 makes a standalone mobile network more credible, while strengthening SPCX’s hand in carrier talks.
We reaffirm our Buy rating ahead of Flight 15, which we see as a key development milestone for Starship reusability and orbital compute.”
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Where the price stands
SPCX trades at $142. The 29 analysts who set a target in the last 3 months range from $75 to $800, with a median of $240. This $190 target is 21% below the median.
12-month window: day 0 of 365, closes on November 9, 2027.
Track record
This callOpen: SPCX has not reached $190 yet. This 12-month target is scored on October 12, 2027. Same target as this firm’s October 12, 2026 note, so it is scored there.
Firm track recordStifel: 83% of its 42 targets at least a year old were reached within 12 months (#6 of 26 firms). Accuracy ranking →
Stifel on SpaceX
Stifel price targets on SpaceX
5 calls from July 7, 2026 to November 9, 2026. The target stayed at $190. The rating stayed Buy.
- November 9, 2026 This noteKept the $190 targetBuy$190
- October 21, 2026Kept the $190 targetBuy$190
- October 12, 2026Kept the $190 targetBuy$190
- August 5, 2026Kept the $190 targetBuy$190
- July 7, 2026Earliest call shownBuy$190
Other analysts on SpaceX
Deutsche BankBuy
Kept rating and price targetReiterated · Nov 6
$250maintained
Morgan Stanley
Kept rating and price targetReiterated · Nov 4
$300maintained
Bank of AmericaBuy
Kept rating and price targetReiterated · Oct 27
$275maintained
Yorkville IvesBuy
Kept rating and price targetReiterated · Oct 26
$225maintained
BernsteinBuy
Raised price target +8%, kept ratingRaised target · Oct 26
$268from $248+8%