Goldman Sachs and Morgan Stanley set SpaceX price targets at $205 and $300, respectively, while Raymond James targets $800 after quiet period ends.
Goldman Sachs and Morgan Stanley initiated coverage on SpaceX with price targets of $205 and $300, respectively, as the 25-day quiet period for IPO underwriters expired. The stock closed Monday at $160.42, reflecting a wide gap in valuation expectations among lead underwriters.
Raymond James also initiated coverage with an $800 price target and a strong buy rating, citing SpaceX’s Starship as a key driver for reducing orbital launch costs. RBC Capital Markets set a $225 target with an outperform rating. Early analyst recommendations leaned heavily toward buy and strong buy ratings.
The divergence highlights differing views on SpaceX’s growth potential, particularly in AI-driven products and core launch services. The highest target implies a near 400% upside from Monday’s closing price.