SpaceX (NASDAQ:SPCX) Stock Gets Price Target Bump from Susquehanna

Posted by Brenda Bartman on Oct 9th, 2026

SpaceX (NASDAQ:SPCX – Get Free Report) had its target price hoisted by analysts at Susquehanna from $144.00 to $173.00 in a note issued to investors on Wednesday, Marketbeat reports. The firm currently has a “neutral” rating on the stock. Susquehanna’s price target would indicate a potential upside of 7.74% from the stock’s previous close.

Several other brokerages have also issued reports on SPCX. JPMorgan Chase & Co. restated a “buy” rating on shares of SpaceX in a research note on Tuesday, August 25th. Wells Fargo & Company dropped their price objective on shares of SpaceX from $215.00 to $212.00 and set an “overweight” rating on the stock in a report on Tuesday, September 8th. Phillip Securities upgraded shares of SpaceX to a “strong sell” rating and set a $75.00 target price for the company in a research report on Friday, July 31st. Moffett Nathanson boosted their price target on shares of SpaceX from $131.00 to $142.00 and gave the company a “neutral” rating in a research report on Monday, September 14th. Finally, TD Cowen initiated coverage on shares of SpaceX in a research note on Monday, September 28th. They set a “buy” rating and a $200.00 price target on the stock. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and six have given a Sell rating to the stock. According to data from MarketBeat, SpaceX presently has a consensus rating of “Moderate Buy” and a consensus target price of $219.77.

Read Our Latest Research Report on SpaceX

SpaceX Price Performance

Shares of NASDAQ SPCX opened at $160.57 on Wednesday. The firm has a market capitalization of $2.12 trillion and a PE ratio of -1,784.11. The company has a debt-to-equity ratio of 0.29, a current ratio of 5.12 and a quick ratio of 4.99. SpaceX has a 1 year low of $104.83 and a 1 year high of $225.64. The firm’s 50-day simple moving average is $143.95.

SpaceX (NASDAQ:SPCX – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported ($0.09) earnings per share for the quarter, topping the consensus estimate of ($0.26) by $0.17. The firm had revenue of $7.81 billion for the quarter. The business’s revenue was up 91.9% compared to the same quarter last year. As a group, equities research analysts anticipate that SpaceX will post 0.09 earnings per share for the current fiscal year.

Insider Buying and Selling

In other SpaceX news, COO Gwynne Shotwell sold 342,170 shares of the firm’s stock in a transaction on Tuesday, September 22nd. The shares were sold at an average price of $153.57, for a total value of $52,547,046.90. Following the completion of the transaction, the chief operating officer directly owned 2,472,035 shares of the company’s stock, valued at $379,630,414.95. This trade represents a 12.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Institutional Investors Weigh In On SpaceX

Several large investors have recently added to or reduced their stakes in SPCX. Syntax Research Inc. purchased a new stake in shares of SpaceX in the 2nd quarter valued at about $26,000. Atwood & Palmer Inc. bought a new position in shares of SpaceX in the second quarter worth approximately $29,000. PayPay Securities Corp purchased a new stake in SpaceX in the second quarter valued at approximately $30,000. Marquette Asset Management LLC bought a new stake in SpaceX during the second quarter valued at approximately $32,000. Finally, Hickory Point Bank & Trust purchased a new position in SpaceX in the 3rd quarter worth approximately $30,000.

Key Stories Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

Positive Sentiment: SpaceX agreed to acquire nationwide 800 MHz low-band spectrum licenses from Grain Management, giving Starlink a path to expand into indoor cellular coverage and compete more directly with AT&T, Verizon and T-Mobile. The deal remains subject to final FCC approval. SpaceX Acquires Nationwide Spectrum Licenses
Positive Sentiment: The FCC approved SpaceX’s next-generation Starlink Mobile constellation of up to 15,000 satellites and waived a ground-carrier leasing requirement, strengthening the company’s direct-to-device strategy. FCC Approval for 15,000 Starlink Satellites
Positive Sentiment: American Airlines plans to install Starlink internet on more than 1,000 aircraft, adding a substantial commercial customer and supporting recurring connectivity revenue. American Airlines to Add Starlink
Neutral Sentiment: Elon Musk said he sees a path for SpaceX to reach a valuation in the “tens of trillions,” a bullish long-term forecast but one that offers no near-term financial guidance. Musk’s SpaceX Valuation Prediction
Negative Sentiment: Reports that SpaceX may raise approximately $40 billion in loans and bonds to purchase Nvidia AI chips intensified concerns about leverage, capital allocation and the risk of spending heavily before AI-compute demand and returns are proven. Credit-default swap costs reportedly reached record levels. Apollo and Banks Discuss SpaceX Financing
Negative Sentiment: Up to 328.4 million shares are scheduled to become eligible for sale on October 9, creating a potential increase in trading supply and selling pressure. SpaceX Share Unlock
Negative Sentiment: Starlink’s India launch remains stalled amid a public dispute with local telecom interests and regulators, delaying access to a major potential market. Starlink India Launch Dispute

SpaceX Company Profile

(Get Free Report)

Space Exploration Technologies Corp. (SpaceX) is a privately held aerospace company founded in 2002 by Elon Musk. The company develops and operates launch vehicles, spacecraft and satellite systems designed to reduce the cost of access to space and support commercial, government and scientific missions.

SpaceX’s primary products and services include the Falcon 9 and Falcon Heavy launch vehicles, the Dragon spacecraft and the Starlink satellite internet network. The company also is developing Starship, a fully reusable launch and spacecraft system intended for missions to Earth orbit, the Moon and Mars.