Tip: Try a valid symbol or a specific company name for relevant results A pro-grade research workspace with advanced charts, company data and real-time news. Now part of Yahoo Finance Gold.Learn more This Analyst Has a $450 Price Target on SpaceX Stock. The above button links to Coinbase.
Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. **Space Exploration Technologies** (NASDAQ: SPCX) is one of the more controversial stocks on the market, and that shows up in analysts' assessments.
The range of 12-month price targets they've put on the stock forecast everything from significant losses to massive gains. Finance, the lowest price target among analysts covering the company is $117, while the highest -- from Andrew Beale at Arete Research -- is $450. Beale's target suggests the stock will about a triple from today's level.
That's a monster growth target, and would lead to SpaceX being valued at around $6 trillion. That's a huge difference from today's $2 trillion company, but is this a legitimate price target or just an outlier intended to grab attention? **_Missed AI's "Act 1"? Act 2 Could Be 15x Bigger._**_Most investors think they missed the AI boat because they didn't buy Nvidia in 2005.
But according to our analysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout._**_Continue »_** SpaceX operates in three segments: space exploration, connectivity, and AI. While space exploration may be SpaceX's ultimate goal, it isn't what's supporting the business right now.
Connectivity, mostly through its Starlink satellite broadband platform, is its only profitable segment. Beale's thesis hinges on Starlink further improving its margins and expanding. Additionally, it focuses on SpaceX's AI endeavors.
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