After SpaceX stock (NASDAQ: SPCX) was included in the Nasdaq-100 index on July 7, 2026, Wall Street analysts issued numerous price targets for the exploration giant. Raymond James analyst Brian Gesuale has given the most bullish prediction, setting a $800 price target for SPCX, implying a 440% upside from current levels near $150+. Gesuale expects this target to be reached within the next 12 months, with the potential for a $1,000 investment to turn into $5,400. The analyst based his forecast on SpaceX’s potential as an infrastructure giant, focusing on projects like Starship and Starlink.
After SpaceX stock (NASDAQ: SPCX) was included in the Nasdaq-100 index on July 7, 2026, a flurry of Wall Street analysts scrambled to give their price predictions for the exploration giant.
Among all the forecasts, one particular estimate from Raymond James analyst Brian Gesuale has grabbed the attention of the markets as stated in his note to clients.
Gesuale gave SPCX the most bullish price target compared to his peers, setting the target at $800, implying a 440% upside from current levels.
According to his forecast, the exploration company could be trading at $800 at the same time next year, in 2027. An investment of $1,000 could turn into $5,400 if the price reaches the mentioned target.
The analyst based the forecast on the idea that SpaceX can become a veritable infrastructure giant, with projects like Starship and Starlink. Raymond James’ forecast is one among the numerous ‘strong buy’ rating recommendations from Wall Street analysts.
SPCX had fallen below its IPO launch rate of $150, dipping to a low of $147. It had also reached a high of $225, days after its launch.
Viram Shah, Founder and CEO of Vested Finance, said the correction in SpaceX stock is only a temporary phase. “The correction isn’t about SpaceX suddenly becoming a weaker company. It’s important for investors to understand market structure,” he said.
Analysts are urging clients to look at the long-term goals in SPCX and avoid the short-term noise. The exploration company still has lots to do in space and to usher the world into a new unexplored chapter.
