Evercore ISI raised its price target on SpaceX to $275 from $230, implying 85% upside from Thursday’s close, while maintaining an outperform rating. The investment firm expects transformative catalysts next year, including Starship satellite deployments and rocket reusability. Analysts polled by LSEG forecast earnings per share of 14 cents on revenue of $12.738 billion for the third quarter, with results due in early November. Of the 42 analysts covering SpaceX, 33 recommend buy or strong buy, and the stock has risen approximately 13% over the past three months.
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