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 barrage of forecasts, one particular estimate has grabbed the attention of the markets. Capital markets firm Raymond James analyst Brian Gesuale gave SPCX the most bullish price target compared to his peers. The target is so huge that missing out on taking an entry position now could lead to regrets.

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SpaceX Stock Price Target $800 (SPCX)

Raymond James analyst Brian Gesuale wrote in a note to clients that SpaceX stock can rise 440% next. He provided a bullish price target for SPCX at $800. The timeline he predicted for the $800 target is in the next 12 months. According to his forecast, the exploration company could be trading at $800 at the same time next year, in 2027. That’s record-breaking gains, if his price prediction turns out to be accurate. Traders can make huge returns if they take an entry position at current levels of $150+.

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 on SpaceX stock 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.

The correction in SpaceX stock is only a temporary phase, said Viram Shah, Founder and CEO of Vested Finance. “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.