SpaceX stock: Evercore ISI lifts target for SpaceX stock to USD 275

Published on 10/22/2026 at 17:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results were scheduled for October 20, 2026. SpaceX stock costs EUR 133.93 on October 22, 2026, 7.35 percent below the Xetra close.

Analyst target and valuation

Evercore ISI lifted its SpaceX target from USD 230.00 to USD 275.00 on October 16, 2026.
SpaceX had a USD 2.0 trillion market capitalization as of October 22, 2026.
SpaceX stock costs EUR 133.93 at Lang & Schwarz on October 22, 2026 at 5:01 p.m. CEST, 7.35 percent below the Xetra close of October 21, 2026.
SpaceX had scheduled third-quarter results for October 20, 2026.

SpaceX, US84615Q1031, Illustration mit AI erstellt.

SpaceX (ISIN US84615Q1031) drew a higher valuation call after CNBC reported on October 16, 2026 that Evercore ISI raised its price target from USD 230.00 to USD 275.00 and kept an Outperform rating. Using a Nasdaq price of USD 149.79 at 11:03 a.m. ET on October 22, 2026, the new target stood 83.67 percent above the price. At Lang & Schwarz on October 22, 2026 at 5:01 p.m. CEST, SpaceX stock was trading at EUR 133.93, down 7.35 percent versus the Xetra close of October 21, 2026 at EUR 144.56.

Valuation rises above USD 2 trillion

SpaceX had a market capitalization of USD 2.0 trillion as of October 22, 2026. The Nasdaq quote carried a negative trailing P/E of -110.78, a valuation measure that reflects the company's earnings profile rather than the euro quotation used for the daily market report.

52-week range leaves room

The Nasdaq listing's 52-week range was USD 104.83 to USD 225.64 as of October 22, 2026. The quoted USD 149.79 level sat USD 44.96 above the low and USD 75.85 below the high. Trading volume reached 75,289,588 shares at 11:03 a.m. ET, giving the session a substantial market backdrop.

What does compute imply?

The analyst case also rests on infrastructure estimates. Investing.com reported on October 16, 2026 that Evercore raised its 2029 adjusted earnings before interest, taxes, depreciation and amortization estimate from USD 210.0 billion to USD 266.0 billion. The same report put year-end 2026 compute capacity at 2.3 gigawatts, with potential for 2.7 gigawatts, versus a Street estimate of 2.2 gigawatts.

SpaceX had scheduled its third-quarter financial and operational results for October 20, 2026, according to the company's October 16, 2026 investor update. The release said management would host an audio webcast at 4:30 p.m. ET on that date, a timetable that framed the Evercore preview.

Euro quote after the Xetra close

The EUR 133.93 Lang & Schwarz quote was 7.35 percent below the EUR 144.56 Xetra close of October 21, 2026. For investors, the key tension is the distance between the USD 275.00 target and the USD 149.79 Nasdaq price, alongside a still-wide 52-week range. The further course of trading is shown by the continuously updated real-time quote of SpaceX stock.