Bank of America raises target for SpaceX stock to USD 275

Published on 10/27/2026 at 18:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SpaceX posted USD 14.58 billion revenue in Q3 2026, up 161.00 percent. SpaceX stock costs EUR 134.70 on October 27, 2026 at Lang & Schwarz.

Bank target and earnings

Bank of America raised its SpaceX target from USD 235.00 to USD 275.00 on October 22, 2026.
SpaceX reported USD 14.58 billion in third-quarter 2026 revenue, up 161.00 percent year over year.
SpaceX stock costs EUR 134.70 at Lang & Schwarz on October 27, 2026 at 6:23 p.m. CEST.
Nasdaq quoted SpaceX at USD 149.91 on October 27, 2026, with a USD 2.1 trillion market capitalization.

SpaceX, US84615Q1031, Illustration mit AI erstellt.

SpaceX (ISIN US84615Q1031) reported USD 14.58 billion in third-quarter 2026 revenue, up 161.00 percent from USD 5.60 billion a year earlier. MarketBeat reported on October 22, 2026 that Bank of America raised its SpaceX target from USD 235.00 to USD 275.00 and maintained a Buy rating. SpaceX was trading at EUR 134.70 at Lang & Schwarz on October 27, 2026 at 6:23 p.m. CEST.

Revenue growth changes the picture

The third-quarter results marked a sharp year-over-year improvement. Investing.com reported that net income reached USD 4.40 billion, compared with a USD 1.10 billion loss in the prior-year quarter. Adjusted EBITDA rose 306.00 percent to USD 8.80 billion from USD 2.20 billion.

The quarter was also broader than a single launch business. Connectivity revenue reached USD 5.20 billion, up 69.00 percent year over year, while super-intelligence revenue reached USD 7.60 billion. SpaceX ended the quarter with 13.60 million consumer Starlink subscribers after adding 1.60 million during the period.

Nasdaq valuation remains demanding

On the Nasdaq, SpaceX last traded at USD 149.91 on October 27, 2026 at 1:27 p.m. ET. The quote was 33.55 percent below the USD 225.64 52-week high and 43.08 percent above the USD 104.83 low. Trading volume stood at 62,270,733 shares, while market capitalization reached USD 2.1 trillion.

The valuation leaves little room for execution slippage. SpaceX carried a price-to-earnings ratio of negative 148.57, while its third-quarter adjusted EBITDA margin was 60.27 percent, calculated from USD 8.80 billion of adjusted EBITDA and USD 14.58 billion of revenue. The strong operating result sits alongside heavy investment needs, including USD 19.60 billion of third-quarter capital expenditures.

October results set the timetable

SpaceX scheduled its third-quarter earnings event for October 20, 2026, at 3:30 p.m. CT. The event is now a dated reference point for the revenue, profit and cash-investment figures shaping the current valuation discussion.

Comparison with peers

SpaceX: up 2.05 percent on Nasdaq, P/E negative 148.57, market capitalization USD 2.1 trillion.

Rocket Lab: up 9.31 percent on Nasdaq, P/E negative 212.26, market capitalization USD 35.2 billion.

Boeing: down 9.02 percent on NYSE, P/E 18.59, market capitalization USD 135.4 billion.

Price and investor perspective

The key tension is visible in the contrast between USD 14.58 billion of quarterly revenue and USD 19.60 billion of quarterly capital spending. Bank of America's USD 275.00 target, dated October 22, 2026, places execution and funding at the center of the valuation debate. The stock was trading at EUR 134.70 at Lang & Schwarz on October 27, 2026 at 6:23 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of SpaceX stock.