It has been a whirlwind few months for anyone following SpaceX (NASDAQ: SPCX). Between the pre-IPO hype, a stock market debut that quickly turned into a more than 50% slide from its June peak, and a closely watched first earnings report, investors have had little time to catch their breath.
Now they have something else to wrestle with: a bunch of analysts who could hardly disagree more about what the stock is worth. Consider the spread. While the team over at Arete was setting a fresh price target of $450 earlier this week, the Piper Sandler team had just set a $140 price target. It's an unusually wide split for a major tech stock, and they’re just two of many.
