SpaceX Stock Price Prospects Improve Courtesy of Deutsche Bank Projection

Key Insights:

• SpaceX stock price concludes the week with a 2.16% drop.
• SpaceX stock could see further upside if the company achieves its $100B ARR target, which Deutsche Bank analyst Edison Yu says is “very achievable.”
• Analyst predicts a 2,000% plus SpaceX revenue growth

SpaceX stock (NASDAQ: SPCX) price just concluded the week in the red after previously kicking off August on a bullish leg, raising optimism about recovery. This was despite another successful launch of 27 new satellites, which failed to trigger substantial investor excitement.

For context, the SpaceX stock price cooled by 2.16% from its opening to closing price this past week.  The stock price hit a weekly high of $149.8 on Monday, and it fell as low as $130 on Thursday.

August 2026 has been critical in determining the next direction of the SPCX stock price. This is because the stock had been in a steep decline after its peak in mid-June.

Many analysts have been waiting for the stock to fall below $100 before they could FOMO back at double-digit prices. However, the stock bounced back just above that level after bottoming out at $104.

Eye on SpaceX Stock Price After Deutsche Bank Issues Revenue Projection

The weekly stock price performance signaled that demand cooled after the early-August bounce. Perhaps an indication of uncertainty behind the recovery. However, a recent Deutsche Bank prediction may offer a much-needed confidence boost.