Rocket Lab USA, Inc. (RKLB)
NASDAQ: RKLB · Real-Time Price · USD
22.41
+2.23 (11.05%)
At close: Nov 21, 2024, 4:00 PM
22.25
-0.16 (-0.72%)
After-hours: Nov 21, 2024, 7:59 PM EST
Rocket Lab USA Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Rocket Lab USA stock have an average target of 16.5, with a low estimate of 6.00 and a high estimate of 30. The average target predicts a decrease of -26.37% from the current stock price of 22.41.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Rocket Lab USA stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 | 2 | 4 |
| Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Hold | 4 | 5 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 11 | 11 | 9 | 9 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $5 → $12 | Hold | Maintains | $5 → $12 | -46.45% | Nov 19, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $13 → $22 | Strong Buy | Maintains | $13 → $22 | -1.83% | Nov 18, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $10 → $30 | Strong Buy | Maintains | $10 → $30 | +33.87% | Nov 14, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $7 → $24 | Buy | Maintains | $7 → $24 | +7.10% | Nov 14, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $5.25 → $14 | Hold | Maintains | $5.25 → $14 | -39.76% | Nov 13, 2024 |
Financial Forecast
Revenue This Year
431.79M
from 244.59M
Increased by 76.53%
Revenue Next Year
608.47M
from 431.79M
Increased by 40.92%
EPS This Year
-0.40
from -0.38
EPS Next Year
-0.23
from -0.40
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 458.9M | 724.6M | 1.0B | ||
| Avg | 431.8M | 608.5M | 905.4M | ||
| Low | 399.5M | 514.3M | 773.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 87.6% | 67.8% | 72.4% | ||
| Avg | 76.5% | 40.9% | 48.8% | ||
| Low | 63.3% | 19.1% | 27.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.40 | -0.13 | 0.07 | |
| Avg | -0.40 | -0.23 | -0.02 | |
| Low | -0.40 | -0.34 | -0.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | - | |
| Avg | - | - | - | |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.