Rocket Lab USA, Inc. (RKLB)
NASDAQ: RKLB · IEX Real-Time Price · USD
5.20
-0.06 (-1.14%)
At close: Jul 19, 2024, 4:00 PM
5.26
+0.06 (1.15%)
Pre-market: Jul 22, 2024, 5:45 AM EDT
Rocket Lab USA Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Rocket Lab USA stock have an average target of 6.42, with a low estimate of 4.25 and a high estimate of 10. The average target predicts an increase of 23.46% from the current stock price of 5.20.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 3 | 3 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 2 | 2 | 4 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 10 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6 | Buy | Reiterates | $6 | +15.38% | Jul 15, 2024 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $8 → $6 | Buy → Hold | Downgrades | $8 → $6 | +15.38% | Jul 15, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6 | Buy | Reiterates | $6 | +15.38% | Jul 1, 2024 |
| BTIG | BTIG | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jun 26, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6 | Buy | Reiterates | $6 | +15.38% | Jun 20, 2024 |
Financial Forecast
Revenue This Year
434.75M
from 244.59M
Increased by 77.74%
Revenue Next Year
600.67M
from 434.75M
Increased by 38.16%
EPS This Year
-0.41
from -0.38
EPS Next Year
-0.23
from -0.41
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 469.6M | 724.6M | 1.0B | 1.4B | 1.6B |
| Avg | 434.8M | 600.7M | 900.6M | 1.2B | 1.5B |
| Low | 341.1M | 490.8M | 752.3M | 891.8M | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 92.0% | 66.7% | 72.1% | 58.1% | 34.6% |
| Avg | 77.7% | 38.2% | 49.9% | 31.6% | 30.7% |
| Low | 39.5% | 12.9% | 25.2% | -1.0% | 25.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.38 | -0.17 | 0.07 | 0.30 |
| Avg | -0.41 | -0.23 | -0.01 | 0.29 |
| Low | -0.46 | -0.28 | -0.08 | 0.28 |
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.