Rocket Lab USA, Inc. (RKLB)
NASDAQ: RKLB · IEX Real-Time Price · USD
3.740
+0.090 (2.47%)
Apr 26, 2024, 2:01 PM EDT - Market open
Rocket Lab USA Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Rocket Lab USA stock have an average target of 7.16, with a low estimate of 4.25 and a high estimate of 10. The average target predicts an increase of 91.44% from the current stock price of 3.74.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Rocket Lab USA stock from 8 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 4 | 4 | 3 |
| Buy | 3 | 2 | 3 | 3 | 3 | 3 |
| Hold | 2 | 2 | 2 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 7 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $5 → $4.25 | Hold | Maintains | $5 → $4.25 | +13.64% | Apr 4, 2024 |
| Citigroup | Citigroup | Strong Buy Initiates $6 | Strong Buy | Initiates | $6 | +60.43% | Feb 12, 2024 |
| Keybanc | Keybanc | Buy Initiates $8 | Buy | Initiates | $8 | +113.90% | Jan 17, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $6 | Buy | Reiterates | $6 | +60.43% | Dec 22, 2023 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $6 | Buy | Initiates | $6 | +60.43% | Oct 26, 2023 |
Financial Forecast
Revenue This Year
438.20M
from 244.59M
Increased by 79.16%
Revenue Next Year
644.63M
from 438.20M
Increased by 47.11%
EPS This Year
-0.42
from -0.38
EPS Next Year
-0.14
from -0.42
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 484.2M | 801.9M | 1.1B | 1.4B | 1.8B |
| Avg | 438.2M | 644.6M | 962.6M | 1.4B | 1.8B |
| Low | 383.3M | 490.0M | 784.1M | 1.3B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 98.0% | 83.0% | 68.6% | 49.8% | 30.0% |
| Avg | 79.2% | 47.1% | 49.3% | 44.6% | 26.2% |
| Low | 56.7% | 11.8% | 21.6% | 38.1% | 21.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.38 | 0.07 | 0.29 |
| Avg | -0.42 | -0.14 | 0.29 |
| Low | -0.44 | -0.24 | 0.27 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.