Rocket Lab USA, Inc. (RKLB)
NASDAQ: RKLB · Real-Time Price · USD
11.16
-0.10 (-0.89%)
At close: Oct 22, 2024, 4:00 PM
11.11
-0.05 (-0.45%)
Pre-market: Oct 23, 2024, 7:03 AM EDT
Rocket Lab USA Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Rocket Lab USA stock have an average target of 6.75, with a low estimate of 4.25 and a high estimate of 11. The average target predicts a decrease of -39.52% from the current stock price of 11.16.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Rocket Lab USA stock from 9 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 2 | 4 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 10 | 11 | 11 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $4.5 → $5 | Hold | Maintains | $4.5 → $5 | -55.20% | Oct 10, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $7 | Buy | Reiterates | $7 | -37.28% | Sep 30, 2024 |
| Keybanc | Keybanc | Buy Maintains $8 → $11 | Buy | Maintains | $8 → $11 | -1.43% | Sep 27, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $7 | Buy | Reiterates | $7 | -37.28% | Sep 23, 2024 |
| JMP Securities | JMP Securities | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Sep 12, 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 | -0.16 | 0.07 | |
| Avg | -0.40 | -0.23 | -0.02 | |
| Low | -0.40 | -0.30 | -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.