Rocket Lab USA, Inc. (RKLB)
NASDAQ: RKLB · IEX Real-Time Price · USD
5.65
+0.32 (6.00%)
Jul 12, 2024, 4:00 PM EDT - Market closed

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 13.63% from the current stock price of 5.65.

Analyst Consensus: Buy
Target Low Average Median High
Price $4.25 $6.42 $6.00 $10
Change -24.78% +13.63% +6.19% +76.99%

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 '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 443333
Buy 333333
Hold 112245
Sell 000000
Strong Sell 000000
Total 88881011

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Hold
Downgrades
$8$6
Hold Downgrades $8$6 +6.19% Jul 15, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$6
Buy Reiterates $6 +6.19% 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 +6.19% Jun 20, 2024
Roth MKM
Roth MKM
Strong Buy
Maintains
$7
Strong Buy Maintains $7 +23.89% Jun 18, 2024
More Analyst Ratings

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
Year 2019202020212022202320242025202620272028
Revenue
48.40M35.16M62.24M211.00M244.59M434.75M600.67M900.60M1.19B1.55B
Revenue Growth
--27.35%77.01%239.02%15.92%77.74%38.16%49.93%31.58%30.72%
EPS
-3.79-0.73-0.56-0.29-0.38-0.41-0.23-0.010.29-
EPS Growth
----------
Forward PE
--------19.17-
No. Analysts -----1414733
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 2024202520262027
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 2024202520262027
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.