Rocket Lab (RKLB, Financial) shares surged following its selection by the U.S. Space Force for a critical $5.6 billion space launch program. The company is among five providers chosen to support national security missions, with the contract spanning a five-year period.
Nippon Steel is considering a significant $7 billion investment to enhance U.S. Steel Corporation facilities, contingent on securing approval for its ambitious $14 billion acquisition plan.
A subsidiary of Ubisoft, valued at $4.3 billion, will manage its popular game franchises, with Tencent investing $1.25 billion for a minority stake.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Rocket Lab USA Inc (RKLB, Financial) is $25.03 with a high estimate of $33.00 and a low estimate of $14.35. The average target implies an upside of 32.09% from the current price of $18.95. More detailed estimate data can be found on the Rocket Lab USA Inc (RKLB) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, Rocket Lab USA Inc's (RKLB, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Rocket Lab USA Inc (RKLB, Financial) in one year is $15.00, suggesting a downside of 20.84% from the current price of $18.95. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Rocket Lab USA Inc (RKLB) Summary page.
