Summary
- Rocket Lab USA (RKLB, Financial) anticipates first-quarter earnings with a projected EPS of -$0.09 and a revenue increase of 30.8% to $121.37 million.
- Analyst consensus suggests an "Outperform" rating with a notable potential upside of 10.38% from current prices.
- GuruFocus estimates indicate a potential downside with a GF Value projection lower than the current market price.
Rocket Lab USA (RKLB) is gearing up to release its first-quarter financial results on May 8th after market close. Investors are keen on the numbers, with analysts forecasting that earnings per share will maintain at -$0.09. Meanwhile, expectations for revenue look promising, with predictions of a 30.8% climb, reaching $121.37 million. Notably, the company has previously exceeded revenue predictions in half of the past year's reports.
Wall Street Analysts Forecast
According to 13 analysts providing one-year price targets, the average target price for Rocket Lab USA Inc (RKLB, Financial) is set at $24.60. This projection offers a potential high of $33.00 and a low of $14.35. The average target suggests a promising upside of 10.38% from the current share price of $22.29. Investors seeking more in-depth analysis can visit the Rocket Lab USA Inc (RKLB) Forecast page.
In terms of broker recommendations, the consensus from 16 brokerage firms places Rocket Lab USA Inc (RKLB, Financial) at an average recommendation of 2.1, which aligns with an "Outperform" status. This rating operates on a scale ranging from 1, indicating a Strong Buy, to 5, signifying Sell.
Leveraging GuruFocus estimates, the calculated GF Value of Rocket Lab USA Inc (RKLB, Financial) within a year is $16.08. This value suggests a downside of 27.86% from the present trading price of $22.29. The GF Value is GuruFocus’ evaluation of the fair trading price for the stock, derived from historical trading multiples, past growth trajectories, and forward-looking performance estimates. Detailed information can be accessed on the Rocket Lab USA Inc (RKLB) Summary page.
