- Rocket Lab (RKLB, Financial) continues its rapid momentum with a third Electron launch in under a month.
- Wall Street analysts provide a mixed outlook on Rocket Lab's stock potential.
- GuruFocus estimates suggest a potential valuation correction for Rocket Lab shares.
Rocket Lab (RKLB) is gearing up for another impressive feat as it prepares to launch an imaging satellite for Japan’s iQPS this June. This ambitious mission marks its third Electron launch in less than a month, bringing the total number of Electron launches to 66. This comes amidst a noteworthy 514% year-over-year stock gain for the company, underlining its significant growth trajectory and appeal in the market.
Wall Street Analysts Forecast
According to data from 12 analysts offering one-year price targets for Rocket Lab USA Inc (RKLB, Financial), the consensus indicates an average target price of $28.38. This is framed by a high estimate of $35.00 and a low estimate of $19.51, reflecting varied perspectives on the stock's potential path. The average target suggests a modest upside of 6.20% from the current price of $26.72. For more detailed insights, investors can explore the Rocket Lab USA Inc (RKLB) Forecast page.
The consensus among 15 brokerage firms rates Rocket Lab USA Inc’s (RKLB, Financial) stock at an average recommendation of 2.0, signifying an "Outperform" status. This rating uses a scale where 1 indicates a Strong Buy and 5 denotes a Sell, positioning Rocket Lab favorably among analysts.
In contrast, GuruFocus estimates suggest a different scenario with the estimated GF Value for Rocket Lab USA Inc (RKLB, Financial) in the upcoming year pegged at $16.26. This indicates a potential downside of 39.15% from the current trading price of $26.72. The GF Value is a key metric from GuruFocus, calculating the fair trading value of a stock based on historical trading multiples, past business growth, and future performance estimations. More comprehensive data is available on the Rocket Lab USA Inc (RKLB) Summary page.
