- Rocket Lab is gearing up for another satellite launch in its ambitious June schedule.
- Analysts set an average price target of $28.29 for RKLB, suggesting a potential downside.
- GuruFocus estimates indicate a significant decline in fair value over the next year.
Rocket Lab (RKLB, Financial) is set to embark on its "Get the Hawk Outta Here" mission, aiming to launch four satellites for HawkEye 360 from New Zealand on June 26th. This mission is part of an aggressive launch schedule with four planned launches in June alone. Recently, RKLB shares experienced a modest rise of over 2% before dipping 1% in after-hours trading.
Wall Street Analysts' Perspective
According to projections from 12 analysts, Rocket Lab USA Inc (RKLB, Financial) is expected to reach an average price target of $28.29 within the next year. The forecasts range from a high of $35.00 to a low of $16.00. Currently, the average target suggests a potential downside of 15.44% from the present stock price of $33.46. Investors seeking a more comprehensive analysis can visit the Rocket Lab USA Inc (RKLB) Forecast page.
Moreover, the consensus from 15 brokerage firms rates Rocket Lab USA Inc (RKLB, Financial) with an average recommendation of 2.0, signaling an "Outperform" status on a scale where 1 represents a Strong Buy and 5 indicates a Sell.
GuruFocus Fair Value Analysis
According to GuruFocus metrics, the projected GF Value for Rocket Lab USA Inc (RKLB, Financial) is estimated at $16.36 in one year, projecting a potential downside of 51.11% from its current price of $33.46. The GF Value is derived from the stock's historical trading multiples, past business growth, and future performance projections. For additional insights, visit the Rocket Lab USA Inc (RKLB) Summary page.
