Summary:
- Rocket Lab (RKLB, Financial) shares jumped 12% following a key satellite launch agreement with the European Space Agency.
- Wall Street analysts set a one-year target price range between $16.00 and $35.00 for RKLB.
- Despite recent gains, GuruFocus suggests a potential downside based on its GF Value estimate.
Rocket Lab (RKLB) shares experienced a significant uptick of 12% after securing a major contract with the European Space Agency to launch satellites. The company is set to deploy the Pathfinder A spacecraft using its Electron rocket for Thales Alenia Space and GMV, in a mission that will contribute to Europe's navigation system, scheduled for December 2025.
Wall Street Analysts Forecast
According to insights from 12 analysts, Rocket Lab USA Inc (RKLB, Financial) has an average one-year price target of $28.29. This forecast includes a high estimate of $35.00 and a low of $16.00. Currently, the average target suggests a downside of 21.71% from the present stock price of $36.14. For more comprehensive estimates, visit the Rocket Lab USA Inc (RKLB) Forecast page.
The consensus recommendation among 15 brokerage firms for Rocket Lab USA Inc. (RKLB, Financial) is 2.0, reflecting an "Outperform" status. This rating system ranges from 1 (Strong Buy) to 5 (Sell), indicating favorable analyst sentiment.
Based on GuruFocus metrics, the estimated GF Value for Rocket Lab USA Inc (RKLB, Financial) in a year's time stands at $16.36. This estimation highlights a potential downside of 54.73% from the current price of $36.14. The GF Value is GuruFocus' calculated fair value for the stock, derived from historical trading multiples, past growth trends, and future performance projections. Further detailed insights are available on the Rocket Lab USA Inc (RKLB) Summary page.
