- Rocket Lab (RKLB, Financial) secures a pivotal contract with the U.S. Department of Defense, causing a significant stock surge.
- Analysts predict a promising one-year target price, with an average potential upside of nearly 10%.
- Despite positive short-term projections, GuruFocus estimates a potential downside based on fair value calculations.
Rocket Lab (NASDAQ: RKLB) experienced a substantial boost in its stock price, jumping over 5%, following the announcement of a new contract to execute a hypersonic test flight for the U.S. Department of Defense. This mission, an integral part of the MACH-TB 2.0 program led by Kratos, will leverage Rocket Lab's advanced HASTE vehicle, with the launch targeted for early 2026.
Wall Street Analysts' Insights and Projections
According to 13 analysts' one-year price assessments, the average target price for Rocket Lab USA Inc (RKLB, Financial) is projected at $24.60, fluctuating between a high estimate of $33.00 and a low estimate of $14.35. This average target suggests an implied upside of 9.94% from the current trading price of $22.38. For more comprehensive data, please visit the Rocket Lab USA Inc (RKLB) Forecast page.
Rocket Lab USA Inc maintains an average brokerage recommendation of 2.1 based on feedback from 16 brokerage firms. This rating aligns with an "Outperform" status, where 1 represents a Strong Buy and 5 indicates a Sell recommendation.
Evaluating Fair Value Through GuruFocus Metrics
GuruFocus estimates that the GF Value for Rocket Lab USA Inc (RKLB, Financial) over the next year is $15.52. This valuation hints at a potential downside of 30.65% from the current market price of $22.38. The GF Value is derived from historical trading multiples and anticipated business growth, alongside future business performance projections. For more detailed insights, refer to the Rocket Lab USA Inc (RKLB) Summary page.
