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Rocket Lab USA Inc has a consensus price target of $8.52 based on the ratings of 17 analysts. The high is $20 issued by Roth Capital on February 23, 2022. The low is $3 issued by Credit Suisse on October 12, 2022. The 3 most-recent analyst ratings were released by Cantor Fitzgerald, Cantor Fitzgerald, and Citigroup on September 9, 2024, September 3, 2024, and August 14, 2024, respectively. With an average price target of $7 between Cantor Fitzgerald, Cantor Fitzgerald, and Citigroup, there's an implied -2.23% downside for Rocket Lab USA Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Rocket Lab USA (NASDAQ:RKLB) was reported by JMP Securities on September 12, 2024. The analyst firm set a price target for $0.00 expecting RKLB to fall to within 12 months (a possible -100.00% downside). 22 analyst firms have reported ratings in the last year.
The latest analyst rating for Rocket Lab USA (NASDAQ:RKLB) was provided by JMP Securities, and Rocket Lab USA initiated their market perform rating.
The last upgrade for Rocket Lab USA Inc happened on August 31, 2022 when Cowen & Co. raised their price target to $8. Cowen & Co. previously had a market perform for Rocket Lab USA Inc.
The last downgrade for Rocket Lab USA Inc happened on July 15, 2024 when Morgan Stanley changed their price target from $8 to $6 for Rocket Lab USA Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rocket Lab USA, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Rocket Lab USA was filed on September 12, 2024 so you should expect the next rating to be made available sometime around September 12, 2025.
While ratings are subjective and will change, the latest Rocket Lab USA (RKLB) rating was a initiated with a price target of $0.00 to $0.00. The current price Rocket Lab USA (RKLB) is trading at is $7.16, which is out of the analyst’s predicted range.
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