$Rocket Lab USA, Inc.(RKLB)$ The stock had gone up nearly 500% from the start of the year and people are coming out of the woodwork with nonsense because it went down 12%. It is called profit taking. Relax .Up we go sooner than later.
Happy Trading
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AI Overview
According to analysts, the fair value for Rocket Lab USA Inc. (RKLB) stock is between $12 and $30, with an average price target of $22.14:
Barron's: The high price target is $30, with a low of $12 and an average of $22.14
TipRanks: The average price target is $22.35, with a high of $30 and a low of $12
TradingView: The price target is $22.14, with a high of $30 and a low of $12
Yahoo Finance: The price target is between $12 and $30, with an average of $22.14
Some factors that may affect the stock price include:
The launch of Neutron in mid-2025
The securing of the launch vehicle's first lead customer contract
High demand and limited availability of medium-lift launch vehicle capacity
Delays in getting Neutron ready to launch
According to S&P Global Market Intelligence, Rocket Lab stock isn't expected to turn profitable before 2027 at the earliest.