From Nasdaq: 2025-03-13 09:17:00

Rocket Lab USA Inc. (NASDAQ: RKLB) experienced a sharp drop of 44% from its January highs, but technical analysis suggests a potential bottom forming around $15-$16. Despite a disappointing Q1 earnings report, analysts remain optimistic about Rocket Lab’s long-term prospects, with a consensus price target of $23.06 and a Moderate Buy rating.

The decline in Rocket Lab’s stock presents an opportunity for investors interested in the space industry. The successful launch of the Neutron rocket later in 2025 could drive growth. While caution is advised due to market volatility and lack of profitability, stability above the $15-$16 range could signal a potential recovery. Analysts see significant upside potential for RKLB.



Read more at Nasdaq:: Is a Bottom Finally Forming in Rocket Lab Stock?