RKLB Price Prediction Next Week
Technical Analysis: RKLB's recent price action shows significant momentum with the stock trading near $28.61. Technical indicators suggest a mixed outlook:
- RSI at 49.88 indicates neutral momentum
- MACD at 0.74 shows positive momentum
- Stock trading well above 200-day SMA of $12.05, indicating strong long-term uptrend
News Impact:
- Latest successful launch of 59th Electron mission on Feb 9, 2025, deploying five satellites for Kinéis
- Only one more launch remaining to complete Kinéis' full constellation deployment within a year, demonstrating operational efficiency
- Negative signal: ARK Invest sold 70,252 RKLB shares across ARKQ and ARKX funds
Price Projection for Next Week: Based on Fibonacci levels and technical analysis:
- Support levels: $26.94 (S1), $25.91 (S2)
- Resistance levels: $30.27 (R1), $31.30 (R2)
Target Price Forecast: $29.50-$30.00
Recommendation: BUY Rationale:
- Strong operational execution with successful launches
- Trading above key moving averages
- Positive MACD momentum
- Multiple support levels provide downside protection
- Near-term catalysts with final Kinéis launch upcoming
Entry point: Current market price around $28.61 Stop loss: $26.90 (just below S1) Take profit: $31.00 (near R2)
RKLB Similar Chart Price Prediction
The price of RKLB is predicted to go up -7.13%, based on the high correlation periods with VCYT. The similarity of these two price pattern on the periods is 90.73%.
RKLB
VCYT
Down: -7.13%Similarity: 90.73%
RKLB Revenue Forecast
RKLB EPS Forecast
RKLB FAQs
What is bull’s view on RKLB?
What is bear's view on RKLB?
What is RKLB revenue forecast for next quarter？
What is RKLB eps forecast for next quarter？
RKLB Analyst's Forecast
Jason Gursky
Citigroup
Strong Buy
2024-11-18
Price Target
$13 → $22
Upside
+14.05%
Citi analyst Jason Gursky raised the firm's price target on Rocket Lab to $22 from $13 and keeps a Buy rating on the shares. The company's Q3 results and 4Q outlook were modestly better than consensus expectations, but the most important recent announcement was that it booked its launch customer for the Neutron rocket, which is set for first flight in 2025, the analyst tells investors in a research note. Citi says this is a key milestone as it demonstrates customer acceptance and helps solidify the business case for the product. There is likely upside potential to the available supply of the rocket than management is letting on given solid execution on both the Electron and Neutron programs to date, contends the firm. It cites a higher valuation multiple given the Neutron risk retirement for the target increase.
Ronald Epstein
B of A Securities
Strong Buy
2024-11-14
Price Target
$10 → $30
Upside
+72.81%
Andres Sheppard
Cantor Fitzgerald
Buy
2024-11-14
Price Target
$7 → $24
Upside
+38.25%
