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Tim
@Sxnety
2J·

TheStreet also raises RocketLab price target!

After Citi recently raised its price target for $RKLB (-3,32 %) now follows TheStreet. The price target was raised from 33$ to 39$. A new ATH has already been reached in pre-market trading.

Where do you see RocketLab at the end of the year?


Source:

ttps://pro.thestreet.com/trade-ideas/higher-target-price-rocket-lab-with-trump-breakout-in-play

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8 Commentaires
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Marcel@Mcl1991
2J
They have a free cash flow of -137m and an EBITDA of -147.26m. What do the analysts use to justify their share price targets?
Or are other figures more important?
I haven't dealt with company valuations before, so I'm interested.
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wasi@wasi
2J
@Mcl1991 Their pipeline and outlook? 🚀🚀🚀 There's a great article here in the forum
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Shiya@Shiya
2J
@Mcl1991 You can read my post here in Getquin.
They only have negative figures because of the development of the new Neutron rocket, which will be tested in the summer. After the development, the share price will probably continue to explode.
Without the development, they would have been profitable for a long time.
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Marcel@Mcl1991
2J
@wasi thank you 😌
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Marcel@Mcl1991
2J
@Shiya thanks, I will 😌
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PikaPika0105@PikaPika0105
2J
@Mcl1991 At the moment, the figures are like this, but only looking ahead to the next quarter is useless as a long-term investor
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Shiya@Shiya
2J
They will probably not be profitable until 2026, so nothing will happen this year
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PikaPika0105@PikaPika0105
2J
@Shiya maybe only 27
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