JMP Securities analyst Trevor J. Walsh maintains $Rocket Lab (RKLB.US)$ with a hold rating.
According to TipRanks data, the analyst has a success rate of 74.0% and a total average return of 24.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Rocket Lab (RKLB.US)$'s main analysts recently are as follows:
Rocket Lab's revenue achievement at the upper end of its guidance, coupled with an adjusted EBITDA loss that surpassed expectations, has been acknowledged. Significantly, the company secured its inaugural launch agreement for the Neutron rocket, which solidifies trust in their anticipated first test flight by mid-2025. This underscores the robust demand for a credible alternative in the launch services market, positioned second to SpaceX.
Rocket Lab's signing of an order for multiple launches on Neutron has been recognized, with the inaugural launch anticipated to take place in 2025.
Note:
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