![]() For more information, you can click through to our free platform to learn more about these forecasts. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Rocket Lab USA to grow faster than the wider industry.īetter yet, Rocket Lab USA is expected to break-even soon - within the next few years - according to analyst forecasts, which would be a momentous event for shareholders. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 7.4% per year. It's clear from the latest estimates that Rocket Lab USA's rate of growth is expected to accelerate meaningfully, with the forecast 204% annualised revenue growth to the end of 2022 noticeably faster than its historical growth of 131% over the past year. One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business. There are some variant perceptions on Rocket Lab USA, with the most bullish analyst valuing it at US$20.00 and the most bearish at US$6.50 per share. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. We'd point out that there was no major changes to their price target of US$13.63, suggesting the latest estimates were not enough to shift their view on the value of the business.
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