Rocket Lab USA (RKLB) shares surged 9.05% to close at $72.32, tracking a broader market rebound and supported by a highly bullish short-term forecast.
- Analysts project a potential 104.96% upside within the next three months, citing strong fundamentals despite the lack of RKLB-specific news.
- The bullish thesis emphasizes expected 48% revenue growth to $155 million, 37% margins, and a substantial $1 billion backlog, alongside the potential of the Neutron rocket.
- Trading volume surged to 14 million shares, with the stock continuing to climb 1.70% to $73.55 in after-hours trading.