Rocket Lab USA Inc (RKLB) receives a Buy rating from Needham

In a filing, Rocket Lab USA Inc revealed its Chief Operations Officer Klein Frank unloaded Company’s shares for reported $0.81 million on Mar 14 ’25. In the deal valued at $18.18 per share,44,553 shares were sold. As a result of this transaction, Klein Frank now holds 1,419,479 shares worth roughly $36.91 million.

Then, Klein Frank sold 1,835 shares, generating $36,572 in total proceeds. Upon selling the shares at $19.93, the Chief Operations Officer now owns 1,417,644 shares.

Before that, Spice Adam C. sold 62,843 shares. Rocket Lab USA Inc shares valued at $1,142,574 were divested by the Chief Financial Officer at a price of $18.18 per share. As a result of the transaction, Spice Adam C. now holds 1,196,679 shares, worth roughly $31.11 million.

Needham initiated its Rocket Lab USA Inc [RKLB] rating to a Buy in a research note published on April 25, 2025; the price target was $28. A number of analysts have revised their coverage, including JMP Securities’s analysts, who began to cover the stock in mid September with a ‘”a Mkt perform”‘ rating. Morgan Stanley also remained covering RKLB and has decreased its forecast on July 15, 2024 with a “an Equal-weight” recommendation from previously “an Overweight” rating. BTIG Research started covering the stock on June 26, 2024. It rated RKLB as “a Neutral”.

Price Performance Review of RKLB

On Tuesday, Rocket Lab USA Inc [NASDAQ:RKLB] saw its stock jump 0.78% to $26.00. Over the last five days, the stock has gained 19.10%. Rocket Lab USA Inc shares have risen nearly 2.08% since the year began. Nevertheless, the stocks have risen 513.21% over the past one year. While a 52-week high of $33.34 was reached on 01/24/25, a 52-week low of $4.15 was recorded on 04/07/25. SMA at 50 days reached $20.44, while 200 days put it at $17.86.

Levels Of Support And Resistance For RKLB Stock

The 24-hour chart illustrates a support level at 25.43, which if violated will result in even more drops to 24.86. On the upside, there is a resistance level at 26.48. A further resistance level may holdings at 26.97. The Relative Strength Index (RSI) on the 14-day chart is 66.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.53, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.44%. Stochastics %K at 96.65% indicates the stock is a selling.

The most recent change occurred on June 11, 2024 when Goldman began covering the stock and recommended ‘”a Neutral”‘ rating along with a $4.50 price target.

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