5 Stocks That Will 10x in 5 Years According to the Analysts

3. Rocket Lab USA, Inc. (NASDAQ:RKLB)

Number of Hedge Fund Holders: 13

Average Analyst Price Target Upside: 84.18%

Rocket Lab USA, Inc. (NASDAQ:RKLB) is a California-based space company that offers launch services and space systems solutions for the space and defense industries. In the fourth quarter of 2023, 13 hedge funds had stakes in Rocket Lab USA, Inc. (NASDAQ:RKLB), with total positions worth $107.604 million.

Rocket Lab USA, Inc. (NASDAQ:RKLB) is one of the stocks that will 10x in 5 years according to analysts. On May 7, Citi lowered the price target on the stock to $5.45 from $6 and kept a Buy rating on the shares.

As of May 10, Rocket Lab USA, Inc. (NASDAQ:RKLB) has Buy-equivalent ratings as per the 10 out of 11 Wall Street analysts that have covered it. The average price target of $7.57 has an upside of 84.18% from the present levels.

Follow Rocket Lab Usa Inc.