NASDAQ:RKLB

Rocket Lab USA (RKLB) Stock Price, News & Analysis

$4.47
+0.31 (+7.45%)
(As of 12:46 PM ET)
Today's Range
$4.24
$4.50
50-Day Range
$3.53
$4.48
52-Week Range
$3.47
$8.05
Volume
8.48 million shs
Average Volume
8.39 million shs
Market Capitalization
$2.20 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.39

Rocket Lab USA MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
65.6% Upside
$7.39 Price Target
Short Interest
Bearish
20.84% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.39mentions of Rocket Lab USA in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$418,854 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.41) to ($0.23) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.60 out of 5 stars

Aerospace Sector

67th out of 123 stocks

Guided Missiles & Space Vehicles & Parts Industry

7th out of 15 stocks

RKLB stock logo

About Rocket Lab USA Stock (NASDAQ:RKLB)

Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets. It also designs, manufactures, and sells Electron, a reusable orbital-class small rocket; and the Photon satellite platforms, as well as developing the Neutron 8-ton payload class launch vehicle; conducts remote launch activities; and designs and manufactures a range of components and subsystems for the Photon family of spacecraft and broader merchant spacecraft components. The company serves commercial, aerospace prime contractors, and government customers. Rocket Lab USA, Inc. was founded in 2006 and is headquartered in Long Beach, California.

RKLB Stock Price History

RKLB Stock News Headlines

Rocket Lab Stock Drops but Could Still Launch Higher
Rocket Lab USA Inc. NASDAQ: RKLB is one of the small-cap aerospace stocks to watch in the emerging space industry. Like many small-cap stocks, strong price movement in either direction is common.
Rocket Lab Stock Drops but Could Still Launch Higher
The dip in Rocket Lab stock after earnings has erased a year of gains, but growing revenue could make this a buying opportunity for risk-tolerant investors
Rocket Lab USA (NASDAQ:RKLB) Trading Down 4.5%
The 3 Best Space Stocks to Buy in May 2024
Rocket Lab USA (NASDAQ:RKLB) Price Target Cut to $5.45
Why Rocket Lab Stock Just Tumbled 8%
See More Headlines
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Company Calendar

Last Earnings
5/06/2024
Today
5/14/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Guided missiles & space vehicles & parts
Sub-Industry
Air Freight & Logistics
Current Symbol
NASDAQ:RKLB
Fax
N/A
Employees
1,650
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.39
High Stock Price Target
$10.00
Low Stock Price Target
$4.25
Potential Upside/Downside
+77.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$-182,570,000.00
Pretax Margin
-63.05%

Debt

Sales & Book Value

Annual Sales
$244.59 million
Book Value
$11.34 per share

Miscellaneous

Free Float
425,269,000
Market Cap
$2.05 billion
Optionable
Optionable
Beta
1.18
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Key Executives

  • Mr. Peter Beck (Age 47)
    Founder, Chairman, President & CEO
    Comp: $837.82k
  • Mr. Adam Spice (Age 55)
    CFO, Secretary & Treasurer
    Comp: $593.73k
  • Mr. Arjun L. Kampani (Age 52)
    Senior VP, General Counsel & Corporate Secretary
    Comp: $506.23k
  • Mr. Shaun O'Donnell (Age 46)
    Chief Engineer of Special Programs
    Comp: $326.54k
  • Mr. Brad Warezak
    Chief Information Officer
  • Mr. Colin Canfield
    Investor Relations Manager
  • Ms. Morgan Bailey
    Senior Director of Communications
  • Ms. Connie Lundgren
    Vice President of People & Culture
  • Mr. Ehson Mosleh
    Space Systems Chief Engineer
  • Gideon Massey
    Financial Planning & Analyst Manager

RKLB Stock Analysis - Frequently Asked Questions

Should I buy or sell Rocket Lab USA stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rocket Lab USA in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" RKLB shares.
View RKLB analyst ratings
or view top-rated stocks.

What is Rocket Lab USA's stock price target for 2024?

7 brokers have issued 12-month price targets for Rocket Lab USA's stock. Their RKLB share price targets range from $4.25 to $10.00. On average, they expect the company's share price to reach $7.39 in the next year. This suggests a possible upside of 65.6% from the stock's current price.
View analysts price targets for RKLB
or view top-rated stocks among Wall Street analysts.

How have RKLB shares performed in 2024?

Rocket Lab USA's stock was trading at $5.53 at the beginning of 2024. Since then, RKLB stock has decreased by 19.3% and is now trading at $4.46.
View the best growth stocks for 2024 here
.

When is Rocket Lab USA's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our RKLB earnings forecast
.

How were Rocket Lab USA's earnings last quarter?

Rocket Lab USA, Inc. (NASDAQ:RKLB) issued its earnings results on Monday, May, 6th. The rocket manufacturer reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.11) by $0.02. The rocket manufacturer earned $92.80 million during the quarter, compared to the consensus estimate of $94.98 million. Rocket Lab USA had a negative trailing twelve-month return on equity of 32.50% and a negative net margin of 64.15%. Rocket Lab USA's revenue was up 69.0% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.10) EPS.

What guidance has Rocket Lab USA issued on next quarter's earnings?

Rocket Lab USA updated its second quarter 2024 earnings guidance on Monday, May, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $105.0 million-$110.0 million, compared to the consensus revenue estimate of $106.2 million.

Who are Rocket Lab USA's major shareholders?

Rocket Lab USA's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.93%), Sumitomo Mitsui Trust Holdings Inc. (0.35%), Nikko Asset Management Americas Inc. (0.35%), Tocqueville Asset Management L.P. (0.26%), IMC Chicago LLC (0.00%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Adam C Spice, Arjun Kampani, Michael D Griffin, Peter Beck and Shaun O'donnell.
View institutional ownership trends
.

How do I buy shares of Rocket Lab USA?

Shares of RKLB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RKLB) was last updated on 5/14/2024 by MarketBeat.com Staff

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