Cantor Fitzgerald Weighs in on Rocket Lab USA FY2026 Earnings

Rocket Lab USA, Inc. (NASDAQ:RKLB - Free Report) - Analysts at Cantor Fitzgerald issued their FY2026 EPS estimates for shares of Rocket Lab USA in a research note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst A. Sheppard anticipates that the rocket manufacturer will earn ($0.06) per share for the year. Cantor Fitzgerald has a "Overweight" rating and a $35.00 price objective on the stock. The consensus estimate for Rocket Lab USA's current full-year earnings is ($0.38) per share.

A number of other research analysts have also issued reports on the company. Morgan Stanley lifted their target price on Rocket Lab USA from $18.00 to $20.00 and gave the stock an "equal weight" rating in a report on Monday, March 10th. KeyCorp reaffirmed an "overweight" rating on shares of Rocket Lab USA in a research note on Tuesday, June 3rd. TD Cowen upgraded shares of Rocket Lab USA to a "strong-buy" rating in a report on Monday, February 24th. Stifel Nicolaus raised their target price on shares of Rocket Lab USA from $29.00 to $34.00 and gave the stock a "buy" rating in a report on Wednesday, May 28th. Finally, Roth Capital upped their price target on Rocket Lab USA from $25.00 to $35.00 and gave the company a "buy" rating in a report on Wednesday, May 28th. Five equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $26.18.

Rocket Lab USA Stock Performance

Shares of NASDAQ:RKLB traded down $0.96 on Tuesday, hitting $26.40. The company's stock had a trading volume of 12,770,803 shares, compared to its average volume of 18,669,504. The company has a market capitalization of $11.97 billion, a price-to-earnings ratio of -71.35 and a beta of 2.08. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.16 and a current ratio of 2.58. Rocket Lab USA has a 12 month low of $4.20 and a 12 month high of $33.34. The stock's 50-day moving average is $23.20 and its two-hundred day moving average is $23.77.

Rocket Lab USA (NASDAQ:RKLB - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The rocket manufacturer reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.02). Rocket Lab USA had a negative net margin of 51.76% and a negative return on equity of 39.47%. The firm had revenue of $122.57 million for the quarter, compared to analyst estimates of $120.74 million. During the same period in the prior year, the company posted ($0.09) earnings per share. The business's revenue was up 32.1% on a year-over-year basis.

Institutional Trading of Rocket Lab USA

A number of institutional investors have recently modified their holdings of RKLB. Stratos Wealth Partners LTD. acquired a new stake in shares of Rocket Lab USA during the 4th quarter worth approximately $1,281,000. Empowered Funds LLC bought a new stake in Rocket Lab USA during the fourth quarter worth $288,000. Entropy Technologies LP acquired a new stake in shares of Rocket Lab USA in the 4th quarter valued at $1,044,000. Newbridge Financial Services Group Inc. bought a new position in shares of Rocket Lab USA in the 4th quarter valued at $76,000. Finally, Wingate Wealth Advisors Inc. acquired a new position in shares of Rocket Lab USA during the 4th quarter worth $40,000. 71.78% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Rocket Lab USA news, insider Frank Klein sold 1,835 shares of Rocket Lab USA stock in a transaction on Monday, March 17th. The shares were sold at an average price of $19.93, for a total transaction of $36,571.55. Following the completion of the transaction, the insider now directly owns 1,417,644 shares of the company's stock, valued at $28,253,644.92. The trade was a 0.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Arjun Kampani sold 5,194 shares of the business's stock in a transaction on Monday, June 9th. The shares were sold at an average price of $30.00, for a total value of $155,820.00. Following the completion of the sale, the insider now owns 530,230 shares of the company's stock, valued at $15,906,900. This trade represents a 0.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 144,677 shares of company stock worth $3,517,479. Company insiders own 13.70% of the company's stock.

Rocket Lab USA Company Profile

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.