Rocket Lab USA (RKLB) Projected to Post Quarterly Earnings on Thursday

Rocket Lab USA (NASDAQ:RKLB - Get Free Report) is expected to announce its Q1 2025 earnings results after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of ($0.12) per share and revenue of $120.74 million for the quarter. Rocket Lab USA has set its Q1 2025 guidance at EPS.

Rocket Lab USA (NASDAQ:RKLB - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The rocket manufacturer reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.01). The business had revenue of $132.39 million during the quarter, compared to analysts' expectations of $130.58 million. Rocket Lab USA had a negative return on equity of 39.47% and a negative net margin of 51.76%. On average, analysts expect Rocket Lab USA to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Rocket Lab USA Stock Performance

RKLB traded up $0.87 during midday trading on Friday, reaching $22.99. The company had a trading volume of 12,697,495 shares, compared to its average volume of 15,581,844. The business has a 50-day moving average price of $19.46 and a two-hundred day moving average price of $21.67. Rocket Lab USA has a 12-month low of $3.66 and a 12-month high of $33.34. The stock has a market cap of $10.43 billion, a PE ratio of -62.13 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.

Wall Street Analyst Weigh In

Several brokerages have commented on RKLB. Stifel Nicolaus raised their price target on shares of Rocket Lab USA from $26.00 to $31.00 and gave the company a "buy" rating in a report on Wednesday, January 8th. Citigroup reduced their price target on shares of Rocket Lab USA from $35.00 to $33.00 and set a "buy" rating on the stock in a research report on Friday, February 28th. TD Cowen raised Rocket Lab USA to a "strong-buy" rating in a research note on Monday, February 24th. Morgan Stanley lifted their target price on shares of Rocket Lab USA from $18.00 to $20.00 and gave the stock an "equal weight" rating in a research note on Monday, March 10th. Finally, Wells Fargo & Company dropped their price objective on Rocket Lab USA from $21.00 to $18.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Five research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $23.25.

Insider Buying and Selling

In other news, insider Frank Klein sold 1,835 shares of the business's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $19.93, for a total value of $36,571.55. Following the transaction, the insider now owns 1,417,644 shares of the company's stock, valued at approximately $28,253,644.92. The trade was a 0.13 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 13.70% of the stock is currently owned by company insiders.

About Rocket Lab USA

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.