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 year. 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 Wall Street research analysts have issued 12 month target prices for Rocket Lab USA's shares. Their RKLB share price targets range from $4.25 to $10.00. On average, they anticipate the company's share price to reach $7.46 in the next year. This suggests a possible upside of 110.3% 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 the year. Since then, RKLB stock has decreased by 35.8% and is now trading at $3.55. 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 Monday, May 6th 2024. View our RKLB earnings forecast .

How can I listen to Rocket Lab USA's earnings call?

Rocket Lab USA will be holding an earnings conference call on Monday, May 6th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Rocket Lab USA's earnings last quarter?

Rocket Lab USA, Inc. (NASDAQ:RKLB) posted its earnings results on Tuesday, February, 27th. The rocket manufacturer reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of ($0.09) by $0.01. The rocket manufacturer earned $59.99 million during the quarter, compared to analyst estimates of $62.90 million. Rocket Lab USA had a negative net margin of 74.64% and a negative trailing twelve-month return on equity of 30.54%. Rocket Lab USA's revenue for the quarter was up 15.9% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.08) EPS.

What ETFs hold Rocket Lab USA's stock?

ETFs with the largest weight of Rocket Lab USA (NASDAQ:RKLB) stock in their portfolio include Roundhill MEME ETF (MEME) , Procure Space ETF (UFO) , SPDR S&P Kensho Final Frontiers ETF (ROKT) , SPDR S&P Aerospace & Defense ETF (XAR) , SPDR Kensho Future Security ETF (FITE) , ARK Space Exploration & Innovation ETF (ARKX) , ARK Autonomous Technology & Robotics ETF (ARKQ) and Strategas Macro Thematic Opportunities ETF (SAMT) .

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

Rocket Lab USA updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $92.0 million-$98.0 million, compared to the consensus revenue estimate of $98.6 million.

Who are Rocket Lab USA's major shareholders?

Rocket Lab USA's stock is owned by a variety of retail and institutional investors. Top institutional investors include IMC Chicago LLC (0.00%), Hennion & Walsh Asset Management Inc. (0.01%), 180 Wealth Advisors LLC (0.01%) and Sanders Morris Harris LLC (0.01%). 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 .

NASDAQ:RKLB

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

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$3.55

-0.02 (-0.56%)

(As of 04/18/2024 ET)

Compare

Today's Range: $3.48
▼
$3.64
50-Day Range: $3.53
▼
$4.89
52-Week Range: $3.47
▼
$8.05

Volume: 4.98 million shs
Average Volume: 8.57 million shs
Market Capitalization: $1.74 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $7.46

Get Rocket Lab USA alerts:

Rocket Lab USA MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.86 Rating Score
Upside/Downside: 110.3% Upside
$7.46 Price Target
Short Interest: Bearish
19.59% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.08
Based on 9 Articles This Week
Insider Trading: Selling Shares
$418,854 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.42) to ($0.12) 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.

2.45 out of 5 stars

Aerospace Sector

25th out of 40 stocks

Guided Missiles & Space Vehicles & Parts Industry

3rd out of 5 stocks

3.4

Analyst's Opinion

Consensus Rating
Rocket Lab USA has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Rocket Lab USA has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
19.59% of the float of Rocket Lab USA has been sold short.
Short Interest Ratio / Days to Cover
Rocket Lab USA has a short interest ratio ("days to cover") of 6.4.
Change versus previous month
Short interest in Rocket Lab USA has recently increased by 9.68%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Rocket Lab USA does not currently pay a dividend.
Dividend Growth
Rocket Lab USA does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RKLB.

2.3

News and Social Media Coverage

News Sentiment
Rocket Lab USA has a news sentiment score of 0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Aerospace companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Rocket Lab USA this week, compared to 5 articles on an average week.
Search Interest
Only 47 people have searched for RKLB on MarketBeat in the last 30 days. This is a decrease of -30% compared to the previous 30 days.
MarketBeat Follows
33 people have added Rocket Lab USA to their MarketBeat watchlist in the last 30 days. This is an increase of 6% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Rocket Lab USA insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $418,854.00 in company stock.
Percentage Held by Insiders
15.00% of the stock of Rocket Lab USA is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
71.78% of the stock of Rocket Lab USA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Rocket Lab USA are expected to grow in the coming year, from ($0.42) to ($0.12) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Rocket Lab USA is -9.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Rocket Lab USA is -9.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Rocket Lab USA has a P/B Ratio of 0.31. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

RKLB Stock News Headlines

April 18, 2024 | businesswire.com

Rocket Lab Announces Board Change

April 18, 2024 | americanbankingnews.com

Rocket Lab USA (NASDAQ:RKLB) Reaches New 1-Year Low at $3.47

April 18, 2024 | Crypto 101 Media (Ad)

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April 16, 2024 | msn.com

Rocket Lab USA, Inc. (RKLB) Exceeds Market Returns: Some Facts to Consider

April 15, 2024 | benzinga.com

A Closer Look at Rocket Lab USA's Options Market Dynamics

April 13, 2024 | fool.com

Rocket Lab Wins Space Force Contract -- at Twice the Usual Price

April 13, 2024 | americanbankingnews.com

Rocket Lab USA (NASDAQ:RKLB) Shares Gap Up to $3.74

April 12, 2024 | msn.com

Space Force, Rocket Lab set new partnership that includes big Virginia launch

April 18, 2024 | Crypto 101 Media (Ad)

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April 12, 2024 | americanbankingnews.com

Rocket Lab USA (NASDAQ:RKLB) Sets New 12-Month Low at $3.66

April 11, 2024 | fool.com

Why Rocket Lab Stock Is Blasting Higher Today

April 11, 2024 | businesswire.com

Rocket Lab Selected by Space Systems Command to Build and Launch Spacecraft for Tactically Responsive Space (TacRS) Mission

April 10, 2024 | investorplace.com

$100K Starter Kit: 3 Stocks to Become a Millionaire by 2034

April 10, 2024 | fool.com

Why Rocket Lab, AST SpaceMobile, and Virgin Galactic Stocks Went Tumbling Today

April 10, 2024 | businesswire.com

Rocket Lab Returns Previously Flown Electron to Production Line in Preparation for First Reflight

April 9, 2024 | msn.com

Rocket Lab Bags $14.5M Launch Contract From US Space Force

April 9, 2024 | investorplace.com

7 Cheap Stocks on the Verge of Explosive Gains

April 8, 2024 | seekingalpha.com

Rocket Lab: FY24 Is Likely Going To Be A Pivotal Year

April 8, 2024 | businesswire.com

U.S. Space Force Awards Rocket Lab Launch Contract for Space Test Program (STP)-S30

April 4, 2024 | investorplace.com

The 3 Best Space Stocks to Buy in April 2024

April 3, 2024 | businesswire.com

Rocket Lab Announces Date of First Quarter 2024 Financial Results

April 1, 2024 | msn.com

Rocket Lab sets launch window for next Electron mission

April 1, 2024 | finance.yahoo.com

Rocket Lab Prepares to Launch Mission for KAIST and NASA to Deploy Satellites to Two Separate Orbits

March 31, 2024 | investorplace.com

3 Space Stocks to Buy Before the 2024 Total Solar Eclipse

March 25, 2024 | investorplace.com

3 Space Stocks That Could Be Multibaggers in the Making: March Edition

March 25, 2024 | investorplace.com

Hot Stocks: The 3 Best Opportunities for Investing in the Space Race

March 21, 2024 | fool.com

Why Rocket Lab Stock Popped Today

See More Headlines

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Company Calendar

Last Earnings: 2/27/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/06/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Aerospace
Industry: Guided missiles & space vehicles & parts
Sub-Industry: Air Freight & Logistics
Current Symbol: NASDAQ:RKLB
CUSIP: N/A
CIK: 1819994
Web: www.vectorcapital.com
Phone: 714-465-5737
Fax: N/A
Employees: 1,650
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $7.46
High Stock Price Target: $10.00
Low Stock Price Target: $4.25
Potential Upside/Downside: +110.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.86
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.38)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-182,570,000.00
Net Margins: -74.64%
Pretax Margin: -73.15%
Return on Equity: -30.54%
Return on Assets: -18.90%

Debt

Debt-to-Equity Ratio: 0.19
Current Ratio: 2.13
Quick Ratio: 1.65

Sales & Book Value

Annual Sales: $244.59 million
Price / Sales: 7.10
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $11.34 per share
Price / Book: 0.31

Miscellaneous

Outstanding Shares: 489,140,000
Free Float: 415,769,000
Market Cap: $1.74 billion
Optionable: Optionable
Beta: 1.17

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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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 year. 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 Wall Street research analysts have issued 12 month target prices for Rocket Lab USA's shares. Their RKLB share price targets range from $4.25 to $10.00. On average, they anticipate the company's share price to reach $7.46 in the next year. This suggests a possible upside of 110.3% 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 the year. Since then, RKLB stock has decreased by 35.8% and is now trading at $3.55.
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 Monday, May 6th 2024.
View our RKLB earnings forecast.
How can I listen to Rocket Lab USA's earnings call?: Rocket Lab USA will be holding an earnings conference call on Monday, May 6th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Rocket Lab USA's earnings last quarter?: Rocket Lab USA, Inc. (NASDAQ:RKLB) posted its earnings results on Tuesday, February, 27th. The rocket manufacturer reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of ($0.09) by $0.01. The rocket manufacturer earned $59.99 million during the quarter, compared to analyst estimates of $62.90 million. Rocket Lab USA had a negative net margin of 74.64% and a negative trailing twelve-month return on equity of 30.54%. Rocket Lab USA's revenue for the quarter was up 15.9% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.08) EPS.

What ETFs hold Rocket Lab USA's stock?: ETFs with the largest weight of Rocket Lab USA (NASDAQ:RKLB) stock in their portfolio include Roundhill MEME ETF (MEME), Procure Space ETF (UFO), SPDR S&P Kensho Final Frontiers ETF (ROKT), SPDR S&P Aerospace & Defense ETF (XAR), SPDR Kensho Future Security ETF (FITE), ARK Space Exploration & Innovation ETF (ARKX), ARK Autonomous Technology & Robotics ETF (ARKQ) and Strategas Macro Thematic Opportunities ETF (SAMT).
What guidance has Rocket Lab USA issued on next quarter's earnings?: Rocket Lab USA updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $92.0 million-$98.0 million, compared to the consensus revenue estimate of $98.6 million.
Who are Rocket Lab USA's major shareholders?: Rocket Lab USA's stock is owned by a variety of retail and institutional investors. Top institutional investors include IMC Chicago LLC (0.00%), Hennion & Walsh Asset Management Inc. (0.01%), 180 Wealth Advisors LLC (0.01%) and Sanders Morris Harris LLC (0.01%). 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 4/18/2024 by MarketBeat.com Staff

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