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

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rocket Lab USA in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 twelve-month target prices for Rocket Lab USA's shares. Their RKLB share price targets range from $5.00 to $10.00. On average, they anticipate the company's stock price to reach $7.82 in the next year. This suggests a possible upside of 78.2% 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 2023?

Rocket Lab USA's stock was trading at $3.77 on January 1st, 2023. Since then, RKLB stock has increased by 16.4% and is now trading at $4.39. View the best growth stocks for 2023 here .

When is Rocket Lab USA's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024. View our RKLB earnings forecast .

How were Rocket Lab USA's earnings last quarter?

Rocket Lab USA, Inc. (NASDAQ:RKLB) announced its quarterly earnings results on Wednesday, November, 8th. The rocket manufacturer reported ($0.08) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.09) by $0.01. The rocket manufacturer earned $67.66 million during the quarter, compared to analysts' expectations of $67.56 million. Rocket Lab USA had a negative net margin of 71.62% and a negative trailing twelve-month return on equity of 26.98%. The firm's revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.07) 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 Procure Space ETF (UFO) , Roundhill MEME ETF (MEME) , SPDR S&P Kensho Final Frontiers ETF (ROKT) , SPDR S&P Aerospace & Defense ETF (XAR) , ARK Space Exploration & Innovation ETF (ARKX) , SPDR Kensho Future Security ETF (FITE) , Strategas Macro Thematic Opportunities ETF (SAMT) and ARK Autonomous Technology & Robotics ETF (ARKQ) .

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

Rocket Lab USA issued an update on its third quarter 2023 earnings guidance on Wednesday, September, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $66.00 million-$68.00 million, compared to the consensus revenue estimate of $74.50 million.

Who are Rocket Lab USA's major shareholders?

Rocket Lab USA's stock is owned by a number of retail and institutional investors. Top institutional investors include StepStone Group LP (1.70%), ARK Investment Management LLC (0.93%), Northern Trust Corp (0.53%), Charles Schwab Investment Management Inc. (0.43%), Sumitomo Mitsui Trust Holdings Inc. (0.33%) and Bank of New York Mellon Corp (0.29%). 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

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

$4.39

-0.01 (-0.23%)

(As of 04:00 PM ET)

Compare

Today's Range: $4.35
▼
$4.64
50-Day Range: $4.09
▼
$4.86
52-Week Range: $3.48
▼
$8.05

Volume: 4.88 million shs
Average Volume: 4.01 million shs
Market Capitalization: $2.13 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $7.82

Rocket Lab USA MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.71 Rating Score
Upside/Downside: 73.8% Upside
$7.82 Price Target
Short Interest: Healthy
7.00% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.32
Based on 2 Articles This Week
Insider Trading: Selling Shares
$20.47 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.38) to ($0.31) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.53 out of 5 stars

Aerospace Sector

8th out of 44 stocks

Guided Missiles & Space Vehicles & Parts Industry

1st out of 7 stocks

4.4

Analyst's Opinion

Consensus Rating
Rocket Lab USA has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $7.82, Rocket Lab USA has a forecasted upside of 73.8% from its current price of $4.50.
Amount of Analyst Coverage
Rocket Lab USA has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
7.00% 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 4.9.
Change versus previous month
Short interest in Rocket Lab USA has recently decreased by 6.99%, indicating that investor sentiment is improving 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.

3.0

News and Social Media Coverage

News Sentiment
Rocket Lab USA has a news sentiment score of 1.32. 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 higher news sentiment than the 0.44 average news sentiment score of Aerospace companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Rocket Lab USA this week, compared to 3 articles on an average week.
Search Interest
26 people have searched for RKLB on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added Rocket Lab USA to their MarketBeat watchlist in the last 30 days. This is a decrease of -30% compared to the previous 30 days.

2.5

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 $20,473,491.00 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
54.19% 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.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Rocket Lab USA are expected to grow in the coming year, from ($0.38) to ($0.31) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Rocket Lab USA is -12.50, 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 -12.50, 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 3.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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 small orbital launch vehicles 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

November 27, 2023 | markets.businessinsider.com

3 Space Stocks to Buy for Long-Term Growth Potential

November 18, 2023 | marketwatch.com

Rocket Lab USA Opening Space Structure Complex in Maryland

November 29, 2023 | Tomorrow Investor (Ad)

The Only Practical Solution to the World’s Looming Energy Crisis

There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

November 17, 2023 | msn.com

Rocket Lab to establish Space Structures Complex in Baltimore county to supply advanced composite products

November 17, 2023 | msn.com

Space rocket maker expands to Middle River with production plant

November 16, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Industrial Goods Companies: TopBuild (BLD), Rocket Lab USA (RKLB) and Plug Power (PLUG)

November 16, 2023 | finance.yahoo.com

With 29% ownership, Rocket Lab USA, Inc. (NASDAQ:RKLB) has piqued the interest of institutional investors

November 14, 2023 | markets.businessinsider.com

Rocket Lab (NASDAQ:RKLB): What Lies Ahead for this Penny Stock?

November 29, 2023 | Tomorrow Investor (Ad)

The Only Practical Solution to the World’s Looming Energy Crisis

There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!

November 11, 2023 | markets.businessinsider.com

Rocket Lab USA: Strong Buy Recommendation Based on Expected Resumption of Launches, Increasing Reusability, and Promising Neutron Vehicle Development

November 9, 2023 | finance.yahoo.com

Rocket Lab USA, Inc. (NASDAQ:RKLB) Q3 2023 Earnings Call Transcript

November 9, 2023 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: Rocket Lab USA (RKLB), Veeva Systems (VEEV) and Coupang (CPNG)

November 9, 2023 | seekingalpha.com

Rocket Lab USA, Inc. 2023 Q3 - Results - Earnings Call Presentation

November 8, 2023 | msn.com

Rocket Lab set sights for next Electron launch, concludes review into September anomaly

November 8, 2023 | finance.yahoo.com

Rocket Lab Announces Third Quarter 2023 Financial Results, Issues Guidance For Fourth Quarter 2023 and Revenue Guidance for First Quarter 2024

November 8, 2023 | finance.yahoo.com

Rocket Lab Adds New HASTE Launch from Virginia for the Department of Defense’s Defense Innovation Unit

November 8, 2023 | finance.yahoo.com

Rocket Lab Sets Next Electron Launch Window, Provides Update on Anomaly Review

November 7, 2023 | seekingalpha.com

Rocket Lab Q3 Earnings Preview: Revenue Growth In Focus

November 1, 2023 | finance.yahoo.com

Rocket Lab Welcomes Lt. Gen. Nina Armagno to Board of Directors

November 1, 2023 | finance.yahoo.com

Analysts Estimate Rocket Lab USA, Inc. (RKLB) to Report a Decline in Earnings: What to Look Out for

October 27, 2023 | msn.com

Cantor Fitzgerald Initiates Coverage of Rocket Lab USA (RKLB) with Overweight Recommendation

October 26, 2023 | investorplace.com

2 Big Reasons Rocket Lab (RKLB) Stock Is Up Today

October 26, 2023 | msn.com

Rocket Lab: Cantor initiates coverage with Overweight, sees proven launch track record

October 25, 2023 | finance.yahoo.com

Rocket Lab Receives Federal Aviation Administration Authorization to Resume Launches

October 25, 2023 | cnbc.com

Rocket Lab expects to resume Electron launches before year-end after September failure

October 18, 2023 | finance.yahoo.com

Rocket Lab Integrating Twin Spacecraft for Mission to Mars for NASA

October 12, 2023 | finance.yahoo.com

Rocket Lab Announces Date of Third Quarter 2023 Financial Results

See More Headlines

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Company Calendar

Last Earnings: 11/08/2023
Today: 11/29/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/27/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Guided missiles & space vehicles & parts
Sub-Industry: Air Freight & Logistics
Sector: Aerospace
Current Symbol: NASDAQ:RKLB
CUSIP: N/A
CIK: 1819994
Web: www.vectorcapital.com
Phone: 714-465-5737
Fax: N/A
Employees: 1,400
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $7.82
High Stock Price Target: $10.00
Low Stock Price Target: $5.00
Potential Upside/Downside: +75.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.71
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.36)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-135,940,000.00
Net Margins: -71.62%
Pretax Margin: -70.93%
Return on Equity: -26.98%
Return on Assets: -17.31%

Debt

Debt-to-Equity Ratio: 0.03
Current Ratio: 1.67
Quick Ratio: 1.33

Sales & Book Value

Annual Sales: $211 million
Price / Sales: 10.27
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.21 per share
Price / Book: 3.69

Miscellaneous

Outstanding Shares: 485,890,000
Free Float: 413,004,000
Market Cap: $2.17 billion
Optionable: Not Optionable
Beta: 1.23

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Key Executives

Mr. Peter Beck (Age 46)
Founder, Chairman, President & CEO
Comp: $837.82k
Mr. Adam Spice (Age 54)
CFO, Secretary & Treasurer
Comp: $593.73k
Mr. Arjun L. Kampani (Age 51)
Senior VP, General Counsel & Corporate Secretary
Comp: $506.23k
Mr. Shaun O'Donnell (Age 45)
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
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 analysts have issued "buy," "hold," and "sell" ratings for Rocket Lab USA in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 twelve-month target prices for Rocket Lab USA's shares. Their RKLB share price targets range from $5.00 to $10.00. On average, they anticipate the company's stock price to reach $7.82 in the next year. This suggests a possible upside of 78.2% 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 2023?: Rocket Lab USA's stock was trading at $3.77 on January 1st, 2023. Since then, RKLB stock has increased by 16.4% and is now trading at $4.39.
View the best growth stocks for 2023 here.
When is Rocket Lab USA's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our RKLB earnings forecast.
How were Rocket Lab USA's earnings last quarter?: Rocket Lab USA, Inc. (NASDAQ:RKLB) announced its quarterly earnings results on Wednesday, November, 8th. The rocket manufacturer reported ($0.08) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.09) by $0.01. The rocket manufacturer earned $67.66 million during the quarter, compared to analysts' expectations of $67.56 million. Rocket Lab USA had a negative net margin of 71.62% and a negative trailing twelve-month return on equity of 26.98%. The firm's revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.07) 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 Procure Space ETF (UFO), Roundhill MEME ETF (MEME), SPDR S&P Kensho Final Frontiers ETF (ROKT), SPDR S&P Aerospace & Defense ETF (XAR), ARK Space Exploration & Innovation ETF (ARKX), SPDR Kensho Future Security ETF (FITE), Strategas Macro Thematic Opportunities ETF (SAMT) and ARK Autonomous Technology & Robotics ETF (ARKQ).
What guidance has Rocket Lab USA issued on next quarter's earnings?: Rocket Lab USA issued an update on its third quarter 2023 earnings guidance on Wednesday, September, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $66.00 million-$68.00 million, compared to the consensus revenue estimate of $74.50 million.
Who are Rocket Lab USA's major shareholders?: Rocket Lab USA's stock is owned by a number of retail and institutional investors. Top institutional investors include StepStone Group LP (1.70%), ARK Investment Management LLC (0.93%), Northern Trust Corp (0.53%), Charles Schwab Investment Management Inc. (0.43%), Sumitomo Mitsui Trust Holdings Inc. (0.33%) and Bank of New York Mellon Corp (0.29%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:RKLB) was last updated on 11/29/2023 by MarketBeat.com Staff

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

Rocket Lab USA MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Rocket Lab USA Stock (NASDAQ:RKLB)

RKLB Stock Price History

RKLB Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

RKLB Stock Analysis - Frequently Asked Questions

Overall MarketRank^™