NASDAQ:RKLB

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

$4.30

-0.09 (-2.05%)

(As of 10:21 AM ET)

Compare

Today's Range: $4.28
▼
$4.37
50-Day Range: $4.24
▼
$7.62
52-Week Range: $3.48
▼
$8.05

Volume: 472,904 shs
Average Volume: 4.04 million shs
Market Capitalization: $2.08 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $8.53

Rocket Lab USA MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 96.9% Upside
$8.53 Price Target
Short Interest: Bearish
7.38% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.22
Based on 14 Articles This Week
Insider Trading: Selling Shares
$20.94 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.37) to ($0.24) Per Share

Overall MarketRank^™

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

2.20 out of 5 stars

Aerospace Sector

22nd out of 44 stocks

Guided Missiles & Space Vehicles & Parts Industry

3rd out of 6 stocks

4.3

Analyst's Opinion

Consensus Rating
Rocket Lab USA has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $8.53, Rocket Lab USA has a forecasted upside of 96.9% from its current price of $4.33.
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.

1.0

Short Interest

Percentage of Shares Shorted
7.38% 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 4.2.
Change versus previous month
Short interest in Rocket Lab USA has recently increased by 7.34%, 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 0.22. 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 0.54 average news sentiment score of Aerospace companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for Rocket Lab USA this week, compared to 4 articles on an average week.
Search Interest
Only 40 people have searched for RKLB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
18 people have added Rocket Lab USA to their MarketBeat watchlist in the last 30 days. This is an increase of 80% 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 $20,944,469.00 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 ($0.37) to ($0.24) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Rocket Lab USA is -12.37, 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 -12.37, 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 3.05. 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 (NASDAQ:RKLB) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

RKLB Stock News Headlines

September 30, 2023 | americanbankingnews.com

Rocket Lab USA (NASDAQ:RKLB) Price Target Cut to $10.00 by Analysts at Stifel Nicolaus

September 29, 2023 | americanbankingnews.com

TD Cowen Trims Rocket Lab USA (NASDAQ:RKLB) Target Price to $8.00

October 3, 2023 | Edge On The Street (Ad)

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September 28, 2023 | msn.com

Stifel Maintains Rocket Lab USA (RKLB) Buy Recommendation

September 28, 2023 | americanbankingnews.com

Rocket Lab USA's (RKLB) Buy Rating Reiterated at Roth Mkm

September 27, 2023 | msn.com

Rocket Lab Cuts Q3 Guidance On Satellite Launch Mission's Premature Termination

September 27, 2023 | markets.businessinsider.com

Analysts Conflicted on These Technology Names: Rocket Lab USA (RKLB), TD SYNNEX Corporation (SNX) and Arqit Quantum (ARQQ)

September 26, 2023 | finance.yahoo.com

Rocket Lab Provides Update on Prior Q3 Guidance

October 3, 2023 | Edge On The Street (Ad)

Is Gold Really Boring?

September 25, 2023 | benzinga.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rocket Lab USA, Inc. - RKLB

September 21, 2023 | proactiveinvestors.com

Rocket Lab falls sharply on launch failure

September 20, 2023 | msn.com

Rocket Lab’s stock dives after latest launch ends in failure

September 20, 2023 | seekingalpha.com

Rocket Lab's Recent Setback: Implications And Financial Outlook

September 20, 2023 | msn.com

Rocket Lab Stock Is Plunging After a Launch Failure. The Drop Makes Sense.

September 19, 2023 | msn.com

Rocket Lab's shares tank as latest mission ends abruptly

September 19, 2023 | marketwatch.com

Rocket Lab Shares Fall Premarket on Failed Mission >RKLB

September 19, 2023 | msn.com

Rocket Lab slides after launch failure leads to a loss of payload

September 19, 2023 | msn.com

Rocket Lab (NASDAQ:RKLB) Plummets After Rocket Launch Failure

September 19, 2023 | investorplace.com

Rocket Lab (RKLB) Stock Crashes Following Launch Failure

September 19, 2023 | za.investing.com

Rocket Lab shares sink as the company reports loss of its 41st mission, postpones further launches

September 19, 2023 | msn.com

Rocket Lab's latest mission ends abruptly after lift-off, shares tank

September 19, 2023 | msn.com

Rocket Lab USA Stock Is Plunging On Tuesday - What's Going On?

September 19, 2023 | finance.yahoo.com

Rocket Lab Stock Is Plunging After a Launch Failure

September 15, 2023 | msn.com

Why Rocket Lab Stock Fell This Week

September 14, 2023 | finance.yahoo.com

Insider Sell: Rocket Lab USA Inc's CEO Peter Beck Sells 3,600,000 Shares

September 13, 2023 | finance.yahoo.com

SpaceX competition: Rocket Lab will be 'nipping at Elon's heels,' investor says

September 13, 2023 | msn.com

Rocket Lab Lands Deal With Leidos For Four HASTE Missions Launch

See More Headlines

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RKLB Company Calendar

Last Earnings: 8/08/2023
Today: 10/03/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 12/31/2023

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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 Forecast: $8.53
High Stock Price Forecast: $15.00
Low Stock Price Forecast: $3.00
Forecasted Upside/Downside: +94.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.35)
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: -70.47%
Pretax Margin: -69.62%
Return on Equity: -24.98%
Return on Assets: -16.49%

Debt

Debt-to-Equity Ratio: 0.03
Current Ratio: 1.83
Quick Ratio: 1.50

Sales & Book Value

Annual Sales: $211 million
Price / Sales: 10.06
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.42 per share
Price / Book: 3.09

Miscellaneous

Outstanding Shares: 483,330,000
Free Float: 410,828,000
Market Cap: $2.12 billion
Optionable: Not Optionable
Beta: 1.23

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Key Executives

Mr. Peter Beck (Age 46)
Founder, Chairman, Pres & CEO
Comp: $837.82k

Mr. Adam Spice (Age 54)
CFO, Sec. & Treasurer
Comp: $593.73k

Mr. Arjun L. Kampani (Age 51)
Sr. VP, Gen. Counsel & Corp. Sec.
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 Mang.

Ms. Morgan Bailey
Sr. Director of Communications

Mr. Ehson Mosleh
Space Systems Chief Engineer

Gideon Massey
Financial Planning & Analyst Mang.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RKLB Stock - Frequently Asked Questions

Should I buy or sell Rocket Lab USA stock right now?: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rocket Lab USA in the last twelve months. There are currently 1 sell rating, 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 forecast for 2023?: 8 analysts have issued 1 year target prices for Rocket Lab USA's shares. Their RKLB share price forecasts range from $3.00 to $15.00. On average, they expect the company's stock price to reach $8.53 in the next twelve months. This suggests a possible upside of 94.3% 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 2023?: Rocket Lab USA's stock was trading at $3.77 at the beginning of 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 Wednesday, November 8th 2023.
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 Tuesday, August, 8th. The rocket manufacturer reported ($0.10) earnings per share for the quarter, meeting the consensus estimate of ($0.10). The rocket manufacturer earned $62.05 million during the quarter, compared to the consensus estimate of $61.68 million. Rocket Lab USA had a negative trailing twelve-month return on equity of 24.98% and a negative net margin of 70.47%.
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 updated 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.
What is Rocket Lab USA's stock symbol?: Rocket Lab USA trades on the NASDAQ under the ticker symbol "RKLB."
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.
What is Rocket Lab USA's stock price today?: One share of RKLB stock can currently be purchased for approximately $4.39.
How much money does Rocket Lab USA make?: Rocket Lab USA (NASDAQ:RKLB) has a market capitalization of $2.12 billion and generates $211 million in revenue each year. The rocket manufacturer earns $-135,940,000.00 in net income (profit) each year or ($0.35) on an earnings per share basis.
How many employees does Rocket Lab USA have?: The company employs 1,400 workers across the globe.
How can I contact Rocket Lab USA?: Rocket Lab USA's mailing address is One Market Street Steuart Tower 23rd Floor, San Francisco CA, 94105. The official website for the company is www.vectorcapital.com. The rocket manufacturer can be reached via phone at 714-465-5737 or via email at mac@vectorcapital.com.

This page (NASDAQ:RKLB) was last updated on 10/3/2023 by MarketBeat.com Staff

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

Rocket Lab USA MarketRank™ Forecast

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 (NASDAQ:RKLB) Stock

RKLB Price History

RKLB Stock News Headlines

RKLB Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

RKLB Stock - Frequently Asked Questions

Overall MarketRank^™