Rocket Lab USA, Inc. (RKLB)

NASDAQ: RKLB · IEX Real-Time Price · USD
5.28
+0.15 (2.92%)
At close: Jun 8, 2023, 4:00 PM
5.31
+0.03 (0.57%)
After-hours: Jun 8, 2023, 7:59 PM EDT
2.92%
Market Cap 2.53B
Revenue (ttm) 225.19M
Net Income (ttm) -154.85M
Shares Out 478.66M
EPS (ttm) -0.33
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,837,316
Open 5.14
Previous Close 5.13
Day's Range 5.04 - 5.28
52-Week Range 3.48 - 7.29
Beta 0.78
Analysts Buy
Price Target 7.63 (+44.51%)
Earnings Date May 9, 2023

About 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 engineering and 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... [Read more]

Sector Industrials
Founded 2006
Employees 1,400
Stock Exchange NASDAQ
Ticker Symbol RKLB
Full Company Profile

Financial Performance

In 2022, Rocket Lab USA's revenue was $211.00 million, an increase of 239.02% compared to the previous year's $62.24 million. Losses were -$135.94 million, 15.9% more than in 2021.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for RKLB stock is "Buy." The 12-month stock price forecast is $7.63, which is an increase of 44.51% from the latest price.

Price Target
$7.63
(44.51% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Rocket Lab to Present at Upcoming Conferences

LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, will take part in the following conferences in Jun...

3 days ago - Business Wire

Rocket Lab's private mission to Venus slips to 2025

Rocket Lab's mission to Venus, which was originally scheduled to launch last month, is “not imminent,” a spokesperson confirmed to TechCrunch. That means the mission will likely move ahead no earlier ...

1 week ago - TechCrunch

Space Flight Laboratory Selects Rocket Lab to Launch Telesat Broadband Satellite

LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it has signed a deal to ...

1 week ago - Business Wire
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Rocket Lab Successfully Launches Second Batch of TROPICS Satellites for NASA

MAHIA, New Zealand--(BUSINESS WIRE)---- $RKLB--Rocket Lab successfully completes the second of two Electron launches to deploy a constellation of tropical cyclone monitoring satellites for NASA.

1 week ago - Business Wire

Rocket Lab Prepares for Second TROPICS Launch to Deploy Storm Monitoring Constellation for NASA

MAHIA, New Zealand--(BUSINESS WIRE)---- $RKLB--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, is preparing for the second of two dedic...

2 weeks ago - Business Wire

Rocket Lab Buys Some Virgin Orbit Assets in Bankruptcy Auction

Aerospace company Rocket Lab USA purchased some assets from bankrupt space start-up Virgin Orbit. Rocket Lab probably got a deal.

Other symbols: VORBQ
2 weeks ago - Barrons

Rocket Lab agrees to pay $16 million for portion of Virgin Orbit assets

Rocket Lab USA RKLB, -8.69% said Tuesday it is finalizing an asset purchase agreement to buy certain aerospace production and manufacturing assets as part of Virgin Orbit Holdings's VORWQ, +28.79% cha...

Other symbols: VORBQ
2 weeks ago - Market Watch

Rocket Lab Bolsters Neutron Rocket Program with Purchase of Virgin Orbit Long Beach California Assets

LONG BEACH, Calif.--(BUSINESS WIRE)---- $RKLB--Rocket Lab today announced it has been selected as a successful bidder for the purchase of certain assets from Virgin Orbit.

2 weeks ago - Business Wire
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Virgin Orbit's launch business sold for parts to Vast, Stratolaunch, and Rocket Lab

Virgin Orbit, once valued at $3.7B, has been chopped up for parts. The company has concluded the auction for its assets, which were put up for sale as part of its Chapter 11 bankruptcy proceedings.

Other symbols: VORBQ
2 weeks ago - TechCrunch

Virgin Orbit sells assets in bankruptcy auction to Rocket Lab, Stratolaunch and Vast's Launcher

Bankrupt rocket company Virgin Orbit sold its assets and equipment to a trio of aerospace companies in an auction.

Other symbols: VORBQ
2 weeks ago - CNBC

Virgin Orbit to sell its manufacturing facility to Rocket Lab

Richard Branson's bankrupt satellite launch firm Virgin Orbit said in a Tuesday court filing it plans to sell the bulk of its Long Beach, California headquarters, including its machinery and equipment...

Other symbols: VORBQ
2 weeks ago - Reuters

Investing in Space: Is SpaceX's Starlink growing satellite internet market share, or taking it?

SpaceX's satellite internet Starlink now has more than 1.5 million subscribers, just over two and half years after the service debuted.

Other symbols: SPCEVSAT
3 weeks ago - CNBC

Rocket Lab Sets Date for Second NASA TROPICS Launch to Deploy Storm Monitoring Constellation

MAHIA, New Zealand--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, is preparing for the second of two dedicated Elect...

3 weeks ago - Business Wire
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Rocket Lab revenue increases slightly, company adds NASA launch contract

Rocket Lab's revenue increased slightly in the first quarter, but losses grew as well, as the spacecraft and launch company added a NASA contract.

1 month ago - CNBC

Rocket Lab Completes Custom-Built Photon Spacecraft for Varda Space Industries

LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it has completed and shi...

1 month ago - Business Wire

Rocket Lab Announces First Quarter 2023 Financial Results, Issues Guidance For Continued Growth In Second Quarter 2023

LONG BEACH, Calif.--(BUSINESS WIRE)---- $RKLB #earnings--Rocket Lab USA, a global leader in launch services and space systems, today shared the financial results for fiscal Q1 2023, ended March 31, 20...

1 month ago - Business Wire

Rocket Lab Successfully Launches First Batch of TROPICS Satellites for NASA

MAHIA, New Zealand--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, today successfully completed the first of two dedi...

1 month ago - Business Wire

Rocket Lab Prepares for First of Two Launches to Deploy Storm Monitoring Constellation for NASA

MAHIA, New Zealand--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, is preparing for the first of two dedicated Electr...

1 month ago - Business Wire

Rocket Lab Announces Date of First Quarter 2023 Financial Results

LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab today announced that it will release its financial results for the first quarter 2023 on Tuesday, May 9, 2023.

1 month ago - Business Wire

Rocket Lab to Take Next Major Step Toward Electron Reusability by Launching Pre-Flown Engine

LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, today announced it is taking the next major step i...

1 month ago - Business Wire

Rocket Lab CEO Peter Beck on building hypersonic technology

CNBC's Morgan Brennan with Rocket Lab CEO Peter Beck, join 'Closing Bell: Overtime' to discuss the company's plans to go hypersonic.

1 month ago - CNBC Television

Rocket Lab adds a suborbital launch option aimed at hypersonic defense customers

Rocket Lab is adding a new offering to its suite of services: Hypersonic suborbital launches. The new service will be available starting sometime in the first half of this year, when the company will ...

1 month ago - TechCrunch

Hypersonix to Partner With Launch Provider Rocket Lab for Initial Hypersonic Test Vehicle Launch

COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Hypersonix USA, Inc is partnering with established launch provider Rocket Lab USA, Inc for the first launch of DART AE.

1 month ago - Business Wire

Rocket Lab Introduces Suborbital Testbed Rocket, Selected for Hypersonic Test Flights

COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Rocket Lab USA, Inc (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, today formally introduced the HASTE rocket (Hy...

1 month ago - Business Wire

Rocket Lab Launches New Constellation-Class Star Tracker

LONG BEACH, Calif.--(BUSINESS WIRE)---- $RKLB--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced a new class of...

2 months ago - Business Wire