Rocket LabRKLB
About: Rocket Lab USA Inc is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defense, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered multiple satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments being Launch Services and Space systems. Geographically it serves Japan, Germany, rest of the world and earns key revenue from the United States.
Employees: 1,650
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
152% more call options, than puts
Call options by funds: $253M | Put options by funds: $101M
148% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 29
89% more capital invested
Capital invested by funds: $1.32B [Q2] → $2.5B (+$1.18B) [Q3]
19% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 74
18% more funds holding
Funds holding: 238 [Q2] → 281 (+43) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 6 [Q2] → 6 (+0) [Q3]
4.17% less ownership
Funds ownership: 55.92% [Q2] → 51.75% (-4.17%) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Wells Fargo Matthew Akers 33% 1-year accuracy 15 / 46 met price target | 12%downside $22 | Equal-Weight Maintained | 11 Dec 2024 |
Goldman Sachs Noah Poponak 61% 1-year accuracy 19 / 31 met price target | 52%downside $12 | Neutral Maintained | 19 Nov 2024 |
Citigroup Jason Gursky 48% 1-year accuracy 15 / 31 met price target | 12%downside $22 | Buy Maintained | 18 Nov 2024 |
B of A Securities Ronald Epstein 47% 1-year accuracy 14 / 30 met price target | 21%upside $30 | Buy Maintained | 14 Nov 2024 |
Cantor Fitzgerald Andres Sheppard 85% 1-year accuracy 129 / 152 met price target | 4%downside $24 | Overweight Maintained | 14 Nov 2024 |
Financial journalist opinion
Based on 44 articles about RKLB published over the past 30 days
