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)
227% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 22
129% more call options, than puts
Call options by funds: $298M | Put options by funds: $130M
89% more capital invested
Capital invested by funds: $1.33B [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]
4.22% less ownership
Funds ownership: 56.03% [Q2] → 51.81% (-4.22%) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Goldman Sachs Noah Poponak 67% 1-year accuracy 18 / 27 met price target | 44%downside $13.50 | Neutral Maintained | 16 Jan 2025 |
Stifel Erik Rasmussen 60% 1-year accuracy 6 / 10 met price target | 29%upside $31 | Buy Maintained | 8 Jan 2025 |
Wells Fargo Matthew Akers 51% 1-year accuracy 26 / 51 met price target | 8%downside $22 | Equal-Weight Maintained | 11 Dec 2024 |
Citigroup Jason Gursky 53% 1-year accuracy 16 / 30 met price target | 8%downside $22 | Buy Maintained | 18 Nov 2024 |
B of A Securities Ronald Epstein 53% 1-year accuracy 16 / 30 met price target | 25%upside $30 | Buy Maintained | 14 Nov 2024 |
Financial journalist opinion
Based on 30 articles about RKLB published over the past 30 days