Brokers Set Expectations for Rocket Lab USA FY2025 Earnings

Rocket Lab USA, Inc. (NASDAQ:RKLB) – Investment analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for shares of Rocket Lab USA in a research report issued to clients and investors on Tuesday, January 21st. Cantor Fitzgerald analyst A. Sheppard expects that the rocket manufacturer will earn ($0.18) per share for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $24.00 price objective on the stock. The consensus estimate for Rocket Lab USA’s current full-year earnings is ($0.34) per share.

Other research analysts have also recently issued reports about the stock. KeyCorp lifted their price target on shares of Rocket Lab USA from $11.00 to $12.00 and gave the company an “overweight” rating in a research report on Thursday, October 24th. Stifel Nicolaus boosted their price target on Rocket Lab USA from $26.00 to $31.00 and gave the stock a “buy” rating in a research report on Wednesday, January 8th. Bank of America upped their price target on Rocket Lab USA from $10.00 to $30.00 and gave the stock a “buy” rating in a research note on Thursday, November 14th. Wells Fargo & Company lifted their price objective on Rocket Lab USA from $13.50 to $22.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 11th. Finally, Citigroup increased their target price on Rocket Lab USA from $22.00 to $35.00 and gave the stock a “buy” rating in a research note on Tuesday. Five equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Rocket Lab USA has an average rating of “Moderate Buy” and an average target price of $20.06.

Rocket Lab USA Trading Up 6.6 %

NASDAQ RKLB opened at $31.57 on Thursday. The firm has a market capitalization of $15.78 billion, a PE ratio of -85.32 and a beta of 1.98. The stock’s 50 day moving average is $24.78 and its 200 day moving average is $13.82. Rocket Lab USA has a twelve month low of $3.47 and a twelve month high of $31.75. The company has a quick ratio of 2.16, a current ratio of 2.58 and a debt-to-equity ratio of 0.97.

Insider Transactions at Rocket Lab USA

In other news, Director Matthew Ocko sold 2,000,000 shares of the company’s stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $17.73, for a total value of $35,460,000.00. Following the completion of the sale, the director now directly owns 2,351,135 shares in the company, valued at $41,685,623.55. This represents a 45.97 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Alexander R. Slusky sold 50,000 shares of Rocket Lab USA stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $23.00, for a total value of $1,150,000.00. Following the transaction, the director now owns 534,675 shares in the company, valued at $12,297,525. This trade represents a 8.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 2,114,530 shares of company stock worth $38,168,400 in the last ninety days. Insiders own 13.70% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Amalgamated Bank raised its stake in Rocket Lab USA by 26.7% during the 2nd quarter. Amalgamated Bank now owns 12,038 shares of the rocket manufacturer’s stock worth $58,000 after acquiring an additional 2,538 shares during the period. DRW Securities LLC purchased a new stake in shares of Rocket Lab USA in the second quarter worth $125,000. Xponance Inc. raised its position in shares of Rocket Lab USA by 29.1% during the 2nd quarter. Xponance Inc. now owns 22,185 shares of the rocket manufacturer’s stock valued at $106,000 after purchasing an additional 4,997 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Rocket Lab USA by 21.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 205,190 shares of the rocket manufacturer’s stock valued at $985,000 after buying an additional 35,849 shares in the last quarter. Finally, Scientech Research LLC boosted its holdings in Rocket Lab USA by 135.4% in the 2nd quarter. Scientech Research LLC now owns 182,520 shares of the rocket manufacturer’s stock worth $876,000 after buying an additional 104,980 shares during the period. 71.78% of the stock is owned by hedge funds and other institutional investors.

Rocket Lab USA Company Profile

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.