FY2025 EPS Estimates for Rocket Lab USA Decreased by Analyst

Rocket Lab USA, Inc. (NASDAQ:RKLB) – Equities research analysts at Cantor Fitzgerald reduced their FY2025 earnings estimates for shares of Rocket Lab USA in a report released on Tuesday, June 10th. Cantor Fitzgerald analyst A. Sheppard now forecasts that the rocket manufacturer will post earnings of ($0.39) per share for the year, down from their previous forecast of ($0.35). Cantor Fitzgerald has a “Overweight” rating and a $35.00 price objective on the stock. The consensus estimate for Rocket Lab USA’s current full-year earnings is ($0.38) per share. Cantor Fitzgerald also issued estimates for Rocket Lab USA’s FY2026 earnings at ($0.10) EPS.

Several other research firms have also issued reports on RKLB. Needham & Company LLC upped their price target on shares of Rocket Lab USA from $28.00 to $32.00 and gave the stock a “buy” rating in a research report on Wednesday, May 28th. Roth Capital upped their target price on shares of Rocket Lab USA from $25.00 to $35.00 and gave the company a “buy” rating in a report on Wednesday, May 28th. Citigroup dropped their target price on shares of Rocket Lab USA from $35.00 to $33.00 and set a “buy” rating on the stock in a report on Friday, February 28th. TD Cowen upgraded Rocket Lab USA to a “strong-buy” rating in a research note on Monday, February 24th. Finally, Stifel Nicolaus upped their price objective on Rocket Lab USA from $29.00 to $34.00 and gave the company a “buy” rating in a research note on Wednesday, May 28th. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Rocket Lab USA currently has a consensus rating of “Moderate Buy” and a consensus target price of $26.18.

Rocket Lab USA Trading Down 3.5%

Shares of Rocket Lab USA stock opened at $26.40 on Thursday. Rocket Lab USA has a 12-month low of $4.20 and a 12-month high of $33.34. The stock has a market cap of $11.97 billion, a P/E ratio of -71.35 and a beta of 2.08. The company has a quick ratio of 2.16, a current ratio of 2.58 and a debt-to-equity ratio of 0.97. The business’s 50 day moving average is $23.38 and its 200-day moving average is $23.79.

Rocket Lab USA (NASDAQ:RKLB) last released its earnings results on Thursday, May 8th. The rocket manufacturer reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.02). Rocket Lab USA had a negative return on equity of 39.47% and a negative net margin of 51.76%. The company had revenue of $122.57 million for the quarter, compared to the consensus estimate of $120.74 million. During the same quarter in the previous year, the company posted ($0.09) EPS. The business’s revenue was up 32.1% on a year-over-year basis.

Insider Buying and Selling at Rocket Lab USA

In other Rocket Lab USA news, insider Frank Klein sold 2,546 shares of the stock in a transaction on Monday, June 9th. The stock was sold at an average price of $30.00, for a total transaction of $76,380.00. Following the transaction, the insider now owns 1,365,826 shares in the company, valued at $40,974,780. This trade represents a 0.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Arjun Kampani sold 28,988 shares of the stock in a transaction on Friday, May 30th. The stock was sold at an average price of $26.66, for a total value of $772,820.08. Following the transaction, the insider now owns 540,618 shares in the company, valued at $14,412,875.88. The trade was a 5.09% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 100,124 shares of company stock valued at $2,707,506 in the last three months. 13.70% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Rocket Lab USA

A number of hedge funds have recently added to or reduced their stakes in RKLB. Vanguard Group Inc. increased its position in shares of Rocket Lab USA by 10.6% in the first quarter. Vanguard Group Inc. now owns 40,029,546 shares of the rocket manufacturer’s stock worth $715,728,000 after purchasing an additional 3,833,969 shares during the period. FMR LLC increased its holdings in Rocket Lab USA by 30,853.3% in the 4th quarter. FMR LLC now owns 3,696,136 shares of the rocket manufacturer’s stock valued at $94,141,000 after buying an additional 3,684,195 shares during the period. Two Sigma Advisers LP bought a new position in Rocket Lab USA in the fourth quarter valued at approximately $72,623,000. BNP Paribas Financial Markets bought a new position in Rocket Lab USA in the fourth quarter valued at approximately $56,977,000. Finally, Two Sigma Investments LP bought a new position in Rocket Lab USA in the fourth quarter valued at approximately $47,074,000. Institutional investors own 71.78% of the company’s stock.

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.