Cantor Fitzgerald Predicts Rocket Lab USA FY2025 Earnings

Rocket Lab USA, Inc. (NASDAQ:RKLB) – Analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for Rocket Lab USA in a research note issued on Tuesday, January 21st. Cantor Fitzgerald analyst A. Sheppard expects that the rocket manufacturer will post earnings of ($0.18) per share for the year. Cantor Fitzgerald has a “Overweight” rating and a $24.00 price target 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 issued research reports about the company. The Goldman Sachs Group raised their price objective on Rocket Lab USA from $12.00 to $13.50 and gave the company a “neutral” rating in a research report on Thursday, January 16th. Bank of America upped their price objective on Rocket Lab USA from $10.00 to $30.00 and gave the company a “buy” rating in a research report on Thursday, November 14th. Stifel Nicolaus boosted their price objective on shares of Rocket Lab USA from $26.00 to $31.00 and gave the company a “buy” rating in a research report on Wednesday, January 8th. Wells Fargo & Company raised their price objective on Rocket Lab USA from $13.50 to $22.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 11th. Finally, KeyCorp upped their target price on Rocket Lab USA from $11.00 to $12.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Five investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $20.06.

Rocket Lab USA Trading Down 5.3 %

Shares of RKLB opened at $29.62 on Thursday. The firm has a market cap of $14.81 billion, a P/E ratio of -80.05 and a beta of 1.98. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.58 and a quick ratio of 2.16. Rocket Lab USA has a 1 year low of $3.47 and a 1 year high of $31.64. The company has a 50 day simple moving average of $24.56 and a two-hundred day simple moving average of $13.71.

Insider Activity at Rocket Lab USA

In other news, Director Alexander R. Slusky sold 50,000 shares of the business’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $23.00, for a total transaction of $1,150,000.00. Following the sale, the director now owns 534,675 shares in the company, valued at approximately $12,297,525. The trade was a 8.55 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Frank Klein sold 35,968 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $24.15, for a total transaction of $868,627.20. Following the completion of the transaction, the insider now directly owns 1,464,032 shares of the company’s stock, valued at $35,356,372.80. The trade was a 2.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,114,530 shares of company stock valued at $38,168,400 over the last 90 days. Insiders own 13.70% of the company’s stock.

Institutional Trading of Rocket Lab USA

Large investors have recently made changes to their positions in the business. Amalgamated Bank grew its position 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 purchasing an additional 2,538 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of Rocket Lab USA in the second quarter worth about $76,000. Allworth Financial LP grew its holdings in Rocket Lab USA by 1,827.6% during the third quarter. Allworth Financial LP now owns 9,484 shares of the rocket manufacturer’s stock worth $92,000 after acquiring an additional 8,992 shares during the period. Smith Anglin Financial LLC acquired a new position in Rocket Lab USA in the third quarter valued at approximately $104,000. Finally, Xponance Inc. boosted its position in Rocket Lab USA by 29.1% in the 2nd quarter. Xponance Inc. now owns 22,185 shares of the rocket manufacturer’s stock worth $106,000 after purchasing an additional 4,997 shares in the last quarter. 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.