Rocket Lab (RKLB)

• Market cap: $9.88B
• 1 day: -2.72%
• 5 days: 7.29%
• 1 month: 21.87%
• 3 months: -23.62%
• 6 months: 98.81%
• Year to date: -12.70%
• 1 year: 479.52%
• 5 years: 123.72%
• 10 years: 123.72%
• Sector: Industrials
• Industry: Aerospace & Defense

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 Launch Services and Space Systems. Geographically it serves Japan, Germany, rest of the world and earns key revenue from the United States.

Employees: 2,100

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

323% more first-time investments, than exits

New positions opened: 148 | Existing positions closed: 35

148% more capital invested

Capital invested by funds: $2.5B [Q3] → $6.21B (+$3.71B) [Q4]

124% more call options, than puts

Call options by funds: $1.08B | Put options by funds: $480M

56% more repeat investments, than reductions

Existing positions increased: 136 | Existing positions reduced: 87

39% more funds holding

Funds holding: 282 [Q3] → 391 (+109) [Q4]

3.02% less ownership

Funds ownership: 51.74% [Q3] → 48.72% (-3.02%) [Q4]

17% less funds holding in top 10

Funds holding in top 10: 6 [Q3] → 5 (-1) [Q4]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $18 17% downside
• Avg. target: $25 17% upside
• High target: $33 51% upside

5 analyst ratings

• positive: 3 60%
• neutral: 2 40%
• negative: 0 0%

Needham Ryan Koontz 36% 1-year accuracy 39 / 107 met price target	29% upside $28	Buy Initiated	25 Apr 2025
Wells Fargo Matthew Akers 58% 1-year accuracy 47 / 81 met price target	17% downside $18	Equal-Weight Maintained	8 Apr 2025
Morgan Stanley Kristine Liwag 57% 1-year accuracy 12 / 21 met price target	8% downside $20	Equal-Weight Maintained	10 Mar 2025
Citigroup Jason Gursky 58% 1-year accuracy 23 / 40 met price target	51% upside $33	Buy Maintained	28 Feb 2025
Keybanc Michael Leshock 83% 1-year accuracy 5 / 6 met price target	29% upside $28	Overweight Maintained	28 Feb 2025