Rocket Lab (RKLB)

• Market cap: $10.2B
• 1 day: 2.29%
• 5 days: 14.95%
• 1 month: 10.41%
• 3 months: -23.96%
• 6 months: 100.18%
• Year to date: -10.34%
• 1 year: 513.15%
• 5 years: 129.77%
• 10 years: 129.77%
• 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

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

• Low target: $18 20% downside
• Avg. target: $27 18% upside
• High target: $33 47% upside

6 analyst ratings

• positive: 4 67%
• neutral: 2 33%
• negative: 0 0%

Needham Ryan Koontz 33% 1-year accuracy 34 / 102 met price target	25% upside $28	Buy Initiated	25 Apr 2025
Wells Fargo Matthew Akers 54% 1-year accuracy 44 / 81 met price target	20% downside $18	Equal-Weight Maintained	8 Apr 2025
Morgan Stanley Kristine Liwag 52% 1-year accuracy 11 / 21 met price target	11% downside $20	Equal-Weight Maintained	10 Mar 2025
Citigroup Jason Gursky 38% 1-year accuracy 15 / 40 met price target	47% upside $33	Buy Maintained	28 Feb 2025
Keybanc Michael Leshock 67% 1-year accuracy 4 / 6 met price target	25% upside $28	Overweight Maintained	28 Feb 2025