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Rocket Lab USA develops and operates small orbital launch vehicles and satellite systems supporting space infrastructure for AI data and communications.

Snapshot
Country USA USA
ExchangeNasdaq
AI Layer infra
Sentiment 58.0%
USD Mkt Cap40.25B
USD Revenue769.15M
USD Net Income-165.46M
fwd P/E1381.69
Price 3M-37.0%
Price 6M-5.6%
Price 1Y+21.0%
Price 2Y+765.3%
USD Share Price64.56
Price History
Price & Size
Price 62.95 USD
Market Cap 40.25B USD
Shares Outstanding 598.46M
Shares Float 556.86M
52w Low 37.57 USD
52w High 151.00 USD
Avg Volume 21.25M
Valuation
P/E (forward) 1381.7x
P/B 10.78x
Enterprise Value 35.50B USD
Book Value / Share 5.84 USD
P/S 52.33x
EV / Revenue 46.15x
EV / EBITDA -235.83x
Income
Revenue 769.15M USD
Revenue / Share 1.32 USD
EBITDA -150.52M USD
Net Income -165.46M USD
EPS (trailing) -0.27 USD
EPS (forward) 0.05 USD
Margins & Profitability
Gross Margin 37.3%
Operating Margin -24.6%
Profit Margin -21.5%
EBITDA Margin -19.6%
Return on Equity -7.9%
Return on Assets -4.6%
Growth
Revenue Growth 62.0%
Cash & Debt
Total Cash 2.30B USD
Total Debt 133.69M USD
Free Cash Flow -251.96M USD
Operating Cash Flow -222.46M USD
Debt / Equity 0.04x
Current Ratio 5.48x
Quick Ratio 4.80x
Dividend
Payout Ratio 0.0%
Risk
Beta 2.61
Analyst Consensus
Target (Mean) 111.00 USD
Target (Median) 115.00 USD
Target (High) 150.00 USD
Target (Low) 64.00 USD
Recommendation buy
# Analysts 18
Identifiers
FIGIBBG01V7JN3Z1
Sentiment 58.0%
Positive drivers

Rocket Lab announced several new commercial launch contracts and progress on Neutron rocket development milestones during the window. Increased interest in small satellite deployments tied to AI data infrastructure boosted investor optimism. Positive coverage from analysts highlighted the company's growing backlog and execution track record.

Neutral / mixed

The broader space sector faced mixed macroeconomic pressures including interest rate uncertainty and supply chain normalization. Trading volumes remained moderate with no major earnings surprises reported in the period. Regulatory approvals for upcoming missions progressed steadily without acceleration or setbacks.

Negative drivers

Intense competition from larger players like SpaceX continued to pressure margins and market share expectations. Occasional launch scheduling delays due to customer readiness impacted near-term revenue visibility. Overall tech sector rotation away from high-growth names weighed on RKLB's valuation multiples.

Bottom line

Sentiment for RKLB remains mildly positive driven by contract wins and development progress, tempered by competitive and macro headwinds. The stock is viewed as a steady but not breakout performer in the current environment.