The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Rocket Lab USA, Inc. (RKLB) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Rocket Lab USA curren ...

Pixelimage Investment action I recommended a buy rating for Rocket Lab (NASDAQ:RKLB) when I wrote about it the last time, as I believed execution was still on track. There was strong evidence of this, for instance, the sold-out planned launches for FY24, HASTE contract progress, and the achievement of several milestones. Based on my current outlook and analysis of RKLB, I continue to recommend a buy rating. FY24 is going to be an important year for RKLB, and I expect good results given the continuous execut ...

MAHIA, New Zealand--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today launched its 45th Electron rocket, successfully deploying a fourth synthetic aperture radar satellite to Synspective’s Earth-observation constellation. “Owl Night Long,” a dedicated mission for Synspective, launched from Pad B at Rocket Lab’s Launch Complex 1 in New Zealand at 04:03 NZDT March 13, 2024 (15:03 UTC, March 12). The mission delive ...

Lintao Zhang/Getty Images News 2024 is a defining year for Rocket Lab USA (NASDAQ:RKLB). The company is in a race against time to launch its new Neutron rocket by December 15, 2024 to secure launch contracts under the third phase of the National Space Security Launch program. In addition, the company's Electron rocket is on track to have its busiest year to date as it has completed 2 launches and has 23 additional launches booked this year. With that in mind, management expects Electron launches this year t ...

Once space was no longer the sole province of government but was opened to private enterprise the possibility for real entrepreneurship was born. It is impossible to not be awed by watching a SpaceX Falcon 9 rocket returning to the launch pad for reuse. The possibility of real space travel and space tourism has never been greater. Analysts at Morgan Stanley believe the space economy could evolve into a $1 trillion opportunity by 2040.Failures will litter the industry’s evolution, however. Even a wildly succ ...

Shares of tiny rocket-maker Rocket Lab (RKLB -3.62%) took a tiny tumble Tuesday morning, sliding 2.7% through 10:55 a.m. ET on what might have been good news for the company.Last night, NASA announced 15 space companies that will provide it with payload integration services aboard "suborbital rockets, high-altitude balloons, orbital spacecraft and satellites, and, in some instances, suborbital rockets that can accommodate carry people." Rocket Lab was one of the recipients...but only one of many.Who got NAS ...

Rocket Lab USA, Inc. (NASDAQ:RKLB) Q4 2023 Earnings Conference Call February 27, 2024 5:00 PM ET Company Participants Colin Canfield - Head, Investor Relations Peter Beck - Founder and Chief Executive Officer Adam Spice - Chief Financial Officer Conference Call Participants Andres Sheppard - Cantor Fitzgerald Erik Rasmussen - Stifel Kristine Liwag - Morgan Stanley Cai von Rumohr - TD Cowen Matt Akers - Wells Fargo Suji Desilva - ROTH MKM Mariana Perez Mora - BofA Jason Gursky - Citi Edison Yu - Deutsche Ban ...

Rocket Lab USA, Inc. (RKLB) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.11%. A quarter ago, it was expected that this company would post a loss of $0.09 per share when it actually produced a loss of $0.08, delivering a surprise of 11.11%.Over the last four quarters, the company has su ...

An Electron rocket launches the Baby Come Back mission from New Zealand on July 17, 2023.Rocket Lab is making steady progress on the development of its Neutron vehicle, as the company reported fourth-quarter results that saw its contract backlog soar above $1 billion.The space company reported a net loss of $50.5 million, or 10 cents per share, for the quarter. Year over year, Rocket Lab's fourth-quarter net loss widened by about 36% as the company continues to spend heavily to create its Neutron rocket. It ...

LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, today introduced its family of spacecraft buses, consolidating the custom designs Rocket Lab has developed for multiple customers and missions. The family of spacecraft is the result of more than four years of development into Rocket Lab’s space systems capabilities. “We’ve had the privilege of developing, launching, and operating spacecraft for a broad rang ...