Rocket Lab USA(RKLB)

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Rocket Lab USA(RKLB) - 2024 Q1 - Quarterly Results
2024-05-06 20:41
MEDIA RELEASE Exhibit 99.1 Rocket Lab Announces First Quarter 2024 Financial Results Reflecting Year-on-Year Revenue Growth of 69%, Sequential Quarterly Growth of 55%, and Continued Growth in Q2 2024 Rocket Lab also provided a major update on the progress of its new rocket Neutron, including that it has completed its first Archimedes engine build and has begun its engine test campaign in Mississippi. Long Beach, California. May 06, 2024 – Rocket Lab USA, Inc. (Nasdaq: RKLB) ("Rocket Lab" or "the Company"), ...
Rocket Lab: Winning Contracts And Neutron Coming, Prepare For Takeoff
Seeking Alpha· 2024-04-30 03:25
mikkelwilliam Rocket Lab (NASDAQ:RKLB) is trading close to its all-time lows and has vastly underperformed. However, in my view, the company is making strides in its business. As a growth company, Rocket Lab's stock RKLB is primarily driven by the story and expectations of future growth. In this case, I believe the company is executing its vision. However, this has yet to be appreciated by the market, in my opinion. Rocket Lab 2023 Results Demonstrate Continued Growth Looking at Rocket Lab's Q4 2023 and ful ...
Rocket Lab Keeps Winning All the Right Kinds of Contracts
The Motley Fool· 2024-04-28 11:07
It's good to be a government contractor -- and profitable, too.Rocket Lab (RKLB 3.29%) -- like the name implies -- is a company that makes rockets.Small, expendable "Electron" rockets, for the most part (although Rocket Lab has plans to test fly a new medium-size and reusable "Neutron" rocket in either 2024 or 2025). On Wall Street, a lot of analysts have pegged the introduction of Neutron as the event that flips the switch on Rocket Lab and turns the rocket company from just one of many unprofitable space ...
How Rocket Lab Outgrew Billionaire Elon Musk's Space Company in Q1
The Motley Fool· 2024-04-22 11:07
How much would you pay to own a rocket stock with 77% growth?Rocket Lab (RKLB) stock is on a tear. Over just the past week, Rocket Lab has announced:A $32 million U.S. Space Force contract to put a "VICTUS HAZE Tactically Responsive Space" satellite in orbit.Another Space Force contract to launch a DISKSat into very low earth orbit for $14.5 million.Plans to reuse one of its Electron first-stage rockets in an orbital launch for the first time ever. You might not guess it from the stock price (which is down ...
Rocket Lab USA, Inc. (RKLB) Exceeds Market Returns: Some Facts to Consider
Zacks Investment Research· 2024-04-16 23:20
Rocket Lab USA, Inc. (RKLB) closed at $3.56 in the latest trading session, marking a +0.85% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.03%. Elsewhere, the Dow gained 0.41%, while the tech-heavy Nasdaq added 0.12%.Heading into today, shares of the company had lost 11.75% over the past month, lagging the Aerospace sector's loss of 5.49% and the S&P 500's loss of 0.9% in that time.Analysts and investors alike will be keeping a close eye on the performance of Roc ...
Rocket Lab Wins Space Force Contract -- at Twice the Usual Price
The Motley Fool· 2024-04-13 12:07
Rocket Lab is looking more like SpaceX by the day.Five years ago, Rocket Lab USA (RKLB -3.37%) made a bold move and changed the course of the company.Since setting up shop in 2017, the tiny rocket maker had launched a total of just 10 rockets -- fewer than three per year -- out of its Launch Complex 1 (LC-1) in New Zealand. LC-1 was hardly working at full capacity. And yet, Rocket Lab had high hopes to grow its business, launch more frequently, and one day perhaps even challenge SpaceX for dominance in spac ...
Why Rocket Lab Stock Is Blasting Higher Today
The Motley Fool· 2024-04-11 22:40
The company nabs a second Space Force award this week.Another day, another contract win for Rocket Lab USA (RKLB 3.21%). Investors are taking notice, lifting shares of the space start-up as much as 6% on Thursday afternoon before closing up 3.2%.A big week for contractsRocket Lab is one of a handful of young space stocks trying to elbow in on a business traditionally controlled by a handful of large incumbents. Much of that potential business comes from the U.S. government, which has been trying to lessen i ...
Wall Street Analysts Think Rocket Lab USA (RKLB) Is a Good Investment: Is It?
Zacks Investment Research· 2024-04-11 14:31
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 ...
Rocket Lab: FY24 Is Likely Going To Be A Pivotal Year
Seeking Alpha· 2024-04-09 03:42
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 ...
Rocket Lab Successfully Launches 45th Electron Mission, 4th for Longtime Partner Synspective
Businesswire· 2024-03-12 17:11
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 ...