Rocket Lab USA(RKLB)
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Rocket Lab Stock: Why There's More Fuel Left In The Tank
Seeking Alpha· 2024-11-22 15:34
Rocket Lab (NASDAQ: RKLB ) shares have been on a scorching run lately as optimism over Neutron and an impressive earnings release have energized investors for the company's future prospects. While this run-up necessitates caution, I believe those with aTo follow me click the "Follow" button! (Easy right?) Hi there, thanks for coming to my profile page! My name is Kumquat Research (but you can call me Jeremy) and I've been writing for Seeking Alpha on and off for going on ten years now, beginning with my ina ...
Rocket Lab USA, Inc. (RKLB) Crossed Above the 50-Day Moving Average: What That Means for Investors
ZACKS· 2024-11-21 15:30
From a technical perspective, Rocket Lab USA, Inc. (RKLB) is looking like an interesting pick, as it just reached a key level of support. RKLB recently overtook the 50-day moving average, and this suggests a short-term bullish trend.The 50-day simple moving average is one of three major moving averages used by traders and analysts to determine support or resistance levels for a wide range of securities. But the 50-day is considered to be more important because it's the first marker of an up or down trend.RK ...
Is Rocket Lab USA Stock a Buy?
The Motley Fool· 2024-11-19 15:15
In the past few decades, space exploration has evolved from predominantly government-led projects to a vibrant sector dominated by private enterprises. Companies like SpaceX and Blue Origin have taken the lead, drawing significant interest from investors eager to capitalize on the burgeoning industry.However, SpaceX has made it clear that it does not plan to launch a public stock offering in the near future. So for investors seeking alternatives, Rocket Lab USA (RKLB 5.75%) is one compelling option. The com ...
Why Rocket Lab Stock Popped, Then Dropped Today
The Motley Fool· 2024-11-18 16:43
Space is hard. Justifying Rocket Lab's stock price may be harder.Rocket Lab (RKLB 4.68%) stock is taking investors on another roller-coaster ride Monday morning. First spiking past 7% in the opening minutes, the stock began losing steam almost immediately, falling into the red before 10 a.m. before finding its footing and rising again.As of 10:45 a.m. ET, Rocket Lab stock is up 2%.Why did Rocket Lab stock pop?Investors enjoying today's ride can thank two investment banks, Morgan Stanley and Citigroup, for t ...
Rocket Lab Is Raising Prices -- and Happy About It
The Motley Fool· 2024-11-18 11:06
Small rocket manufacturing company Rocket Lab (RKLB 9.45%) (which despite its size is the second-most frequent rocket launcher in the U.S.) took investors for quite a wild ride last week, shooting up more than 40% Wednesday morning, then giving back much of its gain in the afternoon leading into Thursday... before turning around and winning back much of its gains on Friday.The catalyst behind all the turbulence: Q3 earnings. Rocket Lab by the numbersRocket Lab reported its Q3 earnings last week, and by "ear ...
Why Rocket Lab Stock Is Sinking Today
The Motley Fool· 2024-11-14 20:25
Stock Performance - Rocket Lab stock experienced a significant drop of 5 3% as of 2 45 p m ET on Thursday following a 28% gain the previous day [1] - The stock had surged as much as 53% earlier in the day due to stronger-than-anticipated Q3 results [3] Earnings and Financials - Rocket Lab reported a Q3 loss of $0 10 per share on sales of $104 8 million, beating Wall Street expectations of a $0 11 per share loss on $106 4 million in sales [4] - Revenue increased by nearly 55% year-over-year, and the company provided strong forward guidance, projecting Q4 sales between $125 million and $135 million, representing a 24% sequential growth at the midpoint [4] Investor Activity - Cathie Wood's Ark Invest sold approximately 479,600 shares across its ETFs, totaling nearly $9 million in value, as part of profit-taking following the stock's rally [5] - Other investors also moved to take profits, contributing to the stock's decline [2] Analyst Coverage and Outlook - Cantor Fitzgerald maintained a buy rating on Rocket Lab and raised its one-year price target from $7 to $24 per share, citing the company's contract for its reusable Neutron rocket [6] - Bank of America also raised its one-year price target from $10 to $30 per share, highlighting the Neutron rocket's adoption as a sign of reduced risk [6] - Despite the recent sell-off, Rocket Lab is viewed as a high-risk, high-reward investment with encouraging progress [7]
Rocket Lab Q3: 230% Rally Could Be Just The Beginning
Seeking Alpha· 2024-11-13 17:56
This lesser-known player inRocket Lab (NASDAQ: RKLB ) just reported its Q3 results, and the stock is up around 20%. In fact, RKLB is up over 100% in the last month alone, and over 230% in the last year.This is a high-risk/high-reward opportunity, which is exactly what I look for in my YOLO portfolio.Joint the Pragmatic Investor today to get insight into stocks with high return potential.You will also get:- Weekly Macro newsletter- Access to the End of The World and YOLO portfolios- Trade Ideas- Weekly Video ...
Tired of Waiting for SpaceX to Go Public? Buy This Growth Stock Instead.
The Motley Fool· 2024-11-13 16:23
Rocket Lab stock has skyrocketed this year.In this video, I will cover Rocket Lab's (RKLB 49.59%) third-quarter earnings report. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Nov. 12, 2024. The video was published on Nov. 12, 2024. ...
Why Rocket Lab Stock Rocketed More Than 40% Wednesday Morning
The Motley Fool· 2024-11-13 15:59
Rocket Lab (RKLB 51.43%) stock lived up to its name this morning as shares were up 44% at 10:45 a.m. ET after an encouraging earnings report Tuesday evening.Heading into the Q3 report, analysts had forecast Rocket Lab would lose $0.11 per share on quarterly sales of $102.3 million. The company instead reported sales of $104.8 million, and a loss of $0.10 per share. Rocket Lab Q3 earningsRocket Lab revenue rose 55%. Granted, losses also rose, up 25% from $0.08 per share one year ago. Still, if you pull back ...
Rocket Lab is the Right Stock for the Right Time
MarketBeat· 2024-11-13 15:55
Rocket Lab USA Inc. NASDAQ: RKLB stock is up more than 40% the day after reporting a record number of launches for its Electron rockets in the prior quarter. The Electron rocket provides launch services that allows commercial and government customers to deploy satellites and other payloads into space. For the quarter ending October 31, 2024, the company conducted 12 launches, which helped fuel its total revenue of $104.8 million, which beat analysts’ expectations of $102.7 million. Get Rocket Lab USA ale ...