Space stocks have had plenty of reasons to soar this fall. Non-public Elon Musk venture SpaceX completed a significant flight test of its Starship in October, while NASA's Europa Clipper departed for Jupiter's moon. Meanwhile, AST SpaceMobile Inc. NASDAQ: ASTS has skyrocketed by nearly 800% in the last year as it has launched satellites key to the delivery of its space-based cellular broadband service. While it has not reached quite the same heights as AST, Rocket Lab USA Inc. NASDAQ: RKLB has nonetheless o ...

Group 1 - Rocket Lab's stock price increased by 5% following KeyBanc's positive outlook, which identified Rocket Lab as a notable exception amidst general skepticism towards aerospace stocks [1] - KeyBanc downgraded shares of ATI Inc. and Howmet Aerospace due to slowing order rates and inventory accumulation, while raising Rocket Lab's price target to $12 per share [1] - Rocket Lab is set to achieve a record of 12 launches in a single year, surpassing its previous record of 10 launches in 2023, indicating a strong operational performance [2] Group 2 - The company's revenue growth of 70% year-to-date is primarily driven by its space systems business, which is more profitable than its launch services [3] - While the increase in launch rates is noteworthy, the real potential for Rocket Lab lies in the space systems manufacturing sector, which includes building rocket payloads and spacecraft parts [3]

The rocket business had a huge week, and Rocket Lab wasn't the only big news. Shares of Rocket Lab (RKLB -1.31%) jumped as much as 13.4% in trading this week after the company announced a new launch as early as tomorrow. According to data provided by S&P Global Market Intelligence, shares are up 9% for the week as of 12:30 p.m. ET on Friday. Rocket Lab's latest launch On Wednesday, Rocket Lab announced it would add another launch to the schedule in a flight window that begins tomorrow, Oct. 19. The customer ...

This rocket launch company is growing quickly. The was a time when the key players in space exploration were all government-run operations, but over the past few decades, privately run projects like SpaceX and Blue Origin have become a bigger part of the picture. Investors looking to get in on the action may wish they could buy into Elon Musk's SpaceX, but that company doesn't plan on making a public stock debut anytime soon. One space company that you can invest in is Rocket Lab USA (RKLB 12.57%). Its stoc ...

Rocket Lab USA is still one of the market's most promising space stocks. Many space-oriented companies went public by merging with special purpose acquisition companies (SPACs) in 2021. That process was simpler and faster than filing a traditional IPO, but it also allowed companies to set ambitious long-term projections, which attracted a lot of speculative investors. Unfortunately, most space-oriented SPACs went bankrupt, attracted regulatory crackdowns, pivoted toward other industries, or went private aga ...

Rocket Lab's latest contract win doesn't seem to be as big news as it might have been. Rocket Lab (RKLB -2.79%) keeps raking in contracts. Yesterday, the company announced that NASA has hired it to propose a solution to the space agency's troubled Mars Sample Return (MSR) project -- ideally, one that will cost less than $11 billion and take less than 16 years to complete. That's the good news. The bad news came a few hours later: Rocket Lab just announced it will report Q3 financial results on Nov. 12, and ...

Last April I wrote an article covering Rocket Lab (NASDAQ: RKLB ) mentioning that the space launch company is slowly gaining momentum and could see its stock take off in the future. The stock has Nine to 5 by day. Hobbyist stock trader by night. I got an MBA and a CFA ... so that should count for something. I only care about my own greedy interests and I love feeding trolls. Not your financial advisor. Information for entertainment purposes only. Diamond hands are forever. Analyst's Disclosure: I/we have a ...

Core Insights - Rocket Lab USA has made significant progress in 2024 with 11 launches and a 55.2% increase in share price in September [1] - The company hired Frank Klein as COO to enhance manufacturing capabilities and address customer demand [2][3] - Rocket Lab's Electron rocket is the second-most used orbital rocket in the U.S., with plans to develop the larger Neutron vehicle to increase payload capacity [5][6] Company Developments - In September, Rocket Lab conducted its 53rd Electron launch, supporting Kinéis in improving IoT connectivity [4] - The company aims to scale manufacturing to manage its backlog of customer orders [3] - The Neutron vehicle, which can carry up to 15,000 kilograms, is expected to be a key driver for future growth, with the first launch anticipated no earlier than mid-2025 [6] Market Position - Rocket Lab is competing with SpaceX, with the Electron rocket currently carrying a maximum payload of 250 kilograms [5] - The commercialization of the Neutron vehicle is seen as a potential catalyst for the company's financial performance, although profitability is not expected until 2027 [6]

Core Insights - Rocket Lab (NASDAQ: RKLB) stock has experienced a significant increase of over 100% in the last 12 months, driven by investor enthusiasm regarding a growing order backlog, improved margins, and positive advancements towards the company's goal of becoming an end-to-end space solutions provider [1] Group 1 - The company's stock performance reflects strong investor interest and confidence in its future prospects [1] - Rocket Lab is focusing on expanding its order backlog, which is a key indicator of future revenue potential [1] - Improvements in profit margins suggest operational efficiencies and better cost management within the company [1]

Rocket Lab stock is up over 80% this year. In this video, I will be talking about Rocket Lab (RKLB 2.35%), which has seen its stock soar by 60% over the last month. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of Sept. 27, 2024. The video was published on Sept. 29, 2024. ...