Rocket Lab USA(RKLB)
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Rocket Lab Owns 2/3 of the U.S. Launch Market -- That Isn't SpaceX
The Motley Fool· 2024-08-24 12:00
SpaceX leads America's space race, while Rocket Lab and ULA duke it out for the No. 2 spot. When Rocket Lab (RKLB 1.75%) reported second-quarter earnings last week, it ignited a multiday rally that sent its stock price soaring as much as 18%. And no wonder. Sales at the small space rocket manufacturer soared 71% year over year, beating analyst forecasts. The per-share loss for the quarter was $0.08 -- not great -- but still better than the $0.10 loss that Wall Street forecast. A historic quarter In fact, Ch ...
Rocket Lab: Way More Upside Than Previously Thought
Seeking Alpha· 2024-08-24 06:10
Fertnig In January of this year, we wrote an article about Rocket Lab (NASDAQ:RKLB) where we rated the company a 'Strong Buy'. At the time, the company's backlog was gaining strength, liquidity looked solid, and a lot of progress was being made on Neutron, the company's re-usable launch vehicle (which is set to debut sometime in 2025). While the company is commonly thought of amongst investors as a 'little brother' to competitor SpaceX (SPACE), it is still the second-most important space company in the Unit ...
David Vs. Goliath: Rocket Lab Is Coming For The Big Boys
Seeking Alpha· 2024-08-23 21:34
imaginima/E+ via Getty Images Introduction Tesla (TSLA), SpaceX, Hyperloop, Phone calls on the web, SolarCity, X.com/PayPal (PYPL), Zip2 - Digital city guides, Blastar game, Electric jet, Location-specific searches, Starlink, Tunneling machines, Tesla storage centers, Neuralink, X, X.ai. This is a list of Elon Musk's inventions/businesses as of this year, according to Pressfarm. Although some of these have turned into bigger successes than others, the Tesla founder has been the driver of a few very impressi ...
Great News for Rocket Lab Stock Investors!
The Motley Fool· 2024-08-19 14:49
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Rocket Lab USA. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Prediction: This Will Be Rocket Lab's Biggest Growth Driver by 2030
The Motley Fool· 2024-08-15 13:48
The space flight upstart has bold ambitions for its next-generation rocket. Growth investors would love to get their hands on SpaceX stock. The space economy is booming, and it's estimated to hit $1 trillion in spending by 2030, and SpaceX is the clear leader in the industry. The problem is, the rocket launch company is privately owned and already worth an estimated $200 billion. So, how does an investor gain exposure to the space economy? Enter Rocket Lab USA (RKLB 3.67%). The upstart rocket company is the ...
Why Rocket Lab Stock Sank 5% Tuesday
The Motley Fool· 2024-08-13 17:35
Rocket Lab is down a bit today, but don't panic. Rocket Lab USA's (RKLB -5.38%) rising stock price rocketed into reverse Tuesday, falling 5% through 1 p.m. ET despite some objectively good news for the small space rocket manufacturer. On X last night, Rocket Lab CEO Peter Beck posted a pair of "how it started, how it's going" images showing first himself three years ago at the announcement of his plans to build a new medium-size reusable Neutron rocket to compete with SpaceX's Falcon 9, and then a Rocket La ...
Rocket Labs' Growth Could Be Ready For Orbit
Seeking Alpha· 2024-08-11 13:09
Pixelimage Rocket Lab Annual Revenue/Profit Dec '20 Dec '22 Dec '21 Dec '23 TTM Revenue $ 35 62 $ 211 245 327 � $ (A % Change 239% 34% 77% 16% Gross Profit � -12 4A -2 19 51 $ 82 $ 4A % Change -84% 1100% 59% 171% Jun 2024 Mar 2024 Dec 2023 Bep 2023 Jun 2023 Mar 2023 Selling General & | 30.5 28.7 25.9 27.2 28.7 28.5 Admin Expenses R&D Expenses 39.9 38.5 37.5 26.6 31.0 23.9 llilition Total Operating 70.4 67.3 63.4 53.8 59.8 52.4 llillino Expenses Operating (43.3) (43.1) (47.9) (38.9) (46.0) mynjum (45.2) Inco ...
Prediction: Rocket Lab Gets a New Neighbor in SpaceX
The Motley Fool· 2024-08-11 12:08
Rocket Lab's archrival may soon invade its home turf. Five years ago -- even before its IPO -- small rocket company and SpaceX rival Rocket Lab USA (RKLB 12.58%) had an announcement to make. Despite its name, Rocket Lab was primarily a New Zealand company at the time. Its founder lived there. It launched its rockets from there. For that matter, its only launch pad was located there. But fresh off its 10th successful rocket launch, Rocket Lab was raring to compete with America's most famous rocket company, S ...
Rocket Lab Stock Popped This Week. Here's Why.
The Motley Fool· 2024-08-09 20:49
The space flight company is putting up strong growth and expanding its launch capabilities. Shares of Rocket Lab USA (RKLB 12.58%) shot up over 15% at one point this week, according to data from S&P Global Market Intelligence. The new rocket launch and space flight company is building on its large ambitions by growing its revenue and backlog for existing launch systems in its second-quarter earnings report. It also announced a progress update for its large Neutron rocket system. As of this writing at the cl ...
Rocket Lab Stock Jumps, Propelled by Record Revenue
Investopedia· 2024-08-09 17:11
KEY TAKEAWAYS Rocket Lab USA shares popped Friday, a day after the company posted record revenue and a narrowing of its second-quarter loss. The aerospace company reported a 71% year-over-year rise in revenue and a net loss of $41.6 million, both better than analysts' estimates, and projected Q3 revenue between $100 million and $105 million. Rocket Lab also announced that it successfully hot fired its Archimedes rocket engine, which will be used in the company's medium-lift rocket, Neutron. Rocket Lab USA ( ...