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Rocket Lab vs. BlackSky: Which Space Tech Stock Is the Smarter Player?
ZACKS· 2025-06-27 13:01
Key Takeaways RKLB targets over 20 launches in 2025, backed by a 100% Electron mission success rate year to date. BKSY secured a $24M NGA contract and plans a constellation upgrade to boost real-time monitoring. RKLB rose 652.9% in a year; BKSY is up 158.9% in 3 months but has a weaker ROE.As investors increasingly focus on the commercialization of space and national security needs, the demand for space technology stocks like Rocket Lab Corp. (RKLB) and BlackSky Technology (BKSY) is rising, further fuele ...
Rocket Lab: Earnings Miss But Neutron Momentum Holds
MarketBeat· 2025-05-12 11:46
Core Viewpoint - Rocket Lab USA reported mixed financial results for Q1 2025, with strong revenue growth but wider-than-expected losses, highlighting the challenges and opportunities in the aerospace and defense sector, particularly with its Neutron launch vehicle program [3][11][12]. Financial Performance - Rocket Lab achieved Q1 2025 revenue of $123 million, a 32% year-over-year increase, surpassing the consensus estimate of $121.4 million [3][11]. - The company reported a loss of $0.12 per share, which was worse than the expected loss of $0.10 and the previous quarter's loss of $0.10, indicating ongoing cost pressures [3][11]. - R&D expenses increased by $6.9 million compared to the previous quarter, contributing to the widening losses [4][11]. Strategic Initiatives - The Neutron launch vehicle is central to Rocket Lab's long-term growth strategy, with the inaugural launch scheduled for the second half of 2025 [7][11]. - Rocket Lab was selected for the Department of Defense's $5.6 billion National Security Space Launch Phase 3 initiative, enhancing its credibility and potential for future contracts [8][11]. - The company has a total backlog of $1.067 billion, with $422 million in launch services and $645 million in space systems, indicating strong demand for its offerings [9][11]. Market Position and Outlook - Despite near-term volatility, Rocket Lab's long-term outlook remains strong, supported by a solid cash position and strategic investments in Neutron and infrastructure [11][13]. - The company guided for Q2 revenue between $130 million and $140 million, slightly below the consensus estimate of $138 million, with projected gross margins of 30% to 32% [12][11]. - Rocket Lab's stock price forecast suggests a potential upside of 13.08%, with an average target of $23.25 [11].