Cantor Fitzgerald Forecasts Rocket Lab USA FY2025 Earnings

Rocket Lab USA, Inc. (NASDAQ:RKLB) – Investment analysts at Cantor Fitzgerald decreased their FY2025 EPS estimates for Rocket Lab USA in a research note issued to investors on Tuesday, June 10th. Cantor Fitzgerald analyst A. Sheppard now anticipates that the rocket manufacturer will earn ($0.39) per share for the year, down from their prior estimate of ($0.35). Cantor Fitzgerald currently has a “Overweight” rating and a $35.00 price objective on the stock. The consensus estimate for Rocket Lab USA’s current full-year earnings is ($0.38) per share. Cantor Fitzgerald also issued estimates for Rocket Lab USA’s FY2026 earnings at ($0.10) EPS.

Rocket Lab USA (NASDAQ:RKLB) last issued its quarterly earnings data on Thursday, May 8th. The rocket manufacturer reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.02). The firm had revenue of $122.57 million during the quarter, compared to analyst estimates of $120.74 million. Rocket Lab USA had a negative return on equity of 39.47% and a negative net margin of 51.76%. The company’s revenue was up 32.1% on a year-over-year basis. During the same quarter last year, the company posted ($0.09) EPS.

Other research analysts also recently issued research reports about the stock. Needham & Company LLC upped their price objective on shares of Rocket Lab USA from $28.00 to $32.00 and gave the stock a “buy” rating in a research report on Wednesday, May 28th. Stifel Nicolaus boosted their target price on shares of Rocket Lab USA from $29.00 to $34.00 and gave the stock a “buy” rating in a research note on Wednesday, May 28th. Citigroup cut their target price on shares of Rocket Lab USA from $35.00 to $33.00 and set a “buy” rating for the company in a research note on Friday, February 28th. The Goldman Sachs Group boosted their target price on shares of Rocket Lab USA from $14.35 to $16.00 and gave the stock a “neutral” rating in a research note on Monday, May 12th. Finally, KeyCorp reissued an “overweight” rating on shares of Rocket Lab USA in a research note on Tuesday, June 3rd. Five research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $26.18.

Rocket Lab USA Trading Down 3.7%

Shares of Rocket Lab USA stock opened at $25.41 on Thursday. The firm has a 50-day simple moving average of $23.54 and a two-hundred day simple moving average of $23.79. The company has a market cap of $11.52 billion, a P/E ratio of -68.67 and a beta of 2.08. Rocket Lab USA has a fifty-two week low of $4.20 and a fifty-two week high of $33.34. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.16 and a current ratio of 2.58.

Insider Transactions at Rocket Lab USA

In related news, insider Frank Klein sold 2,546 shares of the company’s stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $30.00, for a total transaction of $76,380.00. Following the completion of the sale, the insider now owns 1,365,826 shares of the company’s stock, valued at approximately $40,974,780. This represents a 0.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Arjun Kampani sold 5,194 shares of the company’s stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $30.00, for a total transaction of $155,820.00. Following the sale, the insider now directly owns 530,230 shares of the company’s stock, valued at approximately $15,906,900. This represents a 0.97% decrease in their position. The disclosure for this sale can be found here. Insiders sold 100,124 shares of company stock valued at $2,707,506 over the last 90 days. Corporate insiders own 13.70% of the company’s stock.

Institutional Trading of Rocket Lab USA

Several large investors have recently bought and sold shares of RKLB. Spectrum Wealth Counsel LLC purchased a new stake in shares of Rocket Lab USA in the 4th quarter valued at approximately $25,000. Sandy Spring Bank purchased a new stake in shares of Rocket Lab USA in the 4th quarter valued at approximately $26,000. Versant Capital Management Inc grew its stake in shares of Rocket Lab USA by 118.1% in the 1st quarter. Versant Capital Management Inc now owns 1,588 shares of the rocket manufacturer’s stock valued at $28,000 after buying an additional 860 shares during the period. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of Rocket Lab USA in the 1st quarter valued at approximately $29,000. Finally, Farther Finance Advisors LLC grew its stake in shares of Rocket Lab USA by 181.1% in the 1st quarter. Farther Finance Advisors LLC now owns 1,903 shares of the rocket manufacturer’s stock valued at $35,000 after buying an additional 1,226 shares during the period. Hedge funds and other institutional investors own 71.78% of the company’s stock.

Rocket Lab USA Company Profile

Rocket Lab USA, Inc, a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.