RKLB Chart
About

Rocket Lab Corporation, a space company, provides launch services and space systems solutions in the United States, Canada, Japan, and internationally. 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. It also designs, manufactures, and sells Electron, an orbital small launch vehicle for small spacecraft launch services, as well as develops Neutron launch vehicles for large constellation deployments, interplanetary missions and potentially for human spaceflight. In addition, the company designs and manufactures a range of components and subsystems for its launch vehicles and spacecraft. It serves commercial, aerospace prime contractors, and government customers. Rocket Lab Corporation was founded in 2006 and is headquartered in Long Beach, California.

Fundamentals
Scroll to Statements
Sector Industrials Industry Aerospace & Defense Market Cap 37.37B
Enterprise Value 36.91B Income -197.63M Sales 554.53M
Book/sh 2.58 Cash/sh 1.83 Dividend Yield —
Payout 0.00% Employees 2100 IPO —
P/E — Forward P/E -448.53 PEG —
P/S 67.40 P/B 27.11 P/C —
EV/EBITDA -192.03 EV/Sales 66.57 Quick Ratio 2.65
Current Ratio 3.18 Debt/Eq 40.33 LT Debt/Eq —
EPS (ttm) -0.38 EPS next Y -0.16 EPS Growth —
Revenue Growth 48.00% Earnings 2026-02-26 ROA -8.50%
ROE -23.24% ROIC — Gross Margin 31.70%
Oper. Margin -38.02% Profit Margin -35.64% Shs Outstand 534.16M
Shs Float 490.67M Short Float 7.97% Short Ratio 1.43
Short Interest — 52W High 99.58 52W Low 14.71
Beta 2.18 Avg Volume 23.46M Volume 12.78M
Target Price $83.96 Recom Buy Prev Close $70.21
Price $69.97 Change -0.34%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$83.96
Mean price target
2. Current target
$69.97
Latest analyst target
3. DCF / Fair value
$-3.75
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$69.97
Low
$55.00
High
$120.00
Mean
$83.96

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-20 main Goldman Sachs Neutral → Neutral $69
2026-01-20 main B of A Securities Buy → Buy $120
2026-01-16 up Morgan Stanley Equal-Weight → Overweight $105
2026-01-15 down Keybanc Overweight → Sector Weight —
2025-12-23 main Needham Buy → Buy $90
2025-12-22 main Stifel Buy → Buy $85
2025-11-25 reit Needham Buy → Buy $63
2025-11-19 main B of A Securities Buy → Buy $60
2025-11-12 main Morgan Stanley Equal-Weight → Equal-Weight $67
2025-11-12 main Needham Buy → Buy $63
2025-11-11 reit Stifel Buy → Buy $75
2025-10-17 main Keybanc Overweight → Overweight $75
2025-10-16 init Baird — → Outperform $83
2025-10-13 main Morgan Stanley Equal-Weight → Equal-Weight $68
2025-09-03 reit Needham Buy → Buy $55
2025-08-08 main Cantor Fitzgerald Overweight → Overweight $54
2025-08-08 main Keybanc Overweight → Overweight $50
2025-08-08 main Needham Buy → Buy $55
2025-08-05 main Stifel Buy → Buy $55
2025-07-16 main B of A Securities Buy → Buy $50
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 15205 1388221.0 — Sale at price 89.02 - 97.92 per share. OLSON JON A Director — 2026-01-20 00:00:00 D
1 108500 9436680.0 — Sale at price 86.58 - 90.00 per share. SAINTIL MERLINE A Director — 2026-01-14 00:00:00 D
2 1365665 103112280.0 — Sale at price 72.15 - 78.04 per share. SPICE ADAM C Chief Financial Officer — 2026-01-05 00:00:00 D
3 731330 797150.0 — Conversion of Exercise of derivative security at price 1.09 per share. SPICE ADAM C Chief Financial Officer — 2026-01-05 00:00:00 D
4 100000 7294980.0 — Sale at price 67.61 - 75.80 per share. KLEIN FRANK Chief Operating Officer — 2026-01-02 00:00:00 D
5 20000 — — Stock Gift at price 0.00 per share. SLUSKY ALEXANDER R Director — 2025-12-23 00:00:00 D
6 1470 — — Stock Gift at price 0.00 per share. SPICE ADAM C Chief Financial Officer — 2025-12-23 00:00:00 D
7 5000 — — Stock Gift at price 0.00 per share. FRANK EDWARD H Director — 2025-12-23 00:00:00 D
8 2500 193472.0 — Sale at price 77.39 per share. FRANK EDWARD H Director — 2025-12-23 00:00:00 D
9 5000 325000.0 — Sale at price 65.00 per share. SAINTIL MERLINE A Director — 2025-12-19 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-18.27K-98.70K1.90M-951.66K
TaxRateForCalcs0.210.210.210.06
NormalizedEBITDA-151.72M-144.46M-104.25M-75.34M
TotalUnusualItems-87.00K-470.00K9.05M-15.86M
TotalUnusualItemsExcludingGoodwill-87.00K-470.00K9.05M-15.86M
NetIncomeFromContinuingOperationNetMinorityInterest-190.18M-182.57M-135.94M-117.32M
ReconciledDepreciation33.66M29.74M29.95M10.85M
ReconciledCostOfRevenue320.06M193.18M192.01M64.13M
EBITDA-151.80M-144.93M-95.20M-91.20M
EBIT-185.46M-174.67M-125.15M-102.05M
NetInterestIncome-3.95M-4.25M-7.80M-6.13M
InterestExpense3.95M4.25M7.80M
NormalizedIncome-190.11M-182.20M-143.09M-102.41M
NetIncomeFromContinuingAndDiscontinuedOperation-190.18M-182.57M-135.94M-117.32M
TotalExpenses626.01M422.51M346.20M164.29M
TotalOperatingIncomeAsReported-189.80M-177.92M-135.20M-102.05M
DilutedAverageShares495.93M481.77M466.21M209.90M
BasicAverageShares495.93M481.77M466.21M209.90M
DilutedEPS-0.38-0.38-0.29-0.56
BasicEPS-0.38-0.38-0.29-0.56
DilutedNIAvailtoComStockholders-190.18M-182.57M-135.94M-117.32M
NetIncomeCommonStockholders-190.18M-182.57M-135.94M-117.32M
NetIncome-190.18M-182.57M-135.94M-117.32M
NetIncomeIncludingNoncontrollingInterests-190.18M-182.57M-135.94M-117.32M
NetIncomeContinuousOperations-190.18M-182.57M-135.94M-117.32M
TaxProvision764.00K3.65M3.00M-7.52M
PretaxIncome-189.41M-178.92M-132.95M-124.84M
OtherIncomeExpense4.34M3.25M10.06M-16.66M
OtherNonOperatingIncomeExpenses4.43M3.71M1.01M-798.00K
GainOnSaleOfSecurity-87.00K-470.00K9.05M-15.86M
NetNonOperatingInterestIncomeExpense-3.95M-4.25M-7.80M-6.13M
TotalOtherFinanceCost4.25M7.80M6.13M
InterestExpenseNonOperating3.95M4.25M7.80M
OperatingIncome-189.80M-177.92M-135.20M-102.05M
OperatingExpense305.95M229.33M154.19M100.16M
ResearchAndDevelopment174.39M119.05M65.17M41.77M
SellingGeneralAndAdministration131.56M110.27M89.03M58.40M
GrossProfit116.15M51.41M18.99M-1.89M
CostOfRevenue320.06M193.18M192.01M64.13M
TotalRevenue436.21M244.59M211.00M62.24M
OperatingRevenue436.21M244.59M211.00M62.24M
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber504.45M488.92M475.36M450.18M
ShareIssued504.45M488.92M475.36M450.18M
NetDebt130.44M
TotalDebt468.42M176.69M152.78M128.43M
TangibleBookValue252.80M415.43M522.49M597.65M
InvestedCapital783.94M659.89M776.15M798.57M
WorkingCapital353.10M253.35M499.35M678.46M
NetTangibleAssets252.80M415.43M522.49M597.65M
CapitalLeaseObligations66.94M71.34M49.83M28.30M
CommonStockEquity382.45M554.54M673.21M698.45M
TotalCapitalization771.89M642.13M773.25M795.75M
TotalEquityGrossMinorityInterest382.45M554.54M673.21M698.45M
StockholdersEquity382.45M554.54M673.21M698.45M
GainsLossesNotAffectingRetainedEarnings-2.81M1.54M1.14M1.31M
OtherEquityAdjustments-2.81M1.54M1.14M1.31M
RetainedEarnings-813.70M-623.53M-440.95M-305.01M
AdditionalPaidInCapital1.20B1.18B1.11B1.00B
CapitalStock50.00K49.00K48.00K45.00K
CommonStock50.00K49.00K48.00K45.00K
PreferredStock0.000.00
TotalLiabilitiesNetMinorityInterest801.89M386.67M315.92M282.40M
TotalNonCurrentLiabilitiesNetMinorityInterest462.36M163.29M152.98M186.09M
OtherNonCurrentLiabilities5.10M3.94M3.00M1.80M
PreferredSecuritiesOutsideStockEquity0.00
DerivativeProductLiabilities0.0058.23M
NonCurrentDeferredLiabilities891.00K426.00K95.00K466.00K
NonCurrentDeferredTaxesLiabilities891.00K426.00K95.00K466.00K
LongTermDebtAndCapitalLeaseObligation456.38M158.92M149.88M125.60M
LongTermCapitalLeaseObligation66.94M71.34M49.83M28.30M
LongTermDebt389.44M87.59M100.04M97.30M
CurrentLiabilities339.52M223.37M162.94M96.31M
OtherCurrentLiabilities17.95M15.04M22.25M11.00M
CurrentDeferredLiabilities216.16M139.34M108.34M59.75M
CurrentDeferredRevenue216.16M139.34M108.34M59.75M
CurrentDebtAndCapitalLeaseObligation12.04M17.76M2.91M2.83M
CurrentDebt12.04M17.76M2.91M2.83M
OtherCurrentBorrowings12.04M17.76M2.91M2.83M
PensionandOtherPostRetirementBenefitPlansCurrent8.27M
PayablesAndAccruedExpenses93.37M51.23M29.44M22.73M
CurrentAccruedExpenses19.46M5.59M8.72M10.98M
Payables73.91M45.65M20.72M11.76M
OtherPayable20.85M16.34M8.63M8.27M
AccountsPayable53.06M29.30M12.08M3.49M
TotalAssets1.18B941.21M989.12M980.85M
TotalNonCurrentAssets491.72M464.49M326.83M206.08M
OtherNonCurrentAssets35.47M22.83M10.66M5.67M
NonCurrentDeferredAssets3.01M3.50M3.90M5.86M
NonCurrentDeferredTaxesAssets3.01M3.50M3.90M5.86M
InvestmentsAndAdvances60.69M79.25M9.19M0.00
InvestmentinFinancialAssets60.69M79.25M9.19M0.00
AvailableForSaleSecurities60.69M79.25M9.19M
GoodwillAndOtherIntangibleAssets129.66M139.11M150.71M100.80M
OtherIntangibleAssets58.64M68.09M79.69M57.49M
Goodwill71.02M71.02M71.02M43.31M
NetPPE262.90M219.80M152.37M93.76M
AccumulatedDepreciation-65.58M-49.11M-36.39M-22.19M
GrossPPE328.48M268.91M188.76M115.95M
ConstructionInProgress27.29M26.00M26.77M22.38M
OtherProperties88.79M88.58M63.67M38.03M
MachineryFurnitureEquipment143.78M94.60M61.82M30.46M
BuildingsAndImprovements68.63M59.73M36.49M25.07M
Properties0.000.000.000.00
CurrentAssets692.62M476.72M662.29M774.76M
OtherCurrentAssets4.99M5.25M7.63M2.10M
AssetsHeldForSaleCurrent0.009.02M0.00
CurrentDeferredAssets2.49M
PrepaidAssets38.04M48.03M43.13M14.79M
Inventory119.07M107.86M92.28M47.90M
FinishedGoods7.96M9.17M8.24M2.22M
WorkInProcess60.46M53.63M50.66M24.17M
RawMaterials50.65M45.06M33.38M21.52M
Receivables111.53M61.80M47.47M19.01M
OtherReceivables75.09M26.62M10.89M5.05M
AccountsReceivable36.44M35.18M36.57M13.96M
CashCashEquivalentsAndShortTermInvestments418.99M244.77M471.79M690.96M
OtherShortTermInvestments147.95M82.25M229.28M0.00
CashAndCashEquivalents271.04M162.52M242.51M690.96M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-115.98M-153.57M-148.95M-97.49M
RepurchaseOfCapitalStock0.000.00-30.36M
RepaymentOfDebt-52.05M-107.91M-271.00K-15.00M
IssuanceOfDebt355.00M110.00M0.00113.89M
IssuanceOfCapitalStock0.000.00
CapitalExpenditure-67.09M-54.71M-42.41M-25.70M
InterestPaidSupplementalData16.29M15.55M10.75M3.99M
IncomeTaxPaidSupplementalData269.00K769.00K2.67M1.84M
EndCashPosition275.30M166.43M245.87M692.08M
BeginningCashPosition166.43M245.87M692.08M53.93M
EffectOfExchangeRateChanges-597.00K43.00K4.37M2.13M
ChangesInCash109.47M-79.48M-450.58M636.01M
FinancingCashFlow256.68M7.37M2.04M799.94M
CashFlowFromContinuingFinancingActivities256.68M7.37M2.04M799.94M
NetOtherFinancingCharges-90.71M-18.15M-37.11M728.25M
ProceedsFromStockOptionExercised44.44M23.43M39.42M3.15M
NetPreferredStockIssuance0.000.00
PreferredStockIssuance0.000.00
NetCommonStockIssuance0.000.00-30.36M
CommonStockPayments0.000.00-30.36M
NetIssuancePaymentsOfDebt302.95M2.09M-271.00K98.89M
NetShortTermDebtIssuance0.00
ShortTermDebtPayments-15.00M
ShortTermDebtIssuance15.00M
NetLongTermDebtIssuance302.95M2.09M-271.00K98.89M
LongTermDebtPayments-52.05M-107.91M-271.00K-15.00M
LongTermDebtIssuance355.00M110.00M0.00113.89M
InvestingCashFlow-98.33M12.02M-346.08M-92.13M
CashFlowFromContinuingInvestingActivities-98.33M12.02M-346.08M-92.13M
NetOtherInvestingChanges12.54M3.66M
NetInvestmentPurchaseAndSale-43.78M82.03M-237.84M0.00
SaleOfInvestment118.39M289.30M21.72M0.00
PurchaseOfInvestment-162.16M-207.27M-259.57M0.00
NetBusinessPurchaseAndSale0.00-18.97M-65.82M-66.44M
PurchaseOfBusiness0.00-18.97M-65.82M-66.44M
NetPPEPurchaseAndSale-67.09M-54.71M-42.41M-25.70M
PurchaseOfPPE-67.09M-54.71M-42.41M-25.70M
OperatingCashFlow-48.89M-98.87M-106.54M-71.79M
CashFlowFromContinuingOperatingActivities-48.89M-98.87M-106.54M-71.79M
ChangeInWorkingCapital45.79M-7.29M-47.69M-7.40M
ChangeInOtherWorkingCapital82.17M36.48M24.77M27.73M
ChangeInOtherCurrentLiabilities-947.00K-12.41M-1.74M-593.00K
ChangeInOtherCurrentAssets-12.92M-11.47M-7.07M-4.55M
ChangeInPayablesAndAccruedExpense33.89M12.31M-5.65M-1.44M
ChangeInAccruedExpense9.09M-3.27M-3.52M3.07M
ChangeInPayable24.80M15.59M-2.13M-4.52M
ChangeInAccountPayable24.80M15.59M-2.13M-4.52M
ChangeInPrepaidAssets7.59M-14.59M-15.06M-10.50M
ChangeInInventory-12.40M-15.56M-25.96M-12.07M
ChangeInReceivables-51.59M-2.05M-16.98M-5.97M
ChangesInAccountReceivables-1.43M1.45M-9.43M-7.79M
OtherNonCashItems8.82M10.03M6.03M3.56M
StockBasedCompensation56.82M53.46M55.65M32.56M
AmortizationOfSecurities-2.90M-4.57M-1.40M0.00
DeferredTax599.00K708.00K-576.00K-9.98M
DeferredIncomeTax599.00K708.00K-576.00K-9.98M
DepreciationAmortizationDepletion33.66M29.74M29.95M10.85M
DepreciationAndAmortization33.66M29.74M29.95M10.85M
OperatingGainsLosses-1.50M1.62M-12.56M15.95M
GainLossOnInvestmentSecurities-13.48M15.29M
NetIncomeFromContinuingOperations-190.18M-182.57M-135.94M-117.32M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for RKLB
Date User Asset Broker Type Position Size Entry Price Patterns