Symbols / RKLB Stock $124.87 -5.80% Rocket Lab Corporation

Industrials • Aerospace & Defense • United States • NCM
RKLB (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Industrials
Industry Aerospace & Defense
CEO Sir Peter Beck
Exch · Country NCM · United States
Market Cap 72.27B
Enterprise Value 75.47B
Income -182.62M
Sales 679.58M
FCF (ttm) -215.00M
Book/sh 3.17
Cash/sh 2.39
Employees 2,600
Insider 10d —
IPO Nov 24, 2020
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E -14,655.52
PEG —
P/S 106.34
P/B 39.41
P/C —
EV/EBITDA -457.86
EV/Sales 111.05
Quick Ratio 3.87
Current Ratio 4.47
Debt/Eq 6.12
LT Debt/Eq —
EPS (ttm) -0.32
EPS next Y -0.01
EPS Growth —
Revenue Growth 63.50%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-08-06
Earnings (prior) 2026-05-07
ROA -6.58%
ROE -13.55%
ROIC —
Gross Margin 36.56%
Oper. Margin -22.36%
Profit Margin -26.87%
Shs Outstand 578.75M
Shs Float 539.19M
Insider Own 0.88%
Instit Own 57.96%
Short Float 5.79%
Short Ratio 1.41
Short Interest 33.29M
52W High 133.18
vs 52W High -6.24%
52W Low 23.92
vs 52W Low 422.01%
Beta 2.31
Impl. Vol. 54.49%
Rel Volume 0.62
Avg Volume 23.35M
Volume 14.41M
Target (mean) $100.84
Tgt Median $100.00
Tgt Low $60.00
Tgt High $127.00
# Analysts 15
Recom Buy
Prev Close $132.55
Price $124.86
Change -5.80%
About

Rocket Lab Corporation, a space company, provides launch services and space systems solutions in the United States, Canada, Japan, and internationally. The company operates through launch services and space systems segments. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, optical systems, and other spacecraft and on-orbit management solutions and constellation management services, as well as designs and manufactures small and medium-class rockets and develops flight and ground software. 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 formerly known as Rocket Lab USA, Inc. and changed its name to Rocket Lab Corporation in August 2021. The company was founded in 2006 and is headquartered in Long Beach, California.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$100.84
Mean price target
2. Current target
$124.95
Latest analyst target
3. DCF / Fair value
$-6.69
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$124.95
Low
$60.00
High
$127.00
Mean
$100.84

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-12 reit BTIG Hold → Hold —
2026-05-12 main Deutsche Bank Buy → Buy $120
2026-05-11 main Needham Buy → Buy $120
2026-05-08 main TD Cowen Buy → Buy $120
2026-05-08 main Citizens Market Outperform → Market Outperform $95
2026-04-20 reit Stifel Buy → Buy $105
2026-04-17 main Roth Capital Buy → Buy $100
2026-04-07 up Citizens Market Perform → Market Outperform $85
2026-04-01 init Wells Fargo — → Equal-Weight $60
2026-03-19 init Clear Street — → Buy $88
2026-03-13 reit Cantor Fitzgerald Overweight → Overweight $85
2026-03-02 main Deutsche Bank Buy → Buy $73
2026-02-27 main Cantor Fitzgerald Overweight → Overweight $85
2026-02-27 reit Citizens Market Perform → Market Perform —
2026-02-27 main Needham Buy → Buy $95
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
News
RSS: Latest RKLB news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-05-12 SLUSKY ALEXANDER R Director — 10,000 $0.00 $0
2026-05-12 SLUSKY ALEXANDER R Director — 100,000 $115.05 $11,807,634
2026-03-24 KAMPANI ARJUN E General Counsel — 77,189 $0.00 $0
2026-03-20 SPICE ADAM C Chief Financial Officer — 1,558 $0.00 $0
2026-03-06 SAINTIL MERLINE A Director — 18,126 $75.04 $1,360,171
2026-03-04 KLEIN FRANK Chief Operating Officer — 81,250 $66.83 $5,740,940
2026-03-04 KAMPANI ARJUN E General Counsel — 52,472 $66.83 $3,707,381
2026-03-02 SPICE ADAM C Chief Financial Officer — 62,744 $66.83 $4,366,349
2026-03-02 BECK PETER Chief Executive Officer — 18,857 $66.83 $1,312,257
2026-01-20 OLSON JON A Director — 15,205 $89.02 $1,388,221
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
601.80
+37.96%
436.21
+78.34%
244.59
+15.92%
211.00
Operating Revenue
601.80
+37.96%
436.21
+78.34%
244.59
+15.92%
211.00
Cost Of Revenue
394.62
+23.29%
320.06
+65.68%
193.18
+0.61%
192.01
Reconciled Cost Of Revenue
394.62
+23.29%
320.06
+65.68%
193.18
+0.61%
192.01
Gross Profit
207.18
+78.38%
116.15
+125.93%
51.41
+170.72%
18.99
Operating Expense
436.02
+42.51%
305.95
+33.41%
229.33
+48.73%
154.19
Research And Development
270.72
+55.23%
174.39
+46.48%
119.05
+82.69%
65.17
Selling General And Administration
165.30
+25.65%
131.56
+19.30%
110.27
+23.87%
89.03
Total Expenses
830.64
+32.69%
626.01
+48.17%
422.51
+22.04%
346.20
Operating Income
-228.84
-20.57%
-189.80
-6.68%
-177.92
-31.59%
-135.20
Total Operating Income As Reported
-228.84
-20.57%
-189.80
-6.68%
-177.92
-31.59%
-135.20
EBITDA
-155.47
-19.99%
-129.58
+1.58%
-131.65
-38.29%
-95.20
Normalized EBITDA
-155.01
-19.71%
-129.49
+1.29%
-131.18
-25.84%
-104.25
Reconciled Depreciation
43.94
+30.55%
33.66
+13.15%
29.74
-0.68%
29.95
EBIT
-199.41
-22.16%
-163.23
-1.14%
-161.40
-28.97%
-125.15
Total Unusual Items
-0.46
-432.18%
-0.09
+81.49%
-0.47
-105.20%
9.05
Total Unusual Items Excluding Goodwill
-0.46
-432.18%
-0.09
+81.49%
-0.47
-105.20%
9.05
Net Income
-198.21
-4.22%
-190.18
-4.16%
-182.57
-34.30%
-135.94
Pretax Income
-225.90
-19.26%
-189.41
-5.86%
-178.92
-34.58%
-132.95
Net Non Operating Interest Income Expense
-0.98
+75.29%
-3.95
+6.92%
-4.25
+45.53%
-7.80
Interest Expense Non Operating
26.49
+1.18%
26.18
+49.38%
17.52
+124.71%
7.80
Net Interest Income
-0.98
+75.29%
-3.95
+6.92%
-4.25
+45.53%
-7.80
Interest Expense
26.49
+1.18%
26.18
+49.38%
17.52
+124.71%
7.80
Interest Income Non Operating
25.51
+14.79%
22.23
+67.39%
13.28
—
Interest Income
25.51
+14.79%
22.23
+67.39%
13.28
—
Other Income Expense
3.92
-9.81%
4.34
+33.87%
3.25
-67.73%
10.06
Other Non Operating Income Expenses
4.38
-1.13%
4.43
+19.27%
3.71
+267.82%
1.01
Gain On Sale Of Security
-0.46
-432.18%
-0.09
+81.49%
-0.47
-105.20%
9.05
Tax Provision
-27.69
-3724.08%
0.76
-79.07%
3.65
+21.75%
3.00
Tax Rate For Calcs
0.00
-41.43%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-0.06
-211.71%
-0.02
+81.49%
-0.10
-105.20%
1.90
Net Income Including Noncontrolling Interests
-198.21
-4.22%
-190.18
-4.16%
-182.57
-34.30%
-135.94
Net Income From Continuing Operation Net Minority Interest
-198.21
-4.22%
-190.18
-4.16%
-182.57
-34.30%
-135.94
Net Income From Continuing And Discontinued Operation
-198.21
-4.22%
-190.18
-4.16%
-182.57
-34.30%
-135.94
Net Income Continuous Operations
-198.21
-4.22%
-190.18
-4.16%
-182.57
-34.30%
-135.94
Normalized Income
-197.80
-4.05%
-190.11
-4.34%
-182.20
-27.33%
-143.09
Net Income Common Stockholders
-198.21
-4.22%
-190.18
-4.16%
-182.57
-34.30%
-135.94
Diluted EPS
—
-0.38
+0.00%
-0.38
-31.03%
-0.29
Basic EPS
—
-0.38
+0.00%
-0.38
-31.03%
-0.29
Basic Average Shares
—
495.93
+2.94%
481.77
+3.34%
466.21
Diluted Average Shares
—
495.93
+2.94%
481.77
+3.34%
466.21
Diluted NI Availto Com Stockholders
-198.21
-4.22%
-190.18
-4.16%
-182.57
-34.30%
-135.94
Total Other Finance Cost
—
—
4.25
-45.53%
7.80
Line Item Trend 2025-12-31 2023-12-31
Total Assets
2,324.48
+146.97%
941.21
Current Assets
1,365.54
+186.44%
476.72
Cash Cash Equivalents And Short Term Investments
1,016.58
+315.31%
244.77
Cash And Cash Equivalents
828.66
+409.89%
162.52
Other Short Term Investments
187.92
+128.46%
82.25
Receivables
122.99
+99.01%
61.80
Accounts Receivable
39.00
+10.87%
35.18
Other Receivables
83.98
+215.45%
26.62
Inventory
158.41
+46.87%
107.86
Raw Materials
76.74
+70.30%
45.06
Work In Process
68.71
+28.13%
53.63
Finished Goods
12.96
+41.33%
9.17
Prepaid Assets
57.74
+20.21%
48.03
Current Deferred Assets
—
—
Assets Held For Sale Current
—
9.02
Other Current Assets
9.84
+87.53%
5.25
Total Non Current Assets
958.93
+106.45%
464.49
Net PPE
423.74
+92.79%
219.80
Gross PPE
514.60
+91.37%
268.91
Accumulated Depreciation
-90.86
-85.02%
-49.11
Properties
0.00
0.00
Buildings And Improvements
78.56
+31.53%
59.73
Machinery Furniture Equipment
195.28
+106.43%
94.60
Construction In Progress
111.17
+327.58%
26.00
Other Properties
129.60
+46.30%
88.58
Goodwill And Other Intangible Assets
430.50
+209.46%
139.11
Goodwill
205.75
+189.71%
71.02
Other Intangible Assets
224.75
+230.05%
68.09
Investments And Advances
82.25
+3.79%
79.25
Non Current Deferred Assets
1.90
-45.87%
3.50
Non Current Deferred Taxes Assets
1.90
-45.87%
3.50
Other Non Current Assets
20.56
-9.96%
22.83
Total Liabilities Net Minority Interest
602.62
+55.85%
386.67
Current Liabilities
334.48
+49.74%
223.37
Payables And Accrued Expenses
117.80
+129.92%
51.23
Payables
98.50
+115.80%
45.65
Accounts Payable
72.70
+148.09%
29.30
Other Payable
25.80
+57.89%
16.34
Current Accrued Expenses
19.30
+245.24%
5.59
Pensionand Other Post Retirement Benefit Plans Current
—
—
Current Debt And Capital Lease Obligation
—
17.76
Current Debt
—
17.76
Other Current Borrowings
—
17.76
Current Deferred Liabilities
195.44
+40.26%
139.34
Current Deferred Revenue
195.44
+40.26%
139.34
Other Current Liabilities
21.24
+41.24%
15.04
Total Non Current Liabilities Net Minority Interest
268.15
+64.21%
163.29
Long Term Debt And Capital Lease Obligation
253.96
+59.80%
158.92
Long Term Debt
154.11
+75.95%
87.59
Long Term Capital Lease Obligation
99.84
+39.96%
71.34
Non Current Deferred Liabilities
1.24
+191.31%
0.43
Non Current Deferred Taxes Liabilities
1.24
+191.31%
0.43
Other Non Current Liabilities
12.95
+228.40%
3.94
Preferred Securities Outside Stock Equity
—
—
Stockholders Equity
1,721.85
+210.50%
554.54
Common Stock Equity
1,721.85
+210.50%
554.54
Capital Stock
0.06
+20.41%
0.05
Common Stock
0.05
+10.20%
0.05
Preferred Stock
0.01
0.00
Share Issued
589.53
+20.58%
488.92
Ordinary Shares Number
543.57
+11.18%
488.92
Treasury Shares Number
45.95
0.00
Additional Paid In Capital
2,735.67
+132.53%
1,176.48
Retained Earnings
-1,011.91
-62.29%
-623.53
Gains Losses Not Affecting Retained Earnings
-1.96
-227.78%
1.54
Treasury Stock
0.00
—
Other Equity Adjustments
-1.96
-227.78%
1.54
Total Equity Gross Minority Interest
1,721.85
+210.50%
554.54
Total Capitalization
1,875.96
+192.15%
642.13
Working Capital
1,031.07
+306.98%
253.35
Invested Capital
1,875.96
+184.28%
659.89
Total Debt
253.96
+43.73%
176.69
Net Debt
—
—
Capital Lease Obligations
99.84
+39.96%
71.34
Net Tangible Assets
1,291.36
+210.85%
415.43
Tangible Book Value
1,291.35
+210.85%
415.43
Available For Sale Securities
82.25
+3.79%
79.25
Derivative Product Liabilities
—
—
Investmentin Financial Assets
82.25
+3.79%
79.25
Preferred Stock Equity
0.01
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-165.52
-238.56%
-48.89
+50.55%
-98.87
+7.20%
-106.54
Cash Flow From Continuing Operating Activities
-165.52
-238.56%
-48.89
+50.55%
-98.87
+7.20%
-106.54
Net Income From Continuing Operations
-198.21
-4.22%
-190.18
-4.16%
-182.57
-34.30%
-135.94
Depreciation Amortization Depletion
43.94
+30.55%
33.66
+13.15%
29.74
-0.68%
29.95
Depreciation And Amortization
43.94
+30.55%
33.66
+13.15%
29.74
-0.68%
29.95
Other Non Cash Items
0.80
-90.89%
8.82
-12.06%
10.03
+66.51%
6.03
Stock Based Compensation
71.10
+25.14%
56.82
+6.28%
53.46
-3.93%
55.65
Deferred Tax
-30.67
-5219.70%
0.60
-15.40%
0.71
+222.92%
-0.58
Deferred Income Tax
-30.67
-5219.70%
0.60
-15.40%
0.71
+222.92%
-0.58
Operating Gains Losses
8.54
+670.03%
-1.50
-192.41%
1.62
+112.91%
-12.56
Gain Loss On Investment Securities
—
—
—
-13.48
Change In Working Capital
-58.78
-228.36%
45.79
+727.86%
-7.29
+84.71%
-47.69
Change In Receivables
2.96
+105.74%
-51.59
-2417.76%
-2.05
+87.93%
-16.98
Changes In Account Receivables
0.67
+146.71%
-1.43
-198.35%
1.45
+115.40%
-9.43
Change In Inventory
-39.88
-221.71%
-12.40
+20.33%
-15.56
+40.06%
-25.96
Change In Prepaid Assets
-15.46
-303.66%
7.59
+152.04%
-14.59
+3.14%
-15.06
Change In Payables And Accrued Expense
8.29
-75.54%
33.89
+175.27%
12.31
+317.99%
-5.65
Change In Accrued Expense
-1.93
-121.25%
9.09
+377.44%
-3.27
+6.91%
-3.52
Change In Payable
10.22
-58.79%
24.80
+59.13%
15.59
+832.03%
-2.13
Change In Account Payable
10.22
-58.79%
24.80
+59.13%
15.59
+832.03%
-2.13
Change In Other Working Capital
-20.08
-124.44%
82.17
+125.27%
36.48
+47.26%
24.77
Change In Other Current Assets
15.83
+222.54%
-12.92
-12.66%
-11.47
-62.19%
-7.07
Change In Other Current Liabilities
-10.44
-1001.90%
-0.95
+92.37%
-12.41
-614.15%
-1.74
Investing Cash Flow
-347.40
-253.31%
-98.33
-918.16%
12.02
+103.47%
-346.08
Cash Flow From Continuing Investing Activities
-347.40
-253.31%
-98.33
-918.16%
12.02
+103.47%
-346.08
Net PPE Purchase And Sale
-156.28
-132.94%
-67.09
-22.64%
-54.71
-28.99%
-42.41
Purchase Of PPE
-156.28
-132.94%
-67.09
-22.64%
-54.71
-28.99%
-42.41
Capital Expenditure
-156.28
-132.94%
-67.09
-22.64%
-54.71
-28.99%
-42.41
Net Investment Purchase And Sale
-59.07
-34.93%
-43.78
-153.37%
82.03
+134.49%
-237.84
Purchase Of Investment
-275.32
-69.78%
-162.16
+21.76%
-207.27
+20.15%
-259.57
Sale Of Investment
216.25
+82.67%
118.39
-59.08%
289.30
+1231.69%
21.72
Net Business Purchase And Sale
-132.44
0.00
+100.00%
-18.97
+71.19%
-65.82
Purchase Of Business
-132.44
0.00
+100.00%
-18.97
+71.19%
-65.82
Net Other Investing Changes
0.40
-96.83%
12.54
+242.68%
3.66
—
Financing Cash Flow
1,071.27
+317.35%
256.68
+3383.27%
7.37
+261.05%
2.04
Cash Flow From Continuing Financing Activities
1,071.27
+317.35%
256.68
+3383.27%
7.37
+261.05%
2.04
Net Issuance Payments Of Debt
-61.47
-120.29%
302.95
+14388.14%
2.09
+871.59%
-0.27
Issuance Of Debt
26.72
-92.47%
355.00
+222.73%
110.00
0.00
Repayment Of Debt
-88.19
-69.42%
-52.05
+51.76%
-107.91
-39718.82%
-0.27
Long Term Debt Issuance
26.72
-92.47%
355.00
+222.73%
110.00
0.00
Long Term Debt Payments
-88.19
-69.42%
-52.05
+51.76%
-107.91
-39718.82%
-0.27
Net Long Term Debt Issuance
-61.47
-120.29%
302.95
+14388.14%
2.09
+871.59%
-0.27
Short Term Debt Issuance
—
—
—
—
Short Term Debt Payments
—
—
—
—
Net Short Term Debt Issuance
—
—
—
—
Net Common Stock Issuance
1,146.06
0.00
0.00
0.00
Common Stock Payments
—
—
0.00
0.00
Repurchase Of Capital Stock
—
—
0.00
0.00
Proceeds From Stock Option Exercised
126.97
+185.67%
44.44
+89.71%
23.43
-40.57%
39.42
Net Other Financing Charges
-140.28
-54.65%
-90.71
-399.80%
-18.15
+51.09%
-37.11
Changes In Cash
558.35
+410.07%
109.47
+237.73%
-79.48
+82.36%
-450.58
Effect Of Exchange Rate Changes
-0.11
+81.57%
-0.60
-1488.37%
0.04
-99.02%
4.37
Beginning Cash Position
275.30
+65.41%
166.43
-32.31%
245.87
-64.47%
692.08
End Cash Position
833.54
+202.77%
275.30
+65.41%
166.43
-32.31%
245.87
Free Cash Flow
-321.81
-177.46%
-115.98
+24.48%
-153.57
-3.10%
-148.95
Interest Paid Supplemental Data
24.55
+50.72%
16.29
+4.72%
15.55
+44.69%
10.75
Income Tax Paid Supplemental Data
0.85
+217.47%
0.27
-65.02%
0.77
-71.16%
2.67
Amortization Of Securities
-2.25
+22.61%
-2.90
+36.53%
-4.57
-227.67%
-1.40
Common Stock Issuance
1,146.06
0.00
0.00
—
Issuance Of Capital Stock
1,146.06
0.00
0.00
0.00
Net Preferred Stock Issuance
—
—
—
0.00
Preferred Stock Issuance
—
—
—
0.00
SEC Filings

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

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