This summary was created by AI, based on 3 opinions in the last 12 months.
Rocket Lab USA (RKLB-Q) is a dynamic player in the aerospace sector, reporting impressive revenue figures of $364 million in the past year despite ongoing losses. Recently, they achieved a significant milestone with 55% revenue growth and boast a substantial backlog of $1.05 billion, signaling strong demand for their services. Notably, the company plans to launch a reusable rocket next year, which could enhance its operational efficiency and market competitiveness. Founded in 2006 and headquartered in Long Beach, California, Rocket Lab specializes in various innovative space solutions, including the Electron launch vehicles and Photon satellite systems. Additionally, social media mentions have surged by 257% in the last 24 hours, reflecting heightened interest and engagement with the company.
They just reported 55% revenue growth and $1.05 billion backlog. Is up 240% this year.
Rocket Lab USA is a American stock, trading under the symbol RKLB-Q on the NASDAQ (RKLB). It is usually referred to as NASDAQ:RKLB or RKLB-Q
In the last year, 2 stock analysts published opinions about RKLB-Q. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Rocket Lab USA.
Rocket Lab USA was recommended as a Top Pick by on . Read the latest stock experts ratings for Rocket Lab USA.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Rocket Lab USA In the last year. It is a trending stock that is worth watching.
On 2025-02-05, Rocket Lab USA (RKLB-Q) stock closed at a price of $28.21.
It's losing money, but generating $364 million in revenue the past year. They plan to launch a reusable rocket next year.