RKLBNASDAQ— Rocket Lab USA, Inc. Price & Analysis

Rocket Lab USA, Inc.

INDUSTRIALS — AEROSPACE & DEFENSE

$66.19

+$3.48+5.55%

Market Cap: $36.72B; Large Cap
P/E Ratio: N/A
EPS (TTM): $-0.36
Div. Yield: N/A

Technical Summary

RSI (14)55.69Neutral

SMA (50)$62.42Bullish

SMA (200)$78.63Bearish

MACD-2.0981Bullish

Bollinger$46.73 – $62.17Upper

Stochastic79.90Neutral

Theo Outlook

Rocket Lab USA, Inc. provides orbital launch services, spacecraft engineering and manufacturing, and on-orbit management for the space and defense industries. As of the quarter ended September 30, 2026, trailing twelve-month revenue stood at $881.9 million with a profit margin of -25.73 percent and diluted earnings per share of -$0.36. Market capitalization was $36.72 billion.

Bull case: quarterly revenue grew 72.8 percent year over year in the latest quarter while the company advances its Neutron medium-lift vehicle and Photon platforms. Bear case: trailing twelve-month EBITDA was -$150.84 million, operating margin was -27.64 percent, and return on equity was -6.83 percent.

Main risks include sustained negative earnings and cash flow. Analysis generated by HeyTheo AI from company and market data. It may be incomplete or inaccurate.

Analysis generated by HeyTheo AI on Nov 10, 2026.

Company Overview

Headquartered in Long Beach, California, Rocket Lab USA, Inc. is a prominent aerospace firm established in 2006. This company delivers a comprehensive suite of space-related services and hardware, primarily catering to the space and defense industries. Their operations encompass orbital launch capabilities, advanced spacecraft engineering and construction, production of various spacecraft components, and sophisticated on-orbit management services, including full constellation management. Rocket Lab is known for developing and producing a range of launch vehicles, from small to medium-class rockets. Key products include the highly successful Electron small orbital launch vehicle and the versatile Photon satellite platforms, both of which they design, manufacture, and market. Furthermore, the company is actively developing the larger Neutron launch vehicle, capable of carrying 8-ton payloads. Beyond manufacturing, they also conduct remote launch operations and craft specialized components and subsystems for both their Photon spacecraft family and the broader commercial spacecraft market. Their diverse clientele spans commercial enterprises, major aerospace contractors, and governmental entities.

Fundamental Snapshot

Revenue: $881.90M
EBITDA: $-150.84M
Gross Profit: $319.37M
Operating Margin: -27.6%
Profit Margin: -25.7%
ROE: -6.8%
Book Value: $8.95
Beta: 2.61
52-Wk High: $151.00
52-Wk Low: $37.57
Volume: 17.95M

Frequently Asked Questions

What does Rocket Lab do?

Rocket Lab USA, Inc. delivers orbital launch capabilities, spacecraft engineering, component production, and on-orbit services primarily for space and defense customers. It designs and operates the Electron small launch vehicle and Photon satellite platforms while developing the larger Neutron vehicle.

Where does Rocket Lab's revenue come from?

Revenue comes from launch services, spacecraft manufacturing, and related hardware and management services for commercial, aerospace, and government clients. Trailing twelve-month revenue reached $881.9 million as of September 30, 2026.

How does Rocket Lab compete?

The company competes through its Electron and developing Neutron launch vehicles along with Photon spacecraft platforms that serve both its own missions and third-party customers. It also supplies specialized components and subsystems to the broader commercial spacecraft market.

What are the main risks for Rocket Lab?

Key risks include ongoing negative profit margins of -25.73 percent and diluted earnings per share of -$0.36 for the trailing twelve months ended September 30, 2026. Additional risks stem from negative EBITDA of -$150.84 million and negative returns on assets and equity.

How is Rocket Lab valued?

As of the latest data, price-to-sales ratio stood at 41.4 times trailing twelve-month revenue, price-to-book ratio at 6.86 times, and enterprise value to revenue at 35.17 times. Trailing price-to-earnings and forward price-to-earnings ratios were not reported.