Rocket Pharmaceuticals, Inc. (NASDAQ:RCKT – Free Report) – Stock analysts at Leerink Partnrs issued their Q2 2025 earnings per share estimates for Rocket Pharmaceuticals in a report released on Thursday, February 27th. Leerink Partnrs analyst M. Foroohar forecasts that the biotechnology company will post earnings per share of ($0.51) for the quarter. The consensus estimate for Rocket Pharmaceuticals’ current full-year earnings is ($2.83) per share. Leerink Partnrs also issued estimates for Rocket Pharmaceuticals’ Q4 2025 earnings at ($0.50) EPS.
A number of other brokerages have also commented on RCKT. Leerink Partners cut their price target on Rocket Pharmaceuticals from $46.00 to $44.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 19th. Cantor Fitzgerald reissued an “overweight” rating and set a $65.00 price target on shares of Rocket Pharmaceuticals in a research note on Tuesday, November 19th. Scotiabank raised their price objective on Rocket Pharmaceuticals from $51.00 to $52.00 and gave the stock a “sector outperform” rating in a research report on Monday. Needham & Company LLC lowered their price objective on Rocket Pharmaceuticals from $52.00 to $42.00 and set a “buy” rating for the company in a research report on Friday. Finally, Canaccord Genuity Group lowered their price objective on Rocket Pharmaceuticals from $39.00 to $36.00 and set a “buy” rating for the company in a research report on Monday. One analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $42.30.
Rocket Pharmaceuticals Stock Performance
Shares of RCKT stock opened at $8.79 on Monday. The business’s 50-day moving average price is $10.89 and its 200-day moving average price is $14.66. Rocket Pharmaceuticals has a 12 month low of $8.78 and a 12 month high of $30.94. The firm has a market capitalization of $801.27 million, a price-to-earnings ratio of -3.20 and a beta of 0.98. The company has a current ratio of 6.05, a quick ratio of 6.05 and a debt-to-equity ratio of 0.06.
Rocket Pharmaceuticals (NASDAQ:RCKT – Get Free Report) last announced its quarterly earnings results on Monday, March 3rd. The biotechnology company reported ($0.62) EPS for the quarter, beating analysts’ consensus estimates of ($0.68) by $0.06.
Institutional Investors Weigh In On Rocket Pharmaceuticals
A number of hedge funds have recently added to or reduced their stakes in the business. Wellington Management Group LLP increased its holdings in Rocket Pharmaceuticals by 24.5% in the fourth quarter. Wellington Management Group LLP now owns 13,995,177 shares of the biotechnology company’s stock worth $175,919,000 after purchasing an additional 2,753,033 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Rocket Pharmaceuticals by 18.8% during the fourth quarter. Vanguard Group Inc. now owns 6,577,595 shares of the biotechnology company’s stock valued at $82,680,000 after acquiring an additional 1,040,655 shares in the last quarter. Westfield Capital Management Co. LP increased its holdings in shares of Rocket Pharmaceuticals by 3.8% during the third quarter. Westfield Capital Management Co. LP now owns 4,493,833 shares of the biotechnology company’s stock valued at $83,001,000 after acquiring an additional 165,911 shares in the last quarter. Maverick Capital Ltd. increased its holdings in shares of Rocket Pharmaceuticals by 4.8% during the third quarter. Maverick Capital Ltd. now owns 4,118,672 shares of the biotechnology company’s stock valued at $76,072,000 after acquiring an additional 190,360 shares in the last quarter. Finally, Janus Henderson Group PLC increased its holdings in shares of Rocket Pharmaceuticals by 111.0% during the fourth quarter. Janus Henderson Group PLC now owns 4,004,039 shares of the biotechnology company’s stock valued at $50,343,000 after acquiring an additional 2,106,699 shares in the last quarter. 98.39% of the stock is currently owned by institutional investors.
About Rocket Pharmaceuticals
Rocket Pharmaceuticals, Inc, together with its subsidiaries, operates as a late-stage biotechnology company that focuses on developing gene therapies for rare and devastating diseases. It has three clinical-stage ex vivo lentiviral vector programs for fanconi anemia, a genetic defect in the bone marrow that reduces production of blood cells or promotes the production of faulty blood cells; leukocyte adhesion deficiency-I, a genetic disorder that causes the immune system to malfunction; and pyruvate kinase deficiency, a rare red blood cell autosomal recessive disorder that results in chronic non-spherocytic hemolytic anemia.
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