Cantor Fitzgerald Predicts Rocket Lab USA FY2026 Earnings

Rocket Lab USA, Inc. (NASDAQ:RKLB) – Equities researchers at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for Rocket Lab USA in a research report issued on Monday, June 9th. Cantor Fitzgerald analyst A. Sheppard expects that the rocket manufacturer will post earnings of ($0.06) per share for the year. Cantor Fitzgerald has a “Overweight” rating and a $35.00 price target on the stock. The consensus estimate for Rocket Lab USA’s current full-year earnings is ($0.38) per share.

Rocket Lab USA (NASDAQ:RKLB) last announced its earnings results on Thursday, May 8th. The rocket manufacturer reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.02). The company had revenue of $122.57 million during the quarter, compared to analysts’ expectations of $120.74 million. Rocket Lab USA had a negative net margin of 51.76% and a negative return on equity of 39.47%. The company’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.09) earnings per share.

RKLB has been the topic of several other research reports. Stifel Nicolaus raised their target price on shares of Rocket Lab USA from $29.00 to $34.00 and gave the stock a “buy” rating in a report on Wednesday, May 28th. KeyCorp reiterated an “overweight” rating on shares of Rocket Lab USA in a report on Tuesday, June 3rd. Citigroup cut their price target on shares of Rocket Lab USA from $35.00 to $33.00 and set a “buy” rating on the stock in a report on Friday, February 28th. Needham & Company LLC lifted their price target on shares of Rocket Lab USA from $28.00 to $32.00 and gave the company a “buy” rating in a report on Wednesday, May 28th. Finally, Morgan Stanley lifted their price target on shares of Rocket Lab USA from $18.00 to $20.00 and gave the company an “equal weight” rating in a report on Monday, March 10th. Five investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Rocket Lab USA presently has an average rating of “Moderate Buy” and a consensus target price of $26.18.

Rocket Lab USA Stock Down 8.3%

Shares of Rocket Lab USA stock opened at $27.17 on Tuesday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.16 and a current ratio of 2.58. Rocket Lab USA has a 52-week low of $4.20 and a 52-week high of $33.34. The stock has a market capitalization of $12.32 billion, a price-to-earnings ratio of -73.43 and a beta of 2.08. The company’s 50 day moving average price is $22.98 and its 200-day moving average price is $23.75.

Hedge Funds Weigh In On Rocket Lab USA

A number of hedge funds and other institutional investors have recently made changes to their positions in RKLB. Wellington Management Group LLP bought a new stake in Rocket Lab USA during the fourth quarter valued at about $17,261,000. Van ECK Associates Corp boosted its position in Rocket Lab USA by 26.9% during the fourth quarter. Van ECK Associates Corp now owns 166,369 shares of the rocket manufacturer’s stock valued at $4,237,000 after purchasing an additional 35,293 shares in the last quarter. AlphaCentric Advisors LLC boosted its position in Rocket Lab USA by 66.7% during the fourth quarter. AlphaCentric Advisors LLC now owns 25,000 shares of the rocket manufacturer’s stock valued at $637,000 after purchasing an additional 10,000 shares in the last quarter. Stratos Wealth Partners LTD. bought a new stake in Rocket Lab USA during the fourth quarter valued at about $1,281,000. Finally, Empowered Funds LLC bought a new stake in Rocket Lab USA during the fourth quarter valued at about $288,000. Institutional investors own 71.78% of the company’s stock.

Insider Activity at Rocket Lab USA

In related news, insider Frank Klein sold 1,835 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $19.93, for a total transaction of $36,571.55. Following the sale, the insider now owns 1,417,644 shares in the company, valued at approximately $28,253,644.92. This represents a 0.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Arjun Kampani sold 28,988 shares of the stock in a transaction on Friday, May 30th. The shares were sold at an average price of $26.66, for a total value of $772,820.08. Following the sale, the insider now owns 540,618 shares in the company, valued at $14,412,875.88. The trade was a 5.09% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 144,677 shares of company stock worth $3,517,479. Company insiders own 13.70% of the company’s stock.

Rocket Lab USA Company Profile

Rocket Lab USA, Inc, a space company, provides launch services and space systems solutions for the space and defense industries. 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.