Rocket Lab USA Inc. (RKLB · NASDAQ)
RKLB · MARKET VIEW
Market view · as of Sep 21, 2026
Price (last ~year)
Rocket Lab's stock has fallen 24.4% over the past three months to $64.57, leaving it 57.0% below its 52-week high, though the company just notched its 96th Electron mission success and 17th launch of 2026. Revenue growth remains strong at 62.0% YoY (TTM $769.1M), with quarterly revenue climbing from $155.1M to $234.1M over the past year, but the company still posts a -24.6% operating margin, -21.5% net margin, and -$137.3M in quarterly free cash flow. The balance sheet is liquid — $2.13B in cash against just $133.7M in total debt and a 5.48 current ratio — supporting operations while losses persist. Valuation is rich at 53.68x sales and 11.82x book with no positive earnings, and the analyst target of $109.37 implies substantial upside from current levels.
Valuation
- Market cap
- $41.29B
- P/B
- 11.82
- P/S
- 53.68
- EV/EBITDA
- -16.44
- Beta
- 2.612
- Analyst target
- $109.37
Quality & returns
- Gross margin
- 37.3%
- Operating margin
- -24.6%
- Profit margin
- -21.5%
- ROE
- -7.9%
- ROA
- -4.6%
Price movement
- Last
- $64.57
- 1-month
- -11.5%
- 3-month
- -24.4%
- RSI (14)
- 50
- vs SMA200
- -19.8%
- 52-wk position
- 22.7% -57.0% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-06-30 | $234.1M | $-57.5M | $-49.3M | $-22.4M |
| 2026-03-31 | $200.3M | $-56.0M | $-45.0M | $-30.7M |
| 2025-12-31 | $179.7M | $-51.0M | $-52.9M | $-21.9M |
| 2025-09-30 | $155.1M | $-59.0M | $-18.3M | $-47.2M |
Recent news
- Bullish MISSION SUCCESS: Rocket Lab Launches 96th Electron Mission · 2026-09-19
- Neutral Rocket Lab Is Playing a Much Bigger Game Than Rocket Launches, Eyes 90% Upside · 2026-09-17
- Neutral VIRGINIA RETIREMENT SYSTEMS ET Al Purchases New Holdings in Rocket Lab Corporation $RKLB · 2026-09-14
- Neutral Corient Private Wealth LP Buys 423,039 Shares of Rocket Lab Corporation $RKLB · 2026-09-13
- Neutral Integrated Wealth Concepts LLC Acquires 143,919 Shares of Rocket Lab Corporation $RKLB · 2026-09-10
- Bullish Rocket Lab Lifts Off in Virginia · 2026-09-08
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)