KeyCorp Comments on Rocket Lab USA FY2026 Earnings

Rocket Lab USA, Inc. (NASDAQ:RKLB - Free Report) - Research analysts at KeyCorp issued their FY2026 earnings per share estimates for shares of Rocket Lab USA in a research note issued on Tuesday, April 22nd. KeyCorp analyst M. Leshock forecasts that the rocket manufacturer will post earnings of $0.07 per share for the year. KeyCorp has a "Overweight" rating and a $28.00 price target on the stock. The consensus estimate for Rocket Lab USA's current full-year earnings is ($0.38) per share.

A number of other equities analysts have also issued reports on RKLB. TD Cowen raised Rocket Lab USA to a "strong-buy" rating in a research report on Monday, February 24th. Wells Fargo & Company cut their price target on shares of Rocket Lab USA from $21.00 to $18.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 8th. Stifel Nicolaus boosted their target price on shares of Rocket Lab USA from $26.00 to $31.00 and gave the stock a "buy" rating in a research report on Wednesday, January 8th. Morgan Stanley increased their price target on shares of Rocket Lab USA from $18.00 to $20.00 and gave the stock an "equal weight" rating in a research report on Monday, March 10th. Finally, The Goldman Sachs Group boosted their price objective on Rocket Lab USA from $12.00 to $13.50 and gave the company a "neutral" rating in a report on Thursday, January 16th. Five research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $22.72.

Rocket Lab USA Trading Up 6.8 %

NASDAQ:RKLB opened at $20.33 on Thursday. Rocket Lab USA has a one year low of $3.56 and a one year high of $33.34. The business's 50-day simple moving average is $19.80 and its 200 day simple moving average is $20.98. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.16 and a current ratio of 2.58. The stock has a market cap of $9.22 billion, a price-to-earnings ratio of -54.94 and a beta of 2.08.

Rocket Lab USA (NASDAQ:RKLB - Get Free Report) last announced its earnings results on Thursday, February 27th. The rocket manufacturer reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.01). Rocket Lab USA had a negative net margin of 51.76% and a negative return on equity of 39.47%. The firm had revenue of $132.39 million during the quarter, compared to analysts' expectations of $130.58 million.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Sanctuary Advisors LLC raised its position in shares of Rocket Lab USA by 34.0% during the 3rd quarter. Sanctuary Advisors LLC now owns 21,226 shares of the rocket manufacturer's stock worth $207,000 after buying an additional 5,381 shares in the last quarter. Franklin Resources Inc. bought a new position in shares of Rocket Lab USA during the 3rd quarter valued at about $107,000. Everence Capital Management Inc. acquired a new position in shares of Rocket Lab USA in the 4th quarter worth approximately $286,000. Harbor Capital Advisors Inc. acquired a new stake in Rocket Lab USA during the fourth quarter valued at approximately $2,395,000. Finally, SeaCrest Wealth Management LLC bought a new stake in Rocket Lab USA during the fourth quarter worth approximately $754,000. Institutional investors own 71.78% of the company's stock.

Insider Buying and Selling at Rocket Lab USA

In other news, insider Frank Klein sold 1,835 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 1,417,644 shares in the company, valued at approximately $28,253,644.92. The trade was a 0.13 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 13.70% of the stock is currently owned by company insiders.

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.

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