How to Buy Rocket Lab Usa Stock
Rocket Lab Usa Inc
Rocket Lab USA, Inc. , a space company, provides launch services and space systems solutions for the space and defense industries.
Rocket Lab Usa stock last closed at $24.00, down 2.6% from the previous day, and has increased 387.8% in one year. It has overperformed other stocks in the Aerospace & Defense industry by 3.61 percentage points. Rocket Lab Usa stock is currently +591.64% from its 52-week low of $3.47, and -20.69% from its 52-week high of $30.26.
As of Jan 17, 2025, there are 499.91M RKLB shares outstanding. The market value of RKLB is $12.00B. In the last 24 hours, 13.97M RKLB shares were traded.
How to Buy Rocket Lab Usa Stock
Wondering how to invest in Rocket Lab Usa stock? Here's how.
- Choose where to buy Rocket Lab Usa stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Rocket Lab Usa stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your method of payment and add your information.
- Analyze Rocket Lab Usa stock: The Rocket Lab Usa ticker symbol is RKLB. Is Rocket Lab Usa stock a good investment? Should you buy shares of RKLB? How do RKLB's underlying business fundamentals look? Do top analysts think Rocket Lab Usa is a good buy? Why has RKLB's stock price moved recently? (Hint: Our stock research website can help you evaluate if RKLB is a good stock to buy).
- Make your RKLB purchase: Decide if you will purchase RKLB shares at the current market price or use a limit order to buy RKLB stock at a given price.
- Get key alerts regarding your RKLB position: Create a watchlist to keep track of your investment in Rocket Lab Usa stock.
Step 1: Choose where to buy Rocket Lab Usa stock
You will need an online brokerage account in order to access the NASDAQ market and buy RKLB shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal info so you are able to buy RKLB stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create your new trading account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have opened your account on the best stock trading app for beginners, you can securely and quickly fund your account:
Watch the tutorial below to see the process of depositing money into your investment account.
Step 4: Analyze Rocket Lab Usa stock
Once you have identified the best place to buy Rocket Lab Usa stock, it's important to research their stock before you invest, so you truly comprehend the risk as well as the upside.
Rocket Lab Usa stock quick numbers
Fundamentals of RKLB
WallStreetZen was designed to help part-time investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on RKLB's stock page.
How is RKLB stock valued?
You can use many financial metrics, analyses, models, and charts to gauge RKLB's intrinsic value.
Using relative valuations metrics:
- RKLB may be overvalued based on its P/B ratio of 28.58x, relative to Aerospace & Defense industry P/B ratio of 6.42x
You can do more valuation research on RKLB's stock here.
Is RKLB a healthy company?
Signs that RKLB is financially healthy:
- There are more short-term assets than long-term liabilities on the RKLB balance sheet.
- RKLB has cash burn of 144673000. It has enough cash and short-term investments to cover this for at least one year.
- RKLB has $446.71M in cash and short term investments. This is sufficient to cover its annual cash burn of $144.67M.
- There are more short-term assets than short-term liabilities on the RKLB balance sheet.
Signs that RKLB is not financially healthy:
- RKLB has a relatively high debt to equity ratio of 1.75.
- RKLB profit margin has gone up by 0.2 percentage points in the past year, but the company is still unprofitable.
Is RKLB stock a Buy, Hold, or Sell, according to analysts?
Out of 7 Equities analysts who monitor RKLB, the consensus analyst rating on Rocket Lab Usa is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest RKLB Analyst Forecasts
Andres Sheppard, a top 1% analyst from Cantor Fitzgerald maintains RKLB with a strong buy rating and raises their RKLB price target from $7.00 to $24.00, on Nov 14, 2024.
Cantor Fitzgerald's Andres Sheppard raised their price target on Rocket Lab Usa (NASDAQ: RKLB) by 242.9% from $7 to $24 on 2024/11/14. The analyst maintained their Strong Buy rating on the stock.
Rocket Lab USA reported its Q3 2024 earnings.
In preparation for its new reusable-ready medium-lift launch rocket, Neutron, Rocket Lab USA announced a "multi-launch agreement" with an operator of commercial satellite constellations, Sheppard told investors.
Management noted that Neutron's launch will be "no earlier than mid-2025," the analyst added.
Earnings Report
For Q3 2024, Rocket Lab Usa reported:
- Loss per share of $0.10, which beat the Zacks Consensus Estimate of $(0.11) but missed, by 25%, Q3 2023’s $(0.08).
- Revenue of $104.81M, which beat the Zacks Consensus Estimate by 2.01% and, by 54.9%, Q3 2023’s $67.66M.
For Q4 2024, management guided:
- Revenue of $125M to $135M.
Founder and CEO Sir Peter Beck commented: “In Q3 2024, we once again executed against our end-to-end space strategy with successes and key achievements reached across small and medium launches, as well as space systems.
“Revenue grew 55% Y/Y to $105M, and we continue to see strong demand growth with our backlog at $1.05B.
“Significant achievements for the quarter included signing a launch service agreement for multiple launches on Neutron with a confidential commercial satellite constellation customer; successfully launching twelve Electron launches YTD, making 2024 a record year for launches with more still to come; signing $55M in new Electron launches, further cementing Electron’s position as a global launch leader; and being selected by NASA to complete a study contract for a proposal to retrieve samples from Mars and return them to Earth as part of a world-first mission.
“We expect to close out the year strongly with more Electron launches scheduled in 2024/11 and 2024/12, alongside continued progress across Neutron and space systems, that is behind our guidance for a record $125m to $135M revenue quarter in Q4.”
Michael Leshock, a top 30% analyst from KeyBanc maintains RKLB with a strong buy rating and raises their RKLB price target from $11.00 to $12.00, on Oct 24, 2024.
You can dive deeper into what analysts are projecting on the Rocket Lab Usa stock forecast page.
RKLB Momentum
Is RKLB Making Money?
Last year, RKLB revenue was $363.82M. In the past three year, RKLB's revenue has grown by 183.76% per year. This was faster than the Aerospace & Defense industry average of 13.38%.
Learn more about RKLB's earnings and revenue performance here.
Are RKLB executives and large shareholders buying or selling the stock?
Over the past year, executives and large shareholders at RKLB have sold more shares than they have bought.
Alexander R. Slusky, Director of RKLB, was the latest RKLB insider to sell. They sold $1,150,100.00 worth of RKLB stock on Dec 3, 2024.
Dig into more about who owns RKLB shares here.
Does RKLB stock generate passive income?
No, Rocket Lab Usa doesn't provide an income stream by paying out dividends.
What do other investors have to say about RKLB?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your RKLB purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, place a limit order.
Press the Open Trade button and eToro will execute the order.
If you need more help investing in stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your RKLB position
Now that you own some RKLB stock, you'll want to stay up-to-date on your new investment.
Start a watchlist to get notified of the latest news about your RKLB stock.
RKLB Feed
How to Buy Stock in Rocket Lab Usa
To summarize, here are the 6 steps to buy stock in Rocket Lab Usa:
- Choose where to buy Rocket Lab Usa stock
- Sign up for your brokerage account
- Put funds into your brokerage account
- Analyze Rocket Lab Usa stock
- Make your RKLB purchase
- Get key alerts regarding your RKLB position
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Rocket Lab Usa, hit the button below to create your watchlist.
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