In Friday’s Wall Street session, Rocket Lab Corp (NASDAQ:RKLB) shares traded at $26.79, down -2.05% from the previous session.
RKLB stock price is now 23.85% away from the 50-day moving average and 43.82% away from the 200-day moving average. The market capitalization of the company currently stands at $12.36B.
With the price target of $28, Needham recently initiated with Buy rating for Rocket Lab Corp (NASDAQ: RKLB). , while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, Spice Adam C., Officer bought 63,444 shares of the company’s stock on May 30 ’25. The stock was bought for $1,691,479 at an average price of $26.66. An SEC document containing details of the transaction can be found on the SEC’s website. On May 30 ’25, Officer Klein Frank bought 44,885 shares of the business’s stock. A total of $1,196,672 was incurred on buying the stock at an average price of $26.66. A total of 18.19% of the company’s stock is owned by insiders.
During the past 12 months, Rocket Lab Corp has had a low of $4.17 and a high of $33.34. As of last week, the company has a debt-to-equity ratio of 1.14, a current ratio of 2.08, and a quick ratio of 1.72.
The net profit margin was -44.32% and return on equity was -45.38% for RKLB. The company reported revenue of $122.57 million for the quarter, compared to $92.77 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 32.13 percent. For the current quarter, analysts expect RKLB to generate $134.86M in revenue.
