RKLB
RKLB Stock Pops 9% After-Hours On $266M Air Force Win Retail Sees A Space Sector Catalyst
Article Summary
HOLD- Rocket Lab USA Inc. (NYSE: RKLB) jumped 9% after-hours following a $266 million U.S.
- Air Force contract for suborbital launch services, with one trader calling it a 'big catalyst for the space sector' Rocket Lab secured 12 sub-orbital launches through a competitive acquisition, with options for six additional missions through 2028.
- Work will be performed at the Pacific Spaceport Complex in Alaska and is expected to be completed by December 31, 2028, with the Air Force obligating $112 million in fiscal 2025 research, development, test and evaluation funds at the time of the award.
- The contract win comes just days after Rocket Lab and SpaceX were awarded positions on the National Security Space Launch Phase 3 Lane 1 program, with a $17 billion ceiling for future launch services.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 45.8% | 25% | 95.0 ptsOutstanding (45.8%) - Very strong |
| EPS Growth Next 5Y ? | 0.0% | 25% | 10.0 ptsVery Weak (0.0%) - Minimal expectations |
| Target Price Upside ? | 69.0% | 20% | 100.0 ptsMassive Upside (69.0%) - Target: $116.81 vs Current: $69.12 |
| Gross Margin % ? | 33.8% | 15% | 40.0 ptsModerate (33.8%) - Adequate margins |
| Drawdown from 52-Wk High ? | -54.2% | 15% | 100.0 ptsDeep Discount (-54.2%) - Best entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About RKLB
- Rocket Lab Corporation, a space company, provides launch services and space systems solutions in the United States, Canada, Japan, and internationally.
- The company operates through launch services and space systems segments.
- The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, optical systems, and other spacecraft and on-orbit management solutions and constellation management services, as well as designs and manufactures small and medium-class rockets and develops flight and ground software.
- It also designs, manufactures, and sells Electron, an orbital small launch vehicle for small spacecraft launch services, as well as develops Neutron launch vehicles for large constellation deployments, interplanetary missions, and potentially for human spaceflight.
- In addition, the company designs and manufactures a range of components and subsystems for its launch vehicles and spacecraft.
- It serves commercial, aerospace prime contractors, and government customers.
- Rocket Lab Corporation was formerly known as Rocket Lab USA, Inc. and changed its name to Rocket Lab Corporation in August 2021.
- The company was founded in 2006 and is headquartered in Long Beach, California.