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Added to YB: 2026-04-08

Pitch date: 2026-04-04

RKLB [bullish]

Rocket Lab Corporation

-2.08%

current return

Author Info

Port Louis shares investment research on small-cap public companies, with a focus on special situations. Sign up for the newsletter.

Company Info

Rocket Lab Corporation, a space company, provides launch services and space systems solutions in the United States, Canada, Japan, and internationally.

Market Cap

$38.6B

Pitch Price

$67.73

Price Target

170.40 (+152%)

Dividend

N/A

EV/EBITDA

-220.20

P/E

-181.33

EV/Sales

62.70

Sector

Aerospace and Defense

Category

growth

Show full summary:
2026-03-31 Rocket Lab Corp [NASDAQ: RKLB] (Louis)

RKLB: Aerospace co specializing in small satellite launch (Electron rocket) & manufacturing (Photon platform). Q1 2026 rev +57% YoY, targeting $185M-$200M ARR, ~20% CAGR. Space Systems 66.9% of rev ($402.8M), $1.85B backlog (37% converts 2025). Launch Systems gaining share vs SpaceX. Govt/defense key customers ($190M DoD contract for 20 HASTE flights). Vertical integration drives cost savings & IP protection. FY2025 net loss $190M but path to profitability via strong rev growth. DCF yields 1yr PT $73, 3yr PT $124, 5yr PT $170 (+165% upside). BUY.

Read full article (8 min)