Added to YB: 2026-06-16
Pitch date: 2026-06-13
RKLB [neutral]
Rocket Lab Corporation
+1.19%
current return
Author Info
Lorenzo's 2 cents shares analyses of tech companies. 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
$59.3B
Pitch Price
$107.96
Price Target
N/A
Dividend
N/A
EV/EBITDA
-387.31
P/E
-311.53
EV/Sales
85.25
Sector
Aerospace and Defense
Category
growth
RocketLab: is future growth already priced in?
RKLB (holding update): Q1 2026 rev $200.3M (+63.5% YoY), record 38.2% GAAP/43% non-GAAP gross margin. Backlog $2.2B (+20.2% QoQ, ~11x quarterly rev). 31 Electron/HASTE + 5 Neutron bookings, Neutron on track for late-year launch. Author remains invested but margin of safety thin; valuation already prices in Electron growth, Neutron success & margin expansion. Services layer not yet priced but 3-5yrs away. Watching closely.
Read full article (5 min)