Rocket Lab Corp [NASDAQ: RKLB] plunged by -$0.99 during the normal trading session on while it closed the day at $25.41.
Rocket Lab Corp stock has also loss -12.14% of its value over the past 7 days. However, RKLB stock has inclined by 35.09% in the 3 months of the year. Over the past six months meanwhile, it has gained 11.20% and lost -0.24% year-on date.
The market cap for RKLB stock reached $11.72 billion, with 460.54 million shares outstanding and 458.14 million shares in the current float. Compared to the average trading volume of 17.42M shares, RKLB reached a trading volume of 15480626 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Rocket Lab Corp [RKLB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RKLB shares is $28.58 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RKLB stock is a recommendation set at 1.69. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Needham have made an estimate for Rocket Lab Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 25, 2025. While these analysts kept the previous recommendation, JMP Securities raised their target price to Mkt Perform. The new note on the price target was released on September 12, 2024, representing the official price target for Rocket Lab Corp stock. Previously, the target price had yet another drop from $8 to $6, while Morgan Stanley kept a Equal-Weight rating on RKLB stock.
The Average True Range (ATR) for Rocket Lab Corp is set at 1.84, with the Price to Sales ratio for RKLB stock in the period of the last 12 months amounting to 25.16. The Price to Book ratio for the last quarter was 27.13, with the Price to Cash per share for the same quarter was set at 0.93.
RKLB stock trade performance evaluation
Rocket Lab Corp [RKLB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.14. With this latest performance, RKLB shares gained by 5.30% in over the last four-week period, additionally plugging by 11.20% over the last 6 months – not to mention a rise of 456.02% in the past year of trading.
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Rocket Lab Corp [RKLB]: An insightful look at the core fundamentals
Rocket Lab Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.72 and a Current Ratio set at 2.08.
Rocket Lab Corp [RKLB]: Institutional Ownership
The top three institutional holders of RKLB stocks are: VK SERVICES, LLC with ownership of 52.03 million shares, which is approximately 10.5278%. DEER MANAGEMENT CO. LLC, holding 40.74 million shares of the stock with an approximate value of $$195.55 million in RKLB stocks shares; and DEER MANAGEMENT CO. LLC, currently with $$149.96 million in RKLB stock with ownership which is approximately 6.3216%.
