The Latest Breaking News from Rocket Lab USA

The veteran stock analyst shares his views on the aerospace company and the fintech group.

These speculative stocks have taken off this month.

In comparison with perceived market-leader SpaceX, Rocket Lab USA's (NASDAQ: RKLB) valuation is underwhelming. Given its $2.5 billion market capitalization, Rocket Lab is eclipsed by the $127 billion SpaceX.

Rocket Lab USA Inc (NASDAQ:RKLB) is preparing to launch a microwave oven-sized CubeSat dubbed CAPSTONE to a never-before-flown orbit around the Moon for NASA as soon as June 27th. The launch will take place from Rocket Lab Launch Complex 1 on New Zealand’s Mahia Peninsula. The Cislunar Autonomous Positioning System Technology Operations and…

Wells Fargo analyst Matthew Akers initiated coverage of Virgin Galactic Holdings Inc (NYSE:SPCE) with an Underweight rating and a price target of $4, implying a downside of 35%. SPCE has additional risk, according to the analyst, as he doubts it can create its new Delta spacecraft and continue to fund operations without another capital…

Space company Rocket Lab USA (RKLB) had only a semi-successful mission earlier this month, which drove its share price lower. However, the company posted solid top-line growth in its last reported quarter. So, currently trading less than $5, is the stock a buy now? Read on to find out.

 

Over the past 3 months, 4 analysts have published their opinion on Rocket Lab USA (NASDAQ:RKLB) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Rocket Lab USA's (NASDAQ:RKLB) short percent of float has risen 50.84% since its last report. The company recently reported that it has 13.97 million shares sold short, which is 7.18% of all regular shares that are available for trading.