QualityDipStocks / Industrials · Defense & government services
Rocket Lab RKLB
Outside our quality screen, so we don’t track its dips. It’s 64% below its 52-week high.
Outside our quality screen, 18% under its Market Value. No fair value estimate for now: its free cash flow is negative.
- Fair value est.
- n/a
- Market Value
- $66.30price −18%
- Off 52-wk high
- −64%
- Risk vs market
- Highbeta 3.92
5 bullish · 5 bearish See why
Key levels
Every level vs today’s $54.73
- 52-wk lowlowest close, 1 year$39.48−27.9%
- PriceFri Oct 30 close$54.73you are here
- Market Valueavg paid since Aug 10$66.30+21.1%
- 52-wk highhighest close, 1 year$150.23+174.5%
Fair value estimate
No estimate for RKLB: negative free cash flow. We’d rather show nothing than a made-up number.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 30 to Oct 30, 252 sessions). Beta = how much RKLB moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Swings much more than the market, and its own price swings are 7.3× the S&P 500’s.
- Beta vs S&P 500
- 3.92
- Volatility
- 94% vs 13% SPY
- Correlation SPY
- 0.53
- Correlation QQQ
- 0.56
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 5 of 5
GrowthSales grew 53% to $769M over the last 12 months vs the 12 months before (SEC filings).
ProfitabilityOperating margin widened to −38.0% in FY2025 from −72.7% in FY2023 (SEC filings).
ProfitabilityGross margin widened to 34.4% in FY2025 from 21.0% in FY2023 (SEC filings).
GrowthSales compounded 42% a year from FY2022 to FY2025.
ValuationTrades 17.5% below its Market Value of $66.30, the average price paid since the Aug 10 filing.
Top bearish points 5 of 5
ValuationFree cash flow is negative (−$371M over the last 12 months), so there’s no cash-flow value under the price.
Balance sheetOperating income covers interest only -15.8× over the last 12 months.
ProfitabilityLost $165M over the last 12 months (net income, SEC filings).
Cash returnsShare count up 22.2% in a year: existing holders are being diluted.
QualityDoesn’t pass our quality screen: no positive free cash flow; ROE under 12% and ROIC under 10%.
Who’s talking about it
Notable investors, executives, analysts and public figures on Rocket Lab in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 1, 9:09 PM ET.
Compare with peers
Closest in size in Defense & government services
All fundamentals
FCF yield -1.0% · ROE -8% · Sales +53%
Valuation
- P/E
- n/aloss over the last 12 months
- Price / FCF
- n/anegative free cash flow
- FCF yield
- −1.0%
- EV / EBITDA
- n/anegative EBITDA
- Price / sales
- 48.24×
- Price / book
- 10.62×
- Market cap
- $37.1Blisted
- Enterprise value
- $34.8B
Growth
- Revenue, 12 months
- $769M
- Sales growth, 12 months
- +52.5%vs the 12 months before
- Sales growth, 3 yrs
- +41.8%/yrfrom FY2022
- Diluted EPS, 12 months
- −$0.27
- EPS growth, last FY
- n/afewer than two years of diluted EPS
- Net income, 12 months
- −$165M
- Net income growth
- n/anot reported in its SEC filings
Profitability
- Gross margin
- 37.3%
- Operating margin
- −29.1%
- Net margin
- −21.5%
- FCF margin
- −48.3%
- Return on equity
- −8%
- Return on invested capital
- −15%
Balance sheet
- Cash & short-term inv.
- $2.3B
- Total debt
- $13M
- Net cash
- $2.3B
- Debt / equity
- 0.00×
- Interest coverage
- -15.8×operating income / interest
Cash flow & returns
- Free cash flow, 12 months
- −$371M
- FCF growth, 12 months
- n/anot reported in its SEC filings
- Dividend yield
- 0%
- Payout ratio
- n/anot reported in its SEC filings
- Buybacks, 12 months
- n/anot reported in its SEC filings
- Share count, 1 year
- +22.2%diluted shares vs a year ago
- Stock-based comp
- $82M
Trailing 12 months to Jun 30, 2026; balance sheet at Jun 30, 2026. From Rocket Lab’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
Valuation details
MV $66.30
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
Momentum & 52-week range
RSI 40 · 5 days +4.0%
The business
FCF $-0.4B · Sales +62%
- Free cash flow, 12 months−$0.4B
- Free-cash-flow yield−1.0%
- Free-cash-flow margin−48%
- Gross margin37%
- Operating margin−29%
- Return on invested capital−5%
- Return on equity−9%
- Sales growth (latest quarter vs year-ago quarter)+62%
Next report
Nov 9
- DateMon Nov 9, after the close
- Consensus EPS($0.05)
- Year-ago EPS($0.01)
- QuarterSep/2026
From Nasdaq’s earnings calendar. A report resets Market Value.
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.
RKLB is outside our quality screen
One text when a published rule fires on one of the 333 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.