If You'd Invested $1,000 in Rocket Lab Stock 3 Years Ago, Here's How Much You'd Have Today [Yahoo! Finance]
Rocket Lab USA, Inc. (RKLB)
Company Research
Source: Yahoo! Finance
by over 80% before rebounding to around $2,600 by spring 2024. Despite still being unprofitable, the company has shown improving financials, growing sales, and a significant increase in its backlog, which has boosted investor confidence. While the stock is trading near its all-time high, its revenue and gross profit growth make it an attractive option for growth investors interested in space stocks. Generated by Yahoo Finance AI Yahoo Finance used generative AI to summarize key information from this article. Some details may be inaccurate. We take that seriously. Reporting mistakes helps us improve these summaries. Was this helpful? Yes No Rocket Lab (NASDAQ: RKLB) has been one of the strongest-performing stocks on the Nasdaq in 2024, soaring by more than 380% since the start of the year. That's impressive, but how have longer-term investors in Rocket Lab fared? For those who bought the stock back in December 2021 and held on through the ensuing turbulence, the return on
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RKLB
News
- Rocket Lab USA, Inc. (NASDAQ: RKLB) was upgraded by analysts at TD Cowen to a "strong-buy" rating.MarketBeat
- Rocket Lab Delivers Second Spacecraft, Completes Third for Varda Space Industries [Yahoo! Finance]Yahoo! Finance
- Rocket Lab Delivers Second Spacecraft, Completes Third for Varda Space IndustriesBusiness Wire
- The Ultimate Space Stock to Buy With $1,000 Right Now [Yahoo! Finance]Yahoo! Finance
- Rocket Lab USA, Inc. (NASDAQ: RKLB) had its price target raised by analysts at Wells Fargo & Company from $13.50 to $22.00. They now have an "equal weight" rating on the stock.MarketBeat
RKLB
Earnings
- 11/12/24 - Beat
RKLB
Sec Filings
- 12/12/24 - Form 4
- 12/11/24 - Form 144
- 12/5/24 - Form SC
- RKLB's page on the SEC website