Added to YB: 2024-09-19
Pitch date: 2024-09-17
RKLB [bullish]
Rocket Lab Corporation
+760%
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
$22.7B
Pitch Price
$7.15
Price Target
N/A
Dividend
N/A
EV/EBITDA
-122.80
P/E
-110.16
EV/Sales
39.98
Sector
Aerospace and Defense
Category
growth
RocketLab's Ascent: An IT Analogy for the Space Economy
RKLB: Vertically integrated space co. w/ Electron rocket (64% non-SpaceX US launches), Neutron in dev. Space systems 50%+ rev, $772M backlog. 91% CAGR 2021-23. Aiming for 50% launch GM at 24/yr by 2025. $500M cash, FCF -$30-50M/q. Bull: space economy growth, recurring rev potential. Risk: competition, cash burn.
Read full article (7 min)