Research brief

RKLB

Rocket Lab

Latest committed close$81.042026-07-10

Not investment advice. This research page is a delayed personal research record, not a recommendation or signal for public readers to buy, sell, hold, copy, mirror, or size this security. Any plotted account activity is delayed and historical, not an active instruction.

Committed price history

RKLB daily close

Jun 9 - Jul 10

Latest$81.04-25.1%

1D-1.8% · -$1.515D-19.3% · -$19.42

Historical account activity

BJun 53.0000 @ $117.68

BJun 126.0000 @ $105.39

BJun 224.0000 @ $97.30

BJul 84.0000 @ $81.68

Live 1D TradingViewExtended hours when available · exchange time

Market facts

Market cap$46.9B

Enterprise value$45.7B

TTM revenue$679.6M

Revenue growth+45.8%

Gross margin36.6%

Operating margin-33.2%

P/S69.0x

EV/S67.3x

P/EN/M

SMA 50$107

SMA 200$77

RSI 1431.0

52w high$151

52w low$38

52w position38.3%

Volume14.5M

Market data: Yahoo Finance chart. Fundamentals: SEC EDGAR companyfacts as of 2026-05-20.

Research state

StatusActive Core Candidate

PriorityA

Baseline2026-05-30

Next checkIridium financing or approval update, Neutron update, material equity issuance, or price dislocation.

Thesis

Rocket Lab remains the strongest execution-led public space platform, but a large CEO-trust sale, Iridium integration and financing risk, an approximately 75-times-sales valuation, and a 34% account weight make the current decision hold with no add.

Upside path

Compound Electron, space systems, Neutron, defense missions, and a successfully integrated Iridium network into a broader space infrastructure platform.

Risk watch

Iridium financing and approvals, integration, Neutron delay, low-price equity issuance, margin and backlog conversion, insider overhang, and account concentration.

Analysis history

2026-07-11Ownership and concentration updateA- · Full Cycle Update · v1.1
Rocket Lab remains the strongest execution-led public space platform, but a large CEO-trust sale, Iridium integration and financing risk, an approximately 75-times-sales valuation, and a 34% account weight make the current decision hold with no add.
2026-07-11-MATERIAL-FILINGS-REFRESH.md
2026-05-30Ready-state refreshA · Ready State Refresh · v1.1
Rocket Lab remains the strongest execution-led space platform candidate, but the current price already discounts substantial success.
2026-05-30-ready-state-refresh.md
2026-05-26Initial baselineA · Initial Baseline · v1.0
Rocket Lab is the strongest execution-led public space platform in the initial universe, with revenue growth, margin expansion, and backlog evidence supporting a core-candidate role.
2026-05-26-initial-baseline.md