Rocket Lab (RKLB) Stock Price

Financial Performance

Rocket Lab's recent quarterly revenue was reported at $132.4M, showing no change from the previous quarter. The gross profit was also consistent with the previous quarter at $36.8M. However, there is a concerning trend in their operating income profit which showed a decrease by -19.1% year over year to -$51.5M, indicating an ongoing struggle to achieve operational profitability. The EBITDA ratio of -0.31 further emphasizes this point.

Stock Price

The stock price currently stands at $30.04 and has seen significant growth with an increase of 19.1% over the last month and a remarkable 499.6% increase year over year, far outperforming the broader market average return during that period of time.The Relative Strength Index (RSI) value is currently at 64.2 suggesting that the stock is nearing overbought territory and may be due for a pullback or consolidation phase in the short term.The stock's current price represents a substantial premium compared to its 200-day moving average of $20.1.

Alternative Data Signals

Web traffic trends show a decrease both month-over-month (-20%) and year-over-year (-4%), potentially indicating decreased interest or engagement with Rocket Lab's services.Job postings are down by -4% month-over-month and -17% year-over-year which could suggest either efficiency improvements or cutbacks in growth plans.Employee sentiment seems positive as approximately 72% have reported positive business outlook despite being slightly lower than last year.Social media following has been growing steadily on both Twitter (12%) and Facebook (3%) over the past three months reflecting increasing public interest in Rocket Lab.

Conclusion

Despite operational profitability concerns, Rocket Lab's stock has performed exceptionally well in the market with substantial growth over the past year. However, alternative data signals present mixed indicators for future performance. The bullish stock performance combined with some bearish alternative data signals result in a neutral to slightly bullish outlook for Rocket Lab's stock.

Note: This AI Stock Analysis is based on data as of June 21. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Rocket Lab (RKLB), currently trading at $36.46, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.