◆ NeutralRKLB
Rocket Lab Reports Nov. 9. Here's What I'd Need to See Before Buying the Stock.
The Motley Fool·
Rocket Lab will report Q3 results on Nov. 9 with forecasted revenue of $250-265 million (61-71% YoY growth). However, the stock has fallen 61% from its May peak due to Neutron rocket's delayed first flight to 2027. The analyst would consider buying if the company shows progress on the replacement dome for testing in Q1 2027 and demonstrates continued loss reduction, as the business currently trades at 38x sales with an adjusted EBITDA loss expected of $17-23 million in Q3.
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