Rocket Lab USA

RKLB is going to grow 15 times more!

My opinion is that $RKLB (+2,71 %) is a multibagger, and it's going to be 15X what it is now (or more). There are no better words to explain why that is than those used by Peter Beck in this CNBC interview.

"SpaceX is the largest space company in the world, and I think people are starting to understand that Rocket Lab is looking like it's going to come in as the number two, and, you know, if you look at SpaceX's valuation, it's something like $200 billion; Rocket Lab is 5% of that or under 5% of that, and as those two companies start to look more and more similar, it's not surprising that, you know, the valuation gap starts to decrease over time."

Peter Beck, founder and CEO of Rocket Lab

What is your take? How many years you think it will take to reach that valuation?

Been following this company and Peter Beck's dream since inception and I am pretty satisfied with my intuition.

#rocketlab
#peterbeck
#rklb
#multibagger

Should we open a position, what does the crystal ball say here? $RKLB (+2,71 %) lol

Just to see why timing the market is bad, i asked in a previous post about entering a position here when it was 10 Euro, now it's 18 Euro and still didn't open a position

$RKLB (+2,71 %) | Rocket Lab Q3 '24 Earnings Highlights:

Financial Highlights

🔹 EPS: -$0.10 (Est. -$0.11) 🟢

🔹 Revenue: $105M (Est. $102M) 🟢; UP +55% YoY

🔹 Net Loss: $51.9M (Prev. $40.6M YoY)

🔹 Adjusted EBITDA: -$30.9M (Prev. -$15.5M YoY)

🔹 Total Backlog: $1.05B

Launch Achievements

🔸 Record 12 Electron launches YTD

🔸 Secured $55M in new launch contracts during Q3

🔸 Increased launch price by 67% since debut

🔸 Electron is the third most frequently launched rocket globally and the second in the U.S.

Space Systems Progress

🔸 Delivered two spacecraft for NASA's ESCAPADE Mars mission

🔸 Selected for Mars sample return study contract

🔸 Built two spacecraft for Varda Space Industries

🔸 Executing $515M contract with the Space Development Agency

Neutron Development

🔸 Signed a multi-launch agreement with a confidential constellation customer, potentially deploying the entire constellation

🔸 Awarded a USAF research contract for the Archimedes engine

🔸 Doubled engine testing frequency

🔸 Completed assembly facility construction for Neutron

Q4 2024 Guidance

🔹 Revenue: $125M-$135M

🔹 Gross Margin: 26%-28% (GAAP); 32%-34% (Non-GAAP)

🔹 Operating Expenses: $84M-$86M (GAAP)

🔹 Adjusted EBITDA Loss: $27M-$29M

CEO Peter Beck's Commentary

🔸 "Q3 marks another milestone in our end-to-end space strategy, with 55% revenue growth and significant progress in launch capabilities and space systems. Our expanding backlog and strategic launches position Rocket Lab strongly for future demand."

Every Day, is ATH day.

Growth Stock x Growth Portfolio

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