“Moreover,” the analyst added, “we expect satellite manufacturers’ reduced risk appetite in the current economic environment, along with recent setbacks to global launch capacity, to provide tailwinds to RKLB given its relatively strong space heritage (2nd most launched US rocket). In the last reported quarter, 3Q22, the company showed a top line of $63.1 million, for a gain of 14% sequentially – and an impressive 1,093% year-over-year.Ĭovering this space launch firm for Morgan Stanley, analyst Kristine Liwag describes Rocket Lab as a ‘diamond in the rough,’ and writes: “We see opportunity in the market’s indiscriminate treatment of Space companies and view RKLB’s recent price performance presenting attractive risk / reward proposition for an early space mover with real revenue, an increasingly visible growth profile and initiatives underway that could potentially upend traditional launch economics.” The company’s revenues have been showing consistent quarter-over-quarter gains. Overall, Rocket Lab hit 9 successful launches in 2022, a company record for one calendar year. The US launch site will facilitate Rocket Lab’s work with customers from the US, both government and commercial entities. The company has scheduled its first US launch from a launch complex at the Virginia Space Mid-Atlantic Regional Spaceport of the NASA Wallops Flight Facility on January 23. Rocket Lab has been launching its missions from its New Zealand facility, but starting this month it will also be able to launch Electron rockets from US soil. Electron is currently the only reusable small launch vehicle in service, and Rocket Lab is working to supplement its capabilities through development of the larger Neutron rocket – an ambitious program that will see a reusable rocket capable of putting a 13,000 kilo payload into Earth orbit, or carrying 1,500 kilograms to Mars or Venus. The company’s Electron rocket, its flagship launch vehicle, is capable of putting a 300 kilogram payload into low Earth orbit, and over the course of 32 launches has successfully deployed 152 satellites. This is a high-potential niche, combining two major trends in orbital space travel – and Rocket Lab has taken a strong position. We’ll start with Rocket Lab, a firm working in the space-launch segment and a leader in the development of reusable small-payload launch vehicles. But for all their differences, both are considered Strong Buys on Wall Street, and both offer investors opportunity for triple-digit upside in the coming year, according to TipRanks’ database. So, let’s take a look at two space stocks, potential winners at two very different ends of this arena. Potential sectors that investors should watch are space tourism, satellite launching, geospatial imaging, solar power generation, possibly even asteroid mining.

Some estimates put the eventual value – say, by the 2030s – of the private space industry at $1 trillion or more. But in recent years private companies have begun cutting into that governmental dominance – and their encroachment is opening up vistas of opportunity for risk-tolerant investors.

As recently as the 1990s, space exploration and travel were the exclusive domain of national or transnational governments.

Rocket lab stock forecast 2030