Every Rocket Lab Investor Should Keep an Eye on This Number
2025-03-04 10:00:00 ET
After soaring higher in 2024, shares of Rocket Lab USA (NASDAQ: RKLB) haven't enjoyed the same upward trajectory so far in 2025. For those who have hopped aboard for a ride with the space stock, this year's poor performance -- a 26% plunge -- is surely disconcerting as the S&P 500 index has remained about flat.
But the stock price is hardly the most important figure to monitor. Let's take a closer look at what should be a greater concern for investors to watch as Rocket Lab continues trying to shoot for the stars.
From private companies like Varda Space Industries to BlackSky to government contractors, Rocket Lab provides launch services to a variety of customers. In fact, Rocket Lab proclaims that its Electron rocket was the third-most frequently launched rocket in 2024 after SpaceX and China. While it's certainly a notable achievement, the company's ability to retain interest from customers is critical for its continued success. With this in mind, current (or potential) investors will want to gauge the company's backlog.
NASDAQ: RKLB
RKLB Trading
-7.12% G/L:
$123.29 Last:
12,925,843 Volume:
$128.10 Open:
