Rocket Pharmaceuticals, Inc. (NASDAQ:RCKT – Free Report) – Equities research analysts at Leerink Partnrs issued their Q2 2025 earnings estimates for Rocket Pharmaceuticals in a research note issued on Thursday, February 27th. Leerink Partnrs analyst M. Foroohar expects that the biotechnology company will earn ($0.51) per share for the quarter. The consensus estimate for Rocket Pharmaceuticals’ current full-year earnings is ($2.83) per share. Leerink Partnrs also issued estimates for Rocket Pharmaceuticals’ Q4 2025 earnings at ($0.50) EPS.
Several other equities research analysts have also issued reports on RCKT. Wedbush began coverage on shares of Rocket Pharmaceuticals in a research report on Monday, December 30th. They issued an “outperform” rating and a $32.00 price objective for the company. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $65.00 price target on shares of Rocket Pharmaceuticals in a report on Tuesday, November 19th. Jefferies Financial Group initiated coverage on shares of Rocket Pharmaceuticals in a report on Wednesday, December 18th. They set a “buy” rating and a $29.00 price objective for the company. Scotiabank raised their price objective on shares of Rocket Pharmaceuticals from $51.00 to $52.00 and gave the stock a “sector outperform” rating in a report on Monday. Finally, Leerink Partners reduced their price target on shares of Rocket Pharmaceuticals from $46.00 to $44.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 19th. One analyst has rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $42.30.
Rocket Pharmaceuticals Stock Performance
NASDAQ:RCKT opened at $8.66 on Monday. The company has a quick ratio of 6.05, a current ratio of 6.05 and a debt-to-equity ratio of 0.06. The company has a market cap of $789.42 million, a P/E ratio of -3.15 and a beta of 0.98. Rocket Pharmaceuticals has a fifty-two week low of $8.25 and a fifty-two week high of $28.73. The firm’s 50 day moving average is $10.84 and its two-hundred day moving average is $14.59.
Rocket Pharmaceuticals (NASDAQ:RCKT – Get Free Report) last announced its quarterly earnings data on Monday, March 3rd. The biotechnology company reported ($0.62) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.68) by $0.06.
Hedge Funds Weigh In On Rocket Pharmaceuticals
Several large investors have recently bought and sold shares of RCKT. Mirae Asset Global Investments Co. Ltd. increased its stake in Rocket Pharmaceuticals by 21.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,292 shares of the biotechnology company’s stock valued at $61,000 after buying an additional 582 shares during the period. Harbor Capital Advisors Inc. increased its stake in Rocket Pharmaceuticals by 73.5% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 168,506 shares of the biotechnology company’s stock valued at $3,112,000 after buying an additional 71,372 shares during the period. Privium Fund Management B.V. increased its stake in Rocket Pharmaceuticals by 17.5% during the 3rd quarter. Privium Fund Management B.V. now owns 294,800 shares of the biotechnology company’s stock valued at $5,445,000 after buying an additional 43,820 shares during the period. Pier 88 Investment Partners LLC increased its stake in Rocket Pharmaceuticals by 5.1% during the 3rd quarter. Pier 88 Investment Partners LLC now owns 32,490 shares of the biotechnology company’s stock valued at $600,000 after buying an additional 1,590 shares during the period. Finally, First Turn Management LLC increased its stake in Rocket Pharmaceuticals by 10.8% during the 3rd quarter. First Turn Management LLC now owns 621,306 shares of the biotechnology company’s stock valued at $11,476,000 after buying an additional 60,317 shares during the period. Institutional investors and hedge funds own 98.39% of the company’s stock.
About Rocket Pharmaceuticals
Rocket Pharmaceuticals, Inc, together with its subsidiaries, operates as a late-stage biotechnology company that focuses on developing gene therapies for rare and devastating diseases. It has three clinical-stage ex vivo lentiviral vector programs for fanconi anemia, a genetic defect in the bone marrow that reduces production of blood cells or promotes the production of faulty blood cells; leukocyte adhesion deficiency-I, a genetic disorder that causes the immune system to malfunction; and pyruvate kinase deficiency, a rare red blood cell autosomal recessive disorder that results in chronic non-spherocytic hemolytic anemia.
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