AEIS
Advanced Energy Industries, Inc.
AEIS has the edge over RKLB overall, supported by lower modeled downside and stronger modeled upside.
RKLB
Rocket Lab USA, Inc.
RKLB's outlook is improving, though it still trails on the overall score.
AEIS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Under pressure | |
| Strong |
AEIS's revenue, profitability and balance sheet are currently strong, but its cash flow is under pressure.
RKLB Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
RKLB's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
AEIS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 14x | $229 | — |
| Cheap | 21x | $150 | -35% |
| Current | 33x | $229 | — |
| Fair | 34x | $234 | +2.5% |
| Expensive | 67x | $465 | +103% |
Historical ranges are pointers, not guarantees.
AEIS's PE is in its fair range at 33x. If earnings grow as analysts expect, today's price would be 14x next year's earnings, in its cheap range.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
AEIS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect strong earnings and revenue growth for AEIS, with profitability improving. However, they disagree widely on these estimates.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RKLB's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
AEIS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $16.91 | +143% |
| Q3 2026 | $6.97 | +83% |
| Q2 2026 | $5.38 | +143% |
| Q1 2026 | $4.77 | +146% |
| Q4 2025 | $3.84 | +169% |
| Q3 2025 | $3.81 | +234% |
| Q2 2025 | $2.21 | -7.9% |
| Q1 2025 | $1.94 | -29% |
| Q4 2024 | $1.43 | -58% |
AEIS has the edge over RKLB on earnings quality, reporting a profit while its opponent remains loss making.
RKLB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.36 | +$0.03 |
| Q2 2026 | -$0.27 | +$0.19 |
| Q1 2026 | -$0.32 | +$0.09 |
| Q4 2025 | -$0.37 | +$0.01 |
| Q3 2025 | -$0.39 | -$0.02 |
| Q2 2025 | -$0.46 | -$0.11 |
| Q1 2025 | -$0.41 | -$0.04 |
| Q4 2024 | -$0.38 | $0.00 |
RKLB is still losing money, but less than at its worst: $0.36 per share over the past year, against $0.46 at its worst in mid-2025.
AEIS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $696.4M | +50% |
| Q2 2026 | $574.1M | +30% |
| Q1 2026 | $511M | +26% |
| Q4 2025 | $489.4M | +18% |
| Q3 2025 | $463.3M | +24% |
| Q2 2025 | $441.5M | +21% |
| Q1 2025 | $404.6M | +24% |
| Q4 2024 | $415.4M | +2.5% |
AEIS's revenue has grown year over year for eight quarters in a row: $696M last quarter, up 50% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 21% | +9.9 points |
| Q2 2026 | 17% | +9.4 points |
| Q1 2026 | 13% | +5.8 points |
| Q4 2025 | 12% | +3.4 points |
| Q3 2025 | 11% | +14 points |
| Q2 2025 | 7.2% | +3.6 points |
| Q1 2025 | 7.6% | +7.3 points |
| Q4 2024 | 8.2% | +4.8 points |
AEIS has the edge over RKLB on profitability, with a higher operating margin.
RKLB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $267.8M | +73% |
| Q2 2026 | $234.1M | +62% |
| Q1 2026 | $200.3M | +63% |
| Q4 2025 | $179.7M | +36% |
| Q3 2025 | $155.1M | +48% |
| Q2 2025 | $144.5M | +36% |
| Q1 2025 | $122.6M | +32% |
| Q4 2024 | $132.4M | +121% |
RKLB has the edge over AEIS on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -30% | +8.5 points |
| Q2 2026 | -25% | +17 points |
| Q1 2026 | -28% | +20 points |
| Q4 2025 | -28% | +11 points |
| Q3 2025 | -38% | +12 points |
| Q2 2025 | -41% | -0.5 points |
| Q1 2025 | -48% | -1.9 points |
| Q4 2024 | -39% | +41 points |
RKLB's operating margin was −30% last quarter, up 8.5 points from the same quarter a year ago.
AEIS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $34M | -33% |
| Q2 2026 | $35.5M | +108% |
| Q1 2026 | -$42.6M | -384% |
| Q4 2025 | $43M | -39% |
| Q3 2025 | $50.8M | +137% |
| Q2 2025 | $17.1M | +$25.2M |
| Q1 2025 | $15M | +$24.3M |
| Q4 2024 | $69.9M | +0.2% |
AEIS has the edge over RKLB on cash generation, producing positive trailing cash flow while its opponent burns cash.
RKLB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$23.9M | +$45.5M |
| Q2 2026 | -$110.1M | -$54.8M |
| Q1 2026 | -$77.4M | +$5.5M |
| Q4 2025 | -$114.2M | -$90.2M |
| Q3 2025 | -$69.4M | -$27.5M |
| Q2 2025 | -$55.3M | -$26.9M |
| Q1 2025 | -$82.9M | -$61.1M |
| Q4 2024 | -$23.9M | +$28.7M |
RKLB has burned cash in almost every quarter: −$326M over the past year, against −$232M the year before.
AEIS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.1% | -900K shares |
| 1 year | +7.5% | +2.9M shares |
| 3 years | +9.4% | +3.5M shares |
| 5 years | +7.9% | +3M shares |
| Available history | +7.5% | +2.9M shares |
AEIS has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $500,000 |
| Q4 2025 | $6.5M |
| Q3 2025 | — |
| Q2 2025 | $23.2M |
| Q1 2025 | $500,000 |
| Q4 2024 | — |
AEIS has spent almost nothing on buybacks in the past year.
RKLB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.6% | +22.6M shares |
| 1 year | +23% | +124M shares |
| 3 years | +35% | +168M shares |
| 5 years | +46% | +204M shares |
RKLB has 652M diluted shares, up 23% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
AEIS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.4x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.5x | Net Cash |
| Q4 2025 | -1.0x | Net Cash |
| Q3 2025 | -0.9x | Net Cash |
| Q2 2025 | -1.0x | Net Cash |
| Q1 2025 | -1.2x | Net Cash |
| Q4 2024 | -1.5x | Net Cash |
AEIS has more cash than debt.
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
AEIS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.9 | Neutral |
| Stochastic | 16.2 | Oversold |
AEIS's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
RKLB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.8 | Neutral |
| Stochastic | 27.6 | Neutral |
RKLB's weekly RSI is 47 (neutral) and its Stochastic is 28 (neutral).
AEIS PE vs Industrials Sector
| Metric | AEIS | Sector median | Relative |
|---|---|---|---|
| PE | 33x | 24x | 36% above |
| PE % | 48 | 58 | 10 pts below |
AEIS is trading at 33x earnings, a 36% premium to the Industrials sector's median of 24x.
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
AEIS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $246.9 | 7.3% below |
| 20 week MA | $275.8 | 17% below |
| 50 week MA | $292.3 | 22% below |
| 100 week MA | $214.9 | 6.5% above |
| 200 week MA | $158.7 | 44% above |
AEIS has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 44% above its 200-week average.
RKLB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.4 | 4.3% above |
| 20 week MA | $68.1 | 5.9% below |
| 50 week MA | $77.6 | 17% below |
| 100 week MA | $56.5 | 13% above |
| 200 week MA | $31.4 | 104% above |
RKLB has the edge over AEIS on trend strength, trading above more of its moving averages.
AEIS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $71.5 | $98.9 | +38% |
| 2021 | $98.9 | $89.1 | -10% |
| 2022 | $89.1 | $83.7 | -6% |
| 2023 | $83.7 | $108.9 | +30% |
| 2024 | $108.9 | $115.1 | +5.7% |
| 2025 | $115.1 | $217.9 | +89% |
| 2026 YTD | $217.9 | $228.8 | +5% |
AEIS has the edge over RKLB on returns for 2026, with the stronger performance.
RKLB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.82 | $10.3 | +4.9% |
| 2021 | $10.3 | $12.0 | +17% |
| 2022 | $12.0 | $3.77 | -69% |
| 2023 | $3.77 | $5.53 | +47% |
| 2024 | $5.53 | $27.2 | +392% |
| 2025 | $27.2 | $70.7 | +160% |
| 2026 YTD | $70.7 | $64.1 | -9.3% |
RKLB's yearly returns have swung widely, from +392% in 2024 to −69% in 2022. It's down 9.3% so far in 2026.