FORR
Forrester Research, Inc.
FORR has lower modeled downside risk, despite its lower overall score.
RKLB
Rocket Lab USA, Inc.
RKLB has the edge over FORR overall, supported by stronger fundamentals and stronger modeled upside.
FORR Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Under pressure | |
| Under pressure | |
| Strong |
FORR's balance sheet is currently strong, but its revenue, profitability and cash flow are 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.
FORR PE Valuation
FORR has no meaningful PE right now: it lost money over the past year.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
FORR Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Decline | |
| Decline | |
| Stable | |
| Limited | |
| High |
Analysts expect FORR's earnings and revenue to decline, though with profitability holding steady.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
RKLB has the edge over FORR on the outlook, with more favorable earnings and revenue expectations.
FORR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.76 | — |
| Q3 2026 | -$2.34 | +$2.17 |
| Q2 2026 | -$2.22 | +$2.48 |
| Q1 2026 | -$2.80 | +$1.77 |
| Q4 2025 | -$6.28 | -$5.98 |
| Q3 2025 | -$4.51 | -$4.15 |
| Q2 2025 | -$4.70 | -6814% |
| Q1 2025 | -$4.57 | -22950% |
| Q4 2024 | -$0.30 | -288% |
FORR lost $2.34 per share over the past year, a smaller loss than the year before.
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 has the edge over FORR on earnings, with more consistent year-over-year improvement.
FORR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $86.1M | -8.7% |
| Q2 2026 | $100.2M | -10% |
| Q1 2026 | $85.5M | -4.9% |
| Q4 2025 | $101.1M | -6.5% |
| Q3 2025 | $94.3M | -8% |
| Q2 2025 | $111.7M | -8.3% |
| Q1 2025 | $89.9M | -10% |
| Q4 2024 | $108M | -8.5% |
FORR's revenue has slid since its 2022 peak: $86M last quarter, down 8.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2.8% | -2 points |
| Q2 2026 | 3.4% | -2.8 points |
| Q1 2026 | -22% | +76 points |
| Q4 2025 | -37% | -36 points |
| Q3 2025 | 4.7% | +5.4 points |
| Q2 2025 | 6.2% | -3.1 points |
| Q1 2025 | -97% | -88 points |
| Q4 2024 | -0.5% | +0.7 points |
FORR 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 FORR on sales, with more consistent year-over-year improvement.
| 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.
FORR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.9M | +253% |
| Q2 2026 | -$12.6M | -$8.4M |
| Q1 2026 | $19.4M | -26% |
| Q4 2025 | -$4.3M | -$1.8M |
| Q3 2025 | $524K | +$747K |
| Q2 2025 | -$4.2M | -$493K |
| Q1 2025 | $26.1M | +$26.9M |
| Q4 2024 | -$2.5M | -124% |
FORR 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.
FORR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.8% | -539K shares |
| 1 year | -1% | -197K shares |
| 3 years | -1.9% | -373K shares |
| 5 years | -2.4% | -472K shares |
| Available history | +2.3% | +424K shares |
FORR has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $10.3M |
| Q4 2025 | $133,000 |
| Q3 2025 | $2.4M |
| Q2 2025 | $44,000 |
| Q1 2025 | — |
| Q4 2024 | $2.9M |
| Q3 2024 | $5M |
| Q2 2024 | $3.9M |
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 | — |
FORR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2024 | -1.2x | Net Cash |
| Q3 2024 | -1.5x | Net Cash |
| Q2 2024 | -1.0x | Net Cash |
| Q1 2024 | -1.2x | Net Cash |
| Q4 2023 | -1.4x | Net Cash |
| Q3 2023 | -2.5x | Net Cash |
| Q2 2023 | -2.5x | Net Cash |
| Q1 2023 | -1.6x | Net Cash |
FORR 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.
FORR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.9 | Neutral |
| Stochastic | 27.6 | Neutral |
FORR's weekly RSI is 45 (neutral) and its Stochastic is 28 (neutral).
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).
FORR PE vs Industrials Sector
| Metric | FORR | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
FORR has no meaningful PE right now: it lost money over the past year.
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
FORR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.9 | 16% below |
| 20 week MA | $11.0 | 17% below |
| 50 week MA | $8.46 | 8.2% above |
| 100 week MA | $9.55 | 4.2% below |
| 200 week MA | $17.0 | 46% below |
FORR's trend is mixed: it's above one of its five weekly moving averages, and 46% below 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 FORR on trend strength, trading above more of its moving averages.
FORR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $41.9 | $40.4 | -3.6% |
| 2021 | $40.4 | $58.7 | +45% |
| 2022 | $58.7 | $34.4 | -41% |
| 2023 | $34.4 | $26.8 | -22% |
| 2024 | $26.8 | $15.7 | -41% |
| 2025 | $15.7 | $7.25 | -54% |
| 2026 YTD | $7.25 | $9.15 | +26% |
FORR 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.