Rocket Pharmaceuticals, Inc.

Rocket Pharmaceuticals, Inc.

RCKT·NASDAQ

$2.89

+1.0%
HealthcareBiotechnology

Rocket Pharmaceuticals, Inc., together with its subsidiaries, operates as a multi-platform 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. The company also has a clinical stage in vivo adeno-associated virus program for Danon disease, a multi-organ lysosomal-associated disorder leading to early death due to heart failure. It has license agreements with Fred Hutchinson Cancer Research Center; Centro de Investigaciones Energéticas, Medioambientales y Tecnológicas (CIEMAT), Centro de Investigacion Biomedica En Red, and Fundacion Instituto de investigacion Sanitaria Fundacion Jimenez Diaz; CIEMAT and UCL Business PLC; The Regents of the University of California; and REGENXBIO, Inc. Rocket Pharmaceuticals, Inc. is headquartered in Cranbury, New Jersey.

At a Glance

Live Snapshot
Market Cap$315.57M
EPS-2.0100
P/E Ratio-1.75
Earnings Date08/06/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -1.8).

Valuation inputs: P/E -1.8, earnings yield N/A, momentum +1.0%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -80.5%, ROIC -75.4%).

Profitability stack: net margin 0.0%, ROE -80.5%, ROIC -75.4%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +16.1%, momentum +1.0%, net margin 0.0%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

rckt

Rocket Pharmaceuticals, Inc. Market vs Earnings Trajectory

RCKT · NASDAQ
Current Price
$2.89
EPS (TTM)
$-1.87

Performance Analysis

EPS Growth

+25.5%

Strong earnings growth indicates robust business expansion and improving profitability.

Price-EPS Relationship

Divergent

Earnings are growing but price is falling—potential undervaluation opportunity if growth continues.

Stock Price Change

+0.0%

Over the 1Y period, stock price has increased by 0.0%.

P/E Ratio (TTM)

-1.8x

Relatively low P/E may indicate undervaluation or lower growth expectations.

Key Insight

Strong earnings growth (+25.5%) is outpacing price appreciation (+0.0%), potentially indicating an attractive entry point as the market may not have fully recognized the improving fundamentals.

Rocket Pharmaceuticals, Inc.

Rocket Pharmaceuticals, Inc. Fair Value Envelope

RCKT · NASDAQ

Our analysis suggests that RCKT has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $2.89, this represents a potential HIDDEN relative to our calculated worth for Rocket Pharmaceuticals, Inc..

Intrinsic Value
Current Price: $2.89
3Y-38.0%
5Y-20.0%
10Y-69.0%

No Revenue Data

RCKT has not reported any revenue values in the available annual periods.

3Y+1.0%
5Y+52.0%
10Y+421.0%
3Y+7.0%
5Y+155.0%
10Y+410.0%
3Y+2.0%
5Y+84.0%
10Y+404.0%
3Y-40.0%
5Y-44.0%
10Y+155.0%
Rocket Pharmaceuticals, Inc.

Rocket Pharmaceuticals, Inc. Profit Bridge

RCKT · NASDAQ
Revenue0.00
Cost of Goods Sold (11.03M)
Gross Profit-11.03M
Operating Expenses (217.49M)
Operating Income-228.52M
Interest Expense (1.89M)
Other Income/Expense5.39M
Pretax Income-223.12M
Income Tax (0.00)
Net Income-223.12M
Net Income
-223.12M

Profitability Analysis

No Gross Profit Margin Data

RCKT has not reported any gross profit margin values in the available annual periods.

No Operating Profit Margin Data

RCKT has not reported any operating profit margin values in the available annual periods.

No Net Profit Margin Data

RCKT has not reported any net profit margin values in the available annual periods.

-80.49%
Return on Equity
44%
3Y+78.0%
5Y+176.0%
10Y+37.0%
-67.52%
Return on Assets
38%
3Y+68.0%
5Y+172.0%
10Y+104.0%
-75.38%
Return on Invested Capital
35%
3Y+73.0%
5Y+213.0%
10Y+120.0%
RCKT

Rocket Pharmaceuticals, Inc. Cash Conversion Engine

RCKT · NASDAQ
Net Income-223.12M
Depreciation & Amortization11.03M
Stock-Based Compensation37.06M
Change in Working Capital-8.30M
Others-6.68M
Capital Expenditures-440.00K
Free Cash Flow-190.45M

Cash Flow Quality Analysis

FCF Conversion Rate

85.4%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

-0.2%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+11.7%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

-$8.30M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

rckt

Rocket Pharmaceuticals, Inc. Funding & Solvency Profile

RCKT · NASDAQ
Cash & Cash Equivalents49.61M
Net Receivables0.00
Inventory0.00
Other Current Assets100.22M
Total Current Assets150 M
Property, Plant & Equipment69.45M
Goodwill & Intangible Assets64.30M
Long-Term Investments0.00
Other Non-Current Assets1.82M
Total Non-Current Assets71 M
Total Assets
285.41M

Financial Health Analysis

Current Ratio

6.12x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.20x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

125 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

52% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

rckt

Rocket Pharmaceuticals, Inc. Street Expectations Map

RCKT · NASDAQ

Wall Street analysts project that RCKT stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 5.00, with estimates ranging from a low of 5.00 to a high of 5.00.

Lowest Target
5.00
73.01%
Consensus Target
5.00
73.01%
Highest Target
5.00
73.01%

The consensus 1-year price target stands at 5.00, with estimates ranging from a low of 5.00 to a high of 5.00.

Analyst Consensus Analysis

Upside Potential

+73.0%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

rckt

Rocket Pharmaceuticals, Inc. Insider Positioning

RCKT · NASDAQ

During the last 12 months, insiders have purchased $69K and sold $552K worth of RCKT shares, resulting in $483K of net selling activity.

3 Months

Bought

0

0.00

Sold

83.7K

275.03K

Net Activity

-275K

-$275K

3-6 Months

Bought

10.0K

34.40K

Sold

36.8K

122.04K

Net Activity

-88K

-$88K

6-9 Months

Bought

0

0.00

Sold

12.1K

36.70K

Net Activity

-37K

-$37K

9-12 Months

Bought

10.0K

34.10K

Sold

39.2K

118.20K

Net Activity

-84K

-$84K

Top Buyers

1
BE

Bjork Elisabeth

Director

20.0K shares2 transactions

$69K

Top Sellers

1
SG

Shah Gaurav

Officer: Ceo

87.6K shares7 transactions

$275K

2
WM

Wilson Martin

Officer: General Counsel

33.0K shares8 transactions

$106K

3
CS

Chaudhuri Sarbani

Officer: See Remarks

17.6K shares1 transactions

$68K

4
MJ

Militello John

Officer: See Remarks

15.9K shares9 transactions

$50K

5
SJD

Schwartz Jonathan David

Officer: See Remarks

16.2K shares4 transactions

$49K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $483K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.12:1

Weak buy/sell ratio. Selling significantly exceeds buying—monitor for potential fundamental concerns.

Recent Trend (3 Months)

$275K

Heavy recent selling activity. Recent insider sales notably exceed purchases—may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 1 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

No Dividend Yield Data

RCKT has not reported any dividend yield values in the available annual periods.

 

rckt Dividend History

RCKT
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%