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Healthcare - Biotechnology - NASDAQ - US
$ 13.98
-5.67 %
$ 1.27 B
Market Cap
-5.12
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one RCKT stock under the base case scenario is HIDDEN Compared to the current market price of 14 USD, Rocket Pharmaceuticals, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart RCKT

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FINANCIALS
0 REVENUE
0.00%
-260 M OPERATING INCOME
-15.74%
-246 M NET INCOME
-10.70%
-195 M OPERATING CASH FLOW
-9.42%
-98.1 M INVESTING CASH FLOW
-41.46%
208 M FINANCING CASH FLOW
34.20%
0 REVENUE
0.00%
-69.4 M OPERATING INCOME
5.82%
-66.7 M NET INCOME
4.20%
-52 M OPERATING CASH FLOW
3.35%
78.9 M INVESTING CASH FLOW
41.88%
120 K FINANCING CASH FLOW
-92.30%
Balance Sheet Decomposition Rocket Pharmaceuticals, Inc.
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Current Assets 378 M
Cash & Short-Term Investments 373 M
Receivables 0
Other Current Assets 5.05 M
Non-Current Assets 188 M
Long-Term Investments 34.3 M
PP&E 87.6 M
Other Non-Current Assets 66.2 M
Current Liabilities 48.5 M
Accounts Payable 0
Short-Term Debt 5.43 M
Other Current Liabilities 43.1 M
Non-Current Liabilities 25.3 M
Long-Term Debt 44.7 M
Other Non-Current Liabilities -19.4 M
EFFICIENCY
Earnings Waterfall Rocket Pharmaceuticals, Inc.
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Revenue 0
Cost Of Revenue 7.1 M
Gross Profit -7.1 M
Operating Expenses 260 M
Operating Income -260 M
Other Expenses -14.1 M
Net Income -246 M
RATIOS
0.00% GROSS MARGIN
0.00%
0.00% OPERATING MARGIN
0.00%
0.00% NET MARGIN
0.00%
-49.86% ROE
-49.86%
-43.37% ROA
-43.37%
-50.16% ROIC
-50.16%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Rocket Pharmaceuticals, Inc.
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Net Income -246 M
Depreciation & Amortization 7.1 M
Capital Expenditures -16.5 M
Stock-Based Compensation 39.4 M
Change in Working Capital 3.31 M
Others -5.97 M
Free Cash Flow -211 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Rocket Pharmaceuticals, Inc.
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Wall Street analysts predict an average 1-year price target for RCKT of $40.2 , with forecasts ranging from a low of $38 to a high of $45 .
RCKT Lowest Price Target Wall Street Target
38 USD 171.82%
RCKT Average Price Target Wall Street Target
40.2 USD 187.91%
RCKT Highest Price Target Wall Street Target
45 USD 221.89%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Rocket Pharmaceuticals, Inc.
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Sold
0-3 MONTHS
66.5 K USD 2
3-6 MONTHS
744 K USD 5
6-9 MONTHS
11.6 M USD 7
9-12 MONTHS
468 K USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 weeks ago
Oct 31, 2024
Sell 51.2 K USD
White Mark Andrew
See Remarks
- 3080
16.625 USD
2 weeks ago
Oct 31, 2024
Sell 15.2 K USD
Militello John
See Remarks
- 917
16.625 USD
3 months ago
Aug 16, 2024
Sell 19.7 K USD
Militello John
See Remarks
- 1064
18.504 USD
3 months ago
Aug 16, 2024
Sell 73.8 K USD
Patel Kinnari
See Remarks
- 3989
18.504 USD
3 months ago
Aug 16, 2024
Sell 179 K USD
Shah Gaurav
CEO
- 9650
18.504 USD
3 months ago
Aug 16, 2024
Sell 19 K USD
Wilson Martin
General Counsel
- 1027
18.504 USD
3 months ago
Jul 22, 2024
Sell 18.7 K USD
Militello John
See Remarks
- 812
23.015 USD
4 months ago
Jul 08, 2024
Sell 61.7 K USD
White Mark Andrew
See Remarks
- 3026
20.395 USD
6 months ago
May 16, 2024
Sell 25.2 K USD
Militello John
See Remarks
- 1079
23.35 USD
6 months ago
May 16, 2024
Sell 229 K USD
Shah Gaurav
CEO
- 9790
23.35 USD
6 months ago
May 16, 2024
Sell 24.5 K USD
Wilson Martin
General Counsel
- 1048
23.35 USD
6 months ago
May 16, 2024
Sell 94.5 K USD
Patel Kinnari
See Remarks
- 4046
23.35 USD
6 months ago
Apr 22, 2024
Sell 19.1 K USD
Militello John
See Remarks
- 833
22.87 USD
7 months ago
Apr 15, 2024
Sell 241 K USD
SOUTHWELL DAVID P
Director
- 10000
24.052 USD
7 months ago
Apr 12, 2024
Sell 1.45 M USD
SOUTHWELL DAVID P
Director
- 59716
24.224 USD
7 months ago
Apr 12, 2024
Sell 259 K USD
SOUTHWELL DAVID P
Director
- 10284
25.156 USD
7 months ago
Apr 08, 2024
Sell 309 K USD
White Mark Andrew
See Remarks
- 12532
24.638 USD
7 months ago
Mar 21, 2024
Sell 7.79 M USD
Makker Gotham
Director
- 274000
28.4341 USD
7 months ago
Mar 21, 2024
Sell 70 K USD
Militello John
See Remarks
- 2490
28.104 USD
8 months ago
Feb 29, 2024
Sell 298 K USD
Militello John
See Remarks
- 10000
29.845 USD
8 months ago
Feb 29, 2024
Sell 120 K USD
Wilson Martin
General Counsel
- 4100
29.331 USD
9 months ago
Feb 16, 2024
Sell 107 K USD
Wilson Martin
General Counsel
- 3576
29.838 USD
9 months ago
Feb 16, 2024
Sell 213 K USD
Patel Kinnari
See Remarks
- 7132
29.838 USD
9 months ago
Feb 16, 2024
Sell 96.6 K USD
Militello John
See Remarks
- 3238
29.838 USD
9 months ago
Feb 16, 2024
Sell 605 K USD
Shah Gaurav
CEO
- 20272
29.838 USD
9 months ago
Jan 22, 2024
Sell 17.4 K USD
Militello John
See Remarks
- 638
27.203 USD
1 year ago
Nov 15, 2023
Sell 451 K USD
Makker Gotham
Director
- 20000
22.5323 USD
1 year ago
Oct 20, 2023
Sell 9.62 K USD
Militello John
See Remarks
- 564
17.062 USD
1 year ago
Feb 17, 2023
Sell 20.5 K USD
Militello John
See Remarks
- 1076
19.06 USD
1 year ago
Sep 28, 2023
Sell 217 K USD
Makker Gotham
Director
- 10312
21.0318 USD
1 year ago
Sep 29, 2023
Sell 98.9 K USD
Makker Gotham
Director
- 4677
21.1383 USD
1 year ago
Sep 15, 2023
Bought 31.3 K USD
RTW INVESTMENTS, LP
director, 10 percent owner:
+ 3126955
0.01 USD
1 year ago
Aug 17, 2023
Sell 23.7 K USD
Patel Kinnari
See Remarks
- 1534
15.471 USD
1 year ago
Aug 17, 2023
Sell 73.8 K USD
Shah Gaurav
CEO
- 4767
15.471 USD
1 year ago
Aug 17, 2023
Sell 4.39 K USD
Militello John
See Remarks
- 284
15.471 USD
1 year ago
Jul 20, 2023
Sell 10.9 K USD
Militello John
See Remarks
- 573
19.033 USD
1 year ago
May 17, 2023
Sell 88.1 K USD
Shah Gaurav
CEO
- 4122
21.375 USD
1 year ago
May 17, 2023
Sell 28.4 K USD
Patel Kinnari
See Remarks
- 1330
21.375 USD
1 year ago
May 17, 2023
Sell 5.24 K USD
Militello John
See Remarks
- 245
21.375 USD
1 year ago
Apr 21, 2023
Sell 43.7 K USD
Militello John
See Remarks
- 2342
18.65 USD
1 year ago
Feb 17, 2023
Sell 67.8 K USD
Schwartz Jonathan David
See Remarks
- 3557
19.06 USD
1 year ago
Feb 17, 2023
Sell 23.7 K USD
Militello John
See Remarks
- 1244
19.06 USD
1 year ago
Feb 17, 2023
Sell 232 K USD
Shah Gaurav
CEO
- 12194
19.06 USD
2 years ago
Oct 06, 2022
Bought 20 M USD
RTW INVESTMENTS, LP
director, 10 percent owner, other: See Remarks
+ 1355932
14.75 USD
2 years ago
Oct 06, 2022
Bought 20 M USD
WONG RODERICK
Director
+ 1355932
14.75 USD
2 years ago
Mar 30, 2022
Sell 168 K USD
Schwartz Jonathan David
See Remarks
- 10562
15.94 USD
2 years ago
Mar 30, 2022
Sell 570 K USD
Schwartz Jonathan David
See Remarks
- 34438
16.56 USD
2 years ago
Mar 31, 2022
Sell 143 K USD
Schwartz Jonathan David
See Remarks
- 9002
15.9 USD
2 years ago
Mar 31, 2022
Sell 581 K USD
Schwartz Jonathan David
See Remarks
- 35998
16.15 USD
2 years ago
Apr 01, 2022
Sell 206 K USD
Schwartz Jonathan David
See Remarks
- 12974
15.86 USD
2 years ago
Apr 01, 2022
Sell 519 K USD
Schwartz Jonathan David
See Remarks
- 32026
16.2 USD
2 years ago
Mar 30, 2022
Sell 168 K USD
Schwartz Jonathan David
director: See Remarks
- 10562
15.94 USD
2 years ago
Feb 07, 2022
Bought 382 K USD
Shah Gaurav
CEO
+ 22000
17.3415 USD
3 years ago
Jun 16, 2021
Sell 1.62 M USD
Makker Gotham
Director
- 34685
46.8457 USD
3 years ago
Jun 17, 2021
Sell 18.8 K USD
Makker Gotham
Director
- 400
47.125 USD
3 years ago
May 11, 2021
Sell 29 M USD
RTW INVESTMENTS, LP
director, 10 percent owner:
- 725000
40.0324 USD
3 years ago
Dec 28, 2020
Sell 641 K USD
Patel Kinnari
Chief Operating Officer
- 11334
56.512 USD
3 years ago
Dec 28, 2020
Sell 310 K USD
Patel Kinnari
Chief Operating Officer
- 5427
57.1656 USD
3 years ago
Dec 10, 2020
Bought 13.9 M USD
RTW INVESTMENTS, LP
director, 10 percent owner:
+ 247720
56 USD
4 years ago
Mar 18, 2020
Bought 9.5 K USD
Patel Kinnari
Chief Operating Officer
+ 1000
9.5 USD
4 years ago
Dec 10, 2019
Bought 5.01 M USD
RTW INVESTMENTS, LP
director, 10 percent owner:
+ 225000
22.25 USD
5 years ago
Apr 16, 2019
Bought 9.63 M USD
RTW INVESTMENTS, LP
director, 10 percent owner:
+ 550005
17.5 USD
5 years ago
Mar 01, 2019
Sell 434 K USD
Shah Gaurav
See Remarks
- 25000
17.34 USD
5 years ago
Mar 04, 2019
Sell 430 K USD
Shah Gaurav
See Remarks
- 24900
17.28 USD
5 years ago
Mar 05, 2019
Sell 422 K USD
Shah Gaurav
See Remarks
- 25000
16.9 USD
5 years ago
Dec 13, 2018
Sell 589 K USD
SOUTHWELL DAVID P
Director
- 38768
15.19 USD
5 years ago
Dec 06, 2018
Sell 800 K USD
SOUTHWELL DAVID P
Director
- 52809
15.15 USD
5 years ago
Dec 07, 2018
Sell 73.4 K USD
SOUTHWELL DAVID P
Director
- 4923
14.91 USD
5 years ago
Dec 06, 2018
Bought 85 K USD
Patel Kinnari
Chief Operating Officer
+ 5675
14.98 USD
6 years ago
Aug 01, 2018
Sell 14 K USD
Yalamanchi Naveen
Director
- 637
22 USD
7 years ago
Jan 06, 2017
Bought 105 K USD
SOUTHWELL DAVID P
President and CEO
+ 60000
1.75 USD
8 years ago
May 13, 2016
Bought 90.3 K USD
CARROLL J MARTIN
Director
+ 10000
9.0294 USD
9 years ago
Feb 23, 2015
Bought 1.27 M USD
Pitango Venture Capital Principals Fund IV, L.P.
10 percent owner
+ 212375
6 USD
9 years ago
Feb 23, 2015
Bought 3.62 M USD
KARABELAS ARGERIS N
director, 10 percent owner:
+ 603832
6 USD
9 years ago
Feb 23, 2015
Bought 3.62 M USD
CARE CAPITAL II LLC
10 percent owner
+ 603832
6 USD
9 years ago
Feb 23, 2015
Bought 5.75 M USD
RHO VENTURES IV QP LP
10 percent owner
+ 958226
6 USD
9 years ago
Feb 23, 2015
Bought 4.88 M USD
Kantesaria Devang
10 percent owner
+ 814166
6 USD
9 years ago
Feb 23, 2015
Bought 4.88 M USD
DEVON PARK BIOVENTURES LP
10 percent owner
+ 814166
6 USD
9 years ago
Feb 23, 2015
Bought 2.5 M USD
MedImmune Ventures, Inc.
10 percent owner
+ 416667
6 USD
7. News
Rocket Pharmaceuticals to Present Updated Data from the Phase 1 Clinical Trial of RP-A501 for Danon Disease at the American Heart Association's 2024 Late-Breaking Science Sessions CRANBURY, N.J.--(BUSINESS WIRE)--Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT), a fully integrated, late-stage biotechnology company advancing a sustainable pipeline of genetic therapies for rare disorders with high unmet need, today announced that the company will be presenting new data on the results of the RP-A501 Phase 1 trial to treat patients with Danon disease at the American Heart Association's 2024 Late-Breaking Science sessions being held from November 16-18, 2024 in Chicago, Illinois. businesswire.com - 4 days ago
Rocket Pharmaceuticals' Q3 Earnings Beat, Pipeline in Focus RCKT incurs narrower-than-expected third-quarter 2024 loss. The company provides updates on its pipeline candidates. zacks.com - 5 days ago
Rocket Pharmaceuticals price target raised to $51 from $50 at Scotiabank Scotiabank raised the firm's price target on Rocket Pharmaceuticals to $51 from $50 and keeps an Outperform rating on the shares. The company provided "a slew of positive updates," which included an announcement of updated phase 1 data for RP-A501, the analyst tells investors. Rocket continues to have positive momentum with the potential to have multiple marketed products within the next 12 months, the firm adds. https://thefly.com - 5 days ago
Rocket Pharmaceuticals to Participate in the UBS Global Healthcare Conference CRANBURY, N.J.--(BUSINESS WIRE)--Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT), a fully integrated, late-stage biotechnology company advancing a sustainable pipeline of genetic therapies for rare disorders with high unmet need, today announced that the Company will participate in the UBS Global Healthcare Conference in Rancho Palos Verdes, CA. Gaurav Shah, M.D., Chief Executive Officer, will take part in a fireside chat on Tuesday, November 12, at 5:00 p.m. PT. A webcast of the fireside chat will. businesswire.com - 1 week ago
Rocket: Danon Disease Treatment Program Should Carry The Tide Until Regulatory Moves Enrollment completed for pivotal single-arm phase 2 study, using RP-A501 for the treatment of male patients with Danon disease. Promise for RP-A501 program lies with the potential to receive FDA Accelerated Approval for the treatment of male patients with Danon disease. The Danon disease treatment market is expected to reach $2.82 billion by 2030. seekingalpha.com - 1 month ago
RCKT Completes Enrollment in Rare Heart Disease Study, Stock Rises Rocket completes enrollment of patients in a pivotal phase II study evaluating RP-A501 for treating male patients with Danon disease. zacks.com - 1 month ago
Rocket Stock Down More Than 30% in Past Six Months: Here's Why The recent regulatory setbacks related to RCKT's pipeline candidate, Kresladi (marnetegragene autotemcel) weigh heavily on the stock. zacks.com - 2 months ago
3 Biotech Names With Potential Catalysts By Year End The huge sector rotation we have seen in the market over the past few weeks has significantly benefited the SPDR® S&P Biotech ETF. If this trend continues, small-cap names within the sector should continue to advance. Today, we look in more detail at three small/mid-cap biotech stocks with potential catalysts that should hit before the end of 2024. seekingalpha.com - 3 months ago
FDA Rejects Rocket's (RCKT) Gene Therapy BLA for Rare Disease Per the FDA, Rocket (RCKT) needs to submit additional manufacturing information on Kresladi gene therapy to secure approval for severe leukocyte adhesion deficiency-I (LAD-I), a rare genetic disorder. zacks.com - 4 months ago
FDA Again Delays Approval of Rocket Pharmaceuticals' Gene Therapy Treatment Rocket Pharmaceuticals (RCKT) shares declined in intraday trading Friday after the biopharmaceutical firm announced that the Food and Drug Administration (FDA) wants more data about its gene therapy to treat a rare immune disorder in children before granting approval. investopedia.com - 4 months ago
Rocket Pharmaceuticals Provides Regulatory Update on KRESLADI™ (marnetegragene autotemcel; marne-cel) CRANBURY, N.J.--(BUSINESS WIRE)--Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT), a fully integrated, late-stage biotechnology company advancing a sustainable pipeline of genetic therapies for rare disorders with high unmet needs, today announced a regulatory update for KRESLADI™ (marnetegragene autotemcel; marne-cel), a lentiviral (LV) vector-based gene therapy to treat severe leukocyte adhesion deficiency-I (LAD-I). The U.S. Food and Drug Administration (FDA) has issued a Complete Response Letter. businesswire.com - 4 months ago
Why Is Rocket Pharmaceuticals (RCKT) Down 4.8% Since Last Earnings Report? Rocket Pharmaceuticals (RCKT) reported earnings 30 days ago. What's next for the stock? zacks.com - 5 months ago
8. Profile Summary

Rocket Pharmaceuticals, Inc. RCKT

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 1.27 B
Dividend Yield 0.00%
Description 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.
Contact 9 Cedarbrook Drive, Cranbury, NJ, 08512 https://rocketpharma.com
IPO Date Feb. 18, 2015
Employees 268
Officers Mr. Aaron Ondrey Chief Financial Officer Kevin Giordano Director of Corporate Communications Dr. Gaurav D. Shah M.D. Chief Executive Officer & Director Mr. Mayo Pujols Chief Technical Officer Ms. Kinnari Patel M.B.A., Pharm.D. Head of R&D, President & Chief Operating Officer Ms. Isabel Carmona J.D. Chief People Officer Mr. Raj Prabhakar M.B.A. Chief Business Officer Mr. Martin Louis Wilson J.D. General Counsel, Chief Compliance Officer & Chief Corporate Officer Dr. Gayatri R. Rao J.D., M.D. Senior Vice President of Clinical Safety & Chief Regulatory Officer Mr. Jonathan Schwartz M.D. Chief Medical & Gene Therapy Officer