RCKT · NASDAQ · Biotechnology

Rocket Pharmaceuticals (RCKT)

Develops gene therapies for rare immune and cardiovascular disorders.

$3.38
After hours+0.02 (+0.75%)
At close$3.36(+2.60%)
Loading prices…

Rocket Pharmaceuticals, Inc.RCKT
Health Care

Develops gene therapies for rare inherited disorders, with KRESLADI approved for severe LAD-I and a prioritized AAV cardiovascular pipeline. Operations are concentrated in R&D and commercial readiness, with execution tied to treatment-center logistics, post-approval follow-up, and resumed Danon dosing after a clinical hold.

Operates as a one-segment gene-therapy developer focused on rare inherited disease. KRESLADI is the approved lentiviral therapy for severe LAD-I, while the active AAV cardiovascular pipeline centers on RP-A501 for Danon disease, RP-A601 for PKP2-associated arrhythmogenic cardiomyopathy, and RP-A701 for BAG3-associated dilated cardiomyopathy.

Work is anchored in Cranbury, New Jersey, with most employees in the United States and small teams in Europe. The business has not yet shifted into material product revenue, so commercial execution depends on specialized treatment-center onboarding, manufacturing, and vein-to-vein logistics.

Current strategy is more concentrated after the 2025 reorganization. KRESLADI approval depends on longer-term follow-up and post-marketing data, and the Danon program depends on successful lower-dose dosing after its clinical hold was lifted.

Company facts

CEOGaurav Shah, MD
ListedJan 5, 2018
ExchangeNASDAQ
HeadquartersCranbury, NJ
CountryUnited States
Employees202
CIK0001281895
ISINUS77313F1066

Market cap$357.1M
EPS (ttm)−$0.1700
P/E (ttm)−19.24
ROE-5.8%
P/B0.9681
P/S
Dividend yieldDiv yield
Beta1.80vs XLV 0.71

Price target$9.00+167.9%Average of 19 analysts
ConsensusBuy14 of 19 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 16, 2026NeedhamUpgrade
Rating: HoldTarget:
Rating: BuyTarget: $9
Jan 8, 2026Morgan StanleyTarget
Target: $45
Target: $5
Nov 18, 2025JP MorganDowngrade
Rating: Overweight
Rating: Underweight
Oct 3, 2025Leerink PartnersReiterate
Rating: Target:
Rating: Market PerformTarget: $7
Aug 20, 2025B of A SecuritiesUpgrade
Rating: Neutral
Rating: Buy

Next report
Nov 5, 26
in 44 days
EPS estimate
−$0.39
Revenue estimate
$200.0K
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported−$0.62−$0.56−$0.59−$0.45−$0.38−$0.42$1.08Pending
Estimate−$0.68−$0.59−$0.57−$0.48−$0.42−$0.41$0.86−$0.39
Surprise+8.8%+5.1%−3.5%+6.2%+9.5%−2.4%+25.6%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
ReportedPending
Estimate$28.5K$800.0K$4.4M$312.5K$277.8K$4.5M$18.2M$200.0K
Surprise
Estimate−$0.39
ReportedDue Nov 5, 2026
Estimate$200.0K
ReportedDue Nov 5, 2026
View details

Debt to equity6.70%
Current ratio924.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$66.7M−$60.3M−$61.3M−$68.9M−$50.3M−$42.5M−$47.6M$123.2M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$69.4M−$62.7M−$64.4M−$71.1M−$52.2M−$44.0M−$48.5M−$46.9M
YoY growthLoss widenedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowed

Balance sheet, Jun 30, 2026Cash & short-term investments $283.7M · Total debt $24.8M · Total assets $423.1M · Shareholders' equity $368.8M

Revenue
$0
Operating income
−$46.9M
Net income
$123.2M
View details

No dividends on record.

Institutions91.52%100.46M shares
185 holders · as of Jun 30, 2026
Insiders3.61%3.96M shares
20 holders · as of Sep 15, 2026
Other4.87%5.35M shares
remainder

109.77M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
RTW Investments, LPInstitution
16.11%17.69Mas of Jun 30, 2026
BlackRock, Inc.Institution
9.04%9.92Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
5.29%5.81Mas of Jun 30, 2026
Citigroup IncInstitution
4.43%4.87Mas of Jun 30, 2026
Marshall Wace, LLPInstitution
3.67%4.03Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 11, 2026Martin Wilsonofficer: General Counsel−75,364$3.40
Aug 18, 2026Martin Wilsonofficer: General Counsel−631$3.38
Aug 18, 2026Gaurav Shahofficer: CEO−2,293$3.38
Aug 13, 2026Gaurav Shahofficer: CEO−2,837$3.38
Aug 13, 2026Martin Wilsonofficer: General Counsel−3,493$3.38
View details

CompareAfter hours

CompanyPriceChange
Rocket Pharmaceuticals$3.38+0.75%$357.1M
Lexeo Therapeutics$4.070.00%$320.4M
Tenaya Therapeutics$0.6811−1.28%$146.2M109.5
Solid Biosciences$8.61−3.31%$840.8M
Sarepta Therapeutics$21.07+1.20%$2.13B36.21.1−34.3%
REGENXBIO$8.15−0.12%$407.4M2.3+405.7%
Krystal Biotech$353.02+0.61%$9.84B41.841.322.3+24.1%
Median41.838.812.3+24.1%