Rocket Lab’s (RKLB) Market Outperform Rating Reiterated at Citizens Jmp

Posted by George Bondi on Aug 11th, 2026

Rocket Lab (NASDAQ:RKLB – Get Free Report)‘s stock had its “market outperform” rating reiterated by equities research analysts at Citizens Jmp in a report issued on Tuesday,Benzinga reports. They currently have a $130.00 target price on the rocket manufacturer’s stock. Citizens Jmp’s target price suggests a potential upside of 64.98% from the company’s current price.

Other equities research analysts have also recently issued research reports about the stock. Piper Sandler initiated coverage on shares of Rocket Lab in a report on Wednesday, July 15th. They issued a “neutral” rating and a $83.00 price target on the stock. Deutsche Bank Aktiengesellschaft raised their target price on Rocket Lab from $73.00 to $120.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. KeyCorp upgraded Rocket Lab from a “sector weight” rating to an “overweight” rating and set a $135.00 target price on the stock in a research note on Monday, June 15th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Rocket Lab in a research report on Friday, July 17th. Finally, Cantor Fitzgerald increased their price target on Rocket Lab from $96.00 to $122.00 and gave the stock an “overweight” rating in a research note on Tuesday. Three research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Rocket Lab presently has a consensus rating of “Moderate Buy” and an average price target of $110.65.

Get Our Latest Analysis on Rocket Lab

Rocket Lab Stock Down 1.6%

RKLB traded down $1.24 during midday trading on Tuesday, reaching $78.80. 10,102,800 shares of the company were exchanged, compared to its average volume of 24,047,287. The company has a market cap of $45.60 billion, a price-to-earnings ratio of -245.52 and a beta of 2.60. Rocket Lab has a one year low of $37.57 and a one year high of $151.00. The company’s fifty day moving average price is $88.02 and its 200 day moving average price is $85.69. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.02 and a current ratio of 4.47.

Rocket Lab (NASDAQ:RKLB – Get Free Report) last posted its earnings results on Monday, August 10th. The rocket manufacturer reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.02). Rocket Lab had a negative return on equity of 11.72% and a negative net margin of 26.87%.The firm had revenue of $234.07 million during the quarter, compared to the consensus estimate of $231.62 million. As a group, analysts expect that Rocket Lab will post -0.26 EPS for the current year.

Insider Activity

In related news, insider Marvin Bradford Clevenger sold 3,500 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $146.67, for a total transaction of $513,345.00. Following the transaction, the insider directly owned 473,975 shares of the company’s stock, valued at approximately $69,517,913.25. This trade represents a 0.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Frank Klein sold 36,860 shares of Rocket Lab stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $147.42, for a total transaction of $5,433,901.20. Following the completion of the transaction, the insider owned 1,006,987 shares in the company, valued at approximately $148,450,023.54. The trade was a 3.53% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 3,749,294 shares of company stock worth $351,008,208. Company insiders own 8.40% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of RKLB. Vanguard Group Inc. raised its holdings in shares of Rocket Lab by 13.4% during the fourth quarter. Vanguard Group Inc. now owns 47,420,192 shares of the rocket manufacturer’s stock valued at $3,308,033,000 after acquiring an additional 5,610,469 shares in the last quarter. BlackRock Inc. purchased a new position in Rocket Lab during the 2nd quarter valued at $4,124,970,000. Capital World Investors increased its position in Rocket Lab by 12.0% during the 4th quarter. Capital World Investors now owns 16,200,726 shares of the rocket manufacturer’s stock valued at $1,130,172,000 after purchasing an additional 1,738,623 shares during the period. Bank of New York Mellon Corp bought a new position in Rocket Lab in the 2nd quarter worth $245,764,000. Finally, State Street Corp raised its holdings in Rocket Lab by 1.0% in the 4th quarter. State Street Corp now owns 12,520,223 shares of the rocket manufacturer’s stock worth $873,411,000 after purchasing an additional 120,652 shares in the last quarter. Hedge funds and other institutional investors own 71.78% of the company’s stock.

Key Headlines Impacting Rocket Lab

Here are the key news stories impacting Rocket Lab this week:

Positive Sentiment: Record growth and backlog: Second-quarter revenue rose approximately 62% year over year to $234.1 million, exceeding estimates, while backlog increased 137% to $2.36 billion. Management also forecast third-quarter revenue of $250 million to $265 million, above the $236.4 million consensus. Rocket Lab Reports Q2 Revenue Beat, Record Backlog — Stock Falls Anyway
Positive Sentiment: Neutron demand is building: Kepler Communications selected Rocket Lab’s Neutron for a dedicated satellite launch no earlier than 2028, adding to a commercial manifest that the company says is approaching full capacity through the decade. Rocket Lab Selected by Kepler Communications for Dedicated Neutron Launch Mission
Positive Sentiment: Expansion supports longer-term opportunities: Rocket Lab Germany will pursue European satellite and component manufacturing, while the new GHOST deployable launch system is designed to expand responsive Electron and HASTE missions, including national-security work. Rocket Lab Establishes Rocket Lab Germany
Positive Sentiment: Analyst support remains strong: Cantor Fitzgerald raised its price target to $122 and maintained an “overweight” rating, while the reported analyst median target is about $120. Cantor Fitzgerald Raises Rocket Lab Price Target
Neutral Sentiment: CEO Peter Beck said Rocket Lab’s Iridium-related satellite-services strategy is not intended to compete directly with Starlink or Amazon’s broadband efforts. Management also sees potential future demand from orbital data centers and AI infrastructure, but these remain longer-term opportunities. Rocket Lab CEO Discusses Broadband Strategy
Negative Sentiment: Profitability missed expectations: Rocket Lab reported an adjusted loss of $0.08 per share, worse than the roughly $0.06 consensus estimate. Investors were particularly concerned that third-quarter gross-margin guidance of 29%–31% trails expectations near 37.6%. Rocket Lab Stock Falls on Disappointing Q3 Margin Forecast
Negative Sentiment: Rocket Lab remains unprofitable and used $84.1 million in operating cash during the quarter. The company’s elevated valuation makes margin pressure and execution risks more significant for investors. Rocket Lab Stock Falls on Q2 Earnings
Negative Sentiment: Reported insider activity shows extensive selling and no open-market purchases over the past six months, adding to investor caution after the stock’s sharp volatility and retreat from its record high.

About Rocket Lab

(Get Free Report)

Rocket Lab is an aerospace company that provides launch services, spacecraft, and space systems for commercial and government customers. The company’s primary launch vehicle is Electron, a small-lift orbital rocket designed to deploy small satellites and rideshare payloads to low Earth orbit. Rocket Lab also develops and manufactures the Rutherford engine, noted for its electric-pump-fed design and additive-manufactured components, which powers Electron and supports the company’s propulsion capabilities.