Fund Advisors of America Inc FL bought a new stake in shares of Rocket Lab Corporation (NASDAQ:RKLB – Free Report) in the second quarter, Holdings Channel reports. The institutional investor bought 7,010 shares of the rocket manufacturer’s stock, valued at approximately $713,000.
Other hedge funds also recently bought and sold shares of the company. Keating Financial Advisory Services Inc. bought a new position in Rocket Lab during the second quarter valued at $39,000. Patron Partners LLC bought a new stake in shares of Rocket Lab in the 2nd quarter worth about $318,000. Allworth Financial LP bought a new stake in shares of Rocket Lab in the 2nd quarter worth about $1,212,000. B. Metzler seel. Sohn & Co. AG purchased a new stake in shares of Rocket Lab during the 2nd quarter valued at about $3,217,000. Finally, Silvant Capital Management LLC purchased a new stake in shares of Rocket Lab during the 2nd quarter valued at about $10,829,000. Hedge funds and other institutional investors own 71.78% of the company’s stock.
Analyst Ratings Changes
RKLB has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft raised their price target on Rocket Lab from $73.00 to $120.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Citizens Jmp reiterated a “market outperform” rating and set a $130.00 price objective on shares of Rocket Lab in a research report on Tuesday, August 11th. KeyCorp reissued an “overweight” rating on shares of Rocket Lab in a research note on Tuesday, August 11th. Citigroup restated a “market outperform” rating on shares of Rocket Lab in a report on Tuesday, July 28th. Finally, BTIG Research reaffirmed a “hold” rating on shares of Rocket Lab in a research note on Tuesday, May 12th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $110.65.
Trending Headlines about Rocket Lab
Here are the key news stories impacting Rocket Lab this week:
- Positive Sentiment: Rocket Lab successfully completed its 93rd Electron mission, deploying an Earth-imaging satellite for Japan’s iQPS. The launch was the company’s 14th of 2026 and extended a 100% success streak for iQPS missions. Nine additional dedicated iQPS launches are booked through 2030, supporting future revenue visibility. Rocket Lab launches 93rd Electron mission
- Positive Sentiment: Recent U.S. Space Force and defense awards are strengthening Rocket Lab’s position as a national-security contractor. Highlights include participation in the NITE-STAR program, with a potential ceiling of $981 million, a protected military communications satellite-bus role, the $397 million Flatellite contract, and a record $266 million missile-defense launch award. The company’s backlog reportedly exceeds $2.3 billion.
- Positive Sentiment: CEO Peter Beck said the proposed $8 billion Iridium acquisition is intended to expand Rocket Lab’s satellite-communications capabilities without directly competing with SpaceX’s Starlink. Management is positioning the deal as a differentiated communications offering, although investors will weigh its strategic benefits against transaction and execution risks. Rocket Lab CEO discusses Iridium deal
- Neutral Sentiment: Analysts remain broadly optimistic, with a reported median price target of $120 and a separate consensus average of $110.65. However, these targets depend heavily on continued contract growth and successful Neutron development.
- Negative Sentiment: Rocket Lab remains unprofitable and recently missed quarterly EPS expectations despite beating revenue estimates. Heavy spending on Neutron has pressured margins, while a first-stage tank issue has pushed Neutron’s debut to the fourth quarter, delaying a major potential growth catalyst.
- Negative Sentiment: Valuation remains demanding after the sell-off, with the company trading at a very high sales multiple and carrying a negative earnings profile. In addition, reports show extensive insider selling—including sales by CEO Peter Beck—without reported insider purchases, which may weigh on sentiment.
- Negative Sentiment: Higher oil prices and rising long-term interest rates have raised concerns about an economic slowdown and weaker industrial orders across aerospace-related stocks. The post-IPO volatility in SpaceX has also continued to pressure the broader space sector.
Insider Buying and Selling at Rocket Lab
In other news, insider Frank Klein sold 36,860 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $147.42, for a total transaction of $5,433,901.20. Following the completion of the sale, the insider directly owned 1,006,987 shares of the company’s stock, valued at approximately $148,450,023.54. The trade was a 3.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Marvin Bradford Clevenger sold 3,500 shares of the company’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 completion of the transaction, the insider owned 473,975 shares in the company, valued at approximately $69,517,913.25. The trade was a 0.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 3,749,294 shares of company stock valued at $351,008,208. 8.40% of the stock is owned by company insiders.
Rocket Lab Price Performance
Shares of RKLB stock opened at $72.57 on Friday. Rocket Lab Corporation has a 52-week low of $37.57 and a 52-week high of $151.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.98 and a current ratio of 5.48. The firm has a market capitalization of $43.42 billion, a P/E ratio of -268.77 and a beta of 2.60. The stock has a 50 day moving average price of $81.86 and a 200 day moving average price of $85.21.
Rocket Lab (NASDAQ:RKLB – Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The rocket manufacturer reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.02). The business had revenue of $234.07 million for the quarter, compared to analysts’ expectations of $231.62 million. Rocket Lab had a negative net margin of 21.51% and a negative return on equity of 6.48%. As a group, sell-side analysts predict that Rocket Lab Corporation will post -0.2 earnings per share for the current year.
Rocket Lab Company Profile
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.
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