Rocket Lab Corporation (NASDAQ:RKLB – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the twenty-three brokerages that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation, fourteen have given a buy recommendation and three have given a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $102.05.
Several equities analysts have issued reports on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Rocket Lab in a research report on Thursday, October 15th. Barclays started coverage on Rocket Lab in a research note on Friday, October 9th. They set an “overweight” rating and a $85.00 target price for the company. Morgan Stanley reissued an “overweight” rating on shares of Rocket Lab in a report on Wednesday, July 8th. Bank of America reduced their price target on Rocket Lab from $115.00 to $110.00 and set a “buy” rating for the company in a report on Monday, August 31st. Finally, Cantor Fitzgerald restated a “mixed” rating and issued a $122.00 price target on shares of Rocket Lab in a research note on Thursday, October 15th.
Get Our Latest Report on Rocket Lab
Insider Transactions at Rocket Lab
In other Rocket Lab news, CAO Agostino Ricupati sold 669 shares of the business’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $69.63, for a total transaction of $46,582.47. Following the sale, the chief accounting officer directly owned 26,863 shares in the company, valued at approximately $1,870,470.69. The trade was a 2.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Arjun Kampani sold 7,754 shares of the business’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $69.63, for a total transaction of $539,911.02. Following the sale, the senior vice president owned 256,951 shares in the company, valued at $17,891,498.13. The trade was a 2.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 400,749 shares of company stock valued at $26,964,474 in the last three months. Insiders own 8.40% of the company’s stock.
Institutional Investors Weigh In On Rocket Lab
A number of hedge funds and other institutional investors have recently modified their holdings of RKLB. Versant Capital Management Inc grew its holdings in Rocket Lab by 5.1% in the 2nd quarter. Versant Capital Management Inc now owns 2,049 shares of the rocket manufacturer’s stock valued at $208,000 after buying an additional 100 shares during the period. Bartlett & CO. Wealth Management LLC lifted its holdings in shares of Rocket Lab by 7.1% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 1,869 shares of the rocket manufacturer’s stock worth $120,000 after acquiring an additional 124 shares during the period. Sovereign Financial Group Inc. lifted its holdings in shares of Rocket Lab by 3.9% during the 1st quarter. Sovereign Financial Group Inc. now owns 3,320 shares of the rocket manufacturer’s stock worth $213,000 after acquiring an additional 125 shares during the period. Parvin Asset Management LLC lifted its holdings in shares of Rocket Lab by 4.0% during the 1st quarter. Parvin Asset Management LLC now owns 3,665 shares of the rocket manufacturer’s stock worth $235,000 after acquiring an additional 140 shares during the period. Finally, Wedmont Private Capital boosted its position in shares of Rocket Lab by 3.5% in the third quarter. Wedmont Private Capital now owns 4,644 shares of the rocket manufacturer’s stock worth $318,000 after acquiring an additional 157 shares during the last quarter. 71.78% of the stock is currently owned by institutional investors and hedge funds.
Rocket Lab Trading Down 0.9%
Shares of NASDAQ:RKLB opened at $50.90 on Friday. The firm’s 50-day simple moving average is $67.70 and its 200-day simple moving average is $84.05. The company has a quick ratio of 4.98, a current ratio of 5.48 and a debt-to-equity ratio of 0.01. Rocket Lab has a fifty-two week low of $37.57 and a fifty-two week high of $151.00.
Rocket Lab (NASDAQ:RKLB – Get Free Report) last issued its quarterly earnings results 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 firm had revenue of $234.07 million for the quarter, compared to analyst estimates of $231.62 million. Rocket Lab had a negative return on equity of 6.48% and a negative net margin of 21.51%. As a group, equities analysts predict that Rocket Lab will post -0.20 EPS for the current year.
More Rocket Lab News
Here are the key news stories impacting Rocket Lab this week:
- Positive Sentiment: Rocket Lab’s backlog has reportedly reached approximately $2.3 billion, up 137% year over year, supported by agreements including missile-defense satellite work for the U.S. Space Force. The backlog and ongoing Electron launch activity offer revenue visibility while Neutron development continues. Why Rocket Lab’s Recent Fall Is Overblown
- Positive Sentiment: Cantor Fitzgerald maintained an Overweight rating and its $122 price target, arguing that the recent selloff may be excessive despite the Neutron setback. Rocket Lab Stock Drops Today, but Cantor Fitzgerald Sticks to $122 Price Target
- Neutral Sentiment: Rocket Lab will release third-quarter 2026 results after the market close on November 9 and hold a conference call afterward. The announcement itself does not change financial expectations but gives investors a near-term earnings catalyst. Rocket Lab Announces Date of Third Quarter 2026 Financial Results
- Negative Sentiment: Rocket Lab postponed Neutron’s inaugural launch to 2027 after identifying manufacturing and structural problems in key propellant tanks. The company is redesigning parts of the first stage and manufacturing a replacement forward dome, delaying potential higher-value launch revenue and increasing execution risk. Does Neutron Delay Change the Bull Case for Rocket Lab?
- Negative Sentiment: The delay has intensified concerns about valuation, cash-flow timing and management’s ability to deliver Neutron, leading to sharply weaker investor sentiment. Rocket Lab’s existing Electron business and backlog now bear more responsibility for supporting growth until Neutron becomes operational. Rocket Lab’s Biggest Technological Advantage Is Fast Becoming Its Biggest Problem
About Rocket Lab
Rocket Lab USA, Inc is a space and defense company that develops and operates launch vehicles, spacecraft, satellite components and related space systems. The company serves government, commercial and scientific customers seeking access to orbit and other space-based capabilities.
Rocket Lab’s launch business is centered on Electron, a small orbital launch vehicle designed to carry satellites and other payloads into low Earth orbit. The company also develops specialized launch and hypersonic test services through programs such as HASTE, while its Neutron vehicle is intended to provide larger payload capacity and support future commercial and government missions.
Through its space systems business, Rocket Lab produces satellite platforms, flight computers, power systems, solar cells, reaction wheels, separation systems, radios and other components used in spacecraft.
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