Cantor Fitzgerald Reaffirms “Mixed” Rating for Rocket Lab (NASDAQ:RKLB)

Rocket Lab (NASDAQ:RKLB)‘s stock had its “mixed” rating reiterated by analysts at Cantor Fitzgerald in a research note issued on Thursday, Marketbeat.com reports. They presently have a $122.00 price target on the rocket manufacturer’s stock. Cantor Fitzgerald’s price objective suggests a potential upside of 120.81% from the company’s current price.

RKLB has been the subject of several other reports. Piper Sandler started coverage on Rocket Lab in a report on Wednesday, July 15th. They issued a “neutral” rating and a $83.00 price target for the company. Berenberg Bank started coverage on Rocket Lab in a report on Wednesday, September 2nd. They issued a “buy” rating and a $83.00 price target for the company. Bank of America cut 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. Citizens Jmp reiterated a “market outperform” rating and issued a $130.00 price target on shares of Rocket Lab in a report on Tuesday, August 11th. Finally, KeyCorp reiterated an “overweight” rating on shares of Rocket Lab in a report on Tuesday, August 11th. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $104.05.

Rocket Lab Trading Down 6.6%

RKLB traded down $3.93 during trading on Thursday, hitting $55.25. The company’s stock had a trading volume of 48,280,785 shares, compared to its average volume of 23,096,555. The firm’s 50 day moving average price is $69.91 and its 200-day moving average price is $84.33. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.48 and a quick ratio of 4.98. The stock has a market cap of $33.06 billion, a PE ratio of -204.62 and a beta of 2.93. Rocket Lab has a twelve month low of $37.57 and a twelve month high of $151.00.

Rocket Lab (NASDAQ:RKLB) last issued its quarterly earnings results on Monday, August 10th. The rocket manufacturer reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.02). The business had revenue of $234.07 million during the quarter, compared to analyst estimates of $231.62 million. Rocket Lab had a negative net margin of 21.51% and a negative return on equity of 6.48%. On average, analysts expect that Rocket Lab will post -0.20 earnings per share for the current year.

Insider Activity at Rocket Lab

In other news, CFO Adam C. Spice sold 140,157 shares of the business’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $70.82, for a total transaction of $9,925,918.74. Following the completion of the sale, the chief financial officer directly owned 1,155,967 shares of the company’s stock, valued at $81,865,582.94. The trade was a 10.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 of the company’s stock, valued at $1,870,470.69. This represents a 2.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 400,749 shares of company stock worth $26,964,474. 8.40% of the stock is owned by corporate insiders.

Institutional Trading of Rocket Lab

Several institutional investors have recently made changes to their positions in RKLB. V Square Quantitative Management LLC grew its stake in shares of Rocket Lab by 207.4% during the 3rd quarter. V Square Quantitative Management LLC now owns 2,327 shares of the rocket manufacturer’s stock valued at $162,000 after buying an additional 1,570 shares during the period. YANKCOM Partnership purchased a new stake in Rocket Lab during the 3rd quarter worth $73,000. Assenagon Asset Management S.A. boosted its position in Rocket Lab by 24.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 21,831 shares of the rocket manufacturer’s stock worth $1,521,000 after purchasing an additional 4,251 shares during the period. Formuepleje A S purchased a new stake in Rocket Lab during the 3rd quarter worth $425,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in Rocket Lab during the 3rd quarter worth $446,000. 71.78% of the stock is owned by hedge funds and other institutional investors.

Rocket Lab News Roundup

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

• Positive Sentiment: Rocket Lab retains significant underlying growth opportunities, including a reported $2.4 billion backlog, its Electron and HASTE launch businesses, satellite systems, and defense contracts. Q2 revenue increased nearly 62% year over year to $234.1 million. Rocket Lab Still Has a $2.4B Backlog While Neutron Waits
• Positive Sentiment: Some analysts remain constructive despite the setback. TD Cowen reaffirmed a Buy rating with a $90 target, while Roth Capital maintained a Buy rating and argued that prioritizing reliability over speed could benefit the program long term. Stay Cool, Says Analyst About Rocket Lab Stock
• Neutral Sentiment: The company said Neutron testing is expected to continue into the first quarter, after which it plans to establish a launch date. Rocket Lab’s broader launch and space-systems operations remain active, but Neutron’s eventual timing is still uncertain. Rocket Lab Provides Update on Neutron Development and Adjusts Target Launch Timing
• Negative Sentiment: Rocket Lab moved Neutron’s inaugural flight from its prior 2026 target to 2027 after identifying air pockets and other manufacturing problems in a carbon-composite propellant-tank dome. The issue follows a tank rupture during testing in January, raising concerns about execution, development costs, and additional cash burn. Rocket Lab Pushes Neutron Rocket’s Debut Flight to 2027
• Negative Sentiment: The delay postpones Rocket Lab’s effort to challenge SpaceX in medium-lift launches and delays potential revenue from Neutron. KeyBanc reduced its price target to $100 and Clear Street moved to $105, adding to investor pressure. RKLB Stock Alert: What to Know as Rocket Lab Announces Neutron Launch Delay
• Negative Sentiment: Existing concerns about dilution tied to the Iridium acquisition, insider selling, and lower projected gross margins are amplifying the reaction. Rocket Lab also remains unprofitable, making delays especially sensitive for valuation-focused investors. Rocket Lab Shares Slide on Dilution, Insider Selling, and Lower-Margin Guidance

About Rocket Lab

Rocket Lab USA, Inc is a space and launch company that provides launch services, spacecraft, satellite components and other space systems for commercial, civil and national-security customers. The company designs and manufactures many of its products in-house, supporting missions from initial spacecraft development through launch and on-orbit operations.

Rocket Lab’s primary launch vehicle is Electron, a small-lift rocket designed to place satellites into low Earth orbit. The company also operates the HASTE suborbital test platform for hypersonic and other advanced aerospace technologies and is developing Neutron, a larger reusable rocket intended to serve commercial and government missions.