Rocket Lab (NASDAQ:RKLB) Price Target Raised to $130.00

Posted by Alanna Baker on Jun 30th, 2026

Rocket Lab (NASDAQ:RKLB – Get Free Report) had its price objective upped by analysts at Citizens Jmp from $95.00 to $130.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “market outperform” rating on the rocket manufacturer’s stock. Citizens Jmp’s price objective would indicate a potential upside of 30.68% from the company’s current price.

Several other research firms have also recently weighed in on RKLB. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Rocket Lab in a research report on Wednesday, May 27th. Roth Mkm boosted their target price on shares of Rocket Lab from $100.00 to $130.00 and gave the stock a “buy” rating in a research note on Monday. Craig Hallum lifted their price objective on Rocket Lab from $98.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday. Citigroup reaffirmed an “outperform” rating on shares of Rocket Lab in a research report on Tuesday. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $120.00 price target on shares of Rocket Lab in a research report on Tuesday. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $107.88.

Get Our Latest Analysis on RKLB

Rocket Lab Stock Up 1.5%

Shares of NASDAQ:RKLB traded up $1.47 during midday trading on Tuesday, hitting $99.48. 8,120,871 shares of the stock were exchanged, compared to its average volume of 24,904,033. The business’s fifty day simple moving average is $107.78 and its two-hundred day simple moving average is $85.40. 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 has a 52-week low of $33.73 and a 52-week high of $151.00. The company has a market capitalization of $57.57 billion, a PE ratio of -312.99 and a beta of 2.48.

Rocket Lab (NASDAQ:RKLB – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.07). Rocket Lab had a negative return on equity of 11.72% and a negative net margin of 26.87%.The company had revenue of $200.35 million for the quarter, compared to the consensus estimate of $189.65 million. During the same period last year, the business posted ($0.12) earnings per share. The firm’s revenue was up 63.4% compared to the same quarter last year. As a group, research analysts predict that Rocket Lab will post -0.29 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Frank Klein sold 44,390 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $142.57, for a total transaction of $6,328,682.30. Following the sale, the insider owned 1,043,847 shares in the company, valued at $148,821,266.79. This represents a 4.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 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. Also, SVP Arjun Kampani sold 88,000 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $107.98, for a total value of $9,502,240.00. Following the completion of the transaction, the senior vice president directly owned 264,705 shares of the company’s stock, valued at approximately $28,582,845.90. This trade represents a 24.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 573,515 shares of company stock valued at $76,412,122 over the last three months. 8.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Rocket Lab

A number of institutional investors have recently added to or reduced their stakes in RKLB. Sara Bay Financial lifted its holdings in Rocket Lab by 0.7% during the 4th quarter. Sara Bay Financial now owns 15,905 shares of the rocket manufacturer’s stock valued at $1,121,000 after buying an additional 117 shares in the last quarter. ORG Partners LLC increased its stake in shares of Rocket Lab by 9.1% during the fourth quarter. ORG Partners LLC now owns 1,458 shares of the rocket manufacturer’s stock valued at $102,000 after buying an additional 121 shares during the period. Bartlett & CO. Wealth Management LLC raised its holdings in shares of Rocket Lab by 7.1% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 1,869 shares of the rocket manufacturer’s stock valued at $120,000 after purchasing an additional 124 shares in the last quarter. Sovereign Financial Group Inc. boosted its stake in shares of Rocket Lab by 3.9% during the first quarter. Sovereign Financial Group Inc. now owns 3,320 shares of the rocket manufacturer’s stock valued at $213,000 after purchasing an additional 125 shares in the last quarter. Finally, Traynor Capital Management Inc. boosted its position in Rocket Lab by 1.9% during the 4th quarter. Traynor Capital Management Inc. now owns 7,191 shares of the rocket manufacturer’s stock valued at $502,000 after acquiring an additional 133 shares in the last quarter. 71.78% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Rocket Lab

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

Positive Sentiment: Rocket Lab announced a definitive agreement to acquire Iridium, adding a global satellite communications network, spectrum rights, and a large customer base to its existing launch and spacecraft businesses. Rocket Lab to buy satellite communications firm Iridium in $8 billion deal
Positive Sentiment: Analysts and market commentators say the deal improves Rocket Lab’s financial profile by adding higher-margin recurring revenue, making the company look more like a “space powerhouse” and a closer competitor to SpaceX. Rocket Lab’s (RKLB) Iridium Acquisition Adds the Cash Flow It Was Missing
Positive Sentiment: Several analysts raised price targets or turned more bullish after the announcement, citing Rocket Lab’s “formidable” competitive position and its evolution into a vertically integrated space platform. Top Analyst Raises Rocket Lab Stock Price Target, Cites ‘Formidable’ Competitive Position
Neutral Sentiment: More bullish coverage also highlighted Rocket Lab’s long-term strategy to challenge SpaceX by combining launch services with satellite communications and recurring network revenue. The Rocket Lab CEO’s Bold Bet to Challenge SpaceX’s Dominance
Negative Sentiment: The deal is large and complex, so investors may also weigh integration risk, dilution from the stock component, and execution risk as Rocket Lab takes on a much bigger business model. Rocket Lab to buy satellite communications firm Iridium in $8 billion deal

Rocket Lab Company Profile

(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.