Rocket Lab Corporation (NASDAQ:RKLB – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the twenty-four research firms that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, fourteen have given a buy recommendation and four have issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $107.32.
Several equities research analysts have issued reports on the stock. Berenberg Bank initiated coverage on shares of Rocket Lab in a research report on Wednesday, September 2nd. They issued a “buy” rating and a $83.00 price objective for the company. Bank of America reduced their target price on shares of Rocket Lab from $115.00 to $110.00 and set a “buy” rating on the stock in a research report on Monday, August 31st. Morgan Stanley reaffirmed an “overweight” rating on shares of Rocket Lab in a research note on Wednesday, July 8th. Roth Capital set a $110.00 price target on shares of Rocket Lab in a research note on Tuesday, August 11th. Finally, Citigroup reiterated a “market outperform” rating on shares of Rocket Lab in a report on Tuesday, July 28th.
View Our Latest Stock Analysis on RKLB
Key Rocket Lab News
- Positive Sentiment: Iridium shareholders approved the acquisition with approximately 99.6% of votes cast in favor, advancing the roughly $8 billion transaction toward an expected mid-2027 closing. The deal would add Iridium’s 66-satellite constellation, more than 2.5 million subscribers, and recurring communications revenue to Rocket Lab’s launch and space-systems businesses. Rocket Lab Bounces Off Its Lows—What’s Behind the Move?
- Positive Sentiment: Rocket Lab continues to demonstrate launch reliability, including back-to-back September Electron missions for Synspective and another successful late-September launch. Reports that SpaceX may reduce Falcon 9 rideshare availability beginning in 2028 could also increase demand and pricing opportunities for Rocket Lab’s Electron and future Neutron vehicles. Rocket Lab Nails Back-to-Back September Launches
- Positive Sentiment: ARK Invest has continued accumulating RKLB shares, while several analysts maintain bullish targets well above recent trading levels. These actions support the long-term growth thesis, although they have not eliminated near-term volatility. Rocket Lab Bounces Off Its Lows—What’s Behind the Move?
- Neutral Sentiment: SpaceX’s Starship reached orbit and deployed 26 Starlink V3 satellites, reinforcing competitive pressure across the space sector. However, Starship’s limited-duration test and engine failure could benefit dedicated launch providers such as Rocket Lab if customers continue to prioritize reliable, specialized access to orbit. Starship’s Weak Spot Could Help Rocket Lab and Firefly
- Negative Sentiment: Rocket Lab completed a $1.944 billion at-the-market share sale, issuing approximately 29.3 million shares to help finance Iridium. Additional shares may be issued under the cash-and-stock merger structure, keeping dilution and integration concerns prominent. Iridium’s amended term loan also leaves investors assessing the acquisition’s long-term balance-sheet impact. Rocket Lab Slides as Iridium Deal Financing and Dilution Overhang Remain in Focus
- Negative Sentiment: Insider filings show selling rather than buying by executives over the past six months, adding to supply concerns. Rocket Lab also remains unprofitable, and its upcoming Neutron debut is still a critical execution milestone for the valuation.
Rocket Lab Stock Down 3.4%
Shares of NASDAQ RKLB opened at $69.70 on Wednesday. The company has a current ratio of 5.48, a quick ratio of 4.98 and a debt-to-equity ratio of 0.01. Rocket Lab has a 12-month low of $37.57 and a 12-month high of $151.00. The firm’s 50-day moving average price is $69.56 and its 200-day moving average price is $84.39. The stock has a market capitalization of $41.70 billion, a price-to-earnings ratio of -258.14 and a beta of 2.60.
Rocket Lab (NASDAQ:RKLB – Get Free Report) last released its 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). Rocket Lab had a negative net margin of 21.51% and a negative return on equity of 6.48%. The company had revenue of $234.07 million for the quarter, compared to the consensus estimate of $231.62 million. On average, equities research analysts anticipate that Rocket Lab will post -0.2 EPS for the current fiscal year.
Insider Transactions at Rocket Lab
In other Rocket Lab news, insider Frank Klein sold 35,558 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $66.61, for a total transaction of $2,368,518.38. Following the sale, the insider owned 925,737 shares of the company’s stock, valued at approximately $61,663,341.57. This trade represents a 3.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Agostino Ricupati sold 669 shares of Rocket Lab stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $69.63, for a total value of $46,582.47. Following the completion of the transaction, the chief accounting officer owned 26,863 shares in the company, valued at $1,870,470.69. This trade represents a 2.43% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 3,536,371 shares of company stock worth $303,442,641. Insiders own 8.40% of the company’s stock.
Institutional Trading of Rocket Lab
Several large investors have recently bought and sold shares of the stock. BlackRock Inc. acquired a new stake in Rocket Lab during the 2nd quarter worth about $4,124,970,000. Capital World Investors lifted its holdings in shares of Rocket Lab by 12.0% in 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 buying an additional 1,738,623 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Rocket Lab by 10.1% in the 4th quarter. Geode Capital Management LLC now owns 9,004,724 shares of the rocket manufacturer’s stock valued at $626,605,000 after buying an additional 825,158 shares during the period. Bank of America Corp DE purchased a new stake in shares of Rocket Lab in the second quarter worth about $437,280,000. Finally, Norges Bank purchased a new stake in shares of Rocket Lab in the fourth quarter worth about $341,036,000. Hedge funds and other institutional investors own 71.78% of the company’s stock.
Rocket Lab Company Profile
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.
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