Shares of Rocket Lab Corporation (NASDAQ:RKLB – Get Free Report) have earned an average recommendation of “Moderate Buy” from the twenty-two analysts that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation, thirteen have given a buy recommendation and three have assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $110.2941.
Several brokerages recently commented on RKLB. Cantor Fitzgerald reiterated an “overweight” rating and set a $96.00 target price on shares of Rocket Lab in a report on Tuesday, June 30th. 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, June 30th. Stifel Nicolaus set a $132.00 price objective on Rocket Lab in a research note on Thursday, June 4th. New Street Research began coverage on Rocket Lab in a research note on Wednesday, May 13th. They issued a “buy” rating and a $150.00 target price for the company. Finally, Morgan Stanley restated an “overweight” rating on shares of Rocket Lab in a research note on Wednesday, July 8th.
View Our Latest Stock Analysis on Rocket Lab
Rocket Lab Trading Up 1.1%
Rocket Lab (NASDAQ:RKLB – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The rocket manufacturer reported ($0.07) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.07). Rocket Lab had a negative net margin of 26.87% and a negative return on equity of 11.72%. The company had revenue of $200.35 million during the quarter, compared to the consensus estimate of $189.65 million. During the same period in the previous year, the firm earned ($0.12) earnings per share. Rocket Lab’s revenue for the quarter was up 63.4% on a year-over-year basis. On average, sell-side analysts predict that Rocket Lab will post -0.26 EPS for the current year.
Rocket Lab News Roundup
Here are the key news stories impacting Rocket Lab this week:
- Positive Sentiment: Major Space Force contracts strengthen Rocket Lab’s backlog. The company has secured approximately $663 million in U.S. Space Force business, including a $397 million contract to develop, launch and operate Flatellite spacecraft for airborne threat tracking. A separate, roughly $266 million launch agreement adds further visibility. The larger contract is expected to rely on Rocket Lab’s next-generation Neutron rocket, increasing its long-term importance but also its execution requirements. Rocket Lab Just Won $663 Million in Space Force Contracts
- Positive Sentiment: Successful Electron mission reinforces launch reliability. Rocket Lab completed its 92nd Electron mission and its 13th launch of 2026, deploying another satellite for repeat customer iQPS. The mission supports the company’s reputation as a dependable provider for satellite constellations and follows an earlier launch delay caused by a last-minute abort. Rocket Lab Successfully Completes 92nd Electron Mission
- Positive Sentiment: Analysts see potential upside after the defense award. Coverage suggests RKLB could be undervalued following the $397 million contract, while the growing backlog and expanding defense exposure improve the company’s long-term revenue opportunity. Rocket Lab Could Be 12% Undervalued
- Neutral Sentiment: Second-quarter earnings are approaching. Rocket Lab is scheduled to report results after the market closes on August 10. Investors will focus on revenue growth, contract bookings, cash usage and updates on Neutron’s development and debut schedule. Rocket Lab Will Report Q2 Earnings on August 10
- Negative Sentiment: Premium valuation and Neutron execution risk remain concerns. Analysts note that Rocket Lab is still unprofitable, faces substantial Neutron development costs and trades at elevated valuation levels. The larger Space Force award depends on a rocket that has not yet flown, leaving room for schedule or cost setbacks. Rocket Lab Set to Report Q2 Earnings
Insider Transactions at Rocket Lab
In related news, Director Alexander R. Slusky sold 40,000 shares of Rocket Lab stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $123.60, for a total value of $4,944,000.00. Following the sale, the director directly owned 334,675 shares in the company, valued at $41,365,830. This trade represents a 10.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Peter Beck sold 990,960 shares of Rocket Lab stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $82.86, for a total value of $82,110,945.60. Following the sale, the chief executive officer directly owned 1,724,221 shares in the company, valued at approximately $142,868,952.06. This trade represents a 36.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 3,849,294 shares of company stock worth $362,816,208 over the last 90 days. Corporate insiders own 8.40% of the company’s stock.
Institutional Investors Weigh In On Rocket Lab
A number of institutional investors have recently added to or reduced their stakes in RKLB. Mcguire Capital Advisors Inc. acquired a new stake in shares of Rocket Lab in the fourth quarter valued at $27,000. Beacon Investment Advisory Services Inc. lifted its position in shares of Rocket Lab by 364.0% during the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 399 shares of the rocket manufacturer’s stock valued at $41,000 after acquiring an additional 313 shares during the last quarter. Zions Bancorporation National Association UT purchased a new stake in shares of Rocket Lab during the fourth quarter valued at $28,000. Gordian Capital Singapore Pte Ltd acquired a new stake in Rocket Lab during the 4th quarter worth about $29,000. Finally, Reflection Asset Management acquired a new stake in Rocket Lab during the 4th quarter worth about $30,000. 71.78% of the stock is currently owned by institutional investors and hedge funds.
About Rocket Lab
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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