Citizens Jmp Issues Positive Forecast for Rocket Lab (NASDAQ:RKLB) Stock Price

Rocket Lab (NASDAQ:RKLB) had its price objective lifted by research analysts at Citizens Jmp from $85.00 to $95.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a “market outperform” rating on the rocket manufacturer’s stock. Citizens Jmp’s price target indicates a potential downside of 4.00% from the company’s previous close.

Several other equities research analysts have also recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Rocket Lab in a research report on Tuesday, April 21st. Stifel Nicolaus restated a “buy” rating and issued a $105.00 target price (up from $90.00) on shares of Rocket Lab in a research report on Monday, April 20th. Bank of America upped their price target on shares of Rocket Lab from $60.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Morgan Stanley upgraded shares of Rocket Lab from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $67.00 to $105.00 in a research report on Friday, January 16th. Finally, Citigroup restated an “outperform” rating on shares of Rocket Lab in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $87.69.

Rocket Lab Stock Performance

Shares of NASDAQ RKLB traded up $20.38 during mid-day trading on Friday, reaching $98.96. 36,721,578 shares of the company were exchanged, compared to its average volume of 22,488,561. The stock has a market capitalization of $56.35 billion, a P/E ratio of -266.93 and a beta of 2.30. The company has a quick ratio of 3.61, a current ratio of 4.08 and a debt-to-equity ratio of 0.10. The company’s 50-day simple moving average is $72.88 and its 200-day simple moving average is $68.50. Rocket Lab has a twelve month low of $20.23 and a twelve month high of $99.58.

Rocket Lab (NASDAQ:RKLB) last issued its quarterly earnings data on Thursday, May 7th. The rocket manufacturer reported ($0.07) EPS for the quarter, meeting analysts’ consensus estimates of ($0.07). Rocket Lab had a negative return on equity of 19.01% and a negative net margin of 32.94%.The firm had revenue of $200.35 million for the quarter, compared to analyst estimates of $189.65 million. During the same period in the prior year, the firm posted ($0.12) EPS. The company’s revenue for the quarter was up 63.4% on a year-over-year basis. As a group, research analysts predict that Rocket Lab will post -0.22 earnings per share for the current year.

Insiders Place Their Bets

In other Rocket Lab news, Director Merline Saintil sold 18,126 shares of the company’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $75.04, for a total transaction of $1,360,175.04. Following the sale, the director owned 261,903 shares of the company’s stock, valued at approximately $19,653,201.12. This represents a 6.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Peter Beck sold 18,857 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $69.59, for a total value of $1,312,258.63. Following the completion of the transaction, the chief executive officer directly owned 884,085 shares in the company, valued at $61,523,475.15. This represents a 2.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 233,449 shares of company stock valued at $16,487,233 over the last ninety days. 8.40% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Arizona State Retirement System increased its stake in Rocket Lab by 13.6% in the 3rd quarter. Arizona State Retirement System now owns 127,794 shares of the rocket manufacturer’s stock valued at $6,123,000 after buying an additional 15,307 shares during the last quarter. Firsthand Capital Management Inc. lifted its position in shares of Rocket Lab by 40.0% during the 3rd quarter. Firsthand Capital Management Inc. now owns 70,000 shares of the rocket manufacturer’s stock worth $3,354,000 after buying an additional 20,000 shares in the last quarter. Swiss National Bank boosted its stake in shares of Rocket Lab by 67.7% in the 3rd quarter. Swiss National Bank now owns 1,243,630 shares of the rocket manufacturer’s stock worth $59,582,000 after buying an additional 501,830 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Rocket Lab by 13.4% in the fourth quarter. Vanguard Group Inc. now owns 47,420,192 shares of the rocket manufacturer’s stock valued at $3,308,033,000 after acquiring an additional 5,610,469 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D grew its holdings in shares of Rocket Lab by 14.4% in the third quarter. State of New Jersey Common Pension Fund D now owns 153,106 shares of the rocket manufacturer’s stock valued at $7,335,000 after acquiring an additional 19,304 shares in the last quarter. 71.78% of the stock is owned by institutional investors and hedge funds.

Key Rocket Lab News

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

• Positive Sentiment: Record Q1 and upside guidance: Rocket Lab reported $200.3M in Q1 revenue (beat) and issued Q2 revenue guidance above street expectations, driving optimism about near-term cash generation. Rocket Lab Announces First Quarter 2026 Financial Results
• Positive Sentiment: Record backlog and launch demand: Backlog expanded to roughly $2.2B with the company signing more launch contracts last quarter than in all of last year — a major revenue tailwind. Rocket Lab’s stock rises upon new signs its business is expanding rapidly
• Positive Sentiment: Large multi-launch deal: The company disclosed its largest launch contract ever — a confidential customer booked multiple Neutron and Electron missions (2026–2029), supporting long?term revenue visibility. Rocket Lab’s Biggest Launch Deal Yet: Confidential Customer Books Multiple Neutron and Electron Launches
• Positive Sentiment: Defense wins and hypersonics work: Rocket Lab secured a $30M contract with Anduril for HASTE hypersonic launches and was selected with Raytheon for a U.S. Space Force interceptor demo — bolstering defense revenue mix. Rocket Lab Awarded $30 Million Contract for HASTE Hypersonic Rocket Launches for Anduril
• Positive Sentiment: Strategic acquisition: Rocket Lab agreed to buy Motiv Space Systems to in?source space robotics and precision mechanisms, enhancing its space?systems revenue potential and margins over time. Rocket Lab To Acquire Robotics Leader Motiv Space Systems
• Neutral Sentiment: Management tone: CEO said demand is “super healthy” and highlighted Neutron backlog growth — positive narrative but execution on Neutron remains a multi?quarter story. Rocket Lab CEO Says Demand Is ‘Super Healthy’ As Defense, Neutron Backlog Builds
• Neutral Sentiment: Analyst activity: Craig Hallum upgraded RKLB to Buy with a $98 target — supportive but the target implies modest near?term upside from current levels. Craig Hallum upgrade
• Negative Sentiment: Profitability and valuation risk: GAAP loss continues (negative margins and ROE), and the stock carries a high implied valuation and beta; investors are pricing future growth, so execution missteps or Neutron delays could hurt the share price. RKLB Market overview

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.