Rocket Lab (NASDAQ:RKLB) Receives Overweight Rating from Cantor Fitzgerald

Posted by Bonnie Powley on Jun 30th, 2026

Rocket Lab (NASDAQ:RKLB – Get Free Report)‘s stock had its “overweight” rating reiterated by research analysts at Cantor Fitzgerald in a report issued on Tuesday,Benzinga reports. They currently have a $96.00 target price on the rocket manufacturer’s stock. Cantor Fitzgerald’s price target would suggest a potential downside of 0.06% from the company’s current price.

Other research analysts have also issued reports about the stock. New Street Research assumed coverage on shares of Rocket Lab in a research note on Wednesday, May 13th. They issued a “buy” rating and a $150.00 target price on the stock. Roth Mkm increased their price target on Rocket Lab from $100.00 to $130.00 and gave the company a “buy” rating in a report on Monday. Citigroup reiterated an “outperform” rating on shares of Rocket Lab in a research report on Tuesday. KGI Securities began coverage on Rocket Lab in a research note on Thursday, June 11th. They set a “neutral” rating and a $105.00 price objective on the stock. Finally, Craig Hallum raised their target price on Rocket Lab from $98.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $108.24.

Read Our Latest Stock Analysis on RKLB

Rocket Lab Price Performance

Shares of Rocket Lab stock traded down $1.95 during trading hours on Tuesday, reaching $96.06. 10,079,097 shares of the company’s stock were exchanged, compared to its average volume of 24,934,561. The business has a fifty day moving average of $107.78 and a two-hundred day moving average of $85.40. The company has a market capitalization of $55.59 billion, a P/E ratio of -304.67 and a beta of 2.48. The company has a quick ratio of 4.02, a current ratio of 4.47 and a debt-to-equity ratio of 0.02. Rocket Lab has a 1 year low of $33.73 and a 1 year high of $151.00.

Rocket Lab (NASDAQ:RKLB – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The rocket manufacturer reported ($0.07) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.07). Rocket Lab had a negative net margin of 26.87% and a negative return on equity of 11.72%. 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 previous year, the business posted ($0.12) earnings per share. Rocket Lab’s quarterly revenue was up 63.4% on a year-over-year basis. As a group, research analysts predict that Rocket Lab will post -0.29 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Adam C. Spice sold 62,744 shares of Rocket Lab 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 $8,945,412.08. Following the sale, the chief financial officer owned 983,049 shares of the company’s stock, valued at approximately $140,153,295.93. The trade was a 6.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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, Director Alexander R. Slusky sold 40,000 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was 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 of the company’s stock, valued at approximately $41,365,830. This trade represents a 10.68% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 573,515 shares of company stock worth $76,412,122. 8.40% of the stock is owned by company insiders.

Institutional Trading of Rocket Lab

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Western Wealth Management LLC raised its holdings in Rocket Lab by 4.6% in the 1st quarter. Western Wealth Management LLC now owns 4,088 shares of the rocket manufacturer’s stock valued at $263,000 after buying an additional 180 shares during the period. Parallel Advisors LLC boosted its stake in Rocket Lab by 16.1% during the first quarter. Parallel Advisors LLC now owns 3,033 shares of the rocket manufacturer’s stock worth $195,000 after buying an additional 421 shares during the period. NewEdge Advisors LLC boosted its stake in Rocket Lab by 2.3% during the first quarter. NewEdge Advisors LLC now owns 48,567 shares of the rocket manufacturer’s stock worth $3,119,000 after buying an additional 1,076 shares during the period. Glenmede Trust Co. NA increased its position in shares of Rocket Lab by 3.4% during the first quarter. Glenmede Trust Co. NA now owns 8,656 shares of the rocket manufacturer’s stock valued at $556,000 after acquiring an additional 282 shares during the last quarter. Finally, Janus Henderson Group PLC increased its position in shares of Rocket Lab by 8.5% during the first quarter. Janus Henderson Group PLC now owns 198,013 shares of the rocket manufacturer’s stock valued at $12,715,000 after acquiring an additional 15,558 shares during the last quarter. 71.78% of the stock is owned by institutional investors and hedge funds.

Key Stories 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

About Rocket Lab

(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.