Rocket Lab’s (RKLB) “Mixed” Rating Reaffirmed at Cantor Fitzgerald

Rocket Lab (NASDAQ:RKLB)‘s stock had its “mixed” rating reissued by Cantor Fitzgerald in a report released on Thursday, Marketbeat.com reports. They currently have a $122.00 target price on the rocket manufacturer’s stock. Cantor Fitzgerald’s price objective indicates a potential upside of 137.54% from the stock’s current price.

Several other research analysts also recently issued reports on the company. Craig Hallum upped their price objective on Rocket Lab from $98.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, June 29th. Wall Street Zen downgraded Rocket Lab from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Needham & Company LLC reaffirmed a “buy” rating on shares of Rocket Lab in a research note on Tuesday, August 11th. KeyCorp restated an “overweight” rating on shares of Rocket Lab in a research report on Tuesday, August 11th. Finally, Raymond James Financial assumed coverage on Rocket Lab in a research report on Friday, September 11th. They set an “outperform” rating and a $80.00 price objective for the company. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Rocket Lab has a consensus rating of “Moderate Buy” and a consensus price target of $102.05.

Rocket Lab Trading Up 1.0%

Shares of Rocket Lab stock traded up $0.52 on Thursday, hitting $51.36. The stock had a trading volume of 17,006,582 shares, compared to its average volume of 23,072,404. The stock has a 50 day moving average of $68.28 and a 200 day moving average of $84.15. Rocket Lab has a twelve month low of $37.57 and a twelve month high of $151.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.98 and a current ratio of 5.48. The firm has a market capitalization of $30.73 billion, a P/E ratio of -190.22 and a beta of 2.93.

Rocket Lab (NASDAQ:RKLB) last released its quarterly earnings data on Monday, August 10th. The rocket manufacturer reported ($0.08) earnings per share (EPS) 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 firm had revenue of $234.07 million during the quarter, compared to analyst estimates of $231.62 million. Sell-side analysts expect that Rocket Lab will post -0.20 earnings per share for the current fiscal year.

Insider Activity at Rocket Lab

In other news, CAO Agostino Ricupati sold 669 shares of the firm’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $69.63, for a total transaction of $46,582.47. Following the completion of the transaction, the chief accounting officer directly owned 26,863 shares in the company, valued at $1,870,470.69. This trade represents a 2.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Adam C. Spice sold 140,157 shares of the firm’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $70.82, for a total value of $9,925,918.74. Following the transaction, the chief financial officer owned 1,155,967 shares of the company’s stock, valued at $81,865,582.94. This trade represents a 10.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 400,749 shares of company stock valued at $26,964,474 over the last ninety days. Insiders own 8.40% of the company’s stock.

Hedge Funds Weigh In On Rocket Lab

A number of hedge funds have recently made changes to their positions in the stock. Tenet Wealth Partners LLC acquired a new stake in Rocket Lab during the third quarter worth approximately $244,000. Teamwork Financial Advisors LLC lifted its stake in Rocket Lab by 16.6% in the third quarter. Teamwork Financial Advisors LLC now owns 6,238 shares of the rocket manufacturer’s stock valued at $435,000 after buying an additional 886 shares during the period. LexAurum Advisors LLC boosted its holdings in shares of Rocket Lab by 29.0% during the 3rd quarter. LexAurum Advisors LLC now owns 2,910 shares of the rocket manufacturer’s stock worth $203,000 after buying an additional 654 shares in the last quarter. Signature Resources Capital Management LLC bought a new position in shares of Rocket Lab during the 3rd quarter worth approximately $53,000. Finally, SteelPeak Wealth LLC boosted its holdings in shares of Rocket Lab by 53.7% during the 3rd quarter. SteelPeak Wealth LLC now owns 6,511 shares of the rocket manufacturer’s stock worth $454,000 after buying an additional 2,275 shares in the last quarter. 71.78% of the stock is currently owned by institutional investors.

Rocket Lab News Roundup

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

• Positive Sentiment: Analyst support: Cantor Fitzgerald maintained an Overweight rating and kept its price target unchanged, providing some reassurance after the recent selloff. Rocket Lab Stock Climbs: What’s Happening?
• Positive Sentiment: Underlying business remains strong: Rocket Lab continues to report revenue growth, a record backlog and substantial cash resources. Those factors support the company’s ability to fund Neutron development, despite near-term execution challenges. Rocket Lab’s Biggest Technological Advantage Is Fast Becoming Its Biggest Problem
• Neutral Sentiment: Long-term investor interest: Rocket Lab was highlighted among space-focused exchange-traded-fund themes, which could broaden exposure to the company but is unlikely to materially change near-term fundamentals. 2026’s ETF Boom Is Approaching 2,000 Launches
• Negative Sentiment: Another Neutron delay: Rocket Lab now expects Neutron’s inaugural launch next year. The repeated postponements increase development costs, delay anticipated launch revenue and raise questions about the company’s ability to scale beyond its current business. Rocket Lab Delays Neutron Again. Is the Stock in Trouble?
• Negative Sentiment: Execution and valuation pressure: Reports say manufacturing hurdles, scrutiny of an Iridium-related deal and the latest delay contributed to Rocket Lab’s worst weekly performance on record. Investors are demanding clearer evidence that Neutron can launch successfully and generate returns. Rocket Lab Posts Worst Week in Company History
• Negative Sentiment: Brokerage caution: Citizens JMP lowered its expectations for RKLB, while another report cited an analyst downgrade. Although the reported consensus price target remains above the current share price, revisions signal weakening confidence in the near-term outlook. Citizens JMP Has Lowered Expectations for Rocket Lab Stock

Rocket Lab Company Profile

Rocket Lab USA, Inc is a space and defense company that develops and operates launch vehicles, spacecraft, satellite components and related space systems. The company serves government, commercial and scientific customers seeking access to orbit and other space-based capabilities.

Rocket Lab’s launch business is centered on Electron, a small orbital launch vehicle designed to carry satellites and other payloads into low Earth orbit. The company also develops specialized launch and hypersonic test services through programs such as HASTE, while its Neutron vehicle is intended to provide larger payload capacity and support future commercial and government missions.

Through its space systems business, Rocket Lab produces satellite platforms, flight computers, power systems, solar cells, reaction wheels, separation systems, radios and other components used in spacecraft.