Cantor Fitzgerald Increases Rocket Lab (NASDAQ:RKLB) Price Target to $122.00

Rocket Lab (NASDAQ:RKLB) had its price target hoisted by investment analysts at Cantor Fitzgerald from $96.00 to $122.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the rocket manufacturer’s stock. Cantor Fitzgerald’s price target indicates a potential upside of 52.42% from the company’s previous close.

Several other brokerages have also recently issued reports on RKLB. New Street Research began coverage on Rocket Lab in a research report on Wednesday, May 13th. They issued a “buy” rating and a $150.00 target price on the stock. Craig Hallum raised their price objective on Rocket Lab from $98.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. Bank of America raised their price objective on shares of Rocket Lab from $105.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Weiss Ratings reissued a “sell (d-)” rating on shares of Rocket Lab in a report on Friday, July 17th. Finally, Roth Capital boosted their price target on shares of Rocket Lab from $100.00 to $130.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five 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 $111.82.

Rocket Lab Price Performance

Shares of RKLB opened at $80.04 on Tuesday. Rocket Lab has a twelve month low of $37.57 and a twelve month high of $151.00. The company has a market capitalization of $46.32 billion, a P/E ratio of -250.13 and a beta of 2.60. The firm has a 50 day moving average of $88.02 and a 200 day moving average of $85.69. The company has a quick ratio of 4.02, a current ratio of 4.47 and a debt-to-equity ratio of 0.02.

Insider Activity

In other news, CEO Peter Beck sold 990,960 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief executive officer owned 1,724,221 shares in the company, valued at approximately $142,868,952.06. The trade was a 36.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Marvin Bradford Clevenger sold 3,500 shares of Rocket Lab stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $146.67, for a total transaction of $513,345.00. Following the transaction, the insider directly owned 473,975 shares in the company, valued at approximately $69,517,913.25. The trade was a 0.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 3,749,294 shares of company stock valued at $351,008,208. Insiders own 8.40% of the company’s stock.

Institutional Trading of Rocket Lab

A number of hedge funds and other institutional investors have recently made changes to their positions in RKLB. AQR Capital Management LLC boosted its stake in shares of Rocket Lab by 114.0% in the first quarter. AQR Capital Management LLC now owns 174,308 shares of the rocket manufacturer’s stock worth $3,117,000 after buying an additional 92,849 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Rocket Lab by 1,812.1% during the 1st quarter. NewEdge Advisors LLC now owns 36,807 shares of the rocket manufacturer’s stock worth $658,000 after purchasing an additional 34,882 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of Rocket Lab by 53.8% during the 1st quarter. Jones Financial Companies Lllp now owns 15,745 shares of the rocket manufacturer’s stock valued at $282,000 after purchasing an additional 5,507 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Rocket Lab by 13.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 773,548 shares of the rocket manufacturer’s stock valued at $13,831,000 after purchasing an additional 90,758 shares during the period. Finally, Focus Partners Wealth boosted its holdings in Rocket Lab by 1.0% during the first quarter. Focus Partners Wealth now owns 67,584 shares of the rocket manufacturer’s stock worth $1,206,000 after buying an additional 681 shares in the last quarter. Institutional investors and hedge funds own 71.78% of the company’s stock.

Key Stories Impacting Rocket Lab

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

• Positive Sentiment: Strong Q2 growth: Revenue rose 62% year over year to approximately $234.1 million, while backlog increased 137% to $2.36 billion. Rocket Lab also narrowed its per-share loss compared with the prior-year quarter. Rocket Lab Q2 2026 financial results
• Positive Sentiment: Above-consensus revenue outlook: Management guided for third-quarter revenue of $250 million to $265 million, above Wall Street expectations of roughly $236 million, signaling continued demand for launch and space systems. Rocket Lab launch capacity and AI demand
• Positive Sentiment: New growth initiatives: Rocket Lab secured a dedicated Neutron launch for Kepler targeted for no earlier than 2028, unveiled the deployable GHOST launch system, and established Rocket Lab Germany to expand European satellite manufacturing and launch capabilities. Kepler selects Rocket Lab Neutron
• Neutral Sentiment: CEO Peter Beck said the emergence of orbital data centers could create a significant new market for Rocket Lab’s launch and space infrastructure services, but the opportunity remains longer term and unproven. AI and orbital data centers
• Negative Sentiment: Margin outlook disappointed investors: Rocket Lab’s projected third-quarter gross margin of 29% to 31% was reported below analysts’ expectation of about 37.6%, raising concerns that rapid expansion is pressuring profitability.
• Negative Sentiment: Quarterly loss and valuation concerns: The company reported an adjusted loss of approximately $0.08 per share, and analysts and investors remain concerned that RKLB’s elevated valuation leaves limited room for execution mistakes. Rocket Lab valuation analysis
• Negative Sentiment: Rocket Lab is also facing heightened competition and attention from SpaceX following its public-market debut, while reported insider activity showed substantial selling and no open-market purchases in the past six months.

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.