Rocket Lab (NASDAQ:RKLB) Price Target Raised to $120.00

Rocket Lab (NASDAQ:RKLB) had its price target hoisted by Bank of America from $60.00 to $120.00 in a research report report published on Tuesday,Benzinga reports. Bank of America currently has a buy rating on the rocket manufacturer’s stock.

Other equities analysts have also recently issued reports about the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Rocket Lab in a report on Wednesday, October 8th. Needham & Company LLC lifted their price target on Rocket Lab from $63.00 to $90.00 and gave the stock a “buy” rating in a research note on Tuesday, December 23rd. Zacks Research raised shares of Rocket Lab from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 12th. Citigroup restated a “market perform” rating on shares of Rocket Lab in a report on Wednesday, November 12th. Finally, Morgan Stanley raised shares of Rocket Lab from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $67.00 to $105.00 in a report on Friday, January 16th. Two investment analysts have rated the stock with a Strong Buy rating, seven 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 presently has a consensus rating of “Moderate Buy” and a consensus target price of $72.92.

Rocket Lab Stock Performance

Shares of RKLB opened at $87.98 on Tuesday. The company has a quick ratio of 2.83, a current ratio of 3.18 and a debt-to-equity ratio of 0.32. Rocket Lab has a 52-week low of $14.71 and a 52-week high of $99.58. The company has a 50-day simple moving average of $64.80 and a 200-day simple moving average of $55.62. The company has a market capitalization of $47.00 billion, a PE ratio of -231.53 and a beta of 2.16.

Rocket Lab (NASDAQ:RKLB) last issued its earnings results on Monday, November 10th. The rocket manufacturer reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.02. Rocket Lab had a negative net margin of 35.64% and a negative return on equity of 27.26%. The company had revenue of $155.08 million for the quarter, compared to analyst estimates of $152.45 million. During the same period in the prior year, the business posted ($0.10) earnings per share. The firm’s revenue for the quarter was up 48.0% compared to the same quarter last year. Equities research analysts predict that Rocket Lab will post -0.38 earnings per share for the current fiscal year.

Insider Activity at Rocket Lab

In other news, Director Merline Saintil sold 12,500 shares of Rocket Lab stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $90.00, for a total transaction of $1,125,000.00. Following the completion of the sale, the director directly owned 280,029 shares in the company, valued at $25,202,610. The trade was a 4.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Nina Armagno sold 27,314 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $68.21, for a total transaction of $1,863,087.94. Following the transaction, the director directly owned 108,940 shares in the company, valued at $7,430,797.40. The trade was a 20.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 4,306,150 shares of company stock worth $271,865,732 over the last three months. Company insiders own 11.90% of the company’s stock.

Institutional Investors Weigh In On Rocket Lab

A number of hedge funds and other institutional investors have recently made changes to their positions in RKLB. Apollon Wealth Management LLC acquired a new position in Rocket Lab in the fourth quarter valued at $393,000. Brookwood Investment Group LLC purchased a new stake in Rocket Lab in the 4th quarter valued at about $285,000. Encompass Wealth Advisors LLC increased its stake in shares of Rocket Lab by 11.6% during the 4th quarter. Encompass Wealth Advisors LLC now owns 4,829 shares of the rocket manufacturer’s stock valued at $337,000 after acquiring an additional 500 shares during the last quarter. V Square Quantitative Management LLC purchased a new position in shares of Rocket Lab during the 4th quarter worth about $32,000. Finally, Capital Investment Advisory Services LLC boosted its position in shares of Rocket Lab by 4.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 10,932 shares of the rocket manufacturer’s stock worth $763,000 after acquiring an additional 500 shares during the last quarter. Hedge funds and other institutional investors own 71.78% of the company’s stock.

Trending Headlines about Rocket Lab

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

• Positive Sentiment: Successful operational launch — Rocket Lab completed its first Electron launch of 2026, deploying two Open Cosmos satellites, reinforcing its revenue-generating launch cadence and short-term cash‑flow visibility. Rocket Lab delivers mission success
• Positive Sentiment: Analyst and institutional support — recent bullish notes (including Bank of America coverage) and several buy/overweight ratings give the stock fundamental backing and potential upside versus headline-driven dips. Bank of America Forecasts Strong Price Appreciation for Rocket Lab
• Neutral Sentiment: Company framing and next steps — Rocket Lab said the rupture occurred during an aggressive hydrostatic trial (qualification testing is designed to push limits), reported no significant facility damage, noted the next Stage 1 tank is already in production, and will provide a schedule update on its Q4 earnings call in February. This tempers panic but leaves timing uncertain. Rocket Lab Neutron Test Update
• Negative Sentiment: Neutron Stage 1 tank rupture and timeline risk — the qualification-test failure creates uncertainty around Neutron’s development timeline and has prompted negative headlines and analyst scrutiny; several outlets linked the rupture to an immediate share‑price pullback and some commentators questioned near‑term investor positioning. Rocket Lab’s Path To Neutron Launch: Breaking Tanks To Break Records Why Is RKLB Sliding Today?
• Negative Sentiment: Sell-side/market reaction pieces — opinion and trade‑idea outlets used the rupture to argue for reduced exposure or selling, amplifying volatility for a stock that already trades with wide swings. Rocket Lab’s Stock Implodes Alongside Its Neutron Rocket. Time to Sell?

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.