Bank of America Cuts Rocket Lab (NASDAQ:RKLB) Price Target to $110.00

by · The Cerbat Gem

Rocket Lab (NASDAQ:RKLB – Free Report) had its target price decreased by Bank of America from $115.00 to $110.00 in a research note published on Monday morning,Benzinga reports. Bank of America currently has a buy rating on the rocket manufacturer’s stock.

RKLB has been the topic of several other reports. BTIG Research reissued a “hold” rating on shares of Rocket Lab in a research report on Tuesday, May 12th. New Street Research assumed coverage on Rocket Lab in a report on Wednesday, May 13th. They set a “buy” rating and a $150.00 target price on the stock. Citizens Jmp reaffirmed a “market outperform” rating and issued a $130.00 price target on shares of Rocket Lab in a research report on Tuesday, August 11th. Wall Street Zen downgraded Rocket Lab from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Finally, Craig Hallum increased their price objective on Rocket Lab from $98.00 to $120.00 and gave the company a “buy” rating in a report on Monday, June 29th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $108.83.

Get Our Latest Analysis on RKLB

Rocket Lab Stock Performance

RKLB stock opened at $63.10 on Monday. The company has a quick ratio of 4.98, a current ratio of 5.48 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $37.76 billion, a price-to-earnings ratio of -233.70 and a beta of 2.60. Rocket Lab has a 12 month low of $37.57 and a 12 month high of $151.00. The firm has a 50 day moving average of $75.98 and a two-hundred day moving average of $84.91.

Rocket Lab (NASDAQ:RKLB – Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The rocket manufacturer reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.02). Rocket Lab had a negative return on equity of 6.48% and a negative net margin of 21.51%.The business had revenue of $234.07 million for the quarter, compared to analyst estimates of $231.62 million. As a group, equities analysts anticipate that Rocket Lab will post -0.2 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CAO Agostino Ricupati sold 669 shares of the company’s stock in a transaction on Monday, August 24th. The shares were 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 represents a 2.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Adam C. Spice sold 9,677 shares of the stock in a transaction on Monday, August 24th. The shares were sold at an average price of $69.63, for a total transaction of $673,809.51. Following the completion of the sale, the chief financial officer directly owned 1,155,967 shares of the company’s stock, valued at approximately $80,489,982.21. This trade represents a 0.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. Insiders sold 3,484,214 shares of company stock valued at $304,166,848 in the last ninety days. Company insiders own 8.40% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Corient Private Wealth LP lifted its stake in shares of Rocket Lab by 795.2% in the second quarter. Corient Private Wealth LP now owns 476,241 shares of the rocket manufacturer’s stock valued at $48,410,000 after buying an additional 423,039 shares during the period. Amundi grew its position in Rocket Lab by 22.2% during the second quarter. Amundi now owns 2,180,748 shares of the rocket manufacturer’s stock worth $221,673,000 after buying an additional 396,639 shares in the last quarter. HighTower Advisors LLC increased its stake in Rocket Lab by 4.2% during the second quarter. HighTower Advisors LLC now owns 109,226 shares of the rocket manufacturer’s stock valued at $11,103,000 after acquiring an additional 4,407 shares during the period. Groupe la Francaise bought a new position in Rocket Lab during the second quarter valued at about $725,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Rocket Lab during the second quarter valued at about $1,071,000. 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: Rocket Lab successfully completed its 94th Electron mission, deploying Synspective’s StriX Earth-imaging satellite. The launch was the company’s 15th Electron mission of 2026 and preserved a perfect launch record for Synspective payloads. Rocket Lab has 16 additional Synspective missions booked through 2030, supporting future launch revenue. Mission Success: Rocket Lab Launches 94th Electron Mission
  • Positive Sentiment: Analyst sentiment remains broadly constructive. Berenberg initiated coverage with a Buy rating, while previously published targets remain well above the current trading level. Bullish commentary points to Rocket Lab’s $2.36 billion backlog, rapidly growing revenue, expanding spacecraft-component business and potential national-security demand. Rocket Lab Rated Buy at Berenberg
  • Positive Sentiment: ARK Invest, led by Cathie Wood, continued buying the decline, purchasing hundreds of thousands of RKLB shares valued at roughly $32 million to $44 million across recent disclosures. The purchases provide a high-profile vote of confidence, although they have not offset broader selling pressure. Cathie Wood Buys the Dip in Rocket Lab Stock
  • Neutral Sentiment: Rocket Lab’s latest quarterly results showed strong revenue growth of approximately 62% year over year to $234.1 million, but the company remained unprofitable and missed the consensus earnings-per-share estimate. Investors are therefore focused on whether backlog growth and the spacecraft-systems expansion can eventually translate into sustainable profits.
  • Negative Sentiment: Shares still appear expensive despite the selloff, with technical indicators showing weak momentum and a bearish trend below key moving averages. This valuation concern is the main reason some commentators are not yet buying. Rocket Lab Stock Has Collapsed 57% From Highs
  • Negative Sentiment: NASA awarded a roughly $700 million Mars communications contract to Blue Origin rather than Rocket Lab. The loss highlights uncertainty around Rocket Lab’s ability to win large strategic government programs and weighed on sentiment alongside concerns about delays to the inaugural Neutron launch. Blue Origin Wins $700 Million Mars Communications Contract
  • Negative Sentiment: Reported insider activity is another overhang: executives have recorded numerous open-market sales and no purchases during the past six months. While some sales may reflect scheduled transactions, the imbalance can reinforce investor concerns after the stock’s steep decline.

About Rocket Lab

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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.

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