Rocket Lab (NASDAQ:RKLB) Stock Price Target Lowered at Barclays

10 Nov 2026, 14:54 by Tristan Rich · The Markets Daily

Rocket Lab (NASDAQ:RKLB – Get Free Report) had its target price reduced by investment analysts at Barclays from $85.00 to $82.00 in a report issued on Tuesday, Benzinga reports. The brokerage currently has an “overweight” rating on the rocket manufacturer’s stock. Barclays‘s target price indicates a potential upside of 40.55% from the stock’s previous close.

Several other equities research analysts also recently issued reports on the company. Wall Street Zen downgraded Rocket Lab from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Berenberg Bank assumed coverage on shares of Rocket Lab in a report on Wednesday, September 2nd. They issued a “buy” rating and a $83.00 price target for the company. Roth Capital reaffirmed a “buy” rating on shares of Rocket Lab in a research note on Thursday, October 15th. Cantor Fitzgerald lowered their price target on Rocket Lab from $122.00 to $111.00 and set an “overweight” rating for the company in a research report on Tuesday. Finally, KGI Securities upgraded Rocket Lab from a “neutral” rating to an “outperform” rating and set a $107.00 target price for the company in a research note on Monday, July 27th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Rocket Lab presently has a consensus rating of “Moderate Buy” and an average target price of $100.10.

Check Out Our Latest Stock Analysis on Rocket Lab

Rocket Lab Trading Down 0.9%

Rocket Lab stock opened at $58.34 on Tuesday. Rocket Lab has a 52 week low of $37.57 and a 52 week high of $151.00. 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 $34.91 billion, a price-to-earnings ratio of -214.37 and a beta of 3.15. The stock has a 50-day moving average price of $62.45 and a 200 day moving average price of $78.80.

Rocket Lab (NASDAQ:RKLB – Get Free Report) last posted its earnings results on Monday, November 9th. The rocket manufacturer reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.05). The firm had revenue of $267.83 million for the quarter, compared to analysts’ expectations of $257.21 million. Rocket Lab had a negative return on equity of 6.48% and a negative net margin of 21.51%. Sell-side analysts anticipate that Rocket Lab will post -0.20 EPS for the current year.

Insiders Place Their Bets

In related news, SVP Arjun Kampani sold 6,034 shares of the business’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $66.65, for a total transaction of $402,166.10. Following the transaction, the senior vice president directly owned 250,917 shares in the company, valued at $16,723,618.05. The trade was a 2.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nina Armagno sold 10,926 shares of the stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $52.78, for a total transaction of $576,674.28. Following the sale, the director owned 100,496 shares of the company’s stock, valued at $5,304,178.88. This trade represents a 9.81% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 551,832 shares of company stock valued at $34,940,037 in the last 90 days. 8.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Rocket Lab

Several large investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new position in shares of Rocket Lab in the second quarter valued at about $4,124,970,000. Bank of New York Mellon Corp bought a new position in Rocket Lab in the 2nd quarter valued at about $245,764,000. Bank of America Corp DE acquired a new position in Rocket Lab during the second quarter valued at approximately $437,280,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Rocket Lab by 14.8% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,737,451 shares of the rocket manufacturer’s stock worth $278,262,000 after buying an additional 352,094 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of Rocket Lab by 43.6% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,235,469 shares of the rocket manufacturer’s stock worth $155,767,000 after acquiring an additional 678,342 shares during 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: Q3 revenue rose 73% year over year to $267.8 million, beating estimates, while backlog grew 52% sequentially to a record $3.57 billion. Rocket Lab forecast Q4 revenue of $270 million to $290 million, above consensus. Company Q3 results and outlook
Positive Sentiment: Rocket Lab secured more than $515 million in Neutron launch deals during Q3, bringing the rocket’s backlog to 16 missions and lifting the listed base price to $70 million. Neutron launch contracts
Neutral Sentiment: Analyst views were mixed: KeyCorp reaffirmed its Overweight rating and $100 target, while Piper Sandler cut its target to $58 and Cantor Fitzgerald lowered its target to $111 but kept an Overweight rating. Analyst forecast changes
Negative Sentiment: Q3 EPS of -$0.12 missed the roughly -$0.07 consensus, and the net loss widened to $80 million. Reports also cited a wider-than-expected Q4 adjusted EBITDA loss outlook, raising concerns about costs and margins despite the revenue growth. Q3 earnings reaction
Negative Sentiment: Investors also weighed Neutron’s first launch remaining scheduled for 2027, extending execution risk for a key growth program. Neutron timeline analysis

Rocket Lab Company Profile

(Get Free Report)

Rocket Lab is a space company that provides launch services and spacecraft and satellite systems for commercial, civil, and national security customers. Founded in 2006 by Peter Beck, the company operates internationally, with headquarters in Long Beach, California, and launch operations in New Zealand and the United States.