Rocket Lab (NASDAQ:RKLB) Trading Up 6.7% – Time to Buy?

17 Jun 2026, 21:18 by Jessica Moore · The Cerbat Gem

Rocket Lab Corporation (NASDAQ:RKLB – Get Free Report) was up 6.7% during trading on Monday . The company traded as high as $110.78 and last traded at $109.25. Approximately 28,690,598 shares traded hands during mid-day trading, an increase of 18% from the average daily volume of 24,339,313 shares. The stock had previously closed at $102.39.

Key Rocket Lab News

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

Positive Sentiment: Rocket Lab will join the Nasdaq-100 on June 22, a milestone that should increase institutional demand and index-related buying. Rocket Lab (RKLB) to Join Nasdaq-100 Index on June 22
Positive Sentiment: Wall Street sentiment has improved, with analyst upgrades and higher price targets adding momentum ahead of the index inclusion. Why Rocket Lab (RKLB) Stock Is Up Today
Positive Sentiment: Several recent articles argue Rocket Lab remains one of the stronger public space stocks, citing backlog growth, defense demand, and vertical integration as long-term positives for the business. Planet Labs vs. Rocket Lab: Which Space Stock Has an Edge?
Neutral Sentiment: Some commentary suggests the stock is still expensive after a big run and may be vulnerable to valuation-based pullbacks if momentum slows. Jim Cramer on Rocket Lab: “While the Stock’s Cheaper Than SpaceX, It’s Still Pretty Darn Expensive”
Negative Sentiment: Short-term traders have also noted that Rocket Lab has cooled from recent highs, with some pieces framing the move as a reversal after a strong rally. RKLB stock suffers a brutal reversal as a bullish pattern begins to take shape

Analyst Ratings Changes

A number of research analysts have commented on RKLB shares. Cantor Fitzgerald restated an “overweight” rating on shares of Rocket Lab in a research note on Wednesday, May 27th. Weiss Ratings restated a “sell (d-)” rating on shares of Rocket Lab in a research note on Tuesday, April 21st. KeyCorp upgraded shares of Rocket Lab from a “sector weight” rating to an “overweight” rating and set a $135.00 price objective on the stock in a research note on Monday. Citigroup restated an “outperform” rating on shares of Rocket Lab in a research note on Friday, May 8th. Finally, Craig Hallum upgraded shares of Rocket Lab from a “hold” rating to a “buy” rating and set a $98.00 price objective on the stock in a research note on Friday, May 8th. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $102.76.

Read Our Latest Stock Report on Rocket Lab

Rocket Lab Trading Up 3.2%

The stock has a market cap of $62.49 billion, a PE ratio of -337.44 and a beta of 2.49. The business’s fifty day moving average is $104.00 and its 200 day moving average is $82.68. The company has a quick ratio of 4.02, a current ratio of 4.47 and a debt-to-equity ratio of 0.02.

Rocket Lab (NASDAQ:RKLB – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The rocket manufacturer reported ($0.07) EPS for the quarter, hitting analysts’ consensus estimates of ($0.07). The firm had revenue of $200.35 million for the quarter, compared to the consensus estimate of $189.65 million. Rocket Lab had a negative net margin of 26.87% and a negative return on equity of 11.72%. The firm’s revenue was up 63.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.12) earnings per share. As a group, analysts predict that Rocket Lab Corporation will post -0.29 earnings per share for the current year.

Insider Activity

In related news, CFO Adam C. Spice sold 62,744 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $142.57, for a total transaction of $8,945,412.08. Following the sale, the chief financial officer owned 983,049 shares of the company’s stock, valued at approximately $140,153,295.93. The trade was a 6.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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. Also, Director Alexander R. Slusky sold 40,000 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $123.60, for a total transaction of $4,944,000.00. Following the sale, the director directly owned 334,675 shares in the company, valued at approximately $41,365,830. This represents a 10.68% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 485,515 shares of company stock valued at $66,909,882 in the last quarter. Insiders own 8.40% of the company’s stock.

Institutional Trading of Rocket Lab

A number of institutional investors have recently added to or reduced their stakes in the stock. Aventura Private Wealth LLC acquired a new stake in shares of Rocket Lab in the fourth quarter valued at approximately $25,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Rocket Lab in the fourth quarter valued at approximately $27,000. Zions Bancorporation National Association UT acquired a new stake in shares of Rocket Lab in the fourth quarter valued at approximately $28,000. EverSource Wealth Advisors LLC grew its position in shares of Rocket Lab by 109.5% in the second quarter. EverSource Wealth Advisors LLC now owns 796 shares of the rocket manufacturer’s stock valued at $28,000 after purchasing an additional 416 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd acquired a new stake in shares of Rocket Lab in the fourth quarter valued at approximately $29,000. Hedge funds and other institutional investors own 71.78% of the company’s stock.

Rocket Lab Company Profile

(Get Free Report)

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.