Rocket Lab Corporation (RKLB) Stock Price & Analysis

Rocket Lab Corporation (RKLB) closed at USD 51.22 on Thursday, October 22, 2026, down 4.54% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 51.22; the Oct 22, 2026 session ranged USD 49.96–52.98 on volume of 16,609,383 shares. Market capitalization is —, with a 52-week range of USD 37.57–151 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:22 UTC.

Also available as compact Markdown for AI agents: nexqual.com/RKLB.md

Key facts (RKLB)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (RKLB)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$62.2M$211M$245M$436M$602M$769M
Gross profit-$1.9M$19.0M$51.4M$116M$207M—
Operating income-$102M-$135M-$178M-$190M-$229M-$223M
Net income-$117M-$136M-$183M-$190M-$198M-$165M
EPS (diluted)-$0.56-$0.29-$0.38-$0.38-$0.37—
Free cash flow-$97.5M-$149M-$154M-$116M-$322M-$371M
Gross margin-3.0%9.0%21.0%26.6%34.4%—
Operating margin-164.0%-64.1%-72.7%-43.5%-38.0%-29.1%
Net margin-188.5%-64.4%-74.6%-43.6%-32.9%-21.5%
Revenue growth+77.0%+239.0%+15.9%+78.3%+38.0%—
Cash + short-term investments$691M$472M$245M$419M$1.02B—
Total debt$100M$103M$105M$345M$152M—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (RKLB)

Superinvestors (SEC 13F-HR, Q2 2026) (RKLB)

2 of 80 tracked investors hold RKLB. Each row is the investor's latest 13F; change is vs their prior-quarter share count.

InvestorFirm% of portfolioValueChange
Torray Funds0.06%$457KReduced -50.0%
Polen CapitalPolen Capital Management0.02%$2.3MReduced -3.4%

Insider sales (SEC Form 4, open-market, last ~7 months) (RKLB)

14 of 21 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-10-01Spice Adam C.Chief Financial Officer140,157$9.9M9.1%Yes (adopted June 03, 2026)Routine (sold in Mar & May & Nov each year 2023–2025; this trade is outside those months)
2026-09-02Spice Adam C.Chief Financial Officer140,157$8.8M9.1%Yes (adopted June 03, 2026)Routine (sold in Mar & May & Nov each year 2023–2025; this trade is outside those months)
2026-08-27Klein FrankChief Operations Officer35,558$2.4M3.7%Yes (adopted September 19, 2025)Too little history (no open-market trades in 2023)
2026-08-27Kampani ArjunSVP & General Counsel6,034$402K2.3%Yes (adopted September 19, 2025)Routine (sold in Mar & May & Nov each year 2023–2025; this trade is outside those months)
2026-08-24Spice Adam C.Chief Financial Officer9,677$674K0.7%YesRoutine (sold in Mar & May & Nov each year 2023–2025; this trade is outside those months)
2026-08-24Ricupati AgostinoVP Corp Controller & CAO669$47K2.4%NoToo little history (no open-market trades in 2023–2025)
2026-08-24Klein FrankChief Operations Officer45,692$3.2M4.5%YesToo little history (no open-market trades in 2023)
2026-08-24Kampani ArjunSVP & General Counsel7,754$540K2.9%YesRoutine (sold in Mar & May & Nov each year 2023–2025; this trade is outside those months)
2026-08-24Clevenger Marvin BradfordPresident, Rocket Lab USA, Inc15,051$1.0M3.2%YesToo little history (no open-market trades in 2023–2025)
2026-07-06…2026-07-08Beck PeterCEO3,275,779$286M59.6%Yes (adopted March 27, 2026)Too little history (no open-market trades in 2024)
2026-06-18Kampani ArjunSVP & General Counsel88,000$9.5M25%NoRoutine (sold in Mar & May & Nov each year 2023–2025; this trade is outside those months)
2026-06-02Slusky Alexander RDirector40,000$4.9M9.2%NoToo little history (no open-market trades in 2023 or 2025)
2026-05-28Slusky Alexander RDirector60,000$9.0M12.1%NoToo little history (no open-market trades in 2023 or 2025)
2026-05-28Klein FrankChief Operations Officer36,860$5.4M3.5%Yes (adopted September 19, 2025)Too little history (no open-market trades in 2023)
2026-05-28Clevenger Marvin BradfordPresident, Rocket Lab USA, Inc3,500$513K0.7%NoToo little history (no open-market trades in 2023–2025)
2026-05-28Kampani ArjunSVP & General Counsel23,804$3.5M6.3%Yes (adopted September 19, 2025)Routine (sold in Mar & May & Nov each year 2023–2025)
2026-05-26…2026-05-27Kampani ArjunSVP & General Counsel98,668$14.2M20.8%YesRoutine (sold in Mar & May & Nov each year 2023–2025)
2026-05-26Spice Adam C.Chief Financial Officer62,744$8.9M4.8%YesRoutine (sold in Mar & May & Nov each year 2023–2025)
2026-05-26Klein FrankChief Operations Officer44,390$6.3M4.1%YesToo little history (no open-market trades in 2023)
2026-05-26Clevenger Marvin BradfordPresident, Rocket Lab USA, Inc15,549$2.2M3.2%NoToo little history (no open-market trades in 2023–2025)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (RKLB)

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-16CitizensTarget loweredMarket Outperform$130 → $90
2026-10-15TD CowenReiteratedBuy$90
2026-10-15KeybancTarget loweredOverweight$135 → $100
2026-10-15Cantor FitzgeraldReiteratedOverweight$122
2026-10-09TD CowenTarget loweredBuy$120 → $90
2026-10-09BarclaysInitiatedOverweight$85
2026-10-01CitigroupInitiatedBuy$105
2026-09-11Raymond JamesInitiatedOutperform$80
2026-08-31B of A SecuritiesTarget loweredBuy$115 → $110
2026-08-11CitizensReiteratedMarket Outperform$130
2026-08-11Cantor FitzgeraldTarget raisedOverweight$96 → $122
2026-07-27KGI SecuritiesUpgradeNeutral → Outperform$107

Total return (dividends reinvested) (RKLB)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return-19.4%+294.0%
S&P 500 (SPY)+14.9%+80.3%
Per year-19.5%+31.5%
Volatility (annualized)92.3%77.7%
Max drawdown-66.2% (May 2026→Oct 2026)-77.1% (Nov 2021→Apr 2024)

RKLB revenue by business segment (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Space Systems$189.5M81.0%+93.6%
Launch Services$44.6M19.0%-4.4%
Total revenue$234.1M100%—

RKLB revenue by product line (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Space Systems$189.5M81.0%+93.6%
Product revenues$181.3M77.5%+95.6%
Service revenues$52.7M22.5%+1.8%
Launch Services$44.6M19.0%-4.4%
Total revenue$234.1M100%—

RKLB revenue by region (fiscal year ended Dec 31, 2025)

LineRevenueShare of totalYoY
United States$475.4M79.0%+77.2%
Japan$65.6M10.9%+113.9%
Rest Of World$40.6M6.7%+23.7%
Canada$20.2M3.4%-80.7%
Total revenue$601.8M100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

RKLB suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
PartnerHercules Capital, Inc. (HTGC)“On June 10, 2021, the Company entered into a $100,000 secured term loan agreement with Hercules Capital, Inc. (the "Hercules Capital Secured Term Loan") and borrowed the full amount under the secured term loan agreement.”
CompetitorBoeing (BA)“•companies providing dedicated and rideshare launch vehicles to deliver payloads to generic and custom planes/inclinations and altitude trajectories, such as Northrop Grumman, SpaceX, United Launch Alliance (a joint venture between Lockheed Martin Corporation and The Boeing Company), Firefly, Blue Origin, and established Russian, Indian, Chinese, European and Japanese launch providers;”
CompetitorRTX (Raytheon) (RTX)“•companies providing spacecraft solutions, such as Airbus, Lockheed, Boeing, General Atomics, General Dynamics, Maxar Technology, Northrop Grumman, Raytheon Technologies, Thales Alenia Space, Astro Digital, York Space Systems and L3Harris; and”
CompetitorSpaceX“•companies providing dedicated and rideshare launch vehicles to deliver payloads to generic and custom planes/inclinations and altitude trajectories, such as Northrop Grumman, SpaceX, United Launch Alliance (a joint venture between Lockheed Martin Corporation and The Boeing Company), Firefly, Blue Origin, and established Russian, Indian, Chinese, European and Japanese launch providers;”
CompetitorLockheed Martin (LMT)“•companies providing dedicated and rideshare launch vehicles to deliver payloads to generic and custom planes/inclinations and altitude trajectories, such as Northrop Grumman, SpaceX, United Launch Alliance (a joint venture between Lockheed Martin Corporation and The Boeing Company), Firefly, Blue Origin, and established Russian, Indian, Chinese, European and Japanese launch providers;”
CompetitorAirbus“•companies providing spacecraft solutions, such as Airbus, Lockheed, Boeing, General Atomics, General Dynamics, Maxar Technology, Northrop Grumman, Raytheon Technologies, Thales Alenia Space, Astro Digital, York Space Systems and L3Harris; and”
CompetitorHoneywell (HON)“•companies providing spacecraft components in the commercial marketplace, such as Ball Aerospace, Raytheon, Collins Aerospace, Bradford Space, Honeywell Aerospace, GOMSpace, Redwire and Beyond Gravity.”

Quoted from the company's 10-K filed Feb 26, 2026.

RKLB customer concentration

In the period ended Jun 30, 2026, a single direct customer accounted for 42% of revenue, per the company's 10-Q filed Aug 10, 2026. The company does not name it.

RKLB company outlook (results filed Aug 10, 2026)

Quoted word-for-word from the SEC 8-K results press release.

RKLB analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$-0.07$-0.06+10.7%$257.2M11
Next quarter (ends Dec 2026)$-0.05$-0.05+11.0%$265.4M11
Current fiscal year (ends Dec 2026)$-0.27$-0.25+12.0%$959.2M12
Next fiscal year (ends Dec 2027)$-0.09$-0.03+234.4%$1.33B15

Key Statistics (as of October 23, 2026 at 09:22 UTC)

PriceUSD 51.22
Change▼ 4.54% (down)
Previous CloseUSD 51.22
OpenUSD 51.22
Day RangeUSD 49.96 – 52.98
52-Week RangeUSD 37.57 – 151
Volume16,609,383 shares
Market Cap—
ExchangeNMS

Technical Analysis (RKLB)

Nexqual's technical model rates RKLB "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:22 UTC.

Overall SignalSELL
RSI (14)31.83 (neutral)
vs SMA50Below (USD 66.89)
MACD-4.78 (negative)

Earnings (RKLB)

Next Earnings Date2026-11-09
EPS EstimateUSD -0.02
Revenue Estimate$257.18M

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD -0.08 vs est -0.08 ▼ miss
2026-03-31USD -0.07 vs est -0.08 ▲ beat
2025-12-31USD -0.09 vs est -0.1 ▲ beat
2025-09-30USD -0.03 vs est -0.1 ▲ beat

Source: Nexqual, October 23, 2026 at 09:22 UTC.

Financials & Fundamentals (RKLB)

Total Revenue$769.15M
Revenue Growth (latest quarter, YoY)+62.00%
Gross Margin+37.26%
Operating Margin-24.57%
Profit Margin-21.51%
ROE-7.92%
Debt / Equity0.04
Current Ratio5.48
Total Cash$2.30B
Total Debt$133.69M

Source: Nexqual, October 23, 2026 at 09:22 UTC.

Ownership (RKLB)

Insider Ownership+0.80%
Institutional Ownership+62.13%
Shares Outstanding598.46M
Float556.86M
Short % of Float+7.47%

Source: Nexqual, October 23, 2026 at 09:22 UTC.

From Rocket Lab Corporation's Latest SEC 10-K Filing (filed 2026-02-26)

Key Strengths & Strategy (as disclosed to the SEC)

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

SymbolNamePriceChange
ESLTElbit Systems Ltd.USD 743.22▲ 0.07%
AXONAxon Enterprise, Inc.USD 414.6▲ 2.98%
HEIHeico CorporationUSD 300.02▲ 0.57%
LHXL3Harris Technologies, Inc.USD 254.23▲ 2.7%
HONAHoneywell Aerospace Inc.USD 163.02▲ 0.34%
ARXSArxis, Inc.USD 49.68▼ 3.98%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:22 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt