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)
- Last four reported quarters (through Jun 30, 2026): revenue $769M, net income -$165M (-21.5% margin), free cash flow -$371M (SEC filings).
- 2 of 80 tracked superinvestors hold RKLB (13F, Q2 2026): 0 new, 0 added, 2 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 21 Form 4 filings, $390M; 7 not under a Rule 10b5-1 plan ($38.0M); 0 by opportunistic insiders, 9 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Total return with dividends: 1Y -19.4% vs S&P 500 +14.9%; 5Y +294.0% vs S&P 500 +80.3%.
- Next earnings: 2026-11-09, EPS estimate USD -0.07, revenue estimate $257M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (RKLB)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| 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.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Torray Funds | 0.06% | $457K | Reduced -50.0% | |
| Polen Capital | Polen Capital Management | 0.02% | $2.3M | Reduced -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 date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-10-01 | Spice Adam C. | Chief Financial Officer | 140,157 | $9.9M | 9.1% | Yes (adopted June 03, 2026) | Routine (sold in Mar & May & Nov each year 2023–2025; this trade is outside those months) |
| 2026-09-02 | Spice Adam C. | Chief Financial Officer | 140,157 | $8.8M | 9.1% | Yes (adopted June 03, 2026) | Routine (sold in Mar & May & Nov each year 2023–2025; this trade is outside those months) |
| 2026-08-27 | Klein Frank | Chief Operations Officer | 35,558 | $2.4M | 3.7% | Yes (adopted September 19, 2025) | Too little history (no open-market trades in 2023) |
| 2026-08-27 | Kampani Arjun | SVP & General Counsel | 6,034 | $402K | 2.3% | Yes (adopted September 19, 2025) | Routine (sold in Mar & May & Nov each year 2023–2025; this trade is outside those months) |
| 2026-08-24 | Spice Adam C. | Chief Financial Officer | 9,677 | $674K | 0.7% | Yes | Routine (sold in Mar & May & Nov each year 2023–2025; this trade is outside those months) |
| 2026-08-24 | Ricupati Agostino | VP Corp Controller & CAO | 669 | $47K | 2.4% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-24 | Klein Frank | Chief Operations Officer | 45,692 | $3.2M | 4.5% | Yes | Too little history (no open-market trades in 2023) |
| 2026-08-24 | Kampani Arjun | SVP & General Counsel | 7,754 | $540K | 2.9% | Yes | Routine (sold in Mar & May & Nov each year 2023–2025; this trade is outside those months) |
| 2026-08-24 | Clevenger Marvin Bradford | President, Rocket Lab USA, Inc | 15,051 | $1.0M | 3.2% | Yes | Too little history (no open-market trades in 2023–2025) |
| 2026-07-06…2026-07-08 | Beck Peter | CEO | 3,275,779 | $286M | 59.6% | Yes (adopted March 27, 2026) | Too little history (no open-market trades in 2024) |
| 2026-06-18 | Kampani Arjun | SVP & General Counsel | 88,000 | $9.5M | 25% | No | Routine (sold in Mar & May & Nov each year 2023–2025; this trade is outside those months) |
| 2026-06-02 | Slusky Alexander R | Director | 40,000 | $4.9M | 9.2% | No | Too little history (no open-market trades in 2023 or 2025) |
| 2026-05-28 | Slusky Alexander R | Director | 60,000 | $9.0M | 12.1% | No | Too little history (no open-market trades in 2023 or 2025) |
| 2026-05-28 | Klein Frank | Chief Operations Officer | 36,860 | $5.4M | 3.5% | Yes (adopted September 19, 2025) | Too little history (no open-market trades in 2023) |
| 2026-05-28 | Clevenger Marvin Bradford | President, Rocket Lab USA, Inc | 3,500 | $513K | 0.7% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-28 | Kampani Arjun | SVP & General Counsel | 23,804 | $3.5M | 6.3% | Yes (adopted September 19, 2025) | Routine (sold in Mar & May & Nov each year 2023–2025) |
| 2026-05-26…2026-05-27 | Kampani Arjun | SVP & General Counsel | 98,668 | $14.2M | 20.8% | Yes | Routine (sold in Mar & May & Nov each year 2023–2025) |
| 2026-05-26 | Spice Adam C. | Chief Financial Officer | 62,744 | $8.9M | 4.8% | Yes | Routine (sold in Mar & May & Nov each year 2023–2025) |
| 2026-05-26 | Klein Frank | Chief Operations Officer | 44,390 | $6.3M | 4.1% | Yes | Too little history (no open-market trades in 2023) |
| 2026-05-26 | Clevenger Marvin Bradford | President, Rocket Lab USA, Inc | 15,549 | $2.2M | 3.2% | No | Too 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:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-16 | Citizens | Target lowered | Market Outperform | $130 → $90 |
| 2026-10-15 | TD Cowen | Reiterated | Buy | $90 |
| 2026-10-15 | Keybanc | Target lowered | Overweight | $135 → $100 |
| 2026-10-15 | Cantor Fitzgerald | Reiterated | Overweight | $122 |
| 2026-10-09 | TD Cowen | Target lowered | Buy | $120 → $90 |
| 2026-10-09 | Barclays | Initiated | Overweight | $85 |
| 2026-10-01 | Citigroup | Initiated | Buy | $105 |
| 2026-09-11 | Raymond James | Initiated | Outperform | $80 |
| 2026-08-31 | B of A Securities | Target lowered | Buy | $115 → $110 |
| 2026-08-11 | Citizens | Reiterated | Market Outperform | $130 |
| 2026-08-11 | Cantor Fitzgerald | Target raised | Overweight | $96 → $122 |
| 2026-07-27 | KGI Securities | Upgrade | Neutral → 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)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Space Systems | $189.5M | 81.0% | +93.6% |
| Launch Services | $44.6M | 19.0% | -4.4% |
| Total revenue | $234.1M | 100% | — |
RKLB revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Space Systems | $189.5M | 81.0% | +93.6% |
| Product revenues | $181.3M | 77.5% | +95.6% |
| Service revenues | $52.7M | 22.5% | +1.8% |
| Launch Services | $44.6M | 19.0% | -4.4% |
| Total revenue | $234.1M | 100% | — |
RKLB revenue by region (fiscal year ended Dec 31, 2025)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $475.4M | 79.0% | +77.2% |
| Japan | $65.6M | 10.9% | +113.9% |
| Rest Of World | $40.6M | 6.7% | +23.7% |
| Canada | $20.2M | 3.4% | -80.7% |
| Total revenue | $601.8M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
RKLB suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Hercules 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.” |
| Competitor | Boeing (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;” |
| Competitor | RTX (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” |
| Competitor | SpaceX | “•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;” |
| Competitor | Lockheed 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;” |
| Competitor | Airbus | “•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” |
| Competitor | Honeywell (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)
- “Stock-based compensation is currently expected to range from $18 million to $20 million in Q3 2026.”
- “ET) today to discuss these business highlights and financial results for our second quarter, other updates, and to provide our outlook for the third quarter 2026.”
Quoted word-for-word from the SEC 8-K results press release.
RKLB analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.07 | $-0.06 | +10.7% | $257.2M | 11 |
| Next quarter (ends Dec 2026) | $-0.05 | $-0.05 | +11.0% | $265.4M | 11 |
| Current fiscal year (ends Dec 2026) | $-0.27 | $-0.25 | +12.0% | $959.2M | 12 |
| Next fiscal year (ends Dec 2027) | $-0.09 | $-0.03 | +234.4% | $1.33B | 15 |
Key Statistics (as of October 23, 2026 at 09:22 UTC)
| Price | USD 51.22 |
|---|---|
| Change | ▼ 4.54% (down) |
| Previous Close | USD 51.22 |
| Open | USD 51.22 |
| Day Range | USD 49.96 – 52.98 |
| 52-Week Range | USD 37.57 – 151 |
| Volume | 16,609,383 shares |
| Market Cap | — |
| Exchange | NMS |
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 Signal | SELL |
|---|---|
| RSI (14) | 31.83 (neutral) |
| vs SMA50 | Below (USD 66.89) |
| MACD | -4.78 (negative) |
Earnings (RKLB)
| Next Earnings Date | 2026-11-09 |
|---|---|
| EPS Estimate | USD -0.02 |
| Revenue Estimate | $257.18M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.08 vs est -0.08 ▼ miss |
| 2026-03-31 | USD -0.07 vs est -0.08 ▲ beat |
| 2025-12-31 | USD -0.09 vs est -0.1 ▲ beat |
| 2025-09-30 | USD -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 / Equity | 0.04 |
| Current Ratio | 5.48 |
| 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 Outstanding | 598.46M |
| Float | 556.86M |
| 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)
- Our family of spacecraft enables us to offer an end-to-end mission solution encompassing launch, full spacecraft manufacturing, ground services and mission operations to provide customers with streamlined access to orbit with Rocket Lab as a single mission partner.
- Rocket Lab is an end-to-end space company with an established track record of mission success.
- As such, Neutron will be an important part of our end-to-end space solution as it is tailored to meet demand from this growing market.
- Consistent with our endeavor to provide end-to-end space solutions for our customers, Rocket Lab has expanded beyond launch services into space systems, delivering spacecraft design services, spacecraft components, spacecraft manufacturing, optical systems and other spacecraft and on-orbit management solutions that make it faster, easier and more affordable to access space.
Legal & Regulatory Risks (Item 1A, quoted)
- Our business is subject to various regulatory risks that could adversely affect our operations.
- Changes in trade policies, including tariffs, could cause adverse impacts to our business.
- We operate in a highly regulated environment and may be audited and reviewed by the U.S. government and its agencies, such as the Defense Contract Management Agency and agency Offices of Inspector General.
- Failure to comply with the requirements of the National Industrial Security Program Operating Manual could result in interruption, delay or suspension of our ability to provide our products and services, and could result in loss of current and future business with the U.S. government.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| ESLT | Elbit Systems Ltd. | USD 743.22 | ▲ 0.07% |
| AXON | Axon Enterprise, Inc. | USD 414.6 | ▲ 2.98% |
| HEI | Heico Corporation | USD 300.02 | ▲ 0.57% |
| LHX | L3Harris Technologies, Inc. | USD 254.23 | ▲ 2.7% |
| HONA | Honeywell Aerospace Inc. | USD 163.02 | ▲ 0.34% |
| ARXS | Arxis, 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