Rocket Lab (RKLB)
Builds and launches small rockets, spacecraft, components, and mission systems.
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Sells Electron orbital launches, HASTE hypersonic-test missions, and spacecraft platforms, components, software, payloads, and mission services. Space Systems contributes most revenue, while launch reliability, licensing, customer readiness, supply chains, government contracting, export controls, and Neutron qualification shape execution.
Launch Services provides dedicated Electron orbital missions and HASTE suborbital hypersonic-test missions, while Neutron remains a medium-lift development program in qualification. Space Systems supplies spacecraft platforms, components, flight software, mission design, payloads, manufacturing, and on-orbit support.
Operations span the United States and New Zealand, with additional capabilities in Canada and Germany. Vertical control across design, manufacturing, and launch supports rapid prototyping and streamlined production, and completed acquisitions have broadened the hardware and software stack.
Space Systems contributes most revenue. Execution depends on launch reliability, customer payload readiness, licensing, launch-site and supply-chain availability, government contracting and export controls; Neutron’s schedule depends on completing hardware qualification and integration.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 11, 2026 | Raymond James | Initiate | Rating: —Target: — | Target: $80 |
| Sep 2, 2026 | Berenberg Bank | Target | Target: — | Target: $83 |
| Aug 11, 2026 | Cantor Fitzgerald | Reiterate | Rating: —Target: $85 | Target: $122 |
| Aug 11, 2026 | Roth Capital | Target | Target: $130 | Target: $110 |
| Jul 27, 2026 | KGI Securities | Upgrade | Target: $105 | Target: $107 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $2.30B · Total debt $133.7M · Total assets $4.19B · Shareholders' equity $3.49B
- Revenue
- $234.1M
- Operating income
- −$57.5M
- Net income
- −$49.3M
No dividends on record.
| Institutions | 54.32% | 325.01M shares | |
|---|---|---|---|
| 1,218 holders · as of Jun 30, 2026 | |||
| Insiders | 9.50% | 56.86M shares | |
| 12 holders · as of Sep 2, 2026 | |||
| Strategic holders | 2.73% | 16.32M shares | |
| 1 holder · as of Jul 25, 2025 | |||
| Other | 33.45% | 200.16M shares | |
| remainder | |||
598.35M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Peter Beck1,2Insiderdirector, officer: CEO | 8.88% | 51.31M | filed Jul 8, 2026 |
BlackRock, Inc.Institution | 6.78% | 40.58M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 4.53% | 27.12M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.23% | 25.30M | as of Jun 30, 2026 |
Invesco Ltd.Institution | 3.07% | 18.34M | as of Jun 30, 2026 |
- Peter Beck's transaction reports restate only vehicles that traded; the 2025 ownership statement (51.31M) plus the 1.82M net shares acquired since is used instead.
- Peter Beck reports a block also reported by another filer; it is counted once, under that filer.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 2, 2026 | Adam C. Spice | officer: Chief Financial Officer | −140,157 | $62.63 |
| Aug 27, 2026 | Arjun Kampani | officer: SVP & General Counsel | −6,034 | $66.65 |
| Aug 27, 2026 | Frank Klein | officer: Chief Operations Officer | −35,558 | $66.61 |
| Aug 24, 2026 | Marvin Bradford Clevenger | officer: President, Rocket Lab USA, Inc | −15,051 | $69.63 |
| Aug 24, 2026 | Arjun Kampani | officer: SVP & General Counsel | −7,754 | $69.63 |
- Northrop Grumman
Broad rival in launch, defense spacecraft, and missile-tracking systems
- Firefly Aerospace
Closest listed peer across small launch, medium launch, and spacecraft
- Lockheed Martin
National-security spacecraft prime with competing platforms and sensors
- Redwire
Direct overlap in spacecraft platforms, solar power, avionics, and payloads
- L3Harris Technologies
Defense-space rival in missile-tracking satellites and infrared payloads
- Kratos Defense & Security Solutions
Focused rival and partner in hypersonic test vehicles and rocket systems
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Rocket Lab | $71.67 | +2.44% | $40.46B | — | — | 52.6 | +62.0% |
| Northrop Grumman | $529.81 | +0.65% | $74.82B | 16.7 | 18.0 | 1.7 | +5.1% |
| Firefly Aerospace | $22.99 | +0.68% | $3.75B | — | — | 13.1 | +656.9% |
| Lockheed Martin | $537.50 | +0.43% | $123.57B | 19.7 | 17.0 | 1.6 | +10.5% |
| Redwire | $11.78 | +1.68% | $2.77B | — | — | 6.5 | +89.6% |
| L3Harris Technologies | $248.99 | +0.84% | $45.98B | 24.9 | 19.9 | 2.0 | +8.4% |
| Kratos Defense & Security Solutions | $49.49 | +1.80% | $9.11B | 285.2 | 51.8 | 6.0 | +30.5% |
| Median | 22.3 | 19.0 | 4.0 | +20.5% |