Cantor Fitzgerald Rates Rocket Lab (RKLB) Overweight

Cantor Fitzgerald has reiterated its Overweight rating for Rocket Lab, maintaining a price target of $122 on October 15, 2026, a 138.51% upside from the current price.

By EarningsIQ Research Desk · Published Oct 16, 2026, 11:15 AM EDT · Updated Oct 16, 2026, 2:15 PM EDT

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Cantor Fitzgerald rated Rocket Lab Corporation ($RKLB) "Overweight" with a $122 price target on October 15, 2026.

Since the rating, $RKLB is down 8.0% to date (from the $55.25 close on Oct 15, 2026).

RKLB Rocket Lab Corporation

$50.84 -33.10% year to date

Daily close · Oct 16, 2026

Key Points

Cantor Fitzgerald reiterated its Overweight rating on Rocket Lab Corporation, setting a price target of $122 on October 15, 2026.
Cantor Fitzgerald's $122 price target implies 138.51% upside from Rocket Lab Corporation's ($RKLB) current $51.15 share price.
Recently traded around $51.15, Rocket Lab's stock is significantly below its 50-day moving average by 27.1% and its 200-day moving average by 37.2%.
The company has a market cap of about $35.3 billion and reported trailing twelve-month revenue of approximately $769.1 million with a net margin of -21.5%.

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Cantor Fitzgerald has reiterated its Overweight rating for Rocket Lab Corporation (RKLB) on October 15, 2026, maintaining a price target of $122. This target is unchanged from its prior assessment. The firm believes in the company's potential despite recent market challenges.

Analyst rating track record

Cantor Fitzgerald vs. the S&P 500

YTD return -3.34% hypothetical

All-time return -3.34% S&P 500 +3.91%

vs. S&P 500 -7.25% behind the index

Hypothetical returns from Cantor Fitzgerald's disclosed trades, not real profit or advice. How we model this.

Other Institutional Activity in Rocket Lab

Several institutional investors have been active in Rocket Lab recently. Blackrock Inc. increased its holdings by 2,594,424 shares, bringing its total to about 40.6 million shares valued at approximately $2.06 billion. Vanguard Portfolio Management LLC added 1,379,593 shares for a total of about 27.1 million shares, worth around $1.38 billion. Vanguard Capital Management LLC also increased its stake by 1,012,746 shares, ending with about 25.3 million shares valued at approximately $1.29 billion. Invesco Ltd. saw a major increase, growing its position by 14,745,221 shares, totaling about 18.3 million shares worth roughly $933 million. Meanwhile, State Street Corporation added 517,976 shares, resulting in a total of about 14.4 million shares valued at around $734 million.

Rocket Lab Corporation Stock Down 13.6%

As of October 16, 2026, Rocket Lab's stock was recently trading around $51.15, which is below its 50-day moving average of $70.12 and its 200-day average of $81.43. The stock is also 66.1% off its 52-week high of $151.00 but 36.1% above its 52-week low of $37.57. The current price is significantly below the mean analyst target of $102.94, suggesting that the stock might be undervalued in the eyes of analysts.

12-month forecast

$RKLB price target

Rocket Lab Corporation daily closes and this analyst's $122 target. Not advice.

Recent Earnings

Rocket Lab reported trailing twelve-month revenue of approximately $769.1 million, reflecting a year-over-year growth of 62%. However, the company has a negative net margin of 21.5% and a return on equity of -7.9%. The next earnings report is scheduled for November 9, 2026.

Insider Buying and Selling at Rocket Lab Corporation

Recent insider transactions at Rocket Lab include Chief Financial Officer Adam C. Spice selling 9,677 shares worth about $673,790 on August 24, 2026, and General Counsel Arjun E. Kampani selling 6,034 shares valued at approximately $402,186 on August 27, 2026. Additionally, Frank Klein, an officer, sold 35,558 shares for around $2.37 million on the same day, and Adam C. Spice sold another 140,157 shares worth about $8.78 million on September 2, 2026.

Analysts Set New Price Targets

On October 15, 2026, Cantor Fitzgerald reiterated its Overweight rating on Rocket Lab with a price target of $122. In the same time frame, TD Cowen maintained a Buy rating with a target of $90, while Keybanc also reaffirmed its Overweight rating with a target of $100. The consensus among 18 analysts suggests a recommendation to buy, with a mean target price of $102.94.

About Rocket Lab Corporation

Rocket Lab Corporation is a space company that offers launch services and space systems solutions internationally, including in the U.S., Canada, and Japan. The company operates mainly through its launch services and space systems segments, aiming to provide accessible and reliable access to space.

Bottom Line

Investors should keep an eye on Rocket Lab's upcoming earnings report on November 9, 2026, as it may provide further insights into the company's performance and future outlook. Additionally, with Cantor Fitzgerald's reiteration of its Overweight rating, the market will be watching how Rocket Lab's stock performs relative to the analyst price targets set.