Citizens Rates Rocket Lab (RKLB) buy, $130 Price Target

Citizens has reaffirmed a buy rating for Rocket Lab, raising its price target significantly, a 22.17% upside from the current price.

By EarningsIQ Research Desk · Published Jun 30, 2026, 11:02 AM EDT · Updated Jul 1, 2026, 3:01 PM EDT

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Citizens rated Rocket Lab Corporation ($RKLB) "buy" with a $130 price target on June 30, 2026.

Since the rating, $RKLB is down 17.9% after 1 week, down 36.4% after 1 month and down 50.0% to date (from the $101.65 close on Jun 30, 2026).

RKLB Rocket Lab Corporation

$50.84 -33.10% year to date

Daily close · Oct 16, 2026

Key Points

On June 30, 2026, Citizens reiterated its buy rating on Rocket Lab Corporation (NasdaqGS: RKLB) with a new price target of $130.0, up from $90.0.
Citizens's $130 price target implies 22.17% upside from Rocket Lab Corporation's ($RKLB) current $106.41 share price.
Rocket Lab's stock closed at $106.41 on Tuesday, which is well above its 52-week low of $37.57, indicating strong market performance.
The consensus among analysts shows a mean price target of $102.94, with 18 analysts providing opinions on the stock.

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Citizens' New Target for Rocket Lab

Citizens has reiterated its buy rating for Rocket Lab Corporation (NasdaqGS: RKLB) and raised its price target to $130.0 from a previous target of $90.0. This update was published on June 30, 2026, reflecting the firm's positive outlook for the aerospace company. Rocket Lab's stock closed at $106.41 on that day.

How This Rating Stands Out

This latest rating from Citizens is notable as it comes amid a series of similar ratings from other firms. On June 30, 2026, the stock was trading significantly higher than its 52-week low of $37.57, suggesting a strong recovery and market confidence. The stock's performance is noteworthy, especially considering the current price sits closer to its 52-week high of $151.00.

Institutional Ratings Comparison

While Citizens has increased its price target substantially, other firms have also weighed in on Rocket Lab. TD Cowen reiterated a buy rating with a price target of $90.0 on June 30, 2026. Keybanc maintained its overweight rating with a revised target of $100.0, and Cantor Fitzgerald reiterated its overweight rating with a target of $122.0. This collective support from various analysts indicates a generally optimistic sentiment around Rocket Lab's potential.

Stock Performance Insights

As of June 30, 2026, Rocket Lab's shares are trading at $106.41. This price reflects a strong performance compared to its previous close of $59.18. Investors are likely watching for further developments, especially given the stock's volatility, illustrated by a beta of 2.938. The stock trades well above its 50-day moving average of $70.12, indicating momentum in the right direction.

12-month forecast

$RKLB price target

Rocket Lab Corporation daily closes and this analyst's $130 target. Not advice.

Recent Earnings and Future Outlook

Rocket Lab reported revenue of approximately $769.1 million, with a revenue growth rate of 62%. However, the company has faced challenges, reporting a negative EPS of -0.23 and a net margin of -21.5%. The next earnings report is set for November 9, 2026, which could provide further insight into the company's financial health and operational performance.

What Rocket Lab Corporation Does

Rocket Lab Corporation, based in Long Beach, California, is a space company that provides launch services and space systems solutions. It designs and manufactures rockets and spacecraft, serving commercial and government clients. The positive ratings from analysts reflect confidence in the company's ability to capitalize on growth opportunities in the aerospace sector.

What's Ahead for Rocket Lab Corporation

As Rocket Lab approaches its next earnings date on November 9, 2026, investors will be keen to see how the company continues to perform amidst a competitive landscape. The recent 13F filings and analyst ratings showcase the interest and confidence from institutional investors, which may influence trading activity leading up to the earnings announcement.