Kestra Advisory Services LLC Buys 9,978 Shares of Rocket Lab Corporation $RKLB

Kestra Advisory Services LLC grew its stake in Rocket Lab Corporation (NASDAQ:RKLB) by 6.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 153,951 shares of the rocket manufacturer’s stock after acquiring an additional 9,978 shares during the quarter. Kestra Advisory Services LLC’s holdings in Rocket Lab were worth $10,727,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Highland Investment Advisors LLC acquired a new position in shares of Rocket Lab in the 2nd quarter valued at $30,000. Meeder Asset Management Inc. acquired a new stake in Rocket Lab during the 2nd quarter worth $30,000. NBH Bank bought a new position in Rocket Lab during the second quarter worth about $30,000. Cherry Tree Wealth Management LLC bought a new position in Rocket Lab during the second quarter worth about $32,000. Finally, Hilton Head Capital Partners LLC lifted its holdings in Rocket Lab by 3,590.0% during the third quarter. Hilton Head Capital Partners LLC now owns 369 shares of the rocket manufacturer’s stock worth $26,000 after acquiring an additional 359 shares in the last quarter. 71.78% of the stock is owned by institutional investors.

Rocket Lab News Roundup

Here are the key news stories impacting Rocket Lab this week:

• Positive Sentiment: Revenue rose 72.7% year over year to $267.8 million, beating analyst estimates. The company also reported record backlog growth of $1.2 billion, or 52% sequentially, positive GAAP operating cash flow, and forecast fourth-quarter revenue of about $280 million at the midpoint with gross-margin expansion. Rocket Lab Q3 2026 results
• Positive Sentiment: Rocket Lab secured more than $515 million in Neutron launch deals during the quarter. The rocket’s backlog reached 16 missions, and the company raised its base launch price to $70 million for several missions—evidence of customer demand ahead of Neutron’s debut. Neutron launch deals
• Negative Sentiment: The quarterly loss was $0.12 per share, wider than analysts’ expected $0.07 loss. Reports attributed the after-hours share decline to the earnings miss, despite the revenue beat and stronger outlook. Rocket Lab shares fall after earnings miss
• Negative Sentiment: Neutron’s first launch is now expected in 2027, extending a key execution risk for investors even as the launch vehicle’s customer backlog grows. Neutron debut delay

Analysts Set New Price Targets

RKLB has been the subject of several recent analyst reports. Needham & Company LLC restated a “buy” rating and issued a $120.00 price target on shares of Rocket Lab in a report on Friday, October 16th. Barclays assumed coverage on Rocket Lab in a report on Friday, October 9th. They set an “overweight” rating and a $85.00 price objective on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Rocket Lab in a report on Thursday, October 15th. KeyCorp decreased their price objective on Rocket Lab from $135.00 to $100.00 and set an “overweight” rating for the company in a research report on Thursday, October 15th. Finally, KGI Securities raised Rocket Lab from a “neutral” rating to an “outperform” rating and set a $107.00 target price for the company in a research note on Monday, July 27th. Three analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Rocket Lab presently has a consensus rating of “Moderate Buy” and an average price target of $102.05.

Rocket Lab Stock Up 10.9%

Rocket Lab stock opened at $58.86 on Tuesday. The company’s 50-day moving average price is $62.45 and its two-hundred day moving average price is $78.80. The company has a quick ratio of 4.98, a current ratio of 5.48 and a debt-to-equity ratio of 0.01. The stock has a market cap of $35.22 billion, a P/E ratio of -217.99 and a beta of 3.15. Rocket Lab Corporation has a twelve month low of $37.57 and a twelve month high of $151.00.

Rocket Lab (NASDAQ:RKLB) last issued its quarterly earnings data on Monday, November 9th. The rocket manufacturer reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.05). Rocket Lab had a negative return on equity of 6.48% and a negative net margin of 21.51%. The firm had revenue of $267.83 million for the quarter, compared to the consensus estimate of $257.21 million. As a group, analysts expect that Rocket Lab Corporation will post -0.20 EPS for the current year.

Insiders Place Their Bets

In other Rocket Lab news, SVP Arjun Kampani sold 6,034 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $66.65, for a total transaction of $402,166.10. Following the transaction, the senior vice president owned 250,917 shares in the company, valued at $16,723,618.05. This trade represents a 2.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Adam Spice sold 140,157 shares of Rocket Lab stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $52.79, for a total value of $7,398,888.03. Following the sale, the chief financial officer directly owned 1,155,967 shares of the company’s stock, valued at $61,023,497.93. This represents a 10.81% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 551,832 shares of company stock worth $34,940,037 over the last three months. 8.40% of the stock is currently owned by corporate insiders.

Rocket Lab Company Profile

Rocket Lab is a space company that provides launch services and spacecraft and satellite systems for commercial, civil, and national security customers. Founded in 2006 by Peter Beck, the company operates internationally, with headquarters in Long Beach, California, and launch operations in New Zealand and the United States.

Its launch business centers on Electron, a small orbital rocket designed to carry satellites to space, and HASTE, a suborbital vehicle used for hypersonic test missions.