Keybanc Rates Rocket Lab (RKLB) buy, $135 Price Target

Keybanc has raised its rating for Rocket Lab Corporation to 'buy' with a new price target of $135, a 31.44% upside from the current price.

By TradeTexts Research Desk · Published Jun 15, 2026, 8:01 AM EDT · Updated Jun 18, 2026, 1:01 PM EDT

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Keybanc rated Rocket Lab Corporation ($RKLB) "buy" with a $135 price target on June 15, 2026.

Since the rating, $RKLB is down 8.2% after 1 week, down 30.2% after 1 month and down 53.5% to date (from the $109.25 close on Jun 15, 2026).

RKLB Rocket Lab Corporation

$50.84 -33.10% year to date

Daily close · Oct 16, 2026

Key Points

On June 15, 2026, Keybanc upgraded Rocket Lab Corporation to a 'buy' rating with a new price target of $135.
Keybanc's $135 price target implies 31.44% upside from Rocket Lab Corporation's ($RKLB) current $102.71 share price.
Rocket Lab's stock trades at $102.42 on NasdaqGS, with a market cap of $63.98 billion and a high beta of 2.499.
Recent insider activity includes buying by VP Ricupati Agostino and CFO Adam Spice, while several analysts maintain 'buy' ratings.

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On June 15, 2026, Keybanc analyst Michael Leshock upgraded Rocket Lab Corporation (NasdaqGS: RKLB) to a 'buy' rating, setting a new price target of $135. This move reflects a positive outlook for the aerospace and defense company, which is currently trading at $102.42.

Rocket Lab Corporation Stock Up 73.6%

Shares of Rocket Lab Corporation are trading at $102.42, with a market capitalization of approximately $63.98 billion. The company has a high beta of 2.499, indicating significant volatility compared to the market. Over the past year, the stock has seen a low of $25.60 and a high of $151.00. The 50-day moving average is $100.74, while the 200-day moving average stands at $72.61. The company has a strong liquidity position with a current ratio of 4.475 and a quick ratio of 3.874, though it carries a debt-to-equity ratio of 6.124.

12-month forecast

$RKLB price target

Rocket Lab Corporation daily closes and this analyst's $135 target. Not advice.

Recent Earnings

Rocket Lab Corporation reported revenue of $679.58 million with a growth rate of 63.5%. However, the company is not yet profitable, posting a negative net margin of -26.87% and a return on equity of -13.55%. The next earnings report is expected on August 6, 2026.

Insider Buying and Selling at Rocket Lab Corporation

Recent insider transactions at Rocket Lab include purchases by VP Corp Controller & CAO Ricupati Agostino and CFO Adam Spice on June 3, 2026. Agostino acquired 27,532 shares, while Spice bought 275,319 shares. On the selling side, Alexander Slusky sold 40,000 shares at an average price of $123.60 on June 2, 2026.

Analysts Set New Price Targets

On June 15, 2026, Keybanc upgraded Rocket Lab to a 'buy' rating with a $135 price target. Previously, on June 11, 2026, KGI Securities initiated coverage with a 'hold' rating and a $105 target. Needham maintained a 'buy' rating with a $120 target on May 11, 2026. The consensus among 16 analysts is a 'buy', with an average target price of $105.28.

About Rocket Lab Corporation

Rocket Lab Corporation, based in Long Beach, California, is an aerospace and defense company that provides launch services and space systems solutions globally. Founded in 2006, the company designs and manufactures small to medium-class rockets, including the Electron and Neutron launch vehicles, for various space missions. Led by CEO Sir Peter Beck, Rocket Lab employs around 2,600 people and serves commercial, aerospace, and government clients.

Bottom Line

Keybanc's upgrade to 'buy' with a $135 target highlights growing confidence in Rocket Lab's future prospects. The company's recent insider buying and analyst ratings suggest strong interest in its potential. Keep in mind, however, that analyst ratings and price targets are based on projections and may not reflect current market conditions.