15,938 Shares in Rocket Lab Corporation $RKLB Bought by Allstate Corp

Allstate Corp bought a new position in shares of Rocket Lab Corporation (NASDAQ:RKLB) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 15,938 shares of the rocket manufacturer’s stock, valued at approximately $764,000.

Other institutional investors also recently modified their holdings of the company. Norges Bank bought a new position in shares of Rocket Lab during the second quarter worth about $164,751,000. Invesco Ltd. boosted its position in Rocket Lab by 67.0% during the 2nd quarter. Invesco Ltd. now owns 6,242,304 shares of the rocket manufacturer’s stock worth $223,287,000 after acquiring an additional 2,504,054 shares during the last quarter. Marex Group plc bought a new position in shares of Rocket Lab during the 2nd quarter worth approximately $74,359,000. HRT Financial LP bought a new position in shares of Rocket Lab during the 2nd quarter worth approximately $59,410,000. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of Rocket Lab in the second quarter valued at approximately $58,384,000. 71.78% of the stock is currently owned by institutional investors.

Rocket Lab News Roundup

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

• Positive Sentiment: Successful operational launch — Rocket Lab completed its first Electron launch of 2026, deploying two Open Cosmos satellites, reinforcing its revenue-generating launch cadence and short-term cash‑flow visibility. Rocket Lab delivers mission success
• Positive Sentiment: Analyst and institutional support — recent bullish notes (including Bank of America coverage) and several buy/overweight ratings give the stock fundamental backing and potential upside versus headline-driven dips. Bank of America Forecasts Strong Price Appreciation for Rocket Lab
• Neutral Sentiment: Company framing and next steps — Rocket Lab said the rupture occurred during an aggressive hydrostatic trial (qualification testing is designed to push limits), reported no significant facility damage, noted the next Stage 1 tank is already in production, and will provide a schedule update on its Q4 earnings call in February. This tempers panic but leaves timing uncertain. Rocket Lab Neutron Test Update
• Negative Sentiment: Neutron Stage 1 tank rupture and timeline risk — the qualification-test failure creates uncertainty around Neutron’s development timeline and has prompted negative headlines and analyst scrutiny; several outlets linked the rupture to an immediate share‑price pullback and some commentators questioned near‑term investor positioning. Rocket Lab’s Path To Neutron Launch: Breaking Tanks To Break Records Why Is RKLB Sliding Today?
• Negative Sentiment: Sell-side/market reaction pieces — opinion and trade‑idea outlets used the rupture to argue for reduced exposure or selling, amplifying volatility for a stock that already trades with wide swings. Rocket Lab’s Stock Implodes Alongside Its Neutron Rocket. Time to Sell?

Rocket Lab Stock Up 0.2%

Rocket Lab stock opened at $87.98 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.18 and a quick ratio of 2.83. The company’s 50-day moving average is $64.80 and its 200-day moving average is $55.62. The firm has a market capitalization of $47.00 billion, a PE ratio of -231.53 and a beta of 2.16. Rocket Lab Corporation has a fifty-two week low of $14.71 and a fifty-two week high of $99.58.

Rocket Lab (NASDAQ:RKLB) last issued its earnings results on Monday, November 10th. The rocket manufacturer reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.02. Rocket Lab had a negative net margin of 35.64% and a negative return on equity of 27.26%. The business had revenue of $155.08 million during the quarter, compared to the consensus estimate of $152.45 million. During the same period last year, the business posted ($0.10) EPS. Rocket Lab’s revenue was up 48.0% on a year-over-year basis. Sell-side analysts anticipate that Rocket Lab Corporation will post -0.38 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on RKLB shares. The Goldman Sachs Group increased their target price on shares of Rocket Lab from $47.00 to $69.00 and gave the stock a “neutral” rating in a report on Tuesday. Bank of America boosted their price target on shares of Rocket Lab from $60.00 to $120.00 and gave the stock a “buy” rating in a research report on Tuesday. Weiss Ratings restated a “sell (d-)” rating on shares of Rocket Lab in a research note on Wednesday, October 8th. Robert W. Baird upgraded Rocket Lab to a “strong-buy” rating in a report on Thursday, October 16th. Finally, Stifel Nicolaus upped their target price on Rocket Lab from $75.00 to $85.00 and gave the stock a “buy” rating in a report on Monday, December 22nd. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $72.92.

Insider Buying and Selling at Rocket Lab

In other news, Director Nina Armagno sold 27,314 shares of the stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $68.21, for a total value of $1,863,087.94. Following the transaction, the director directly owned 108,940 shares of the company’s stock, valued at $7,430,797.40. This represents a 20.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Edward H. Frank sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of $77.39, for a total transaction of $193,475.00. Following the sale, the director owned 142,504 shares of the company’s stock, valued at approximately $11,028,384.56. This represents a 1.72% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 4,306,150 shares of company stock worth $271,865,732. 11.90% of the stock is currently owned by corporate insiders.

About Rocket Lab

Rocket Lab is an aerospace company that provides launch services, spacecraft, and space systems for commercial and government customers. The company’s primary launch vehicle is Electron, a small-lift orbital rocket designed to deploy small satellites and rideshare payloads to low Earth orbit. Rocket Lab also develops and manufactures the Rutherford engine, noted for its electric-pump-fed design and additive-manufactured components, which powers Electron and supports the company’s propulsion capabilities.