Rocket Lab Corporation (NASDAQ:RKLB) is one of the
10 Best Low Leverage Stocks to Buy. On May 12, 2026, Deutsche Bank raised the firm’s price target on Rocket Lab Corporation (NASDAQ:RKLB) to $120 from $73 while maintaining a Buy rating on the shares following the company’s earnings report. The firm said demand trends across Rocket Lab’s business continue to strengthen. Clear Street also raised the firm’s price target on Rocket Lab Corporation (NASDAQ:RKLB) to $98 from $88 while maintaining a Buy rating on the shares. The firm said Rocket Lab is continuing to gain momentum after reporting record Q1 revenue that exceeded expectations by 5%, supported by strength across both launch services and space systems operations. Clear Street also highlighted several positive developments from the quarter, including momentum surrounding the Neutron program and a record backlog position. The firm added that it expects the stock to react positively to the results.
Deutsche Bank Raises its Price Target on Rocket Lab (RKLB)
On May 7, 2026, Rocket Lab Corporation (NASDAQ:RKLB) reported Q1 EPS of (7c), in line with the consensus estimate. Revenue totaled $200.35M, compared to the consensus estimate of $189.68M. The company said it delivered another quarter of record financial performance, generating more than $200M in revenue while continuing execution across launch and space systems programs. Rocket Lab also pointed to a record number of major contract wins and recently completed strategic acquisitions. Rocket Lab ended the quarter with a backlog of $2.2B and said it currently has access to more than $2B in liquidity, which it believes positions the company well for continued growth and future M&A activity. Rocket Lab Corporation (NASDAQ:RKLB) provides launch services and space systems solutions for commercial and government customers globally. While we acknowledge the potential of RKLB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.