Rocket Lab Surges on Neutron Rocket Progress, Wall Street Turns Bullish
Sep 9 - Rocket Lab RKLB stock moved 4% higher on Monday after a series of bullish calls from Wall Street. The aerospace and defense company saw its shares climb as Roth Capital raised its price target to $60 from $50 and reaffirmed a Buy rating.
The firm pointed to steady progress with the company's Neutron rocket program and strong Q2 2025 results, which featured record revenue and expanding margins.
Other analysts also weighed in. Needham, Cantor Fitzgerald, and KeyBanc recently boosted their price targets, reflecting optimism about Rocket Lab's operational momentum. That enthusiasm comes as the company targets a first Neutron test flight before year-end, a timetable management says remains on track but still subject to operational risks.
Investors are also watching government support. Rocket Lab recently secured a $23.9 million award under the CHIPS and Science Act to expand U.S. manufacturing of space-grade components, underscoring its growing role in defense and national security projects.
Is RKLB Stock a Buy?
Based on the one year price targets offered by 12 analysts, the average target price for Rocket Lab Corp is $45.71 with a high estimate of $60.00 and a low estimate of $20.00. The average target implies a downside of -4.24% from the current price of $47.73.
Based on the consensus recommendation from 15 brokerage firms, Rocket Lab Corp's RKLB average brokerage recommendation is currently 2.1, indicating a "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.