About Rocket Lab Corporation - Common Stock (RKLB)
Rocket Lab USA Inc is an aerospace manufacturer and small satellite launch service provider that specializes in providing cost-effective and agile solutions for delivering payloads to space. The company designs and builds rockets, notably the Electron launch vehicle, which is tailored for launching small satellites into orbit. Rocket Lab also offers various satellite solutions and services, facilitating a range of applications, from scientific research to commercial telecommunications. With a focus on innovation and efficiency, Rocket Lab aims to expand access to space for a diverse array of customers, including government agencies and private enterprises. Read More
Shares of aerospace and defense company Rocket Lab (NASDAQ:RKLB)
jumped 3.1% in the morning session after Bank of America Securities analyst Ronald Epstein significantly raised the price target for the space company. The analyst increased the price target to $50.00 from $30.00, a substantial 66.67% jump, while maintaining a "Buy" rating on the stock. This boosted investor confidence, signaling a strong belief in the company's future growth and market position. The positive sentiment was echoed by CNBC's Jim Cramer, who recently called Rocket Lab "one of the hottest stocks in the universe" and reiterated his "buy, buy, buy" recommendation. This enthusiasm stems from the company's crucial role in providing launch services and spacecraft manufacturing for a growing number of companies needing to send assets to space.
Rocket Lab Corporation (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced that it will release its financial results for the second quarter 2025 following the close of the U.S. markets on Thursday August 7, 2025. Rocket Lab will host a corresponding conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
Shares of aerospace and defense company Rocket Lab (NASDAQ:RKLB)
jumped 7.2% in the afternoon session after the company received a significant price target increase from Citi and announced a key partnership for its reusable Neutron rocket.
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RKLB has surged nearly 700% over the past year as the company evolves from a niche satellite launch provider into a vertically integrated aerospace leader.
Unprofitable companies face headwinds as they struggle to keep operating expenses under control.
Some may be investing heavily, but the majority fail to convert spending into sustainable growth.
Rocket Lab Corporation (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today announced it has awarded a contract to Bollinger Shipyards, the largest privately owned new construction and repair shipbuilder in the United States, to support the build out of Rocket Lab’s ocean landing platform for its Neutron reusable rocket.
Bloomberg News reported that the lofty valuation is derived from several factors, including the rise of its fast-growing Starlink satellite internet unit.
