Rocket Lab secured an $816M U.S. Space Development Agency contract, marking its largest and a pivotal defense sector win. RKLB's space systems segment, not launches, is the primary growth driver, with proprietary tech like Phoenix and StarLite gaining government validation. Valuation is stretched at 79x EV/sales, reflecting high-growth expectations but leaving little room for execution missteps.
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Momentum is running hot for Rocket Lab NASDAQ: RKLB, as shares continue to surge to fresh all-time highs. The aerospace and defense company has been a consistent focus of MarketBeat in recent months, with specific attention paid to its expanding contract pipeline, increasingly constructive technical setup, and sector-wide momentum.
Rocket Lab Corporation is rated a Strong Buy as it approaches profitability and demonstrates accelerating revenue growth. RKLB delivered a major EPS beat in Q3 (-$0.02 vs. expected -$0.06) and achieved 100% launch success in 2025. Significant international expansion and validation include contracts with JAXA, ESA, the Canadian Space Agency, and a landmark $816M U.S. military deal.
Rocket Lab stock (RKLB) has experienced significant growth recently—up 67% in just a month. Should you invest now, or is this trend becoming too costly?
Rocket Lab surges 66.9% in a month, driven by launches and major contracts. However, premium valuation and high costs raise questions about buying the stock now.
In the most recent trading session, Rocket Lab Corporation (RKLB) closed at $78.14, indicating a +2.83% shift from the previous trading day.
Rocket Lab ( NASDAQ:RKLB ) stock climbed about 30% in one week in December following reports of a planned SpaceX initial public offering in 2026 at a valuation of up to $1.5 trillion.
The momentum has shown little sign of slowing for Rocket Lab NASDAQ: RKLB. Shares of the aerospace and defense company have gone from strength to strength, rising roughly 1,775% over the past three years and nearly 175% year to date.
The $600 billion space sector should keep getting bigger next year as startups and established companies alike ramp up their efforts. Elon Musk and his SpaceX are leading that charge.
RKLB and AVAV draw investor focus as rising U.S. space and defense spending lifts launch activity, satellite work and military contracts.
Needham & Co. boosts its price target on Rocket Lab's stock to $90 from $63.