Overview
- Stifel raised its Rocket Lab price target to $105 with a Buy rating, Cantor kept an $85 Overweight, and Morgan Stanley and Citigroup issued upgrades earlier this year.
- Rocket Lab closed its $155.3 million purchase of Mynaric after German approval, adding laser optical links that let satellites send data by light rather than radio.
- The company unveiled Gauss at the Space Symposium, an in-house electric propulsion line with a Hall thruster, a power processing unit, and propellant controls designed for output of more than 200 thrusters a year.
- Recent results show $602 million in 2025 revenue, a backlog approaching $1.9 billion, and 21 missions completed with a 100% success rate, supporting the bullish calls.
- Rocket Lab expanded its multi-launch agreement with iQPS by three more Electron missions starting in 2028, bringing the customer’s total to 15 flights.