Overview
- Up to 20 HASTE hypersonic test flights are included in the four-year Pentagon contract, the largest launch services award in Rocket Lab’s history.
- Rocket Lab completed its 84th Electron mission for Synspective and now has 19 additional launches booked through 2028, bringing the total for that customer to 27.
- Shares ticked higher Monday to about $67.87 after a recent decline of roughly 6.5%, tracking broader market strength.
- Analysts remain positive with a consensus target near $89, including new Buy coverage from Clear Street at $88 and reaffirmed targets from Cantor Fitzgerald and Needham.
- Insider sales have intensified investor scrutiny, with more than 1.81 million shares sold over the past 90 days for approximately $136.5 million.