Rocket Lab (RKLB), the space launch and satellite systems company, continues to draw strong Wall Street attention after posting record first-quarter 2026 results last week. Strong demand for its Electron launch business, growing defense contracts, and progress on the upcoming Neutron rocket have led several analysts to raise their price targets on the stock. RKLB stock has surged more than 400% over the past year and 85% year-to-date. Here’s what analysts currently expect from Rocket Lab stock.
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For context, Rocket Lab provides launch services and builds satellite systems for commercial and government customers.
Latest Analysts’ Views on RKLB Stock
Following the earnings report, several firms became more bullish on Rocket Lab’s outlook, but BTIG and Goldman Sachs (GS) maintained their Neutral stance on the stock.
Recently, Citizens JMP analyst Trevor Walsh raised his price target on RKLB stock to $95 from $85 while maintaining a Buy rating. Walsh highlighted Rocket Lab’s strong Q1 performance, with revenue rising 63% year-over-year to $200.3 million, ahead of consensus estimates of $190.9 million.
The analyst also pointed to improving margins, as adjusted EBITDA loss came in at $11.8 million, better than expectations for a $25.1 million loss. In addition, management reaffirmed that the Neutron rocket remains on track for its first launch in late 2026.
Meanwhile, Goldman Sachs analyst Noah Poponak maintained a Neutral rating on RKLB stock but raised his price target on RKLB to $76 from $73. Poponak acknowledged Rocket Lab’s strong bookings, improving Space Systems business, and continued progress toward the Neutron launch. However, Goldman Sachs noted that risks remain around Rocket Lab’s expansion plans, spending needs, and the successful execution of the Neutron program.
Who Are the Best Analysts Covering RKLB Stock?
Five-star-rated analyst Andres Sheppard at Cantor Fitzgerald is currently the most accurate analyst covering RKLB stock over the past three months. He has a 93% success rate and an average return of 49.59% per trade. On TipRanks, Sheppard ranks #904 among more than 12,000 tracked analysts.
Sheppard raised his price target on RKLB stock to $96 from $85 while maintaining an Overweight rating. Sheppard said Rocket Lab’s long history of successful launches, diversified customer base, and launch infrastructure in both New Zealand and the U.S. continue to give the company an edge over many emerging space competitors.
