Roth Capital raised the firm’s price target on Rocket Lab (RKLB) to $100 from $90 and keeps a Buy rating on the shares after meeting with CFO Adam Spice. Rocket Lab is seeing continued momentum across both launch and space systems, the analyst tells investors in a research note. Roth believes the company is positioned to benefit from the secular trends of increased and accelerating space technology and defense spending. The firm says Rocket Lab’s launch segment remains on track with Electron “off to a good start” in 2026 and tracking toward 20% year-over-year launch growth.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RKLB:
- Moderately bullish activity in Rocket Lab USA with shares up 0.78%
- Global Defense Spending Hits a Post-Cold War High — Inside the Defiance JEDI ETF and the Drone Warfare Boom
- Rocket Lab Completes Mynaric Acquisition, Expands European Presence
- Moderately bullish activity in Rocket Lab USA with shares up 4.52%
- Rocket Lab introduces new electric satellite thruster
