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Needham Highlights Rocket Lab’s (RKLB) Shift to Major Defense Prime After Record $805M Satellite Award
Rocket Lab Corporation (NASDAQ:RKLB) is one of the best emerging technology stocks to invest in. On December 23, Needham raised the firm’s price target on Rocket Lab to $90 from $63, while maintaining a Buy rating on the shares. Following the Space Development Agency’s announcement of its Tracking Layer Tranche 3 contracts, Rocket Lab secured […] Dec 28, 2025 - $RKLB
Rocket Lab price target raised to $90 from $63 at Needham
Needham raised the firm’s price target on Rocket Lab (RKLB) to $90 from $63 and keeps a Buy rating on the shares after the Space Development Agency announced contracts for its Tracking Layer Tranche 3, for which the company was awarded $805M. This award, the largest in company history, “strongly validates” Rocket Lab as a defense prime, its burgeoning Space Systems segment, and more than doubles segment backlog, the analyst tells investors.Claim 70% Off TipRanks This Holiday SeasonUnlock hedge f Dec 24, 2025 - $RKLB
This Recent IPO Drops 59% After Big Rise. What’s Behind the Wild Swings.
Shares of Starfighters Space plummeted Tuesday in another tumultuous trading session following the space-launch company’s completion of its initial public offering last week. Starfighters, which says it owns and operates the world’s largest commercial supersonic aircraft fleet, began trading on the NYSE American small-cap exchange on Thursday. Starfighters is based at NASA’s Kennedy Space Center in Florida. Dec 23, 2025 - $RKLB
Rocket Lab Stock Has Been a December Darling. It Has More Room to Rise, Say Analysts.
Shares of Rocket Lab already have gone to the moon in December. Needham & Co. reiterated a Buy rating on Rocket Lab shares and lifted its price target to $90 from $63 in a research note Tuesday. While perhaps best known as a challenger to SpaceX in launch services, Rocket Lab also will play a “growing role in the future of national defense,” wrote analyst Ryan Koontz. Dec 23, 2025 - $RKLB
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