Rocket Lab stock reaches all-time high at 33.46 USD

Rocket Lab stock has reached an all-time high, hitting 33.46 USD, with a substantial market capitalization of $15.13 billion. This milestone reflects a significant period of growth for the company, though InvestingPro analysis indicates the stock is currently trading in overbought territory with a beta of 2.09, suggesting higher volatility than the broader market. Over the past year, the stock has seen a remarkable increase, with a 1-year change of 591.56%, supported by impressive revenue growth of 65%. This surge highlights investor confidence and the company’s positive trajectory in the aerospace sector. The all-time high achievement underscores Rocket Lab’s expanding influence and success in the competitive space industry. According to InvestingPro, analyst targets range from $16 to $35, with 14+ additional exclusive insights available for subscribers.

In other recent news, Rocket Lab Corporation has announced a contract to launch two dedicated missions for a commercial client using its Electron rocket, with the first mission set for June 2025. The company has completed its 66th Electron launch, deploying a synthetic aperture radar satellite for iQPS, marking its eighth mission of the year. Cantor Fitzgerald has raised its price target for Rocket Lab to $35, maintaining an Overweight rating due to the company’s successful launch history and strategic industry position. This follows discussions about Rocket Lab’s competitive stance against SpaceX and recent acquisitions of Mynaric (ETR:M0YNn) and Geost. Stifel analysts have also maintained a Buy rating with a $34 price target, citing progress in the Neutron rocket development. Rocket Lab’s strategic acquisitions aim to enhance its technological capabilities and secure essential suppliers for government projects. The company reports a 100% mission success rate for its Electron launches this year and anticipates more than 20 launches in 2025. Rocket Lab continues to expand its operational capabilities with launch pads in New Zealand and Virginia.

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