Rocket Lab: A Growth Gem In The Space Economy's Next Frontier

Summary

• Rocket Lab is evolving into a vertically integrated space systems leader, with rapid revenue growth and a strong launch cadence fueling its stock surge.
• The company’s affordable Electron rocket, upcoming Neutron rocket, and Geost acquisition position it to capture significant market share in the expanding space economy.
• Despite current losses, improving margins, robust backlog, and consistent R&D investment signal a path to profitability by 2026 and strong long-term growth.
• At $30.04, I see RKLB as undervalued, offering an attractive entry point with a projected price target of $54.50 by 2026.

Richard Drury

Thesis Statement

Rocket Lab Corporation (NASDAQ:RKLB) to me is no longer just a rocket launcher as many used to know it. The company is transforming into a vertically interrogated space system powerhouse. Its stock has soared drastically, gaining more

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.