Rocket Lab Stock Has 'Multiple Avenues For Significant Upside': Analyst Highlights What's Next

Core Viewpoint - Rocket Lab Corp (NASDAQ:RKLB) is expected to experience revenue growth and has received a price target increase from $50 to $75 by KeyBanc analyst Michael Leshock, who maintains an Overweight rating on the stock [1][2]. Group 1: Analyst Insights - Following discussions with Rocket Lab's CEO and CFO, the analyst gained insights into strong growth within the Space Systems segment and Archimedes engine production, indicating that Rocket Lab is becoming a national security asset [2]. - The company's cash position is seen as a catalyst for growth investments, potential mergers and acquisitions, and future space ventures, with a notable increase in activity compared to previous assessments [3]. - The analyst projects a 30% year-over-year growth for the Space Systems segment in 2025 and 2026, emphasizing new defense contract wins as a significant driver [3]. Group 2: Launch Services and Future Opportunities - Rocket Lab's Launch Services segment has made significant progress, achieving 15 successful Electron rocket launches year-to-date, with plans for the Neutron launch this year [4]. - There is a long-term opportunity for Rocket Lab to develop its own satellite constellation, with the analyst believing that the team is well-positioned to deploy capital effectively in the high-growth space industry [4]. - The potential for Rocket Lab to follow a growth trajectory similar to SpaceX, positioning itself as a leader in the space industry over time, is highlighted [4]. Group 3: Stock Performance - Rocket Lab stock is currently down 2.6% to $65.28, with a 52-week trading range of $10.29 to $73.97, but has seen a year-to-date increase of 161.6% in 2025 [5].