Rocket Lab USA (RKLB) PT Raised to $85 at Cantor Fitzgerald After Highest Revenue Yet

Cantor Fitzgerald analyst Andres Sheppard raised the price target on Rocket Lab USA (NASDAQ: RKLB) to $85.00 (from $72.00) while maintaining an Overweight rating.

The analyst commented, "We remain Bullish after RKLB reported a FY25 revenue of ~$602M (highest on record), above consensus and company guidance, after the company achieved its target of 21 successful space Launches in FY25 (7 launches in 4Q, also highest on record), and after the >60% increase in the company's backlog (following the SDA Tranche 3 award). RKLB has now completed >80 successful launches to date, and we continue to view this successful track record and launch heritage as an important moat in the industry. For FY26, we continue to model 27 launches across both Electron and Haste."

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