| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Rocket Lab Corp (NASDAQ:RKLB) shares are trading marginally higher Friday morning as investors digest a recent bullish analyst report and operational achievements. Here’s what investors need to know.
What To Know: KeyBanc analyst Michael Leshock last week reiterated an Overweight rating on the stock, significantly raising the price target to $75 from $50.
Leshock cited “multiple avenues for significant upside,” forecasting 30% year-over-year growth for its Space Systems segment in 2025 and noting progress on the Neutron rocket. The analyst highlighted the company's strengthening position as a national security asset following a meeting with CEO Peter Beck.
This optimism is bolstered by Rocket Lab's announcement that it has completed a key Systems Integration Review for the LOXSAT mission for NASA and Eta Space. The Photon spacecraft for the crucial cryogenic technology demonstration is now built, targeting an early 2026 launch.
Investors are now looking ahead to the company's third-quarter earnings report, which is scheduled for release on November 10.
Benzinga Edge Rankings: Underscoring the stock’s positive trend, Benzinga Edge rankings give Rocket Lab an exceptionally high Momentum score of 98.72.
RKLB Price Action: Rocket Lab shares were up 3.63% at $65.88 at the time of publication on Friday, according to data from Benzinga Pro. The stock is trading near its 52-week high of $73.97.
Read Also: Inflation Cools Enough To Bolster Fed Rate Cuts — And Markets Are Loving It
By now you're likely curious about how to participate in the market for Rocket Lab – be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.
In the case of Rocket Lab, which is trading at $65.88 as of publishing time, $100 would buy you 1.52 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.
Image: Shutterstock
Posted In: RKLB
