RKLB is trading 4.5% up at $106.18, extending a sharp rally from late June driven by positive analyst sentiment and strategic growth initiatives.
- A major bank raised its price objective to $115 on June 30, 2026, reinforcing the growth narrative around the company's vertically integrated space platform.
- The move follows bullish analyst actions tied to Rocket Lab’s planned Iridium acquisition and its expanding footprint in the satellite business.