Alex Sirois
6 min read
Quick Read
-
RKLB trades 63% below its 52-week high at $55, while KeyBanc’s Michael Leshock maintains a $135 target implying 144% upside.
-
Rocket Lab’s pending Iridium acquisition, approved by shareholders, is expected to close mid-2027 and materially improve the company’s cash profile.
-
Neutron’s second delay to 2027 pushed shares down nearly 20% in a week, with each slip extending the free cash flow turning point further.
-
Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now, and Rocket Lab didn’t make the cut. Enter your email to see the names that beat RKLB. The report is free. Enter your email and see if any of your stocks made the cut.
Rocket Lab (NASDAQ:RKLB) currently trades at $55.25, while Wall Street’s average price target stands at $105.05. That gap implies roughly 90% upside.
Rocket Lab builds rockets, satellites and spacecraft components. It is also buying its way toward vertical integration through Mynaric, Motiv and a pending deal for Iridium Communications (NASDAQ:IRDM). The Street-high target belongs to KeyBanc Capital Markets analyst Michael Leshock at $135.00 with an Overweight rating. That target implies about 144% upside.
That matters because the stock sits about 63% below its 52-week high of $151. Either the market is mispricing a growth story or analysts are slow to react.
Neutron Slips to 2027 and Shares Slide
Neutron, Rocket Lab’s reusable medium-lift rocket, will miss its 2026 debut. The company pushed the first launch into 2027, and shares fell as much as 14% intraday before closing down 6.64%. The CEO, Peter Beck, blamed manufacturing issues in the first stage’s forward propellant dome, adding, “Possible success isn’t our standard.”
This is the second delay. Neutron had already moved to Q4 2026 after a stage-1 tank test failure. Timing drives the cash story: management said the quarter after a successful Neutron test launch marks the free cash flow turning point, followed by 18 to 24 months to reach positive cash flow. Each delay pushes that clock back.
——
Free Report, Just Released
Why Didn’t RKLB Make The Top 10 List?
24/7 Wall St has helped investors make money for over two decades, and our top analysts just finished ranking the definitive Top 10 Stocks To Buy Now. Not the ten biggest companies. Not the ten everyone is arguing about. The ten best stocks to buy right now.
And RKLB didn’t make the cut!
The report is free, and you can see why we think each stock is a top investment today.