Rocket Lab Stock Surges as Citigroup Upgrades Rating

by MarketNewsData

Rocket Lab (RKLB) jumped 8.56% to $42.37 after Citigroup upgraded the stock to Buy and raised its price target from $33 to $50. The firm cited growing confidence in Rocket Lab’s position within the expanding space economy.

  • +40.4% YTD, +600% YoY: Rocket Lab has delivered massive gains in 2025, boosted by strong demand for its Electron rocket and growing revenue from space systems.
  • SpaceX Rival: The company is increasingly seen as a viable competitor to SpaceX, with a solid foothold in satellite launches and manufacturing.
  • Analyst Tailwind: Citigroup’s bullish call reflects optimism around Rocket Lab’s long-term growth trajectory and commercial pipeline.

With momentum building and fresh institutional backing, Rocket Lab is cementing its role as a serious player in the new space race.

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