Rocket Lab (RKLB) Stock: Wall Street Sees 78% Upside After 95th Launch
TLDR
- RKLB stock rose 1.5% in premarket trading after completing its 16th Electron mission of 2026, the “Happily Ever Faster” launch.
- The rocket carried an Earth-observation satellite to a 500km low Earth orbit from Launch Complex 1 in New Zealand.
- Raymond James initiated coverage with a Buy rating and $80 price target; Berenberg Bank also holds a Buy with an $83 target.
- Wall Street consensus is Strong Buy with an average price target of $110.13, implying 78% upside from $61.96.
- Insiders sold over 3.6 million shares valued at roughly $312.9 million in the past 90 days, while institutional ownership stands at 71.78%.
Rocket Lab (RKLB) stock climbed 1.5% in premarket trading on September 11 after the company completed its 16th Electron rocket mission of 2026. The stock currently trades at $61.96, down 11% year-to-date.
The mission, called “Happily Ever Faster,” lifted off from Launch Complex 1 in New Zealand at 3:28 p.m. local time. It delivered an Earth-observation satellite for a confidential customer into a 500-kilometer low Earth orbit.
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