RKLB
New analyst love
Rocket Lab is having one of those “suddenly everyone’s paying attention” days. KeyBanc’s Michael Leshock upgraded the stock from Sector Weight to Overweight and set a $135 price target, betting the company’s mix of launch services, satellite systems, and NASA-adjacent growth can keep the story moving.
Why the Street is getting warmer
The bull case here isn’t exactly subtle: Rocket Lab has already logged roughly 90 successful Electron launches, its Neutron rocket is still marching toward debut, and the backlog is now over $2.2 billion. Translation: there’s real business under the hood, not just moonshot vibes and cool logos.
The Nasdaq-100 cherry on top
There’s also the index-angle boost. Rocket Lab is set to join the Nasdaq-100 on June 22, 2026, which tends to attract a fresh wave of passive buying and a few extra eyeballs from investors who like their aerospace with a side of index membership.
Big picture
Between the upgrade, the index inclusion, and the company’s long-run optionality in space infrastructure, Rocket Lab is starting to look less like a speculative sci-fi bet and more like a real contender. Of course, the stock is still very much in “show me” mode — but the market clearly likes the setup.