RKLB

Rocket Lab Corporation

2026-01-16 08:51 PM

+6.53%

Rocket Lab extends rally on continued momentum from $816M Pentagon contract

Rocket Lab continues its upward trajectory following the announcement of an $816 million contract with the U.S. Space Development Agency for 18 satellites. According to Investing.com, the stock recently hit an all-time high, with analysts including Cantor Fitzgerald maintaining bullish ratings and raising price targets.

Analysis

This marks the third strong session in the past week, with the stock shrugging off KeyBanc's downgrade to 'sector weight' on January 15th. The rally appears driven by sustained investor enthusiasm around the major defense contract and record launch activity (21 Electron launches in FY2025). Volume at 1.1x normal suggests steady accumulation rather than a single catalyst event, consistent with momentum continuation.

Sources

Rocket Lab: Neutron Euphoria Has Pushed The Stock Into Sell Territory (Rating Downgrade)
Rocket Lab USA stock hits all-time high at 89.89 USD
KeyBanc moves to the sidelines on Rocket Lab on realized growth catalysts (RKLB:NASDAQ)
KeyBanc moves to the sidelines on Rocket Lab on realized growth catalysts (RKLB:NASDAQ) - Seeking Alpha
Why Rocket Lab (RKLB) Stock Is Up Today

Date: 2026-01-16

Price: $96.69

Type: Stock Specific

Confidence: medium