Bank raises RocketLab target price
March 2, 2026
Investment bank Cantor Fitzgerald, and its analyst Andres Sheppard, have raised their target price on RocketLab’s shares from $72 to $85, and maintained an ‘Overweight’ rating on the rocket company’s prospects.
Cantor remains positive on RocketLab following the recent Q4 earnings report [See our report on Friday 27], and the acquisition of Geost is significant, in that it adds payloads as a new category of offering, and should position Rocket as a disruptive prime contractor for US National Security Missions, the analyst tells investors in a research note.
Cantor also sees Rocket Labs as a direct beneficiary of the US Golden Domes initiative.
RocketLab added $751 million to its contracted backlog in Q4 which was the largest quarterly increase in company history. To put this sum in perspective, this is almost as much backlog in one quarter as it added across all of 2022, 2023 & 2024 combined.
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