LONG BEACH, Calif. – Rocket Lab USA, Inc. (NASDAQ:RKLB) is gaining significant momentum on Wall Street, fueled by a series of aggressive price target hikes from analysts and the strategic completion of its acquisition of Geost, a move that deepens its capabilities in the high-demand national security space sector.
The combination of growing analyst confidence and strategic execution is solidifying the company’s position as a key player in the aerospace and defense industry.
Wall Street Raises Expectations
Following a strong earnings report, several influential analysts have reiterated their bullish stance on Rocket Lab. Needham & Company maintained its Buy rating while raising its price target from $45 to $55. KeyCorp followed suit, keeping its Overweight rating and boosting its target from $40 to $50. In one of the most significant upgrades, Cantor Fitzgerald lifted its price target from $35 to $54.
This wave of optimism has driven the consensus price target up from $30.40 a month ago to $42.27 today. With a consensus rating of “Moderate Buy” from 13 analysts, Wall Street is signaling strong belief in the company’s growth trajectory.
Geost Acquisition Transforms Company
Adding to the positive momentum, Rocket Lab announced on August 12 that it has officially closed its $275 million acquisition of Geost, a leader in advanced electro-optical and infrared (EO/IR) sensor systems used in national security missions.
The deal strategically transforms Rocket Lab into a vertically integrated space and defense prime contractor, capable of delivering not just launch services and spacecraft, but also the critical mission payloads themselves. Geost’s technology is vital for applications such as missile warning, tracking, tactical surveillance, and space domain awareness—capabilities that align directly with next-generation U.S. defense programs, including the Space Development Agency’s Proliferated Warfighter Space Architecture.
“The ability to build and deploy entire satellite systems rapidly will be a cornerstone of future U.S. defense strategy,” said Rocket Lab founder and CEO, Sir Peter Beck, highlighting the strategic importance of the acquisition.
The completion of the Geost deal, coupled with the strong endorsement from financial analysts, creates a powerful narrative for investors. As demand for integrated space-based defense solutions continues to grow, Rocket Lab’s unique combination of launch, spacecraft, and advanced payload capabilities gives it a distinct competitive advantage in securing future high-value government contracts.
