Overview
- Following the STP‑S30 launch, Rocket Lab disclosed a new U.S. Space Force/SDA contract valued at least at $806 million, with some reports placing it near $816 million.
- Analysts highlight the space-systems segment as the primary growth driver, citing government validation for Phoenix infrared sensors and StarLite technology.
- Shares jumped 65.5% in December and are up another 21.6% so far in January as investors respond to recent wins.
- Stifel raised its 12‑month price target to $85 and Needham to $90, maintaining buy ratings after the government award.
- Seeking Alpha notes a stretched valuation near 79x EV/sales and cautions that unprofitability heightens execution risk despite favorable momentum.