Rocket Lab Shares Hit Another Record After $816 Million Missile-Tracking Deal

A surge in retail options activity plus lofty growth hopes has pushed the stock beyond most analyst targets despite continuing losses.

Overview

Rocket Lab closed at $86.03 on Tuesday, its second straight all-time high, rising 10.1% on the day and roughly 70% over the past month.
The company secured an $816 million U.S. Space Development Agency award to build 18 Tracking Layer Tranche 3 satellites using its Phoenix infrared and StarLite sensors, its largest contract to date.
Options volume ran about 3.5 times the 90‑day average, and Goldman Sachs placed RKLB as the top holding in its GS Memes basket, highlighting strong retail interest.
Operational execution included 21 Electron launches in fiscal 2025 and a U.S. Space Force DiskSat mission delivered five months early.
Despite rapid growth, Rocket Lab remains unprofitable with a market cap near $42.4 billion against roughly $554.5 million in annual revenue, while recent insider sales totaled about $152 million and average analyst targets sit below current levels.