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Research Alert: CFRA Maintains Strong Buy Opinion On Shares Of Rocket Lab Corporation

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CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target price by $40 to $140, applying an EV/revenue multiple of 62.7x to our 2027 estimate, a premium to its five-year historical average at 43.1x. We trim our 2026 loss estimate by $0.02 to -$0.13 and lower 2027's by $0.06 to a loss of -$0.01. RKLB secured a record number of launches in backlog, with more than 70 scheduled launches, and is on track to surpass its previous annual launch record, indicating strong demand and operational cadence for its launch vehicles. RKLB is recognized as a preferred supplier across the space industry, with its components and platforms being selected for flagship missions such as Artemis, Mars rovers, and the International Space Station resupply, as well as for national security programs. Strong customer confidence and demand for the Neutron launch vehicle was evidenced by significant pre-launch bookings and the largest contract in company history, with pricing maintained at healthy commercial levels.

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