Roth Capital Lifts PT on Rocket Lab (RKLB) Stock

Rocket Lab Corporation (NASDAQ:RKLB) is one of the Best Reddit Stocks to Invest in Now. On August 29, Roth Capital lifted the price target on the company’s stock to $60 from $50, while keeping a “Buy” rating. The analyst is impressed by the company’s progress towards the initial Neutron launch. As per the analyst, the Neutron support infrastructure as well as launch pad infrastructure remain in place for initial launch. Therefore, the firm has increased confidence in Neutron and the Buy thesis for Rocket Lab Corporation (NASDAQ:RKLB)’s stock.

Roth Capital Lifts PT on Rocket Lab (RKLB) Stock

Rocket Lab Corporation (NASDAQ:RKLB) delivered impressive gross margin expansion and record revenue results in Q2 2025, thanks to its strong operational performance and program execution. The company progressed its acquisition of Geost, strongly placing itself to meet the needs of defense initiatives such as the Golden Dome with end-to-end mission solutions throughout launch, spacecraft, and now payloads. Rocket Lab Corporation (NASDAQ:RKLB) is confident that its strategic investments will fuel new growth opportunities, which will drive the company towards long-term profitability.

ClearBridge Investments, an investment management company, released its Q1 2025 investor letter. Here is what the fund said:

“We continued to generate a number of compelling new ideas, adding five new investments that we still held at quarter end: Glaukos, Rocket Lab USA, Inc. (NASDAQ:RKLB), Karman Holdings (through its IPO), Archrock, Hims & Hers and Geron.

Rocket Lab USA is a manufacturer of spacecraft and satellite components as well as a service provider for satellite launch services, primarily focused today on smaller payloads. With an innovative founder-led management team competing in an enormous market with significant growth in commercial, government and classified applications, we see significant growth potential.”

While we acknowledge the potential of RKLB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RKLB and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.