02:25 PM EDT, 06/30/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target price by $12 to $40, applying an EV/revenue multiple of 20.8x to our 2026 estimate, a premium to the peer average and its three-year historical average at 17.7x, reflecting recent contract wins and successful launches. We move our 2025 loss estimate to -$0.22 from -$0.24 and trim 2026's EPS estimate by $0.04 to $0.04. RKLB continues to perform well, with two successful launches in the last two months and encouraging progress on its Neutron rocket. It announced plans to acquire Geost for $275 million (expected to close by the end of this year). This acquisition adds electro-optical and infrared payload solutions to its in-house capabilities, further expanding its end-to-end space systems services. In addition, Elon Musk's falling out with the Trump administration could open up new opportunities for RKLB to sign Department of Defense launch contracts.