01:30 PM EDT, 07/18/2025 (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 $15 to $55, applying an EV/revenue multiple of 29.2x to our 2026 estimate, comparable to its five-year historical average multiple of 29.8x. RKLB's stock has gone orbital over the past month, running roughly 80% as investor excitement grows over the potential of the Neutron platform. RKLB announced that it signed a contract with Bollinger Shipyards to support the buildout of RKLB's ocean landing platform for the Neutron. The 400-foot-long ship, aptly named "Return on Investment," is expected to be delivered early next year. This points to RKLB becoming increasingly confident in the Neutron timeline, with some talk of a launch as soon as the end of this year. We expect far more information on Neutron's progress when it announces Q2 results on August 7.