Why did RKLB stock move today?

RKLB stock rallied after Rocket Lab completed a record 21 Electron launches in 2025 and announced a $805 million Space Development Agency award, its largest to date. The news points to stronger government demand and longer contract visibility, which the market tends to reward. Shares jumped about 18% on Friday as traders priced in improved growth and backlog durability. We see momentum aided by positive trend signals, but near-term swings may stay wide given a hot money flow reading and elevated volatility.

Is Rocket Lab profitable and how healthy is its balance sheet?

Rocket Lab is not yet profitable. Trailing EPS sits at -0.38, and margins remain negative while the company invests in growth. The balance sheet looks sound for operations, with a current ratio near 3.18 and debt-to-equity around 0.36. That combination supports program execution, but RKLB stock valuation reflects future delivery rather than current earnings. Investors should watch cash use, contract timing, gross margin mix, and any updates on capital needs tied to space systems and Neutron development.

What is the 2026 outlook for RKLB stock?

The $805 million SDA award and a record 2025 launch cadence strengthen 2026 revenue visibility. Key drivers include on-time government deliveries, steady Electron missions, and progress in space systems. Street targets cluster around a $65.25 consensus, with a median of $75 and a high of $85. Bank of America’s winner take most view underscores potential scale benefits. Watch the February 26, 2026 earnings call for guidance updates, margin inflection signs, and any new government wins that could lift estimates.

How should investors think about valuation and risk for RKLB stock?

RKLB stock trades at about 71 times trailing sales and roughly 32 times book value, high for a company still posting negative EPS. That premium assumes smooth contract execution and sustained demand from government customers. The Money Flow Index is elevated, and ATR shows wider daily swings, so position sizing and clear stops help. Risks include delivery delays, cost overruns on fixed-price work, payload slips, or regulatory issues. Upside depends on timely SDA milestones and additional contract awards.

Global Market Insights

RKLB Stock Today: December 22 — Record 2025 Launches and $805M Space Force Award Put Defense Backlog

ByHuzaifa Zahoor December 23, 2025December 23, 2025

RKLB stock is in focus today, December 22, after Rocket Lab capped a record 21 Electron missions in 2025 and won a $805 million Space Development Agency award. Shares jumped about 18% Friday as investors priced in stronger government demand and better backlog visibility. We break down what the contract means, how the launch cadence supports 2026 growth, and what the market is pricing. We also cover analyst targets, key dates, and risk controls so readers can decide how to approach RKLB stock now.